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Last $22.28 USD
Change Today -0.27 / -1.20%
Volume 77.1K
AM On Other Exchanges
Symbol
Exchange
New York
As of 12:46 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

antero midstream partners lp (AM) Snapshot

Open
$22.43
Previous Close
$22.55
Day High
$22.73
Day Low
$22.25
52 Week High
11/5/14 - $30.77
52 Week Low
01/14/15 - $20.50
Market Cap
3.4B
Average Volume 10 Days
307.8K
EPS TTM
--
Shares Outstanding
76.0M
EX-Date
08/11/15
P/E TM
--
Dividend
$0.76
Dividend Yield
2.07%
Current Stock Chart for ANTERO MIDSTREAM PARTNERS LP (AM)

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antero midstream partners lp (AM) Details

Antero Midstream Partners LP owns, operates, and develops midstream energy assets. Its assets include 8-, 12-, 16-, and 20-inch high and low pressure gathering pipelines and compressor stations that collect natural gas, and oil and condensate from wells in the Marcellus Shale in West Virginia and the Utica Shale in Ohio. As of December 31, 2014, the company’s Marcellus and Utica Shale gathering systems comprised 153 miles and 96 miles of pipelines. Antero Resources Midstream Management LLC serves as the general partner of the company. Antero Midstream Partners LP was founded in 2013 and is headquartered in Denver, Colorado.

Founded in 2013

antero midstream partners lp (AM) Top Compensated Officers

Chairman of Antero Resources Midstream Manage...
Total Annual Compensation: $1.8M
President of Antero Resources Midstream Manag...
Total Annual Compensation: $1.2M
Chief Administrative Officer of Antero Resour...
Total Annual Compensation: $740.0K
Vice President of Production for Antero Resou...
Total Annual Compensation: $825.0K
Compensation as of Fiscal Year 2014.

antero midstream partners lp (AM) Key Developments

Antero Midstream Partners LP Declares Cash Distribution for the Second Quarter of 2015, Payable on August 27, 2015; Announces Unaudited Consolidated Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2015; Reiterates Earnings Guidance for the Fiscal 2015

On July 15, 2015,Antero Midstream Partners LP declared a cash distribution of $0.19 per unit ($0.76 per unit annualized) for the second quarter of 2015. The distribution represents a 6% increase compared to the first quarter 2015 distribution and 12% increase compared to the partnership's minimum quarterly distribution of $0.17 per unit ($0.68 per unit annualized). The distribution is payable on August 27, 2015 to unitholders of record as of August 13, 2015. The company announced unaudited consolidated earnings and operating results for the second quarter and six months ended June 30, 2015. For the second quarter of 2015, revenue was $57 million as compared to $17 million for the prior year quarter, primarily driven by increased throughput volumes across Antero Midstream's systems. Operating income for the second quarter of 2015 was $21 million as compared to $0.291 million in the prior year quarter, while net income was $20 million as compared to a $0.735 million for the prior year quarter. Diluted net income per limited partner unit was $0.13. Adjusted EBITDA was $40.77 million against $11.44 million a year ago. Maintenance capital expenditures was $3.38 million. Capital expenditures were $74 million in the second quarter of 2015, including $52 million in the Marcellus and $22 million in the Utica. Net cash provided by operating activities was $44.54 million against $10.43 million a year ago. For the six months, the company reported revenue was $108.84 million against $28.7 million a year ago. Operating income was $36.76 million against $1.24 million a year ago. Net income and comprehensive income was $35.1 million against $0.039 million a year ago. Diluted net income per limited partner unit was $0.23. Net cash provided by operating activities was $84.28 million against $17.04 million a year ago. Additions to property and equipment were $200.07 million against $265.55 million a year ago. Adjusted EBITDA was $76.45 million against $19.81 million a year ago. Maintenance capital expenditures was $5.79 million. For the quarter, the company reported low pressure gathering was 965 MMcf/d against 386 MMcf/d a year ago. High pressure gathering was 1,197 MMcf/d against 266 MMcf/d a year ago. Compression was 454 MMcf/d against 41 MMcf/d a year ago. Condensate gathering was 3 MBbl/d against 3 MBbl/d a year ago. For the six months, the company reported low pressure gathering was 950 MMcf/d against 359 MMcf/d a year ago. High pressure gathering was 1,166 MMcf/d against 196 MMcf/d a year ago. Compression was 406 MMcf/d against 39 MMcf/d a year ago. Condensate gathering was 3 MBbl/d against 1 MBbl/d a year ago. The company is reiterating previously stated 2015 guidance of $150 to $160 million of EBITDA and $135 to $145 million of distributable cash flow.

Antero Midstream Partners LP to Report Q2, 2015 Results on Jul 29, 2015

Antero Midstream Partners LP announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 29, 2015

Antero Midstream Partners LP, Q2 2015 Earnings Call, Jul 30, 2015

Antero Midstream Partners LP, Q2 2015 Earnings Call, Jul 30, 2015

 

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Industry Average

Valuation AM Industry Range
Price/Earnings 81.8x
Price/Sales 19.8x
Price/Book 2.6x
Price/Cash Flow 33.6x
TEV/Sales 19.1x
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