OakChart

Antero Midstream Corp

AMEnergy·Oil & Gas Midstream·USA·Mid·NYSE·Nov 10 • 3:59 PM ET

19.780.00 (0.00%)
2026-11-11 14:50 CET
Market cap
9,343.00 USD m
Revenue, TTM
1,350.04 USD m
Net income, TTM
675.82 USD m
Free cash flow, TTM
1,164.49 USD m
EPS diluted, TTM
1.42
P/E
13.97
Compare

Price

AM against its 20, 50 and 200-day averages
2050200beatmiss
20.0022.003.6M7.2MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26AMclose 19.7820-day 20.4750-day 21.01200-day 21.6419.78

17.0% under 23.84 on 26 Mar 2026. Last 15 sessions, 16.6% high to low

Profile

AM
52-week range, 40% of the way up
17.1223.83

Antero Midstream Corp. is a growth-oriented midstream energy company, which owns, operates, and develops midstream energy assets to service Antero Resources production and completion activity. It operates through the following segments: Gathering and Processing and Water Handling. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collect and process production from Antero Resources wells in West Virginia and Ohio. The Water Handling segment focuses on two independent systems that deliver fresh water from sources including the Ohio River, local reservoirs, and several regional waterways. The company was founded on September 23, 2013 and is headquartered in Denver, CO.

IndexRUI
Employees632
IPOMay 04, 2017
Beta0.70
ATR, 14d0.66
Rel volume0.00
Short float4.55%
Insider own30.65%
Inst own60.68%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap9.34B
Enterprise Value12.55B
Income675.82M
Sales1.35B
Book/sh4.68
Cash/sh0.00
Dividend Est.0.90 (4.56%)
Dividend TTM0.90 (4.55%)
Dividend Ex-DateOct 28, 2026
Dividend Gr. 3/5Y0.00% -6.06%
Payout105.18%
Employees632
IPOMay 04, 2017

Ratios

P/E13.97
Forward P/E15.50
PEG0.84
P/S6.92
P/B4.23
P/C-
P/FCF8.02
EV/EBITDA12.96
EV/Sales9.29
Quick Ratio0.84
Current Ratio0.84
Debt/Eq1.45
LT Debt/Eq1.44
Option/ShortYes / Yes

Earnings

EPS (ttm)1.42
EPS next Y1.28
EPS next Q0.30
EPS this Y66.15%
EPS next Y-10.67%
EPS next 5Y18.54%
EPS past 3/5Y8.06% -
Sales past 3/5Y8.32% 5.33%
EPS Y/Y TTM44.68%
Sales Y/Y TTM8.04%
EPS Q/Q242.22%
Sales Q/Q11.97%
EarningsOct 28 AMC
EPS/Sales Surpr.176.37% -3.99%

Ownership

Insider Own30.65%
Insider Trans-0.01%
Inst Own60.68%
Inst Trans0.37%
ROA11.22%
ROE31.61%
ROIC12.52%
Gross Margin61.42%
Oper. Margin54.82%
Profit Margin50.06%
SMA20-3.36%
SMA50-5.85%
SMA200-8.57%
Trades-

Technical

Shs Outstand473.42M
Shs Float327.56M
Short Float4.55%
Short Ratio5.60
Short Interest14.91M
52W High23.83 -17.01%
52W Low17.12 15.54%
Volatility4.40% 3.28%
ATR (14)0.66
RSI (14)42.02
Beta0.70
Rel Volume0.00
Avg Volume2.67M
Volume0

Performance

Perf Week-5.54%
Perf Month-6.30%
Perf Quarter-11.06%
Perf Half Y-7.40%
Perf YTD11.19%
Perf Year10.81%
Perf 3Y58.24%
Perf 5Y86.96%
Perf 10Y-
Recom3.11
Target Price23.71
Prev Close19.78
Price19.78
Change %0.00%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 22, 2026UpgradeCCapitalOneEqual Weight → Overweight$25+26.4%
Apr 22, 2026UpgradeMMorgan StanleyUnderweight → Equal-Weight$26+31.4%
Dec 18, 2024DowngradeWWells FargoOverweight → Equal Weight$16-19.1%
Mar 12, 2024DowngradeTTudor, Pickering, Holt & Co.Buy → Hold$12 → $13-34.3%
Oct 06, 2023ResumedGGoldmanNeutral$12.50-36.8%
Oct 03, 2023InitiatedPPickering Energy PartnersOutperform
May 10, 2023InitiatedUUBSBuy$14-29.2%
Apr 28, 2022UpgradeWWells FargoEqual Weight → Overweight$12 → $13-34.3%
Mar 02, 2022DowngradeBBarclaysEqual Weight → Underweight$11 → $10-49.4%
May 26, 2021DowngradeTTudor PickeringHold → Sell$8-59.6%

