secwatch.observer — SEC 8-K summary
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Issuer:     Antero Midstream Corp (AM)
CIK:        0001623925
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001104659-24-024026
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Antero Midstream Q4 adj EPS $0.24 (+20% YoY); guides 2024 EBITDA up 5%; authorizes $500M buyback
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- Q4 net income $100M ($0.21 diluted EPS); adjusted net income $114M ($0.24 diluted EPS) up 20% YoY.
- Q4 adjusted EBITDA $254M (+10% YoY); free cash flow after dividends $48M vs $8M prior year.
- Full year 2023 adjusted EBITDA $989M at high end of guidance; capex $185M at low end.
- 2024 guidance: adj EBITDA $1,020–1,060M (+5% at midpoint); capex $150–170M; FCF after dividends $235–275M.
- Authorized $500M share repurchase program; leverage 3.3x at year-end, targeting 3.0x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1623925/000110465924024026/0001104659-24-024026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1623925/000110465924024026/tm246094d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-024026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer