secwatch.observer — SEC 8-K summary
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Issuer:     Antero Midstream Corp (AM)
CIK:        0001623925
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001104659-25-012278
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Antero Midstream Q4 net income $111M ($0.23/share), adj. EBITDA $274M; 2025 guidance +5%
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- Net income $111M ($0.23 diluted) in Q4 2024, +10% per share YoY; full year net income $401M ($0.83).
- Adjusted EBITDA $274M in Q4 (+8% YoY); full year $1.05B (+6%). Free cash flow after dividends $93M (+91%).
- Share repurchases of 1.9M shares for $29M in Q4; leverage reduced to below 3.0x.
- 2025 guidance: net income $445-485M ($0.92-$1.00), adj. EBITDA $1.08-1.12B (+5% mid), FCF after dividends $250-300M.
- Capital expenditures $24M in Q4 (-47% YoY); 2025 capex guidance $170-200M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1623925/000110465925012278/0001104659-25-012278-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1623925/000110465925012278/tm256296d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-012278

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