Peers

Mkt cap
TickerCompanyMkt cap
DTMDT Midstream Inc12.13B
HESMHess Midstream LP6.28B
WESWestern Midstream Partners LP16.94B
KNTKKinetik Holdings Inc8.79B
MPLXMPLX LP57.85B
WMBWilliams Cos Inc85.03B
TRGPTarga Resources Corp61.10B
OKEOneok Inc55.87B
EQTEQT Corp32.90B
WBIWaterBridge Infrastructure LLC3.23B

Insider trading

14 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
KLIMLEY BROOKS JDirectorAug 06 '26Sale21.275,000106,35068,204Aug 06 06:41 PM
BROOKS J KLIMLEYDirectorAug 06 '26Proposed Sale21.275,000106,355Aug 06 04:04 PM
Pearce SheriSee RemarksAug 04 '26Sale22.0116,000352,16083,900Aug 05 04:29 PM
Schultz Yvette KSee RemarksMay 04 '26Sale21.9069,2691,516,991580,565May 04 09:39 PM
Kennedy Michael N.See RemarksMay 04 '26Sale21.92100,0002,192,0001,500,594May 04 09:38 PM
Yvette SchultzOfficerMay 04 '26Proposed Sale21.9069,2691,516,829May 04 04:50 PM
Kennedy Michael N.OfficerMay 04 '26Proposed Sale21.92100,0002,192,080May 04 04:15 PM
KLIMLEY BROOKS JDirectorMar 12 '26Sale23.165,000115,80069,680Mar 12 08:19 PM
BROOKS J KLIMLEYDirectorMar 12 '26Proposed Sale23.165,000115,800Mar 12 04:07 PM
Pearce SheriSee RemarksMar 10 '26Sale22.7614,000318,64099,900Mar 10 09:35 PM
Schultz Yvette KSee RemarksMar 09 '26Sale22.8125,000570,250649,834Mar 10 09:32 PM
Yvette SchultzOfficerMar 09 '26Proposed Sale22.8125,000570,171Mar 09 05:26 PM
KLIMLEY BROOKS JDirectorDec 16 '25Sale17.595,00087,95072,622Dec 16 07:12 PM
BROOKS J KLIMLEYDirectorDec 16 '25Proposed Sale17.595,00087,949Dec 16 04:08 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 124.95B
VTIVanguard Morningstar Total Stock Market ETFAUM: 689.41B
VBVanguard Morningstar Small-Cap ETFAUM: 79.96B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.82B
VXFVanguard Extended Market Index ETFAUM: 30.61B
MLPXGlobal X MLP & Energy Infrastructure ETFAUM: 3.45B
DFASU.S. Small Cap Portfolio-ETF Class SharesAUM: 15.57B
MDYState Street SPDR S&P MIDCAP 400 ETF TrustAUM: 26.35B
IJKiShares S&P Mid-Cap 400 Growth ETFAUM: 10.52B
XMHQInvesco S&P MidCap Quality ETFAUM: 5.84B

