NYSE:AMGP

Antero Midstream GP (AMGP) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$12.36
$12.90
50-Day Range
$12.54
$12.54
52-Week Range
$10.12
$19.91
Volume
4.90 million shs
Average Volume
1.89 million shs
Market Capitalization
$2.34 billion
P/E Ratio
38.00
Dividend Yield
5.26%
Price Target
N/A
AMGP stock logo

About Antero Midstream GP Stock (NYSE:AMGP)

Antero Midstream Corp. owns, operates and develops midstream energy assets to service Antero Resources production and completion activity. It operates through the following segments: Gathering and Processing and Water Handling. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collect and process production from Antero Resources wells in West Virginia and Ohio. The gathering and processing segment also includes equity in earnings from the Company's investments in the Joint Venture and Stonewall. The Water Handling segment includes two independent systems that deliver fresh water from sources including the Ohio River, local reservoirs and several regional waterways. The company was founded on September 23, 2013 and is headquartered in Denver, CO.

AMGP Stock News Headlines

Antero Midstream Corp.
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Company Calendar

Last Earnings
2/13/2019
Today
4/24/2024

Industry, Sector and Symbol

Industry
Oil & Gas Pipelines
Sub-Industry
N/A
Previous Symbol
NASDAQ:AMGP
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$66.60 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$142.91 million
Cash Flow
$0.33 per share
Book Value
$0.17 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.34 billion
Optionable
Optionable
Beta
1.80
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Key Executives

  • Mr. Paul M. Rady (Age 65)
    Chairman & CEO of AMGP GP LLC
  • Mr. Glen C. Warren Jr. (Age 63)
    Pres, Sec. & Director of AMGP GP LLC
  • Mr. Michael N. Kennedy (Age 44)
    CFO & Sr. VP of Fin. AMGP GP LLC
  • Mr. Alvyn A. Schopp (Age 60)
    Chief Admin. Officer, Regional Sr. VP & Treasurer of AMGP GP LLC
  • Mr. Kevin J. Kilstrom (Age 64)
    Sr. VP of Production AMGP GP LLC

AMGP Stock Analysis - Frequently Asked Questions

How were Antero Midstream GP's earnings last quarter?

Antero Midstream GP LP (NYSE:AMGP) posted its quarterly earnings results on Wednesday, February, 13th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.06. The business earned $43.49 million during the quarter, compared to analysts' expectations of $42.69 million. Antero Midstream GP had a trailing twelve-month return on equity of 246.65% and a net margin of 43.36%. The business's quarterly revenue was up 83.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.03 earnings per share.

Is Antero Midstream GP a good dividend stock?

Antero Midstream GP (NYSE:AMGP) pays an annual dividend of $0.66 per share and currently has a dividend yield of 5.23%. AMGP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AMGP will have a dividend payout ratio of 58.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMGP.

What other stocks do shareholders of Antero Midstream GP own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Antero Midstream GP investors own include Intelsat (I), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Bank of America (BAC), First Data (FDC), Cabot Oil & Gas (COG), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).

When did Antero Midstream GP IPO?

Antero Midstream GP (AMGP) raised $877 million in an IPO on Thursday, May 4th 2017. The company issued 37,300,000 shares at a price of $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.

This page (NYSE:AMGP) was last updated on 4/24/2024 by MarketBeat.com Staff

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