Antero Midstream Corporation with ticker code (AM) now have 6 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 13 and 11 and has a mean target at $11.50. Now with the previous closing price of $10.30 this now indicates there is a potential upside of 11.7%. The day 50 moving average is $10.43 and the 200 day MA is $10.40. The total market capitalization for the company now stands at $4,901m. You can visit the company’s website by visiting: https://www.anteromidstream.com
The potential market cap would be $5,472m 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 8.74% with the ex dividend date set at 25-4-2023 (DMY).
Other points of data to note are a P/E ratio of 15.06, revenue per share of 2.07 and a 5.97% return on assets.