News

latest 14 of 206
  • Antero Midstream's Litigation-Fueled Beat Masks A Flat Quarter, But A Stronger 2027 Outlook Raises The Stakes (Earnings Whispers)
  • Antero Midstream Announces Third Quarter 2026 Financial and Operating Results (PR Newswire)
  • Antero Midstream Must Deliver Promised EBITDA Jump As Stock Lags Its Growth Pitch (Earnings Whispers)
  • Antero Resources Announces Third Quarter 2026 Earnings Release Date and Conference Call (PR Newswire)
  • GameStop Upgraded, Celestica Downgraded: Updated Rankings on Top Blue-Chip Stocks (InvestorPlace)
  • Loading…
  • Antero Announced as Official Jersey Patch Sponsor of WVU Athletics (Business Wire)
  • Antero Midstream Announces Second Quarter 2026 Financial and Operating Results (PR Newswire)
  • Antero Resources Announces Second Quarter 2026 Earnings Release Date and Conference Call (PR Newswire)
  • Antero Midstream Announces Second Quarter 2026 Return of Capital and Earnings Release Date and Conference Call (PR Newswire)
  • Marriott Upgraded, Roku Downgraded: Updated Rankings on Top Blue-Chip Stocks (InvestorPlace)
  • Reddit Upgraded, Spotify Downgraded: Updated Rankings on Top Blue-Chip Stocks (InvestorPlace)
  • Antero Midstream Corp (AM) Q1 2026 Earnings Call Highlights: Strategic Acquisitions and Robust ... (GuruFocus.com)
  • Antero Midstream Announces First Quarter 2026 Financial and Operating Results (PR Newswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-280.8200.2970.820327.02340.625
2026Q22026-07-290.2400.2690.238327.24326.436
2026Q12026-04-290.2500.2600.247314.21311.36
2025Q42026-02-110.1100.2460.108297296.226
2025Q32025-10-290.2400.2510.240294.82296.746
2025Q22025-07-300.2600.2470.258305.47300.16
2025Q12025-04-300.2500.2290.249291.13285.936
2024Q42025-02-120.2300.2280.228287.48277.796
2024Q32024-10-300.2100.2140.205269.87279.466
2024Q22024-07-310.1800.2150.177269.8274.666
2024Q12024-04-240.2100.2230.214279.05277.256
2023Q42024-02-140.2100.1980.207260.17261.046
2023Q32023-10-250.2000.1940.202263.84268.967
2023Q22023-07-260.1800.1930.180258.29267.036
2023Q12023-04-260.1800.1920.179259.48257.066
2022Q42023-02-150.1700.1850.172241.55247.368

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY-0.5600.536-0.8031,0041,045
2020FY-0.260-0.228-0.257900.66917.09
2021FY0.6900.6990.690898.2927.93
2022FY0.6800.7040.678919.98947.79
2023FY0.7700.7630.7701,0421,049
2024FY0.8300.8270.8251,1061,102
2025FY0.8600.9960.8601,1881,197
2026FY-1.429--1,339
2027FY-1.276--1,451
2028FY-1.432--1,541
2029FY-1.710---
2030FY-1.950---

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-02421352.38320.47365.55
2026Q4S2026-10-30311348.78320.47365.55
2026Q4S2026-10-29301345.38320.47365.55
2026Q4S2026-10-28300350.76336.62365.55
2026Q4S2026-10-19310350.76336.62365.55
2026Q4S2026-10-18310350.32335.29365.55
2026Q4S2026-10-17320350.32335.29365.55
2026Q4S2026-10-14420349.52335.29365.55
2026Q4S2026-09-22430349.52335.29365.55
2026Q4S2026-09-17431349.52335.29365.55
2026Q4S2026-08-14431349.05335.29363.68
2026Q4S2026-08-04421340.48329.42350.11
2026Q4S2026-07-31412339.13329.42347.12
2026Q4S2026-07-30412335.71321.62347.12

