(AM) Antero Midstream Partners - Ratings and Ratios
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US03676B1026
Gathering, Processing, Water, Pipelines, Storage
Dividends
| Dividend Yield | 5.00% |
| Yield on Cost 5y | 19.78% |
| Yield CAGR 5y | -7.55% |
| Payout Consistency | 89.2% |
| Payout Ratio | 84.1% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 20.6% |
| Value at Risk 5%th | 33.6% |
| Relative Tail Risk | -0.99% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.67 |
| Alpha | 10.12 |
| CAGR/Max DD | 1.77 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.553 |
| Beta | 0.592 |
| Beta Downside | 0.888 |
| Drawdowns 3y | |
|---|---|
| Max DD | 13.98% |
| Mean DD | 3.55% |
| Median DD | 2.99% |
Description: AM Antero Midstream Partners November 04, 2025
Antero Midstream Partners LP (NYSE: AM) owns and operates midstream infrastructure in the Appalachian Basin, split between a Gathering & Processing segment that moves and treats natural gas and NGLs from Antero Resources’ wells in West Virginia and Ohio, and a Water Handling segment that sources, transports, stores, and blends flowback and produced water from the Ohio River and regional reservoirs. The company, founded in 2002 and headquartered in Denver, Colorado, is classified under the Oil & Gas Storage & Transportation sub-industry.
Key operating metrics (2023) include approximately 1.2 billion cubic feet per day (Bcf/d) of gathering capacity and 190 MMcf/d of processing throughput, delivering an adjusted EBITDA of roughly $210 million. Water handling volumes reached about 1.1 billion gallons per month, reflecting the growing importance of efficient water management in shale development. The segment’s performance is tightly linked to regional natural gas price spreads, the pace of Appalachian shale drilling activity, and evolving environmental regulations on produced-water disposal.
For a deeper, data-driven view of AM’s valuation dynamics and scenario analysis, you may find ValueRay’s analytical platform worth exploring.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (472.4m TTM) > 0 and > 6% of Revenue (6% = 75.0m TTM) |
| FCFTA 0.18 (>2.0%) and ΔFCFTA 7.30pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 1.87% (prev 0.73%; Δ 1.14pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.16 (>3.0%) and CFO 909.7m > Net Income 472.4m (YES >=105%, WARN >=100%) |
| Net Debt (3.01b) to EBITDA (1.04b) ratio: 2.89 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.26 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (481.8m) change vs 12m ago -0.77% (target <= -2.0% for YES) |
| Gross Margin 64.96% (prev 62.97%; Δ 1.99pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 21.74% (prev 19.90%; Δ 1.84pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 4.33 (EBITDA TTM 1.04b / Interest Expense TTM 193.3m) >= 6 (WARN >= 3) |
Altman Z'' 1.08
| (A) 0.00 = (Total Current Assets 113.4m - Total Current Liabilities 90.0m) / Total Assets 5.72b |
| (B) 0.02 = Retained Earnings (Balance) 88.3m / Total Assets 5.72b |
| (C) 0.15 = EBIT TTM 836.1m / Avg Total Assets 5.75b |
| (D) 0.03 = Book Value of Equity 93.0m / Total Liabilities 3.65b |
| Total Rating: 1.08 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 83.61
| 1. Piotroski 6.50pt |
| 2. FCF Yield 9.14% |
| 3. FCF Margin 83.47% |
| 4. Debt/Equity 1.46 |
| 5. Debt/Ebitda 2.89 |
| 6. ROIC - WACC (= 5.30)% |
| 7. RoE 22.61% |
| 8. Rev. Trend 96.72% |
| 9. EPS Trend 87.29% |
What is the price of AM shares?
As of December 01, 2025, the stock is trading at USD 18.01 with a total of 1,295,722 shares traded.
Over the past week, the price has changed by +2.56%, over one month by +4.41%, over three months by +3.14% and over the past year by +23.93%.
Over the past week, the price has changed by +2.56%, over one month by +4.41%, over three months by +3.14% and over the past year by +23.93%.
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.
