Recent Updates — AM

Antero Midstream reported third quarter 2026 results with net income of $393 million, or $0.82 per diluted share, a 242% increase from the prior year period. The earnings included a $377 million gain on litigation proceeds. Adjusted EBITDA was $291 million, up 3%, while adjusted free cash flow after dividends reached $449 million. Gathering and compression volumes grew 19% and 17% respectively year-over-year. The company also announced an update to its full-year 2026 guidance, increasing the midpoint for adjusted free cash flow by $370 million due to the litigation proceeds. Antero Midstream operates midstream gathering, compression, processing, and water assets in the Appalachian Basin.

Antero Midstream Corporation reported second quarter 2026 results with net income of $114 million ($0.24 per diluted share), a 7% decrease from the prior year. Adjusted EBITDA rose 2% to $289 million, while gathering and compression volumes increased 19% and 17%, respectively. The company received $371 million in damages and interest from Veolia following a Colorado Supreme Court affirmation of its legal victory. These proceeds were used to call $650 million of senior notes due 2028 at par, reducing debt and leaving over $600 million in liquidity. Capital expenditures totaled $47 million, and the company commenced construction on the East Side Express pipeline. Antero Midstream operates midstream gathering, compression, processing, and water assets in the Appalachian Basin.

Antero Midstream Corporation announced on July 24, 2026, that it has called for the redemption of all $650 million of its outstanding 5.75% Senior Notes Due 2028. The redemption is scheduled for August 8, 2026. The redemption price will be 100.00% of the principal amount plus accrued and unpaid interest. Antero Midstream Corporation operates in the midstream energy sector, providing gathering, processing, and transportation services.