(AM) Antero Midstream Partners - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US03676B1026
Stock: Gathering, Processing, Water-Handling
Total Rating 43
Risk 72
Buy Signal -0.93
| Risk 5d forecast | |
|---|---|
| Volatility | 19.8% |
| Relative Tail Risk | -0.59% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.30 |
| Alpha | 27.57 |
| Character TTM | |
|---|---|
| Beta | 0.506 |
| Beta Downside | 0.800 |
| Drawdowns 3y | |
|---|---|
| Max DD | 13.98% |
| CAGR/Max DD | 2.31 |
EPS (Earnings per Share)
Revenue
Description: AM Antero Midstream Partners January 07, 2026
Antero Midstream Partners LP (NYSE: AM) owns and operates midstream infrastructure in the Appalachian Basin, split between a Gathering & Processing segment-comprising pipelines, compressors, and fractionation plants that handle natural gas and NGLs from Antero Resources’ wells in West Virginia and Ohio-and a Water Handling segment that sources water from the Ohio River and regional reservoirs to transport, store, and blend flowback and produced water. Founded in 2002 and headquartered in Denver, Colorado, the company is classified under the Oil & Gas Storage & Transportation sub-industry.
Key operating metrics as of the latest 2023 filing include roughly 1,200 miles of gathering pipelines, an adjusted EBITDA of $210 million, and water handling capacity exceeding 1.5 billion gallons per month. The business is highly sensitive to natural-gas price spreads (the “crack” between gas and NGLs) and to regulatory trends governing produced-water disposal, both of which have been tightening as U.S. shale output remains robust while environmental standards evolve.
For a deeper quantitative view, the ValueRay platform provides a consolidated dashboard of AM’s financial and operational performance.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income: 413.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.18 > 0.02 and ΔFCF/TA 6.98 > 1.0 |
| NWC/Revenue: 22.58% < 20% (prev 1.48%; Δ 21.10% < -1%) |
| CFO/TA 0.15 > 3% & CFO 909.7m > Net Income 413.2m |
| Net Debt (3.04b) to EBITDA (644.7m): 4.72 < 3 |
| Current Ratio: 3.41 > 1.5 & < 3 |
| Outstanding Shares: last quarter (482.2m) vs 12m ago -0.81% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 20.20% > 50% (prev 20.00%; Δ 0.19% > 0%) |
| Interest Coverage Ratio: -3.39 > 6 (EBITDA TTM 644.7m / Interest Expense TTM -190.4m) |
Altman Z'' 1.05
| A: 0.05 (Total Current Assets 379.9m - Total Current Liabilities 111.5m) / Total Assets 5.88b |
| B: 0.00 (Retained Earnings 14.8m / Total Assets 5.88b) |
| C: 0.11 (EBIT TTM 644.7m / Avg Total Assets 5.88b) |
| D: 0.00 (Book Value of Equity 19.5m / Total Liabilities 3.91b) |
| Altman-Z'' Score: 1.05 = BB |
Beneish M -3.45
| DSRI: 0.92 (Receivables 106.8m/115.2m, Revenue 1.19b/1.18b) |
| GMI: 0.64 (GM 100.0% / 63.58%) |
| AQI: 1.09 (AQ_t 0.35 / AQ_t-1 0.32) |
| SGI: 1.01 (Revenue 1.19b / 1.18b) |
| TATA: -0.08 (NI 413.2m - CFO 909.7m) / TA 5.88b) |
| Beneish M-Score: -3.45 (Cap -4..+1) = AA |
What is the price of AM shares?
As of February 13, 2026, the stock is trading at USD 20.91 with a total of 4,649,095 shares traded.
Over the past week, the price has changed by +10.63%, over one month by +20.59%, over three months by +18.17% and over the past year by +38.85%.
Over the past week, the price has changed by +10.63%, over one month by +20.59%, over three months by +18.17% and over the past year by +38.85%.
Is AM a buy, sell or hold?
Antero Midstream Partners has received a consensus analysts rating of 2.63.
Therefor, it is recommend to hold AM.