Estimate history

EPS, annual0.0130.33-0.803-0.2570.690.6780.770.8250.8561.4155
Period201720182019202020212022202320242025TTM
EPS, quarterly0.2050.2280.2490.2580.240.1080.2470.2380.823
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual00849.598971.391968.874990.6571112.4431176.8651259.0981350.04
Period201720182019202020212022202320242025TTM
Sales, quarterly287.538305.145308.797323.14312.489314.672335.421350.046349.896
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual186.215186.219484.042476.639477.495478.497479.713479.422474.06473.417
Period201720182019202020212022202320242025MRQ
Shares, quarterly481.295479.422479.263479.011476.712474.06475.028474.657473.417
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue1,350.041,259.101,176.871,112.44990.66968.87971.39849.600.00
Cost of Goods Sold Incl. D&A520.82436.89428.84420.07382.91337.04345.03348.540.00
Gross Profit829.22822.21748.03692.37607.75631.83626.36501.060.00
Selling, General and Administrative Excl. Other89.1689.7387.8173.5366.2967.8367.43123.5143.85
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income740.06732.47660.22618.84541.46564.00558.93377.54-43.85
Interest Expense207.29190.40207.03217.25189.95175.28147.01110.400.14
Unusual Expense-358.107.4914.420.954.2426.80673.64776.040.00
Net Income Before Taxes920.36564.20548.62500.07443.74448.74-178.22-457.5898.92
Income Taxes243.99151.03147.73128.29117.49117.12-55.69-102.4732.31
Consolidated Net Income676.37413.16400.89371.79326.24331.62-122.53-355.1161.37
Net Income From Continuing Operations676.37413.16400.89371.79326.24331.62-122.53-355.1161.37
Net Income675.82412.61400.34371.24325.69331.07-123.08-355.5661.37
EPS (Recurring)0.890.870.850.770.680.730.730.420.33
EPS (Basic, Before Extraordinaries)1.420.860.830.770.680.69-0.26-0.800.33
EPS (Diluted)1.420.860.820.770.680.69-0.26-0.800.33
EBITDA968.32937.45871.08825.75744.11743.92738.57530.27-43.85
Non-Operating Income (Expense)29.4929.62109.8599.4396.4786.8283.5051.31142.91
Other After Tax Adjustments0.000.000.000.000.000.000.000.00-5.24
Stock Option Compensation Expense33.4535.4035.0224.9715.539.889.3353.6727.74
Price To Earnings Ratio13.9713.9718.7717.0716.1014.01--34.79
Price To Sales Ratio7.126.816.225.435.234.793.803.95-
Gross Margin61.4265.3063.5662.2461.3565.2164.4858.98-
Operating Margin54.8258.1756.1055.6354.6658.2157.5444.44-
Net Margin50.0632.7734.0233.3732.8834.17-12.67-41.85-
Shares Outstanding473.42474.06479.42479.71478.50477.50476.64484.04186.22
Market Capitalization9,343.009,343.007,263.186,010.805,162.854,622.243,674.893,820.962,081.93

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue349.90350.05335.42314.67312.49323.14308.80305.14
Cost of Goods Sold Incl. D&A144.09144.71126.54105.48110.02114.15107.25106.44
Gross Profit205.81205.34208.88209.19202.47208.99201.55198.71
Selling, General and Administrative Excl. Other21.4222.8422.8922.0121.7622.5023.4721.16
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income184.39182.50185.99187.18180.71186.49178.08177.55
Interest Expense50.7555.6854.0346.8447.2047.9648.4149.72
Unusual Expense-372.390.418.695.201.480.000.820.00
Net Income Before Taxes532.78154.48155.9177.19161.67168.50156.83155.79
Income Taxes140.1240.9737.6425.2645.6943.9836.1044.60
Consolidated Net Income392.66113.52118.2751.93115.98124.51120.74111.19
Net Income From Continuing Operations392.66113.52118.2751.93115.98124.51120.74111.19
Net Income392.52113.38118.1351.79115.85124.38120.60111.05
EPS (Recurring)0.280.240.260.120.240.260.250.23
EPS (Basic, Before Extraordinaries)0.830.240.250.110.240.260.250.23
EPS (Diluted)0.820.240.250.110.240.260.250.23
EBITDA245.23242.68241.83238.59232.84237.53228.50228.06
Non-Operating Income (Expense)26.7528.0732.64-57.9629.6429.9727.9827.96
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense8.668.558.367.888.719.019.809.05
Price To Earnings Ratio13.9726.6626.6618.2320.6722.0421.8218.77
Price To Sales Ratio7.128.278.486.787.507.477.336.23
Gross Margin58.8258.6662.2766.4864.7964.6865.2765.12
Operating Margin52.7052.1355.4559.4957.8357.7157.6758.19
Net Margin112.1832.3935.2216.4637.0738.4939.0536.39
Shares Outstanding473.42474.66475.03474.06476.71479.01479.26479.42
Market Capitalization9,343.0010,805.8010,786.258,472.939,302.069,081.208,614.917,263.18

