Inferra AI / Company / AM
Antero Midstream Corp
AM · Utilities
Last earnings Oct 28, 2026
Key results
Net incomequarter
$116 million
Net Income was $116 million, or $0.24 per diluted share, a 14% per share increase compared to the prior year quarter ·
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Adjusted net incomequarter
$130 million
Adjusted Net Income was $130 million, or $0.27 per diluted share, a 17% per share increase compared to the prior year quarter (non-GAAP measure) ·
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Revenuequarter
$295 million
2 For the three months ended September 30, 2025, revenues were $295 million, comprised of $241 million from the Gathering and Processing segment and $54 million from the Water Handling segment, net of $18 million of amortization of customer relationships.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Water Handling revenuequarter
$26 million
Water Handling revenues include $26 million from wastewater handling and high rate water transfer services.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Net Income was $116 million, or $0.24 per diluted share, a 14% per share increase compared to the prior year quarter.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Adjusted Net Income was $0.27 per diluted share, a 17% per share increase compared to the prior year quarter.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Dividendquarter
$185 million
Free Cash Flow before dividends was $185 million, a 25% increase compared to the prior year quarter.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Free Cash Flow after dividends was $78 million, a 94 % increase compared to the prior year quarter.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
AI analysis
Q3 2025 · reported Oct 29, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | $116 million | — | — |
| Adjusted net income | $130 million | — | — |
| Revenue | $295 million | — | — |
| Water Handling revenue | $26 million | — | — |
| Dividend | $185 million | — | — |
Guidance · company-stated
No guidance located in the held release
“Based on the $377 million of litigation proceeds, net of the impact of interest expense and current income tax expense, the Company is increasing 2026 Adjusted Free Cash Flow before and after dividends guidance by $370 million.”
Capital allocation
” Justin Agnew, CFO of Antero Midstream, said “Antero Midstream’s continued EBITDA growth with declining capital resulted in third quarter 2025 Free Cash Flow after dividends nearly doubling from last year.
This significant Free Cash Flow generation allowed us to reduce absolute debt while returning incremental capital to shareholders during the quarter.
Event summary
The relevant unaudited condensed consolidated financial statements are included in Antero Midstream’s Quarterly Report on Form 10-Q for the three months ended September 30, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
” Justin Agnew, CFO of Antero Midstream, said “Antero Midstream’s continued EBITDA growth with declining capital resulted in third quarter 2025 Free Cash Flow after dividends nearly doubling from last year.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
This significant Free Cash Flow generation allowed us to reduce absolute debt while returning incremental capital to shareholders during the quarter.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Our balanced approach of debt reduction and purchasing shares, which have totaled $105 million and $114 million in 2025, respectively, further enhances our financial flexibility.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Agnew continued, “The continuous credit improvement also resulted in a credit rating upgrade and allowed Antero Midstream to refinance its nearest-term debt maturity out to 2033 at an attractive coupon.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
” For a discussion of the non-GAAP financial measures, including Adjusted EBITDA, Adjusted Net Income, Free Cash Flow before and after dividends and Leverage please see “Non-GAAP Financial Measures and Definitions.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
” 1 Share Repurchase Program During the third quarter of 2025, Antero Midstream repurchased 2.3 million shares for $41 million.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Strategy & priorities
Third Quarter 2025 Operating and Strategic Update During the third quarter of 2025, Antero Midstream connected 16 wells to its gathering system and serviced 17 wells with its fresh water delivery system.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
The remainder of the capital in the 2025 budget is focused on additional well connect and fresh water delivery capital for the 2026 development plan, including the first Marcellus dry gas pad on Antero Midstream dedicated acreage.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
” Words such as “may,” “assume,” “forecast,” “position,” “predict,” “strategy,” “expect,” “intend,” “plan,” “estimate,” “anticipate,” “believe,” “project,” “budget,” “potential,” or “continue,” and similar expressions are used to identify forward-looking statements, although not all forward-looking statements contain such identifying words.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
All statements, other than statements of historical fact, included in this Quarterly Report on Form 10-Q, regarding our strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements.
SEC original ↗Antero Midstream Corp — 10-Q Quarterly report10-QOct 28, 2026
Words such as may, assume, forecast, position, predict, strategy, expect, intend, plan, estimate, anticipate, believe, project, budget, potential, or continue, and similar expressions are used to identify forward-looking statements, although not all forward-looking statements contain such identifying words.
SEC original ↗Antero Midstream Corp — 10-Q Quarterly report10-QOct 28, 2026
Risks & headwinds
Such forward-looking statements are subject to a number of risks and uncertainties, many of which are not under Antero Midstream’s control.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
6 Antero Midstream cautions you that these forward-looking statements are subject to all of the risks and uncertainties incidental to our business, most of which are difficult to predict and many of which are beyond Antero Midstream’s control.
SEC original ↗Antero Midstream Corp — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Legal Proceedings 44 Item 1A.
SEC original ↗Antero Midstream Corp — 10-Q Quarterly report10-QOct 28, 2026
We caution investors that these forward-looking statements are subject to all of the risks and uncertainties incidental to our business, most of which are difficult to predict and many of which are beyond our control.
