Antero Midstream Corporation with ticker code (AM) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 13 and 10 with a mean TP of 11.29. Now with the previous closing price of 10.67 this now indicates there is a potential upside of 5.8%. The 50 day moving average now sits at 10.84 and the 200 moving average now moves to 10.34. The company has a market capitalisation of $5,155m. Visit the company website at: https://www.anteromidstream.com
The potential market cap would be $5,454m based on the market concensus.
Antero Midstream Corporation owns, operates, and develops midstream energy infrastructure in the Appalachian Basin. It operates through Gathering and Processing, and Water Handling segments. 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. The Water Handling segment delivers fresh water from sources, including the Ohio River, local reservoirs, and various regional waterways; uses water handling systems to transport flowback and produced water; and offers pumping stations, water storage, and blending facilities. The company was incorporated in 2013 and is headquartered in Denver, Colorado.
