Antero Midstream (AM) Expected to Announce Quarterly Earnings on Wednesday

Antero Midstream (NYSE:AM) is expected to be announcing its earnings results after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $273.09 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Antero Midstream Stock Down 0.6 %

Shares of NYSE AM opened at $16.05 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.49. The stock has a market capitalization of $7.72 billion, a PE ratio of 19.81 and a beta of 2.31. The stock’s fifty day simple moving average is $15.57 and its two-hundred day simple moving average is $15.11. Antero Midstream has a 12-month low of $11.58 and a 12-month high of $16.86.

Antero Midstream Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 12th. Shareholders of record on Wednesday, January 29th will be given a dividend of $0.225 per share. The ex-dividend date is Wednesday, January 29th. This represents a $0.90 annualized dividend and a yield of 5.61%. Antero Midstream’s dividend payout ratio (DPR) is presently 111.11%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on AM shares. StockNews.com raised Antero Midstream from a “hold” rating to a “buy” rating in a research report on Tuesday. Wells Fargo & Company cut Antero Midstream from an “overweight” rating to an “equal weight” rating and set a $16.00 price objective for the company. in a research report on Wednesday, December 18th.

About Antero Midstream

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 collects and processes production from Antero Resources' wells in West Virginia and Ohio.