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
Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:AMGP
CUSIPN/A
Phone303-357-7310
Debt
Debt-to-Equity RatioN/A
Current Ratio0.44
Quick Ratio0.44
Price-To-Earnings
Trailing P/E Ratio600.33
Forward P/E Ratio33.98
P/E GrowthN/A
Sales & Book Value
Annual Sales$69.72 million
Price / Sales48.10
Cash Flow$0.0348 per share
Price / Cash517.75
Book Value$0.08 per share
Price / Book225.13
Profitability
EPS (Most Recent Fiscal Year)$0.03
Net Income$2.32 million
Net Margins32.91%
Return on Equity199.85%
Return on Assets102.79%
Miscellaneous
EmployeesN/A
Outstanding Shares186,200,000
Market Cap$3.36 billion
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, October 18th. Stockholders of record on Friday, November 2nd will be paid a dividend of $0.144 per share on Wednesday, November 21st. This represents a $0.58 annualized dividend and a dividend yield of 3.20%. The ex-dividend date of this dividend is Thursday, November 1st. This is an increase from Antero Midstream GP's previous quarterly dividend of $0.13. View Antero Midstream GP's Dividend History.
How were Antero Midstream GP's earnings last quarter?
Antero Midstream GP LP (NYSE:AMGP) issued its earnings results on Wednesday, August, 1st. The company reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.13 by $0.06. The business earned $33.14 million during the quarter, compared to analyst estimates of $33.39 million. Antero Midstream GP had a return on equity of 199.85% and a net margin of 32.91%. The business's quarterly revenue was up 116.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.01) EPS. View Antero Midstream GP's Earnings History.
When is Antero Midstream GP's next earnings date?
How can I listen to Antero Midstream GP's earnings call?
Antero Midstream GP will be holding an earnings conference call on Thursday, November 1st at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883478204.
What price target have analysts set for AMGP?
10 brokers have issued twelve-month target prices for Antero Midstream GP's shares. Their forecasts range from $16.00 to $27.00. On average, they anticipate Antero Midstream GP's share price to reach $21.80 in the next year. This suggests a possible upside of 21.0% from the stock's current price. View Analyst Price Targets for Antero Midstream GP.
What is the consensus analysts' recommendation for Antero Midstream GP?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Antero Midstream GP in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Antero Midstream GP.
Who are some of Antero Midstream GP's key competitors?
Some companies that are related to Antero Midstream GP include Targa Resources (TRGP), Western Gas Partners (WES), Western Gas Equity Partners (WGP), Enable Midstream Partners (ENBL), Tallgrass Energy (TGE), EnLink Midstream Partners (ENLK), Antero Midstream Partners (AM), DCP Midstream (DCP), EQT GP (EQGP), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Tallgrass Energy Partners (TEP), Boardwalk Pipeline Partners (BWP), EnLink Midstream (ENLC) and Dominion Energy Midstream Partners (DM).
Who are Antero Midstream GP's key executives?
Antero Midstream GP's management team includes the folowing people:
- Mr. Paul M. Rady, Chairman & CEO (Age 64)
- Mr. Glen C. Warren Jr., Pres, Sec. & Director (Age 62)
- Mr. Michael N. Kennedy, CFO & Sr. VP of Fin. (Age 43)
- Mr. Alvyn A. Schopp, Chief Admin. Officer, Regional Sr. VP & Treasurer (Age 59)
- Mr. Kevin J. Kilstrom, Sr. VP of Production (Age 63)
When did Antero Midstream GP IPO?
(AMGP) raised $877 million in an IPO 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 many different of retail and institutional investors. Top institutional investors include MAI Capital Management (0.03%), Parkside Financial Bank & Trust (0.01%) and Bank of Montreal Can (0.00%). 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 institutional investors are buying Antero Midstream GP stock?
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 $18.01.
How big of a company is Antero Midstream GP?
Antero Midstream GP has a market capitalization of $3.36 billion and generates $69.72 million in revenue each year. The company earns $2.32 million in net income (profit) each year or $0.03 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.