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments262.940.000.070.000.000.641.242.825.99
Short Term Receivables109.66116.0189.5687.6782.8891.81105.600.000.00
Inventories0.000.000.000.000.000.000.000.000.00
Other Current Assets7.272.051.501.330.921.481.720.090.00
Total Current Assets379.86118.0691.1388.9983.8093.93108.562.915.99
Net Property, Plant & Equipment3,454.573,881.623,793.523,751.433,394.753,254.043,273.410.000.00
Total Investments and Advances585.78603.96626.65652.77696.01722.48709.6443.4923.77
Intangible Assets1,074.091,144.761,215.431,286.101,356.781,427.452,073.580.000.00
Deferred Tax Assets140.88121.21118.15114.3897.29103.40103.231.30-
Other Assets389.8113.3510.8912.0312.679.6114.460.000.00
Total Assets6,024.995,882.965,855.775,905.705,641.295,610.916,282.8847.7029.76
Short Term Debt Incl. Current Port. of LT Debt0.000.000.000.000.000.000.000.000.00
Accounts Payable15.7316.4214.9628.3028.5513.369.790.760.00
Income Tax Payable------0.0015.6813.86
Other Current Liabilities95.7584.1981.4673.7885.4680.65232.290.410.29
Total Current Liabilities111.48100.6196.42102.08114.0194.00242.0816.8414.15
Long Term Debt3,222.533,116.963,213.223,361.283,122.913,091.632,892.250.000.00
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities703.87534.82384.03245.60111.01----
Other Liabilities15.0715.4010.384.436.667.005.130.000.00
Total Liabilities4,052.953,767.793,704.033,713.383,354.603,192.633,139.4616.8414.15
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity1,972.042,115.172,151.732,192.322,286.702,418.293,143.4130.8615.61
Total Shareholders Equity1,972.042,115.172,151.732,192.322,286.702,418.293,143.4130.8615.61
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity1,972.042,115.172,151.732,192.322,286.702,418.293,143.4130.8615.61
Total Liabilities & Stockholders Equity6,024.995,882.965,855.775,905.705,641.295,610.916,282.8847.7029.76
Book Value Per Share4.164.414.494.584.795.076.490.170.08
Tangible Book Value Per Share1.892.021.951.891.952.082.210.170.08
Full-Time Employees632616604586519522547--
Price to Book Ratio4.233.412.792.332.021.521.1767.46422.99
Return on Assets6.946.836.325.655.89-2.06-11.22158.450.20
Return on Equity20.2218.7917.1214.5714.10-4.41-22.37264.140.38
Return on Invested Capital7.957.666.935.876.13-2.22-5.88198.8714.90
Quick Ratio3.411.170.950.870.741.000.450.170.42
Current Ratio3.411.170.950.870.741.000.450.170.42

