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AM

ANTERO MIDSTREAM CORPORATION

At today's price, ANTERO MIDSTREAM CORPORATION (AM) is priced for +4.6% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+4.6% growth
Priced In
within-range

Key Takeaways

• Antero Midstream owns the pipes, compressors, and water systems that gather and move natural gas for Antero Resources, earning fee-based revenue that is largely tied to volumes and escalates each year with inflation rather than swinging with the gas price. • The defining feature is single-customer concentration: Antero Resources has accounted for substantially all of its revenue since inception, so the durability of the whole business rests on one producer's drilling and creditworthiness [Sour

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Institutional ownership

494 institutional managers reported holding AM in 13F filings for the quarter ended 2026-03-31. Together they hold about 58% of the company; the top 10 hold 33%. 72 opened new positions that quarter. Held by BlackRock, Vanguard Group, Invesco, among others. On the short side, 11.3M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (6 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

AM has cut its share count 0.7% over the past five years, spending $152.99M on repurchases. It pays a dividend, and has paid one every year in our records (9 and counting). Cash returned over the past three years: $1.21B in dividends and $152.99M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at AM over the trailing three years: 2023: 1 buy totaling $72k; 2024: 1 buy totaling $18k. 14 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

AM's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-07-27-0.8%+5.0%
2023-10-26+1.9%+1.8%
2024-02-15+6.2%+11.4%
2024-04-25+2.1%+4.0%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

AM's latest 8-K filings: 2026-06-04 (items 5.07, 9.01); 2026-05-12 (items 7.01); 2026-04-29 (items 2.02, 9.01); 2026-04-01 (items 7.01); 2026-02-23 (items 7.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.