earnings
confidence high
sentiment neutral
materiality 0.75
Antero Midstream Q2 2026: Net income $114M, volumes up 19%, receives $371M from Veolia, calls $650M notes
Antero Midstream Corp
2026-Q2 EPS
reported $0.48
vs consensus $0.29
▲ beat
(+63.5%)
- Net income $114M ($0.24 diluted EPS), down 8% YoY; adjusted net income $131M ($0.27), down 7% YoY.
- Gathering volumes up 19% YoY to 4.1 Bcf/d; compression volumes up 17% YoY; adjusted EBITDA $289M (+2% YoY).
- Received $371M in damages from Veolia in July; called $650M of 2028 senior notes at par, reducing debt below 3x leverage.
- Commenced construction on first intrastate regional pipeline 'East Side Express' for future dry gas growth in West Virginia.
- Adjusted free cash flow after dividends $80M; capex $47M; liquidity over $600M with no near-term maturities.