# Antero Midstream share price today (Antero Midstream Corporation, AM) > Antero Midstream Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. AM · Energy · Oil & Gas Midstream · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/am Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting worse, from the last 12 quarters - Price: $20.94 (+21.4% in a year) - P/E: 14.8×, over 4.6 years - Revenue (Jun 2026): $350 M (+8.3% on a year ago) - Profit (Jun 2026): $113 M (−8.8% on a year ago) - Operating margin: 52.0% (−5.7 points on a year ago) - ROE: 21%, FY25 - ROIC: 9.9%, against a 7.2% cost of capital: +2.7 points Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. ## What is the Antero Midstream share price today? Antero Midstream Corporation's share price was $20.94 at the close on 3 November 2026. It has been moving sideways for 7 weeks. That is 3.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between $17 and $23, and at that close it sat 62% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 1 week in a row. Over the last 9.5 years the share price moved −6% while the S&P 500 moved +215%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Antero Midstream pay? Antero Midstream Corporation paid $0.90 per share over the last four reported quarters. The most recent declaration was $0.23 for Jun 2026. At today's price of $20.94 that is a yield of 4.30%, based on dividends already paid, not a forecast. ## Which stock lists is Antero Midstream on? Antero Midstream is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Antero Midstream profitable? Antero Midstream Corporation earned $113 M of net profit in the Jun 2026 quarter, −8.8% on the same quarter a year earlier. Full-year FY25 profit was $413 M. Over 4 years profit has grown 5.7% a year on average. That is 32.4% of the quarter's revenue. The same quarter a year earlier earned $124 M. For the full year, FY25 profit was $413 M (+3.1% on the year before). Why profit moved: revenue changed +8.3% on a year earlier and the margin moved −5.7 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −12.0% and revenue +7.2%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Antero Midstream make, and is it growing? Antero Midstream Corporation reported $350 M of revenue in the Jun 2026 quarter, +8.3% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 6.8% a year on average. The last full year, FY25, came in at $1.3 B. The last four reported quarters add to $1.3 B. FY25 revenue was $1.3 B, +7.0% on the year before. Recent pace: the last four quarters grew +7.2% on average, against 6.8% a year over the longer run, so this year is growing at about the same pace as its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +7.2%, against +7.1% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −12.4%, against +1.5% a year (rolling over). ## How much of every $100 of sales does Antero Midstream keep? Antero Midstream Corporation's operating margin was 52.0% in the Jun 2026 quarter, 5.7 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 54.6% and 58.2%. The latest quarter is below every full year in that period. Across 5 years it has been between 54.6% and 58.2%, and FY25's 58.2% is the highest of them. Why the margin moved: operating margin changed −5.7 percentage points on the year while gross margin changed −4.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Antero Midstream's profit turning into cash? Over the last 3 years, 216% of Antero Midstream Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $932 M of operating cash against $413 M of profit. After $162 M of spending on assets, $770 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Antero Midstream's cash go? Antero Midstream Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $589 M on assets over the last 3 years. Averaged over those years that is 15.6% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $589 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Antero Midstream's P/E ratio, and how does it compare with its own history? Antero