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    Antero Midstream Partners LP (AM)

    Official site

    ENERGY • OIL & GAS MIDSTREAM • NYSE

    $20.94
    -0.61 (-2.82%)

    Market Cap: $10.14B

    Last updated: Nov 04, 2026 at 1:13 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    35%(14/40)
    Avg Surprise
    -7.12%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Dec 31, 2026
    EPS Consensus$0.39
    Range$0.39 - $0.39
    1 analysts
    Revenue Consensus
    $314M
    Range$314M - $314M
    1 analysts
    Period ending Mar 31, 2027
    EPS Consensus$0.32
    Range$0.30 - $0.35
    4 analysts
    EPS Revisions
    1
    0
    7d
    3
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.30+5.0%
    60d ago$0.31+1.0%
    30d ago$0.31+0.8%
    7d ago$0.31+0.8%
    Current$0.32
    Revenue Consensus
    $336M
    Range$331M - $341M
    2 analysts
    Last 12 of 40 reported quarters and 2 upcoming estimates
    PeriodReportedEst.RangeSurpriseB/MAnalystsRevisionsYoY
    Mar 27EST
    		-$0.32$0.30 - $0.35--4
    3
    1
    30d
    		-
    Dec 26EST
    		-$0.39$0.39 - $0.39--1--
    Sep 26
    Reported Oct 28
    		$0.82$0.29$0.29 - $0.29+182.76%Beat1
    0
    1
    30d
    		+203.7%
    Jun 26
    Reported Jul 29
    		$0.24$0.27$0.27 - $0.27-11.11%Miss1
    2
    0
    30d
    		-17.2%
    Mar 26
    Reported Apr 29
    		$0.29$0.30$0.26 - $0.34-3.33%Miss2
    2
    0
    30d
    		+3.6%
    Dec 25
    Reported Feb 11
    		$0.28$0.27$0.24 - $0.31+3.70%Beat2
    0
    2
    30d
    		+7.7%
    Sep 25
    Reported Oct 29
    		$0.27$0.29$0.27 - $0.31-6.90%Miss2
    0
    1
    30d
    		+17.4%
    Jun 25
    Reported Jul 30
    		$0.29$0.29$0.26 - $0.31+0.00%Beat2
    1
    0
    30d
    		+26.1%
    Mar 25
    Reported Apr 30
    		$0.28$0.30$0.30 - $0.30-6.67%Miss1
    No revisions (30d)
    		+33.3%
    Dec 24
    Reported Feb 12
    		$0.26$0.27$0.27 - $0.27-3.70%Miss1
    0
    1
    30d
    		+23.8%
    Sep 24
    Reported Oct 30
    		$0.23$0.30$0.21 - $0.30-23.33%Miss7
    1
    0
    30d
    		+0.0%
    Jun 24
    Reported Jul 31
    		$0.23$0.27$0.20 - $0.27-14.81%Miss7
    0
    1
    30d
    		+4.5%
    Mar 24
    Reported Apr 24
    		$0.21$0.22$0.21 - $0.28-4.55%Miss7
    1
    0
    30d
    		+0.0%
    Dec 23
    Reported Feb 14
    		$0.21$0.21$0.18 - $0.26+0.00%Beat7
    No revisions (30d)
    		+23.5%

    Dividends

    Dividend Metrics

    Forward Yield4.30%
    Forward Annual Dividend$0.90
    Payout Ratio31.65%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+0.00%
    5Y CAGR-6.06%
    AM dividend history and ex-dividend datesRun AM in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio12.85EV/EBITDA10.44x
    Price/FCF8.53xFCF Yield11.72%
    Profitability
    Profit Margin50.10%Operating Margin52.70%
    ROE31.60%ROIC13.95%
    Financial Health
    Debt/Equity1.42xInterest Coverage487.03x
    Current Ratio0.84xQuick Ratio0.84x
    Trading Statistics
    Beta0.69Avg Volume2.88M
    52-Week High$23.1052-Week Low$16.38

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$20.85
    SMA 20$20.70
    SMA 50$21.09
    SMA 200$21.27
    EMA 10$20.90
    EMA 20$20.81
    EMA 50$20.99
    EMA 200$20.74