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income676.37413.16400.89371.79326.24331.62-122.53-355.1166.61
Depreciation228.26204.98210.86206.91202.66179.92179.46152.540.00
Other Funds (Non Cash)164.99164.6989.7769.6948.1576.66696.20903.4215.31
Funds from Operations1,302.02932.22849.26783.04694.54705.32752.96598.9180.61
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital46.660.24-5.26-3.985.064.430.4223.472.69
Income Taxes Payable9.700.94---0.000.00-15.681.82
Cash from Operating Activities1,348.67932.46843.99779.06699.60709.75753.38622.3983.30
Capital Expenditures-184.19-162.25-242.34-184.00-515.65-232.82-196.72-391.990.00
Net Assets From Acquisitions0.000.000.000.000.000.000.000.000.00
Sale of Fixed Assets and Businesses377.430.000.000.000.000.000.000.000.00
Purchase or Sale of Investments-1,103.93-6.65-2.39-0.2617.00-2.07-25.27-133.540.00
Purchase of Investments-1,103.93-6.65-2.39-0.260.00-2.07-25.27-753.070.00
Sale Or Maturity of Investments0.000.000.000.0017.000.000.00619.530.00
Other Uses-5.10-0.30-0.00-0.03-0.900.000.00-1.050.00
Other Sources-0.850.002.001.095.731.652.760.900.00
Cash from Investing Activities-916.63-169.21-242.73-183.21-493.83-233.24-219.23-525.670.00
Cash Dividends Paid-435.28-439.56-438.18-435.40-433.38-471.72-590.19-496.20-86.47
Change in Capital Stock-101.86-134.98-28.690.000.000.00-24.71-125.520.00
Repurchase of Common Pref Stock-101.86-134.98-28.690.000.000.00-24.71-125.520.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net138.21101.82-119.45-151.90234.50-0.38197.72525.610.00
Change in Long Term Debt138.21101.82-119.45-151.90234.50-0.38197.72525.610.00
Issuance of Long Term Debt3,380.573,004.822,152.211,037.70234.50733.40543.72641.110.00
Reduction of Long Term Debt-3,242.36-2,903.00-2,271.66-1,189.600.00-733.77-346.00-115.500.00
Net Financing Active Other Cash Flow-33.10-27.60-15.00-8.49-6.90-5.05-117.56-2.190.00
Other Financing Activities Uses-33.10-27.60-15.00-8.49-6.90-5.05-117.56-2.190.00
Cash from Financing Activities-432.04-500.32-601.33-595.79-205.78-477.15-534.75-98.30-86.47
Net Change in Cash0.00262.94-0.070.070.00-0.64-0.59-1.59-3.17
Free Cash Flow1,164.49770.21601.65595.06183.95476.93556.66230.4083.30
Preferred Dividends (Cash Flow)--0.55-0.55-0.55-0.55-0.55-0.55-0.370.00
Price to Free Cash Flow13.1925.9444.7937.85-892.02---
Deferred Taxes & Investment Tax Credit-149.39147.73134.66117.49117.12-0.17-101.93-1.30

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments0.000.000.00262.940.000.00
Short Term Receivables124.38138.58152.14109.66111.27112.40
Inventories0.000.000.000.000.000.00
Other Current Assets2.622.362.807.272.112.08
Total Current Assets126.99140.95154.94379.86113.37114.48
Net Property, Plant & Equipment4,003.513,985.913,977.813,454.573,907.853,892.55
Total Investments and Advances567.51574.22580.97585.78592.24598.34
Intangible Assets1,629.381,652.221,682.301,074.091,091.761,109.42
Deferred Tax Assets---140.88--
Other Assets13.6910.529.84389.8111.8712.21
Total Assets6,341.086,363.816,405.866,024.995,717.095,727.00
Short Term Debt Incl. Current Port. of LT Debt15.1512.7913.180.000.000.00
Accounts Payable14.3718.7024.8615.7321.7219.13
Other Current Liabilities120.79135.86119.2195.7568.3092.04
Total Current Liabilities150.31167.35157.25111.4890.02111.17
Long Term Debt3,189.233,596.763,699.353,222.533,008.693,023.80
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities770.48641.60600.63703.87538.08490.10
Other Liabilities16.2112.7312.1815.0715.0414.54
Total Liabilities4,126.224,418.444,469.414,052.953,651.843,639.61
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity2,214.861,945.371,936.451,972.042,065.252,087.39
Total Shareholders Equity2,214.861,945.371,936.451,972.042,065.252,087.39
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity2,214.861,945.371,936.451,972.042,065.252,087.39
Total Liabilities & Stockholders Equity6,341.086,363.816,405.866,024.995,717.095,727.00
Book Value Per Share4.684.104.084.164.334.36
Tangible Book Value Per Share1.240.620.541.892.042.04
Full-Time Employees---632--
Price to Book Ratio4.235.585.484.114.464.35
Return on Assets11.226.616.766.948.227.93
Return on Equity31.6119.8220.4120.2222.5221.65
Return on Invested Capital7.272.052.101.002.292.44
Quick Ratio0.840.840.993.411.261.03
Current Ratio0.840.840.993.411.261.03

