Antero Midstream Corporation (AM)

Energy · NYQ

$20.26+0.50% today

Price as at 2 Oct 2026, 01:43 UTC. Quotes are delayed.

Fundamentals

Market cap$10.81B
P/E ratio26.2
Dividend yield4.01%
Revenue growth (YoY)+8.6%
Profit margin31.9%
Return on equity20.4%
52-week range$16.96 to $23.84

Valuation and ratings

Fair value estimate$9.10
Upside to fair value-55.1%
Analyst target (mean)$24.14
Analyst range$23.00 to $26.00
Analysts with price targets7
Consensus viewhold
Moat score75/100
Overall rating42/100, low quality

Fair value: $9.10 (-55.1%), see how we got there

Antero Midstream Corporation trades at $20.26, which is 55% above the $9.10 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 75 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 26.2 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

AM dividend history

Dividend yield4.01%
Paid, trailing 12 months$0.900 per share
Most recent payment$0.225, ex 29 Jul 2026
5-year growth (p.a.)-6.1%
Consecutive years paid9

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)$0.6753
2025$0.9004
2024$0.9004
2023$0.9004
2022$0.9004
2021$0.9834
2020$1.234
2019$1.084
2018$0.4524
2017$0.0862

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

AM earnings and analyst estimates

EPS estimate, next year$1.48
Expected EPS growth+15.5%
Expected revenue growth+7.1%

Recommendation mix, 8 published ratings

0 buy7 hold1 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Antero Midstream Corporation

Antero Midstream Corporation owns, operates, and develops midstream energy assets in the Appalachian Basin. It operates in two 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 natural gas and NGLs from Antero Resources' wells in West Virginia and Ohio. The Water Handling segment delivers water from sources, including the Ohio River, local reservoirs, and various regional waterways; other fluid handling services, which include transfer and disposal; uses water handling systems to transport flowback and produced water; and buried pipelines, surface pipelines, and water storage facilities, as well as pumping stations and blending facilities. Antero Midstream Corporation was founded in 2002 and is headquartered in Denver, Colorado.

Industry: Oil & Gas MidstreamEmployees: 632HQ: United States

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

AM passes 4 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

12 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

Politician trades in AM

We hold 14 disclosed trades in AM by members of Congress and executive-branch officials. The latest 5:

  • Brian Mast · HouseBuy · $15,001 - $50,000 · traded 14 Aug 2019 · disclosed 4 Sept 2019
  • Bill Flores · HouseBuy · $1,001 - $15,000 · traded 13 Nov 2018 · disclosed 14 Dec 2018
  • Bill Flores · HouseBuy · $1,001 - $15,000 · traded 26 Sept 2018 · disclosed 9 Oct 2018
  • Bill Flores · HouseBuy · $1,001 - $15,000 · traded 18 Sept 2018 · disclosed 9 Oct 2018
  • David A. Trott · HouseBuy · $15,001 - $50,000 · traded 11 Apr 2016 · disclosed 4 May 2016

A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.

AM peers

The largest companies in the same industry (Oil & Gas Midstream), then in the same sector.

Every energy company we cover is on the Energy hub.

Common questions

Is Antero Midstream Corporation (AM) undervalued?

Against our fair value estimate of $9.10, AM at $20.26 is 55% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

Which funds own AM?

12 of the institutions we track reported a position in AM in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is AM's P/E ratio?

AM trades at 26.2 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does Antero Midstream Corporation (AM) pay a dividend?

Yes. Antero Midstream Corporation yields 4.01% at the current share price. It has paid $0.900 per share over the trailing twelve months. It has paid a dividend in each of the last 9 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

Where does SteadyShares get its AM data?

Fundamentals for AM come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 2 Oct 2026, 01:43 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for AM, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.