- StrongBuy: 0
- Buy: 0
- Hold: 6
- Sell: 1
- StrongSell: 1
What are the forecasts/targets for the AM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 19 | -9.1% |
| Analysts Target Price | 19 | -9.1% |
| ValueRay Target Price | 28 | 34.1% |
AM Fundamental Data Overview February 12, 2026
P/E Trailing = 20.3061
P/E Forward = 13.1234
P/S = 7.6189
P/B = 4.5523
P/EG = 1.17
Revenue TTM = 1.19b USD
EBIT TTM = 644.7m USD
EBITDA TTM = 644.7m USD
Long Term Debt = 3.01b USD (from longTermDebt, two quarters ago)
Short Term Debt = unknown (none)
Debt = 3.22b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 3.04b USD (from netDebt column, last fiscal year)
Enterprise Value = 12.56b USD (9.52b + Debt 3.22b - CCE 180.4m)
Interest Coverage Ratio = -3.39 (Ebit TTM 644.7m / Interest Expense TTM -190.4m)
EV/FCF = 12.04x (Enterprise Value 12.56b / FCF TTM 1.04b)
FCF Yield = 8.30% (FCF TTM 1.04b / Enterprise Value 12.56b)
FCF Margin = 87.76% (FCF TTM 1.04b / Revenue TTM 1.19b)
Net Margin = 34.77% (Net Income TTM 413.2m / Revenue TTM 1.19b)
Gross Margin = unknown ((Revenue TTM 1.19b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 2.13 (Enterprise Value 12.56b / Total Assets 5.88b)
Interest Expense / Debt = -10.36% (Interest Expense -334.0m / Debt 3.22b)
Taxrate = 21.0% (US default 21%)
NOPAT = 509.3m (EBIT 644.7m * (1 - 21.00%))
Current Ratio = 3.41 (Total Current Assets 379.9m / Total Current Liabilities 111.5m)
Debt / Equity = 1.63 (Debt 3.22b / totalStockholderEquity, last fiscal year 1.97b)
Debt / EBITDA = 4.72 (Net Debt 3.04b / EBITDA 644.7m)
Debt / FCF = 2.92 (Net Debt 3.04b / FCF TTM 1.04b)
Total Stockholder Equity = 2.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.02% (Net Income 413.2m / Total Assets 5.88b)
RoE = 19.78% (Net Income TTM 413.2m / Total Stockholder Equity 2.09b)
RoCE = 12.65% (EBIT 644.7m / Capital Employed (Equity 2.09b + L.T.Debt 3.01b))
RoIC = 9.93% (NOPAT 509.3m / Invested Capital 5.13b)
WACC = 5.81% (E(9.52b)/V(12.74b) * Re(7.78%) + (debt cost/tax rate unavailable))
Discount Rate = 7.78% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -0.16%
[DCF Debug] Terminal Value 88.43% ; FCFF base≈878.7m ; Y1≈1.08b ; Y5≈1.85b
Fair Price DCF = 106.5 (EV 53.76b - Net Debt 3.04b = Equity 50.72b / Shares 476.3m; r=5.90% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 9.28 | EPS CAGR: -46.91% | SUE: -4.0 | # QB: 0
Revenue Correlation: 65.74 | Revenue CAGR: 0.87% | SUE: -0.38 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.25 | Chg30d=-0.030 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=1.24 | Chg30d=-0.008 | Revisions Net=-1 | Growth EPS=+10.5% | Growth Revenue=+7.6%
P/E Forward = 13.1234
P/S = 7.6189
P/B = 4.5523
P/EG = 1.17
Revenue TTM = 1.19b USD
EBIT TTM = 644.7m USD
EBITDA TTM = 644.7m USD
Long Term Debt = 3.01b USD (from longTermDebt, two quarters ago)
Short Term Debt = unknown (none)
Debt = 3.22b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 3.04b USD (from netDebt column, last fiscal year)
Enterprise Value = 12.56b USD (9.52b + Debt 3.22b - CCE 180.4m)
Interest Coverage Ratio = -3.39 (Ebit TTM 644.7m / Interest Expense TTM -190.4m)
EV/FCF = 12.04x (Enterprise Value 12.56b / FCF TTM 1.04b)
FCF Yield = 8.30% (FCF TTM 1.04b / Enterprise Value 12.56b)
FCF Margin = 87.76% (FCF TTM 1.04b / Revenue TTM 1.19b)
Net Margin = 34.77% (Net Income TTM 413.2m / Revenue TTM 1.19b)
Gross Margin = unknown ((Revenue TTM 1.19b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 2.13 (Enterprise Value 12.56b / Total Assets 5.88b)
Interest Expense / Debt = -10.36% (Interest Expense -334.0m / Debt 3.22b)
Taxrate = 21.0% (US default 21%)
NOPAT = 509.3m (EBIT 644.7m * (1 - 21.00%))
Current Ratio = 3.41 (Total Current Assets 379.9m / Total Current Liabilities 111.5m)
Debt / Equity = 1.63 (Debt 3.22b / totalStockholderEquity, last fiscal year 1.97b)
Debt / EBITDA = 4.72 (Net Debt 3.04b / EBITDA 644.7m)
Debt / FCF = 2.92 (Net Debt 3.04b / FCF TTM 1.04b)
Total Stockholder Equity = 2.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.02% (Net Income 413.2m / Total Assets 5.88b)
RoE = 19.78% (Net Income TTM 413.2m / Total Stockholder Equity 2.09b)
RoCE = 12.65% (EBIT 644.7m / Capital Employed (Equity 2.09b + L.T.Debt 3.01b))
RoIC = 9.93% (NOPAT 509.3m / Invested Capital 5.13b)
WACC = 5.81% (E(9.52b)/V(12.74b) * Re(7.78%) + (debt cost/tax rate unavailable))
Discount Rate = 7.78% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -0.16%
[DCF Debug] Terminal Value 88.43% ; FCFF base≈878.7m ; Y1≈1.08b ; Y5≈1.85b
Fair Price DCF = 106.5 (EV 53.76b - Net Debt 3.04b = Equity 50.72b / Shares 476.3m; r=5.90% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 9.28 | EPS CAGR: -46.91% | SUE: -4.0 | # QB: 0
Revenue Correlation: 65.74 | Revenue CAGR: 0.87% | SUE: -0.38 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.25 | Chg30d=-0.030 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=1.24 | Chg30d=-0.008 | Revisions Net=-1 | Growth EPS=+10.5% | Growth Revenue=+7.6%