SEC original ↗Antero Midstream Corp — 10-Q Quarterly report10-QOct 28, 2026
These risks include, but are not limited to, commodity price volatility, inflation, supply chain or other disruptions, environmental risks, Antero Resources drilling and completion and other operating risks, regulatory changes or changes in law, the uncertainty inherent in projecting Antero Resources future rates of production, cash flows and access to capital, the timing of development expenditures, impacts of world health events, cybersecurity risks, the state of markets for, and availability of, verified quality carbon offsets and the other risks described or referenced under the heading 1A.
SEC original ↗Antero Midstream Corp — 10-Q Quarterly report10-QOct 28, 2026
Should one or more of the risks or uncertainties described or referenced in this Quarterly Report on Form 10-Q occur, or should underlying assumptions prove incorrect, our actual results and plans could differ materially from those expressed in any forward-looking statements.
SEC original ↗Antero Midstream Corp — 10-Q Quarterly report10-QOct 28, 2026
Earnings deck slides
6 decks with slide viewAntero Midstream Corp — AM+2Q26+Earnings+Call+Presentation vF 07.30.2026 (company IR deck) — Slide view unavailable — the original PDF could not be retrieved for segmentation (HTTP Error 403: Forbidden).
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
48 documents- Q3 2026
- 10-QAM
Oct 28, 2026
- 8-KAM
Oct 28, 2026
- Q2 2026
- 8-KAM
Jul 29, 2026
- 10-QAM
Jul 29, 2026
- 8-KAM
Jul 27, 2026
- Q1 2026
- 8-KAM
Jun 4, 2026
- 8-KAM
May 12, 2026
- 8-KAM
Apr 29, 2026
- 10-QAM
Apr 29, 2026
- 8-KAM
Apr 1, 2026
- Q4 2025
- 8-KAM
Feb 23, 2026
- 8-KAM
Feb 11, 2026
- 10-KAM
Feb 11, 2026
- 10-KAM
Feb 11, 2026
- 8-KAM
Feb 3, 2026
- Q3 2025
- 8-KAM
Dec 23, 2025
- 8-KAM
Dec 10, 2025
- EX-99AM
Dec 10, 2025
- 8-KAM
Dec 9, 2025
- EX-99AM
Dec 9, 2025
- 8-KAM
Dec 8, 2025
- EX-99AM
Dec 8, 2025
- 8-KAM
Nov 12, 2025
- 8-KAM
Oct 29, 2025
- 10-QAM
Oct 29, 2025
- Q2 2025
- 8-KAM
Sep 23, 2025
- 8-KAM
Sep 9, 2025
- EX-99AM
Sep 9, 2025
- 8-KAM
Sep 8, 2025
- EX-99AM
Sep 8, 2025
- 8-KAM
Aug 14, 2025
- 8-KAM
Aug 12, 2025
- 8-KAM
Jul 30, 2025
- 10-QAM
Jul 30, 2025
- Q1 2025
- 8-KAM
Jun 6, 2025
- 8-KAM
May 19, 2025
- 8-KAM
Apr 30, 2025
- 10-QAM
Apr 30, 2025
- Q4 2024
- 10-KAM
Feb 12, 2025
- Q2 2023
- 10-QAM
Jul 26, 2023
- Q4 2021
- 10-KAM
Feb 16, 2022
- Q1 2021
- 8-KAM
Apr 9, 2021
- Q4 2020
- 10-KAM
Feb 17, 2021
- Q1 2020
- 10-QAM
Apr 29, 2020
- Q4 2019
- 10-KAM
Feb 12, 2020
- Q4 2018
- 8-KAM
Mar 12, 2019
- Q3 2018
- 8-KAM
Oct 10, 2018
- Q1 2017
- 10-QAM
Earnings releases
20 documentsPresentations
7 documents
Transcripts
0 documentsNo transcripts for Antero Midstream Corp are held in this edition of the library.
Mentioned by
4 companiesOther tracked companies whose held documents mention Antero Midstream Corp by name or ticker. A mention is counted once per document, from the document text the library holds.
“potential or pending acquisitions, dispositions or other strategic transactions of AR and Antero Midstream, including the proposed acquisition… …Acquisitions Utica Divestiture HG Acquisition (1) 2Q-4Q 2026 Maintenance No Drilling JV Pro Forma C”
“year in line with our full year guidance range.” Mr. Agnew further added, “In July, Antero Midstream received approximately $371 million… …million, or $0.24 per diluted share. Net Income adjusted for amortization of customer relationships, impa”
“world health events, information regarding long-term financial and operating outlooks for Antero Midstream and Antero Resources, information regarding Antero Resources’ expected future… …Adjusted Free Cash Flow after dividends please see “Non-GAAP Fi”
“ fees and expenses. … …net proceeds from the Offering, together with borrowings under Antero Midstream Partners’ revolving credit facility and the net proceeds of the disposition of all the Company’s Utica Shale midstream assets (the “Utica… …eve”
See also the earnings calendar for every tracked company’s next earnings date.