Antero Midstream beats Q4 revenue and EBITDA estimates

Antero Midstream

11/02/2026 21:23

Overview

Midstream service provider's Q4 revenue beat analyst expectations

Adjusted EBITDA for Q4 beat analyst expectations

Company repurchased 2.7 mln shares for $48 mln

Outlook

Antero Midstream forecasts 2026 net income of $485 to $535 mln

Company expects 2026 adjusted EBITDA of $1.19 to $1.24 bln

Antero Midstream projects 2026 capital expenditures of $190 to $220 mln

Result Drivers

VOLUME INCREASE - Low pressure gathering and compression volumes rose by 5% compared to the prior year quarter, supporting revenue growth

SHARE REPURCHASES - Company repurchased 2.7 mln shares for $48 mln, reflecting a strategic focus on returning capital to shareholders

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$297 mln
$291.82 mln (3 Analysts)
Q4 Adjusted Net Income
Beat
$133 mln
$117.44 mln (2 Analysts)
Q4 Net Income
$52 mln
Q4 Adjusted EBITDA
Beat
$285 mln
$281.01 mln (7 Analysts)
Q4 Capex
$45 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 6 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the oil & gas transportation services peer group is "buy."

Wall Street's median 12-month price target for Antero Midstream Corp is $19.50, about 2% below its February 10 closing price of $19.90

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nPn8QcsvKa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)