Antero Midstream Q1 Net Income $87M, raises 2023 Adjusted EBITDA guidance by $20M

Antero Midstream Corp

2023-Q1 EPS reported $0.18 revenue$259,475,000

Net income $87M ($0.18/share), up 6% YoY; adjusted net income $100M ($0.21/share), up 11% YoY.
Adjusted EBITDA $242M, a 16% YoY increase on 8% gathering and 11% compression volume growth.
Capital expenditures $34M, down 64% YoY; Free Cash Flow after dividends $46M vs -$38M deficit prior year.
FY 2023 guidance raised: Net income $355-395M (+$15M), Adjusted EBITDA $950-990M (+$20M), FCF after dividends $125-155M (+$35M).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Antero Midstream Corp reported the quarter ended March 31, 2023 results: net income $87 million, EPS $0.18 per diluted share.

Period: the quarter ended March 31, 2023
Net income: $87 million
EPS: $0.18 per diluted share
Result: reported results

Exact text from the filing

Net Income was $87 million, or $0.18 per diluted share, a 6% per share increase compared to the prior year quarter

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Antero Midstream Corp updated its Full Year 2023 guidance (raised).

Period: Full Year 2023
Guidance: raised
Result: guidance update

Exact text from the filing

Increasing Net Income by $15 million to a range of $355 to $395 million

View on SEC.gov

Browse all earnings releases →

Antero Midstream Corp filing history →

Source: SEC EDGAR

accession 0001104659-23-050453

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.