earnings
confidence high
sentiment positive
materiality 0.75
Antero Midstream Q3 adj. EBITDA $281M (+10% YoY); FCF after dividends $78M (+94% YoY)
Antero Midstream Corp
2025-Q3 EPS
reported $0.75
vs consensus $0.26
▲ beat
(+184.7%)
- Net income $116M ($0.24 diluted EPS); adjusted net income $130M ($0.27 diluted EPS), up 17% per share YoY.
- Adjusted EBITDA $281M (+10% YoY); Free Cash Flow after dividends $78M (+94% YoY).
- Gathering volumes +5%, processing +6%, fresh water delivery +30% YoY; capex $51M (-9% YoY).
- Leverage declined to 2.7x; repurchased 2.3M shares for $41M in Q3.
- YTD debt reduction $105M; refinanced nearest-term debt to 2033 at attractive coupon; credit rating upgrade.