Midstream Corporation's P/E is 14.8×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +3.6% while the price moved +21.4%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +17.5% a year; about +4.7% a year came from earnings growth and about +12.8 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Antero Midstream business getting better or worse? Antero Midstream Corporation's business is getting worse. Profit and EPS growth are shrinking: profit growth is −12.4% in the latest quarter, against +21.1% at its best in 12 quarters, with ROCE steady at 12.5%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Antero Midstream earn on its capital? Antero Midstream Corporation earned a ROE of 21% in FY25. That is up from a low of 15% in FY21. Its return on capital used (ROIC) is 2.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 32.8% net margin and 0.21× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 32.8% net margin × 0.21× asset turnover × 2.98× leverage (assets divided by equity) ≈ 20.5% on equity. The margin does most of the work; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 9.9% − 7.2% = +2.7 percentage points. The 7.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. ## Does Antero Midstream have too much debt? Antero Midstream Corporation has total debt of $3.6 B against shareholder equity of $1.9 B as of Jun 2026, so its debt is 1.86× its equity. Year by year, that ratio went from 1.37 in FY21 to 1.63 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Antero Midstream shareholding pattern? 4.2% of Antero Midstream Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 5.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Antero Midstream from balance-sheet trouble? For Antero Midstream Corporation, the Z-score is 2.10. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.10 is in the grey area, neither clearly safe nor clearly in trouble. ## How does Antero Midstream rank in its industry? 38.8 out of 100, rank 27 of 30 in Oil & Gas Midstream, with 81% of the evidence available. Antero Midstream Corporation scores 38.8 out of 100 against the 30 companies it is compared with in Oil & Gas Midstream, ranking 27. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 8.6 + 15.6 + 11.3 + 3.3 = 38.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Antero Midstream compared with? Antero Midstream ranks 27 of 30 Oil & Gas Midstream companies on the 4-Factor Sector Score, with 38.8 out of 100. 1. [Frontline plc](https://www.sectoralpha.in/us/stocks/fro) FRO · leader · Sector-leading setup · 81% evidence 86.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.0/35 · Revenue 48.9% · Profit 100% · Operating margin change 38.3 points · 83% evidence Capital efficiency 20.9/25 · ROCE 25.5% · Operating margin 65.8% · 76% evidence Valuation 15.5/20 · P/E 5.2× · PEG 0.19 · 65% evidence Relative strength 19.6/20 · Lead over its industry 29.6% · Lead over S&P 500 37.3% · 1 year 121.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 30 + 20.9 + 15.5 + 19.6 = 86 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [DHT Holdings, Inc.](https://www.sectoralpha.in/us/stocks/dht) DHT · leader · Sector-leading setup · 81% evidence 81.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.2/35 · Revenue 43.3% · Profit 100% · Operating margin change 29.9 points · 83% evidence Capital efficiency 19.9/25 · ROCE 28.2% · Operating margin 71.3% · 76% evidence Valuation 14.4/20 · P/E 5.6× · PEG 0.55 · 65% evidence Relative strength 19.1/20 · Lead over its industry 20.9% · Lead over S&P 500 28.5% · 1 year 79.3% · 100% evidence · 12 of 12 weeks ahead Exact sum: 28.2 + 19.9 + 14.4 + 19.1 = 81.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [TORM plc](https://www.sectoralpha.in/us/stocks/trmd) TRMD · breaking out · Sector-leading setup · 81% evidence 80.