    MACD

    Line: 0.04Signal: -0.06Hist: 0.10

    ADX

    ADX: 19.6+DI: 16.5-DI: 21.1

    Aroon & PSAR

    Aroon Up88.0
    Aroon Down48.0
    PSAR$19.75

    Bollinger Bands

    Upper Band$21.51
    Lower Band$19.89
    %B Position780%(Upper)
    Band Width0.65

    RSI (14-Day)

    Neutral
    51.6

    Momentum Oscillators

    Stoch %K64.2
    Stoch %D70.9
    Williams %R-42.4
    ROC (10d)2.9%
    Momentum0.59
    CCI (20d)46.7
    MFI (14d)64.2

    Volatility Measures

    ATR (14d)$0.65(3.1%)
    StdDev (20d)0.40
    Hist Vol29.2%(Moderate)

    Volume Flow

    VWAP$21.00
    OBV41.8M
    AD Line-3.0B
    CMF (20d)-0.749

    Volume Metrics

    Avg Vol (20d)2.9M
    Vol Ratio1.2x
    VWMA (20d)$20.73

    Pivot Points

    R3$21.88
    R2$21.66
    R1$21.27
    Pivot Point$21.05
    S1$20.65
    S2$20.43
    S3$20.04

    Advanced Oscillators

    TSI2.09
    Ultimate Osc38.6
    KST-8.31

    Financial Data

    QuarterSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
    Total Revenue$349.90M$350.05M$335.42M$314.67M$312.49M$323.14M$308.80M$305.14M$287.54M$287.46M$296.72M$277.84M
    Cost of Revenue$83.25M$84.53M$70.70M$54.08M$57.89M$63.11M$56.83M$55.92M$51.72M$56.41M$53.92M$50.78M
    Gross Profit$266.65M$265.52M$264.72M$260.59M$254.60M$260.03M$251.97M$249.22M$235.81M$231.05M$242.80M$227.06M
    Operating Expenses$-289,423,000$83.61M$76.11M$160.08M$74.11M$73.58M$74.74M$71.48M$73.39M$78.30M$76.55M$71.99M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$21.12M$22.56M$22.35M$21.47M$21.32M$22.13M$23.02M$20.77M$22.87M$21.22M$21.22M$17.93M
    Operating Income$557.23M$181.91M$188.61M$100.51M$180.49M$186.44M$177.22M$177.74M$162.43M$152.75M$166.25M$155.68M
    Interest Income$-22,796,000$-27,155,000$-24,017,000$-18,121,000$-17,508,000$-17,946,000$-20,390,000$-21,943,000$-24,144,000$-24,589,000$-25,778,000$-78,993,000
    Interest Expense$1.61M$0$32.71M$23.32M$1.31M$0$20.39M$21.94M$341,000$13.69M$59,000$-54,624,000
    Income Before Tax$532.78M$154.48M$155.91M$77.19M$161.67M$168.50M$156.83M$155.79M$137.94M$114.47M$140.41M$131.31M
    Income Tax Expense$140.13M$40.97M$37.64M$25.26M$45.69M$43.98M$36.10M$44.60M$38.20M$28.44M$36.49M$30.86M
    Net Income$392.66M$113.52M$118.27M$51.93M$115.98M$124.51M$120.74M$111.19M$99.74M$86.04M$103.93M$100.45M
    EBITDA$619.42M$243.35M$237.28M$153.23M$233.94M$238.79M$228.95M$229.48M$214.20M$209.49M$222.67M$209.75M
    EBIT$557.19M$181.64M$179.92M$100.51M$180.49M$186.44M$177.22M$177.74M$162.43M$152.75M$166.25M$155.68M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Wells Fargo raises Antero Midstream price target on pipeline project

    Wells Fargo increased its price target for Antero Midstream Partners LP (NYSE:AM) to $25.00 from $24.00, maintaining an Equal Weight rating. The adjustment follows the company's evaluation of a new North-South pipeline...

