Antero Midstream Corporation which can be found using ticker (AM) now have 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 13 and 11 suggesting an average Analsyt target price of $11.50. Given that the stocks previous close was at $10.57 and the analysts are correct then there would likely be a percentage uptick in value of 8.8%. The day 50 moving average is $10.46 and the 200 day moving average is $10.36. The company has a market capitalization of $5,083m. Company Website: https://www.anteromidstream.com
The potential market cap would be $5,530m based on the market consensus.
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.
The company has a dividend yield of 8.47% with the ex dividend date set at 25-4-2023 (DMY).
Other points of data to note are a P/E ratio of 15.62, revenue per share of 2.07 and a 5.97% return on assets.