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.3/35 · Revenue 33.3% · Profit 89.4% · Operating margin change 31.6 points · 83% evidence Capital efficiency 18.0/25 · ROCE 19.9% · Operating margin 53.6% · 76% evidence Valuation 15.3/20 · P/E 4.2× · PEG 0.38 · 65% evidence Relative strength 19.7/20 · Lead over its industry 24.2% · Lead over S&P 500 32.1% · 1 year 76.7% · 100% evidence · 11 of 12 weeks ahead Exact sum: 27.3 + 18 + 15.3 + 19.7 = 80.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 4. [International Seaways, Inc.](https://www.sectoralpha.in/us/stocks/insw) INSW · leader · Most evidence points up · 81% evidence 77.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.8/35 · Revenue 57.8% · Profit 100% · Operating margin change 34.3 points · 83% evidence Capital efficiency 18.8/25 · ROCE 24.2% · Operating margin 64.2% · 76% evidence Valuation 16.3/20 · P/E 4.9× · PEG 0.09 · 65% evidence Relative strength 13.7/20 · Lead over its industry 18.8% · Lead over S&P 500 26% · 1 year 96.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 28.8 + 18.8 + 16.3 + 13.7 = 77.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [Scorpio Tankers Inc.](https://www.sectoralpha.in/us/stocks/stng) STNG · breaking out · Most evidence points up · 81% evidence 75.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.9/35 · Revenue 32.8% · Profit 100% · Operating margin change 25.4 points · 83% evidence Capital efficiency 14.9/25 · ROCE 13.2% · Operating margin 59.7% · 76% evidence Valuation 16.4/20 · P/E 3.9× · PEG 0.11 · 65% evidence Relative strength 17.3/20 · Lead over its industry 6.7% · Lead over S&P 500 13.7% · 1 year 36.5% · 100% evidence · 6 of 12 weeks ahead Exact sum: 26.9 + 14.9 + 16.4 + 17.3 = 75.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Venture Global, Inc.](https://www.sectoralpha.in/us/stocks/vg) VG · turning · Evidence leans up · 81% evidence 64.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.8/35 · Revenue 100% · Profit 100% · Operating margin change 14.3 points · 83% evidence Capital efficiency 11.8/25 · ROCE 11.1% · Operating margin 47.8% · 76% evidence Valuation 15.5/20 · P/E 8.3× · PEG 0.14 · 65% evidence Relative strength 10.7/20 · Lead over its industry 0.4% · Lead over S&P 500 6% · 1 year 62.7% · 100% evidence · 7 of 12 weeks ahead Exact sum: 26.8 + 11.8 + 15.5 + 10.7 = 64.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Targa Resources Corp.](https://www.sectoralpha.in/us/stocks/trgp) TRGP · breaking out · Evidence leans up · 81% evidence 61.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.8/35 · Revenue -2% · Profit 47.9% · Operating margin change 3.5 points · 83% evidence Capital efficiency 15.3/25 · ROCE 15.3% · Operating margin 27.8% · 76% evidence Valuation 12.9/20 · P/E 25.5× · PEG 0.51 · 65% evidence Relative strength 16.8/20 · Lead over its industry 9.2% · Lead over S&P 500 16.2% · 1 year 73.5% · 100% evidence · 7 of 12 weeks ahead Exact sum: 16.8 + 15.3 + 12.9 + 16.8 = 61.8 · What this means: Relative strength against the index is 16.2%, and revenue and profit growth are weak. 8. [Cmb.Tech NV](https://www.sectoralpha.in/us/stocks/cmbt) CMBT · leader · Evidence leans up · 71% evidence 61.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.8/35 · Revenue 100% · Profit 100% · Operating margin change 27.7 points · 83% evidence Capital efficiency 10.4/25 · ROCE 9.1% · Operating margin 43.2% · 76% evidence Valuation 11.2/20 · P/E 4.9× · PEG n/a · 15% evidence Relative strength 12.4/20 · Lead over its industry 8.2% · Lead over S&P 500 15.2% · 1 year 83.1% · 100% evidence · 11 of 12 weeks ahead Exact sum: 27.8 + 10.4 + 11.2 + 12.4 = 61.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Cheniere Energy Partners, L.P.](https://www.sectoralpha.in/us/stocks/cqp) CQP · quiet · Evidence leans up · 81% evidence 60.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.0/35 · Revenue 15.4% · Profit 33.7% · Operating margin change 22.8 points · 83% evidence Capital efficiency 18.1/25 · ROCE 23.5% · Operating margin 51.9% · 76% evidence Valuation 14.6/20 · P/E 11.1× · PEG 0.33 · 65% evidence Relative strength 4.6/20 · Lead over its industry -8.9% · Lead over S&P 500 -2.4% · 1 year 23.8% · 100% evidence · 3 of 12 weeks ahead Exact sum: 23 + 18.1 + 14.6 + 4.6 = 60.3 · What this means: Earnings are strong; relative strength in its sector is -8.9% and the one-year return is 23.8%. 