secwatch.observer — SEC 8-K summary
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Issuer:     Antero Midstream Corp (AM)
CIK:        0001623925
Form:       8-K
Filed at:   2026-02-11T23:59:59+00:00
Accession:  0001104659-26-013423
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 $0.28 (+8% YoY); 2026 EBITDA guided $1.19-1.24B
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- Q4 2025 GAAP net income $52M ($0.11/diluted), down 52% per share YoY.
- Q4 adjusted net income $133M ($0.28/diluted), up 8% per share YoY; adjusted EBITDA $285M (+4%).
- 2026 guidance: net income $485-535M (+23% vs 2025 midpoint), adjusted EBITDA $1.19-1.24B (+8%).
- 2026 capex $190-220M; adjusted free cash flow after dividends $330-390M (div $0.90/yr).
- Closed HG Midstream acquisition in early Feb; leverage 2.7x; repurchased 2.7M shares for $48M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1623925/000110465926013423/0001104659-26-013423-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1623925/000110465926013423/tm265896d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-013423

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