Antero Midstream GP LP owns, operates, and develops midstream energy assets in the Marcellus and Utica Shales in West Virginia and Ohio. Its assets consist of gathering pipelines, compressor stations, interests in processing and fractionation plants, and water handling and treatment assets, which provide midstream services to Antero Resources Corporation under long term fixed fee contracts. The company was formerly known as Antero Resources Midstream Management LLC and changed its name to Antero Midstream GP LP in May 2017. Antero Midstream GP LP was founded in 2013 and is based in Denver, Colorado.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryN/A
SectorOils/Energy
Phone303-357-7310
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$142.91 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableOptionable
Antero Midstream GP (NYSE:AMGP) Frequently Asked Questions
What is Antero Midstream GP's stock symbol?
Antero Midstream GP trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMGP."
How often does Antero Midstream GP pay dividends? What is the dividend yield for Antero Midstream GP?
Antero Midstream GP announced a quarterly dividend on Thursday, January 17th. Shareholders of record on Friday, February 1st will be paid a dividend of $0.164 per share on Thursday, February 21st. This represents a $0.66 annualized dividend and a yield of 5.23%. The ex-dividend date of this dividend is Thursday, January 31st. This is an increase from Antero Midstream GP's previous quarterly dividend of $0.14. View Antero Midstream GP's Dividend History.
How were Antero Midstream GP's earnings last quarter?
Antero Midstream GP LP (NYSE:AMGP) issued its quarterly earnings results on Wednesday, February, 13th. The company reported $0.10 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.06. The business earned $43.49 million during the quarter, compared to analyst estimates of $42.69 million. Antero Midstream GP had a net margin of 43.36% and a return on equity of 246.65%. The firm's revenue for the quarter was up 83.0% on a year-over-year basis. During the same period last year, the company posted $0.03 EPS. View Antero Midstream GP's Earnings History.
What price target have analysts set for AMGP?
5 Wall Street analysts have issued 1 year target prices for Antero Midstream GP's stock. Their forecasts range from $19.00 to $23.00. On average, they expect Antero Midstream GP's stock price to reach $20.00 in the next year. This suggests a possible upside of 59.5% from the stock's current price. View Analyst Price Targets for Antero Midstream GP.
What is the consensus analysts' recommendation for Antero Midstream GP?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Antero Midstream GP in the last year. There are currently 2 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Antero Midstream GP.
Has Antero Midstream GP been receiving favorable news coverage?
Media stories about AMGP stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Antero Midstream GP earned a daily sentiment score of -2.2 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term.
Who are some of Antero Midstream GP's key competitors?
Some companies that are related to Antero Midstream GP include KUNLUN ENERGY C/ADR (KLYCY), Showa Shell Sekiyu KK (SWSKF), HollyFrontier (HFC), Andeavor Logistics (ANDX), Western Midstream Partners (WES), Western Gas Equity Partners (WGP), Cimarex Energy (XEC), Encana (ECA), Energen (EGN), Tallgrass Energy (TGE), Parsley Energy (PE), Helmerich & Payne (HP), First Solar (FSLR), Ultrapar Participacoes (UGP) and WPX Energy (WPX).
What other stocks do shareholders of Antero Midstream GP own?
Who are Antero Midstream GP's key executives?
Antero Midstream GP's management team includes the folowing people:
- Mr. Paul M. Rady, Chairman & CEO of AMGP GP LLC (Age 65)
- Mr. Glen C. Warren Jr., Pres, Sec. & Director of AMGP GP LLC (Age 63)
- Mr. Michael N. Kennedy, CFO & Sr. VP of Fin. AMGP GP LLC (Age 44)
- Mr. Alvyn A. Schopp, Chief Admin. Officer, Regional Sr. VP & Treasurer of AMGP GP LLC (Age 60)
- Mr. Kevin J. Kilstrom, Sr. VP of Production AMGP GP LLC (Age 64)
When did Antero Midstream GP IPO?
(AMGP) raised $877 million in an initial public offering on Thursday, May 4th 2017. The company issued 37,300,000 shares at $22.00-$25.00 per share. Morgan Stanley, Barclays and J.P. Morgan served as the underwriters for the IPO and Baird, Citigroup, Goldman, Sachs, Wells Fargo Securities, Credit Suisse, Scotia Howard Weil, Tudor, Pickering, Holt, Evercore ISI, Raymond James, D.A. Davidson, Janney Montgomery Scott, Ladenburg Thalmann and MUFG were co-managers.
Who are Antero Midstream GP's major shareholders?
Antero Midstream GP's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (5.64%), Eagle Global Advisors LLC (1.59%), Duff & Phelps Investment Management Co. (1.52%), Copeland Capital Management LLC (1.01%), Spirit of America Management Corp NY (0.64%) and Carnick & Kubik Group LLC (0.56%). Company insiders that own Antero Midstream GP stock include Antero Resources Investment Ll, K Phil Yoo and Kevin J Kilstrom. View Institutional Ownership Trends for Antero Midstream GP.
Which major investors are buying Antero Midstream GP stock?
AMGP stock was bought by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Eagle Global Advisors LLC, Duff & Phelps Investment Management Co., Spirit of America Management Corp NY, Copeland Capital Management LLC, Tibra Equities Europe Ltd, Avalon Advisors LLC and Vista Private Wealth Partners. LLC. View Insider Buying and Selling for Antero Midstream GP.
How do I buy shares of Antero Midstream GP?
Shares of AMGP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Antero Midstream GP's stock price today?
One share of AMGP stock can currently be purchased for approximately $12.54.
How big of a company is Antero Midstream GP?
Antero Midstream GP has a market capitalization of $2.34 billion and generates $142.91 million in revenue each year. The company earns $66.60 million in net income (profit) each year or $0.33 on an earnings per share basis.
What is Antero Midstream GP's official website?
How can I contact Antero Midstream GP?
Antero Midstream GP's mailing address is 1615 WYNKOOP STREET, DENVER CO, 80202. The company can be reached via phone at 303-357-7310 or via email at [email protected]
MarketBeat Community Rating for Antero Midstream GP (NYSE AMGP)
MarketBeat's community ratings are surveys of what our community members think about Antero Midstream GP and other stocks. Vote "Outperform" if you believe AMGP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMGP will underperform the S&P 500 over the long term. You may vote once every thirty days.
