---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-022436"
form_type: "8-K"
ticker: "AM"
cik: "0001623925"
company_name: "Antero Midstream Corp"
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T11:27:18.239997+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Antero Midstream Q4 adj. EBITDA $231M (+9% YoY); 2023 EBITDA guidance $930-970M

## Summary
- Q4 net income $83M ($0.17/diluted); adjusted net income $96M ($0.20 per share).
- FY 2022 adj. EBITDA $884M at high-end of guidance; CapEx $265M below $275-300M range.
- Q4 CapEx $63M (-22% YoY); acquired bolt-on compression assets in Utica Shale for $10M.
- 2023 guidance: adj. EBITDA $930-970M (midpoint +7%); CapEx $195-215M (-23% midpoint).
- 2023 free cash flow after dividends $90-120M; leverage target below 3.5x by year-end 2023.

## SEC filing metadata
- accession: 0001104659-23-022436
- form_type: 8-K
- ticker: AM
- cik: 0001623925
- company_name: Antero Midstream Corp
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1623925/000110465923022436/0001104659-23-022436-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1623925/000110465923022436/tm236888d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-022436
- JSON: https://secwatch.observer/filing/0001104659-23-022436.json
- Plain text: https://secwatch.observer/filing/0001104659-23-022436.txt

## Key facts
- Earnings Releases
  Antero Midstream Corp reported financial results for quarter ended December 31, 2022.
  - Period: quarter ended December 31, 2022
  - Result: reported results
  source text: announcing its financial and operational results for the quarter and year ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1623925/000110465923022436/0001104659-23-022436-index.htm
- Earnings Releases
  Antero Midstream Corp reported financial results for year ended December 31, 2022.
  - Period: year ended December 31, 2022
  - Result: reported results
  source text: announcing its financial and operational results for the quarter and year ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1623925/000110465923022436/0001104659-23-022436-index.htm
- Earnings Releases
  Antero Midstream Corp reported results: net income Net Income of $340 to $380 million, representing GAAP earnings of $0.73 to $0.81 per share, EPS GAAP earnings of $0.73 to $0.81 per share. Guidance initiated.
  - Net income: Net Income of $340 to $380 million, representing GAAP earnings of $0.73 to $0.81 per share
  - EPS: GAAP earnings of $0.73 to $0.81 per share
  - Guidance: initiated
  - Result: guidance update
  source text: Net Income of $340 to $380 million, representing GAAP earnings of $0.73 to $0.81 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1623925/000110465923022436/0001104659-23-022436-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.