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income392.66113.52118.2751.93115.98124.51
Depreciation60.8460.1855.8451.4052.1351.03
Other Funds (Non Cash)24.7619.6715.14105.4221.4918.06
Funds from Operations607.13234.33226.89233.67237.59235.68
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-6.8319.9211.7321.83-24.7529.50
Income Taxes Payable9.350.000.000.35-0.40-0.79
Cash from Operating Activities600.30254.25238.62255.50212.84265.18
Capital Expenditures-44.72-52.74-37.91-48.82-46.17-36.73
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses-1.20378.630.000.00-0.010.00
Purchase or Sale of Investments0.0017.56-1,121.490.00-1.57-3.33
Purchase of Investments0.0017.56-1,121.490.00-1.57-3.33
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses-4.790.000.00-0.300.000.00
Other Sources-0.17-378.46378.63-0.850.850.00
Cash from Investing Activities-50.88-35.01-780.77-49.97-46.91-40.06
Cash Dividends Paid-106.95-109.78-111.23-107.32-107.82-111.66
Preferred Dividends (Cash Flow)-0.14-0.14-0.14-0.14-0.14-0.14
Change in Capital Stock-27.20-8.34-18.01-48.31-41.33-16.77
Repurchase of Common Pref Stock-27.20-8.34-18.01-48.31-41.33-16.77
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-415.46-100.97441.08213.55-16.73-88.10
Change in Long Term Debt-415.46-100.97441.08213.55-16.73-88.10
Issuance of Long Term Debt998.80333.831,075.58972.351,464.97263.20
Reduction of Long Term Debt-1,414.26-434.80-634.50-758.80-1,481.70-351.30
Net Financing Active Other Cash Flow-0.04-0.02-32.54-0.51-0.05-8.59
Other Financing Activities Uses-0.04-0.02-32.54-0.51-0.05-8.59
Cash from Financing Activities-549.42-219.24279.2157.40-165.93-225.12
Net Change in Cash0.000.00-262.94262.940.000.00
Free Cash Flow555.58201.51200.72206.69166.66228.45
Price to Free Cash Flow13.1931.9829.9025.8237.9043.74

Revenue breakdown

United States2024: 1.11B 2025: 1.19B
Gathering And Processing.2024: 888.98M 2025: 950.20M
Water Handling.2024: 217.22M 2025: 238.23M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-304.55%14.9M327.6M2.59M
2026-10-154.14%13.6M329.2M2.41M
2026-09-303.73%12.3M329.2M2.34M
2026-09-153.67%12.1M329.2M2.37M
2026-08-313.37%11.1M329.2M2.32M
2026-08-143.19%10.5M329.2M2.30M
2026-07-313.01%9.9M329.3M2.33M
2026-07-153.01%9.9M329.5M2.47M
2026-06-303.18%10.5M329.5M2.54M
2026-06-153.43%11.3M329.4M2.51M
2026-05-293.53%11.6M328.9M2.60M
2026-05-153.19%10.5M328.9M2.75M
2026-04-303.50%11.5M328.4M2.95M
2026-04-153.33%10.9M327.0M2.90M
2026-03-313.20%10.5M328.4M2.97M
2026-03-132.99%9.8M328.4M2.90M
2026-02-273.28%10.8M328.4M2.87M
2026-02-133.53%11.6M328.3M2.72M
2026-01-303.63%12.0M330.6M2.58M
2026-01-153.03%10.0M330.6M2.49M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call13.006.407.008.101.9600.000.000.933-0.0390.004
call14.005.406.006.951.6800.000.000.923-0.0370.005
call15.004.405.000.001.4160.000.000.910-0.0350.005
call16.003.404.000.001.1620.000.000.893-0.0330.006
call17.002.553.000.000.9160.000.000.868-0.0300.007
call18.001.652.050.000.7170.000.000.827-0.0270.008
call19.000.801.050.980.4592.002.000.734-0.0220.011
call20.000.200.350.250.3481104.000.435-0.0230.013
call21.000.000.150.090.4212628.000.217-0.0220.010
call22.000.000.050.050.4453790.000.079-0.0110.005
call23.000.000.050.040.5829694.000.063-0.0120.004
call24.000.000.250.030.70728.000.000.054-0.0130.004
call25.000.000.250.030.8222.000.000.047-0.0130.003
call26.000.000.100.000.9290.000.000.043-0.0140.003
call27.000.000.250.281.0301.000.000.039-0.0140.003
call28.000.000.250.001.1250.000.000.037-0.0150.003
call29.000.000.250.001.2150.000.000.034-0.0150.002
put13.000.000.250.001.8910.000.00-0.066-0.0400.004
put14.000.000.250.001.6210.000.00-0.076-0.0380.005
put15.000.000.250.001.3650.000.00-0.089-0.0360.005
put16.000.000.250.001.1200.000.00-0.106-0.0340.006
put17.000.000.250.010.87946.000.00-0.131-0.0310.007
put18.000.000.200.070.64070.000.00-0.173-0.0270.008
put19.000.050.200.120.3904508.00-0.265-0.0220.011
put20.000.400.600.490.3691365.00-0.564-0.0230.013
put21.001.151.501.240.55080.000.00-0.782-0.0220.010
put22.002.002.600.820.85768.000.00-0.920-0.0110.005
put23.003.003.502.800.9350.000.00-0.936-0.0120.004
put24.004.004.500.001.0970.000.00-0.945-0.0130.004
put25.005.005.500.001.2450.000.00-0.951-0.0130.003
put26.006.006.500.001.3830.000.00-0.956-0.0140.003
put27.007.007.500.001.5110.000.00-0.959-0.0140.003
put28.007.908.500.001.6320.000.00-0.962-0.0140.003
put29.009.009.500.001.7460.000.00-0.964-0.0150.002

