Antero Midstream Q2 adjusted net income beats estimates

Antero Midstream

30/07/2025 21:34

Overview

Antero Midstream Q2 revenue beats expectations, per LSEG data

Adjusted net income of $138 mln surpasses analyst estimates, per LSEG data

Adjusted EBITDA increases 11% yr/yr, exceeding analyst expectations

Outlook

Antero Midstream raises 2025 net income guidance by $10 mln

Company increases 2025 adjusted EBITDA guidance by $10 mln

Antero Midstream forecasts 2025 free cash flow after dividends up $25 mln

Company expects continued demand growth from Gulf Coast LNG facilities

Result Drivers

VOLUME INCREASE - Record gathering and processing volumes rose 6% year-over-year, driven by demand from Gulf Coast LNG facilities and data center growth in Appalachia, per CEO Paul Rady

CAPITAL EFFICIENCY - 13% decrease in capital expenditures contributed to an 89% increase in Free Cash Flow after dividends, per CFO Brendan Krueger

DEBT REDUCTION - Consistent Free Cash Flow generation enabled debt reduction of $170 mln over the past year, including $100 mln year-to-date, per CFO Brendan Krueger

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$305 mln
$291.80 mln (3 Analysts)
Q2 EPS
$0.26
Q2 Adjusted Net Income
Beat
$138 mln
$115.40 mln (2 Analysts)
Q2 Net Income
$125 mln
Q2 Adjusted EBITDA
Beat
$284 mln
$279.10 mln (6 Analysts)
Q2 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 $17.00, about 0.1% above its July 29 closing price of $16.98

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nPn1xBmNja

(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.)