10. [Plains All American Pipeline, L.P.](https://www.sectoralpha.in/us/stocks/paa) PAA · breaking out · Evidence leans up · 81% evidence 59.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.5/35 · Revenue 12.2% · Profit 100% · Operating margin change 0.1 points · 83% evidence Capital efficiency 7.8/25 · ROCE 6.9% · Operating margin 2.8% · 76% evidence Valuation 14.0/20 · P/E 6.2× · PEG 0.62 · 65% evidence Relative strength 16.7/20 · Lead over its industry 5.3% · Lead over S&P 500 12.5% · 1 year 55.4% · 100% evidence · 8 of 12 weeks ahead Exact sum: 20.5 + 7.8 + 14 + 16.7 = 59 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Cheniere Energy, Inc.](https://www.sectoralpha.in/us/stocks/lng) LNG · leader · Evidence leans up · 81% evidence 57.7 out of 100 Growth Capital Valuation Relative 12. [Plains GP Holdings, L.P.](https://www.sectoralpha.in/us/stocks/pagp) PAGP · leader · Evidence leans up · 81% evidence 57.1 out of 100 Growth Capital Valuation Relative 13. [Viper Energy, Inc.](https://www.sectoralpha.in/us/stocks/vnom) VNOM · turning · Evidence leans up · 81% evidence 52.3 out of 100 Growth Capital Valuation Relative 14. [Kinetik Holdings Inc.](https://www.sectoralpha.in/us/stocks/kntk) KNTK · breaking out · Evidence leans up · 81% evidence 52.3 out of 100 Growth Capital Valuation Relative 15. [Kinder Morgan, Inc.](https://www.sectoralpha.in/us/stocks/kmi) KMI · turning · Evidence leans down · 85% evidence 49.5 out of 100 Growth Capital Valuation Relative 16. [Excelerate Energy, Inc.](https://www.sectoralpha.in/us/stocks/ee) EE · turning · Evidence leans down · 75% evidence 48.9 out of 100 Growth Capital Valuation Relative 17. [ONEOK, Inc.](https://www.sectoralpha.in/us/stocks/oke) OKE · turning · Evidence leans down · 81% evidence 48.7 out of 100 Growth Capital Valuation Relative 18. [South Bow Corporation](https://www.sectoralpha.in/us/stocks/sobo) SOBO · turning · Evidence leans down · 81% evidence 48.5 out of 100 Growth Capital Valuation Relative 19. [The Williams Companies, Inc.](https://www.sectoralpha.in/us/stocks/wmb) WMB · turning · Evidence leans down · 81% evidence 48.4 out of 100 Growth Capital Valuation Relative 20. [Hess Midstream LP](https://www.sectoralpha.in/us/stocks/hesm) HESM · basing · Evidence leans down · 81% evidence 47.2 out of 100 Growth Capital Valuation Relative 21. [Energy Transfer LP](https://www.sectoralpha.in/us/stocks/et) ET · turning · Evidence leans down · 81% evidence 45.7 out of 100 Growth Capital Valuation Relative 22. [Pembina Pipeline Corporation](https://www.sectoralpha.in/us/stocks/pba) PBA · turning · Evidence leans down · 81% evidence 45.2 out of 100 Growth Capital Valuation Relative 23. [Golar LNG Limited](https://www.sectoralpha.in/us/stocks/glng) GLNG · quiet · Evidence leans down · 81% evidence 41.8 out of 100 Growth Capital Valuation Relative 24. [Western Midstream Partners, LP](https://www.sectoralpha.in/us/stocks/wes) WES · quiet · Evidence leans down · 81% evidence 41.7 out of 100 Growth Capital Valuation Relative 25. [Enterprise Products Partners L.P.](https://www.sectoralpha.in/us/stocks/epd) EPD · turning · Evidence leans down · 81% evidence 39.6 out of 100 Growth Capital Valuation Relative 26. [MPLX LP](https://www.sectoralpha.in/us/stocks/mplx) MPLX · turning · Evidence leans down · 81% evidence 39.1 out of 100 Growth Capital Valuation Relative 27. Antero Midstream Corporation this page AM · turning · Evidence leans down · 81% evidence 38.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.6/35 · Revenue 7.1% · Profit -12.5% · Operating margin change -5.7 points · 83% evidence Capital efficiency 15.6/25 · ROCE 11.9% · Operating margin 52% · 76% evidence Valuation 11.3/20 · P/E 27.1× · PEG 0.88 · 65% evidence Relative strength 3.3/20 · Lead over its industry -11% · Lead over S&P 500 -4.7% · 1 year 18.