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 Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:AMGP
CUSIPN/A
Phone303-357-7310
Debt
Debt-to-Equity RatioN/A
Current Ratio0.70
Quick Ratio0.70
Price-To-Earnings
Trailing P/E Ratio632.67
Forward P/E Ratio36.50
P/E GrowthN/A
Sales & Book Value
Annual Sales$69.72 million
Price / Sales50.69
Cash Flow$0.0360 per share
Price / Cash527.23
Book Value$0.08 per share
Price / Book237.25
Profitability
EPS (Most Recent Fiscal Year)$0.03
Net Income$2.32 million
Net Margins21.79%
Return on Equity116.75%
Return on Assets62.16%
Miscellaneous
EmployeesN/A
Outstanding Shares186,200,000
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 declared a quarterly dividend on Thursday, April 19th. Shareholders of record on Thursday, May 3rd will be paid a dividend of $0.108 per share on Wednesday, May 23rd. This represents a $0.43 annualized dividend and a yield of 2.28%. The ex-dividend date of this dividend is Wednesday, May 2nd. This is a boost from Antero Midstream GP's previous quarterly dividend of $0.08. View Antero Midstream GP's Dividend History.
How were Antero Midstream GP's earnings last quarter?
Antero Midstream GP LP (NYSE:AMGP) posted its quarterly earnings data on Wednesday, April, 25th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.04. The firm earned $28.45 million during the quarter, compared to analysts' expectations of $28.67 million. Antero Midstream GP had a return on equity of 116.75% and a net margin of 21.79%. View Antero Midstream GP's Earnings History.
When is Antero Midstream GP's next earnings date?
What price target have analysts set for AMGP?
11 brokerages have issued 1-year price objectives for Antero Midstream GP's shares. Their predictions range from $16.00 to $27.00. On average, they anticipate Antero Midstream GP's stock price to reach $22.70 in the next twelve months. 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 Equity Partners (WGP), Western Gas Partners (WES), Enable Midstream Partners (ENBL), EQT GP (EQGP), Antero Midstream Partners (AM), EnLink Midstream Partners (ENLK), DCP Midstream (DCP), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Tallgrass Energy Partners (TEP), EnLink Midstream (ENLC), Boardwalk Pipeline Partners (BWP), Transportadora de Gas del Sur (TGS) and Rice Midstream Partners (RMP).
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 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.
Has Antero Midstream GP been receiving favorable news coverage?
News coverage about AMGP stock has been trending somewhat negative recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Antero Midstream GP earned a daily sentiment score of -0.02 on Accern's scale. They also gave news coverage about the company an impact score of 40.10 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are Antero Midstream GP's major shareholders?
Antero Midstream GP's stock is owned by a number of of institutional and retail investors. Top institutional investors include OppenheimerFunds Inc. (3.76%), Tortoise Capital Advisors L.L.C. (2.99%), Tortoise Capital Advisors L.L.C. (2.99%), Atlantic Trust Group LLC (2.27%), Eagle Global Advisors LLC (1.23%) and JPMorgan Chase & Co. (1.20%). 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 selling Antero Midstream GP stock?
AMGP stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Millennium Management LLC, Board of Trustees of The Leland Stanford Junior University, OppenheimerFunds Inc., Eagle Global Advisors LLC, Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C. and BP Capital Fund Advisors LLC. Company insiders that have sold Antero Midstream GP company stock in the last year include K Phil Yoo and Kevin J Kilstrom. View Insider Buying and Selling 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 Atlantic Trust Group LLC, Neuberger Berman Group LLC, Duff & Phelps Investment Management Co., Summit Trail Advisors LLC, Copeland Capital Management LLC, Global X Management Co. LLC, Westwood Holdings Group Inc. and Russell Investments Group Ltd.. 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 $18.98.
How big of a company is Antero Midstream GP?
Antero Midstream GP has a market capitalization of $3.42 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.
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 (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.