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-10-288-KCurrent report2026-10-28SEC
2026-10-2810-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-10SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-10SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-10SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-10SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-10SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-10SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-10SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-10SEC
2026-08-06144Filing for proposed sale of securities under Rule 144.SEC
2026-08-064Statement of changes in beneficial ownership of securities2026-08-06SEC
2026-08-054Statement of changes in beneficial ownership of securities2026-08-04SEC
2026-07-298-KCurrent report2026-07-29SEC
2026-07-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-278-KCurrent report2026-07-24SEC
2026-07-144Statement of changes in beneficial ownership of securities2026-07-10SEC
2026-07-144Statement of changes in beneficial ownership of securities2026-07-10SEC
2026-07-144Statement of changes in beneficial ownership of securities2026-07-10SEC
2026-07-144Statement of changes in beneficial ownership of securities2026-07-10SEC
2026-07-144Statement of changes in beneficial ownership of securities2026-07-10SEC
2026-07-144Statement of changes in beneficial ownership of securities2026-07-10SEC
2026-07-144Statement of changes in beneficial ownership of securities2026-07-10SEC
2026-07-144Statement of changes in beneficial ownership of securities2026-07-10SEC
2026-06-048-KCurrent report2026-06-03SEC
2026-05-128-KCurrent report2026-05-12SEC
2026-05-04144Filing for proposed sale of securities under Rule 144.SEC
2026-05-04144Filing for proposed sale of securities under Rule 144.SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-05-04SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-05-04SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-0800458.51K2
2026-070000
2026-060000
2026-05003.71M2
2026-040000
2026-03001.00M3
2026-020000
2026-010000
2025-120087.95K1
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.8.04%
Invesco Ltd.4.37%
VANGUARD PORTFOLIO MANAGEMENT LLC3.83%
VANGUARD CAPITAL MANAGEMENT LLC3.15%
STATE STREET CORP2.43%
TORTOISE CAPITAL ADVISORS, L.L.C.2.14%
GEODE CAPITAL MANAGEMENT, LLC2.12%
DIMENSIONAL FUND ADVISORS LP1.94%
Neuberger Berman Group LLC1.57%
MORGAN STANLEY1.41%

Funds

Fund% owned
Bond Fund8.75%
Invesco SteelPath MLP Income Fund2.44%
iShares Core S&P Mid-Cap ETF2.40%
VANGUARD TOTAL STOCK MARKET INDEX FUND2.22%
Tortoise Energy Infrastructure Total Return Fund1.74%
VANGUARD SMALL-CAP INDEX FUND1.61%
VANGUARD SMALL-CAP VALUE INDEX FUND1.02%
Balanced Fund0.96%
Invesco SteelPath MLP Select 40 Fund0.83%
VANGUARD EXTENDED MARKET INDEX FUND0.80%

OakChart. AM. Cached 15 minutes.