    Investing.com•11/2/26•Somewhat-Bullish

    Antero Midstream Corp (5711.DU) stock price, news, quote and history

    This Yahoo Finance page provides an overview of Antero Midstream Corp (5711.DU) stock, including its current price, news, and historical data. The stock is currently trading at 18.58 EUR...

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    Earnings call transcript: Antero Midstream misses Q3 2026 estimates but raises growth hopes

    Antero Midstream Corp. reported Q3 2026 earnings that missed Wall Street expectations, with 28 cents per share on revenue of $327.0 million against estimates of 30 cents per share and $344.3 million. Despite the miss...

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    What Antero Midstream (AM) Said on Its Q3 Earnings Call

    Antero Midstream reported a 3% increase in Q3 adjusted EBITDA to $291 million, driven by infrastructure expansion, debt reduction...

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    Antero Midstream Q3 2026 Earnings Call Transcript

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    AM Valuation and Fair Value

    P/E
    12.8x
    Forward P/E
    12.9x
    EV/EBITDA
    10.4x
    P/FCF
    8.5x
    PEG
    1.2x
    P/B
    4.5x
    See GNG's fair value

    AM Profitability: Margins, ROIC and FCF

    Gross margin
    78.3%
    Operating margin
    52.7%
    Net margin
    50.1%
    ROIC
    14.0%
    ROE
    31.6%
    FCF margin
    86.3%
    FCF yield
    11.7%

    AM Competitors

    CompanyTicker
    MRC Global IncMRC
    Kinetik Holdings IncKNTK
    Frontline LtdFRO
    SM Energy CoSM
    DT Midstream IncDTM
    PBF Energy IncPBF
    Antero Resources CorpAR
    Chord Energy CorpCHRD

    Sector: Energy

    AM Analyst Ratings

    Consensus
    Hold
    Analysts
    8
    Strong Buy
    0
    Buy
    1
    Hold
    6
    Sell
    0
    Strong Sell
    1

    AM Bull Case vs Bear Case

    Bull case

    • AM converts 86.3% of revenue into free cash flow.
    • AM has a 50.1% net profit margin.
    • AM grew quarterly revenue 12.0% year over year.

    Bear case

    • AM beat EPS estimates in 25.0% of its last 8 reported quarters.

    AM Earnings: Beat Rate and Next Report

    Beat rate
    2 of 8 quarters (25.0%)
    Average surprise
    19.3%
    EPS estimate (fiscal period ending Dec 31, 2026)
    $0.39

    AM Dividend

    Forward yield
    4.3%
    Payout ratio
    31.7%
    3Y DPS growth
    0.0%
    5Y DPS growth
    -6.1%
    Pay months
    Feb, May, Aug, Nov
    AM dividend history

    AM Earnings Date

    AM reports Feb 9, 2027, after the close. The date is estimated.

    AM Earnings Call

    The latest AM earnings call transcript on file is labeled 2026Q3.

    Read the 2026Q3 transcript

    AM ETF Holders

    GNG tracks 23 ETFs that hold AM. The largest weights:

    1. Alerian Energy Infrastructure ETF (ENFR), 3.06% of the fund
    2. NEOS MLP & Energy Infrastructure High Income ETF (MLPI), 2.28% of the fund
    3. Global X MLP & Energy Infrastructure ETF (MLPX), 2.04% of the fund
    4. BNY Mellon Global Infrastructure Income ETF (BKGI), 1.56% of the fund
    5. Tortoise Energy Infrastructure Corp (TYG), 1.15% of the fund
    Open the ETF Stock Exposure tool for AM

    See insider activity

    Frequently Asked Questions About AM

    What is AM's current dividend yield?

    Antero Midstream Partners LP (AM) has a forward dividend yield of 4.30%.

    Does AM pay dividends?

    Yes, Antero Midstream Partners LP pays dividends with a forward dividend yield of 4.30%.

    What is AM's P/E ratio?

    Antero Midstream Partners LP has a price-to-earnings (P/E) ratio of 12.85.

    What is AM's market cap?

    Antero Midstream Partners LP (AM) has a market capitalization of $10.14B with a current stock price of $20.94.

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