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 8.6 + 15.6 + 11.3 + 3.3 = 38.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 28. [TC Energy Corporation](https://www.sectoralpha.in/us/stocks/trp) TRP · turning · Evidence leans down · 81% evidence 38.6 out of 100 Growth Capital Valuation Relative 29. [DT Midstream, Inc.](https://www.sectoralpha.in/us/stocks/dtm) DTM · quiet · Evidence leans down · 81% evidence 38.2 out of 100 Growth Capital Valuation Relative 30. [Enbridge Inc.](https://www.sectoralpha.in/us/stocks/enb) ENB · basing · Most evidence points down · 81% evidence 24.7 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Oil & Gas Midstream](https://www.sectoralpha.in/us/sectors/oil-gas-midstream), all 30 compared on one page. ## Which companies are close to Antero Midstream in size? Antero Midstream is the 19th largest of 47 Oil & Gas Midstream companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Viper Energy, Inc., DT Midstream, Inc. and Frontline plc. Just below it: Kinetik Holdings Inc., South Bow Corporation and Hess Midstream LP. ### Oil & Gas Midstream companies close in size 1. [Viper Energy, Inc.](https://www.sectoralpha.in/us/stocks/vnom) $16 billion 2. [DT Midstream, Inc.](https://www.sectoralpha.in/us/stocks/dtm) $12.5 billion 3. [Frontline plc](https://www.sectoralpha.in/us/stocks/fro) $11.7 billion 4. Antero Midstream Corporation $9.9 billion 5. [Kinetik Holdings Inc.](https://www.sectoralpha.in/us/stocks/kntk) $8.8 billion 6. [South Bow Corporation](https://www.sectoralpha.in/us/stocks/sobo) $7.3 billion 7. [Hess Midstream LP](https://www.sectoralpha.in/us/stocks/hesm) $6.7 billion [All 47 Oil & Gas Midstream companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-midstream#all-companies) ### Companies close in size in other industries 1. [Owens Corning](https://www.sectoralpha.in/us/stocks/oc) $9.9 billion · Building Products & Equipment 2. [Donaldson Company, Inc.](https://www.sectoralpha.in/us/stocks/dci) $9.9 billion · Specialty Industrial Machinery 3. Antero Midstream Corporation $9.9 billion 4. [Leonardo DRS, Inc.](https://www.sectoralpha.in/us/stocks/drs) $9.8 billion · Aerospace & Defense 5. [Life Time Group Holdings, Inc.](https://www.sectoralpha.in/us/stocks/lth) $9.8 billion · Leisure ## What else do people ask about Antero Midstream? ### What were Antero Midstream's latest quarterly results? Antero Midstream Corporation reported revenue of $350 M and net profit of $113 M for the Jun 2026 quarter. Revenue rose 8.3% and profit fell 8.8% compared with a year earlier. Earnings per share were $0.24. The operating margin was 52.0%, 5.7 percentage points lower than a year earlier (as of 3 November 2026). ### What is Antero Midstream's market cap? Antero Midstream Corporation's market capitalisation is $9.9 B at a stock price of $20.94. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Antero Midstream performing? Antero Midstream Corporation's share price has been moving sideways for 7 weeks. In its latest quarter, revenue rose 8.3% and profit fell 8.8% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 1 week running (as of 3 November 2026). ### Will Antero Midstream's stock price go up? This page does not forecast Antero Midstream Corporation's stock price. What it shows instead: the stock price is $20.94, and it has been moving sideways for 7 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Does Antero Midstream have too much debt? Yes, Antero Midstream Corporation has a lot of debt: its debt is 1.45× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Antero Midstream in its business cycle? Antero Midstream Corporation's FY25 operating margin was 58.2%, against a 5-year range of 54.6% to 58.2%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 52.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Antero Midstream story? Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Antero Midstream a stock worth studying right now? What the numbers show: Antero Midstream Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.