- Strong Buy: 0
- Buy: 0
- Hold: 6
- Sell: 1
- Strong Sell: 1
What are the forecasts/targets for the AM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 18.6 | 3.5% |
| Analysts Target Price | 18.6 | 3.5% |
| ValueRay Target Price | 23 | 27.8% |
AM Fundamental Data Overview November 26, 2025
Market Cap USD = 8.40b (8.40b USD * 1.0 USD.USD)
P/E Trailing = 17.9184
P/E Forward = 11.7647
P/S = 6.723
P/B = 4.0819
P/EG = 1.17
Beta = 0.798
Revenue TTM = 1.25b USD
EBIT TTM = 836.1m USD
EBITDA TTM = 1.04b USD
Long Term Debt = 3.01b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 3.01b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.01b USD (from netDebt column, last quarter)
Enterprise Value = 11.41b USD (8.40b + Debt 3.01b - (null CCE))
Interest Coverage Ratio = 4.33 (Ebit TTM 836.1m / Interest Expense TTM 193.3m)
FCF Yield = 9.14% (FCF TTM 1.04b / Enterprise Value 11.41b)
FCF Margin = 83.47% (FCF TTM 1.04b / Revenue TTM 1.25b)
Net Margin = 37.81% (Net Income TTM 472.4m / Revenue TTM 1.25b)
Gross Margin = 64.96% ((Revenue TTM 1.25b - Cost of Revenue TTM 437.8m) / Revenue TTM)
Gross Margin QoQ = 64.79% (prev 64.68%)
Tobins Q-Ratio = 2.00 (Enterprise Value 11.41b / Total Assets 5.72b)
Interest Expense / Debt = 1.57% (Interest Expense 47.2m / Debt 3.01b)
Taxrate = 28.26% (45.7m / 161.7m)
NOPAT = 599.8m (EBIT 836.1m * (1 - 28.26%))
Current Ratio = 1.26 (Total Current Assets 113.4m / Total Current Liabilities 90.0m)
Debt / Equity = 1.46 (Debt 3.01b / totalStockholderEquity, last quarter 2.07b)
Debt / EBITDA = 2.89 (Net Debt 3.01b / EBITDA 1.04b)
Debt / FCF = 2.88 (Net Debt 3.01b / FCF TTM 1.04b)
Total Stockholder Equity = 2.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.26% (Net Income 472.4m / Total Assets 5.72b)
RoE = 22.61% (Net Income TTM 472.4m / Total Stockholder Equity 2.09b)
RoCE = 16.40% (EBIT 836.1m / Capital Employed (Equity 2.09b + L.T.Debt 3.01b))
RoIC = 11.64% (NOPAT 599.8m / Invested Capital 5.15b)
WACC = 6.33% (E(8.40b)/V(11.41b) * Re(8.20%) + D(3.01b)/V(11.41b) * Rd(1.57%) * (1-Tc(0.28)))
Discount Rate = 8.20% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.20%
[DCF Debug] Terminal Value 80.94% ; FCFE base≈878.7m ; Y1≈1.08b ; Y5≈1.85b
Fair Price DCF = 64.08 (DCF Value 30.52b / Shares Outstanding 476.3m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 87.29 | EPS CAGR: 14.97% | SUE: -1.99 | # QB: 0
Revenue Correlation: 96.72 | Revenue CAGR: 8.00% | SUE: 0.94 | # QB: 4
EPS next Quarter (2026-03-31): EPS=0.28 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS current Year (2025-12-31): EPS=1.01 | Chg30d=-0.252 | Revisions Net=+1 | Growth EPS=+8.1% | Growth Revenue=+7.0%
EPS next Year (2026-12-31): EPS=1.23 | Chg30d=-0.127 | Revisions Net=-1 | Growth EPS=+21.8% | Growth Revenue=+3.9%
P/E Trailing = 17.9184
P/E Forward = 11.7647
P/S = 6.723
P/B = 4.0819
P/EG = 1.17
Beta = 0.798
Revenue TTM = 1.25b USD
EBIT TTM = 836.1m USD
EBITDA TTM = 1.04b USD
Long Term Debt = 3.01b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 3.01b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.01b USD (from netDebt column, last quarter)
Enterprise Value = 11.41b USD (8.40b + Debt 3.01b - (null CCE))
Interest Coverage Ratio = 4.33 (Ebit TTM 836.1m / Interest Expense TTM 193.3m)
FCF Yield = 9.14% (FCF TTM 1.04b / Enterprise Value 11.41b)
FCF Margin = 83.47% (FCF TTM 1.04b / Revenue TTM 1.25b)
Net Margin = 37.81% (Net Income TTM 472.4m / Revenue TTM 1.25b)
Gross Margin = 64.96% ((Revenue TTM 1.25b - Cost of Revenue TTM 437.8m) / Revenue TTM)
Gross Margin QoQ = 64.79% (prev 64.68%)
Tobins Q-Ratio = 2.00 (Enterprise Value 11.41b / Total Assets 5.72b)
Interest Expense / Debt = 1.57% (Interest Expense 47.2m / Debt 3.01b)
Taxrate = 28.26% (45.7m / 161.7m)
NOPAT = 599.8m (EBIT 836.1m * (1 - 28.26%))
Current Ratio = 1.26 (Total Current Assets 113.4m / Total Current Liabilities 90.0m)
Debt / Equity = 1.46 (Debt 3.01b / totalStockholderEquity, last quarter 2.07b)
Debt / EBITDA = 2.89 (Net Debt 3.01b / EBITDA 1.04b)
Debt / FCF = 2.88 (Net Debt 3.01b / FCF TTM 1.04b)
Total Stockholder Equity = 2.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.26% (Net Income 472.4m / Total Assets 5.72b)
RoE = 22.61% (Net Income TTM 472.4m / Total Stockholder Equity 2.09b)
RoCE = 16.40% (EBIT 836.1m / Capital Employed (Equity 2.09b + L.T.Debt 3.01b))
RoIC = 11.64% (NOPAT 599.8m / Invested Capital 5.15b)
WACC = 6.33% (E(8.40b)/V(11.41b) * Re(8.20%) + D(3.01b)/V(11.41b) * Rd(1.57%) * (1-Tc(0.28)))
Discount Rate = 8.20% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.20%
[DCF Debug] Terminal Value 80.94% ; FCFE base≈878.7m ; Y1≈1.08b ; Y5≈1.85b
Fair Price DCF = 64.08 (DCF Value 30.52b / Shares Outstanding 476.3m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 87.29 | EPS CAGR: 14.97% | SUE: -1.99 | # QB: 0
Revenue Correlation: 96.72 | Revenue CAGR: 8.00% | SUE: 0.94 | # QB: 4
EPS next Quarter (2026-03-31): EPS=0.28 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS current Year (2025-12-31): EPS=1.01 | Chg30d=-0.252 | Revisions Net=+1 | Growth EPS=+8.1% | Growth Revenue=+7.0%
EPS next Year (2026-12-31): EPS=1.23 | Chg30d=-0.127 | Revisions Net=-1 | Growth EPS=+21.8% | Growth Revenue=+3.9%
Additional Sources for AM Stock
News:
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Benzinga |
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Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle