AM Stock Recent News

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DENVER , May 15, 2024 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero Resources," "Antero," or the "Company") today announced that it has received an investment grade credit rating of BBB- from S&P Global Ratings ("S&P").     On May 15 th, 2024, S&P upgraded Antero's corporate and issuer credit ratings to BBB- from BB+ with a stable outlook.

I believe the recent outperformance of growth stocks compared to value stocks offers opportunities to allocate money to value stocks. Antero Midstream is an undervalued high-yield gem with a strong position in the natural gas industry and a focus on shareholder value through dividends and buybacks. AM's robust fundamentals and strategic positioning in the Appalachian Basin make it an enticing opportunity for long-term investors.

Antero Midstream Corporation (NYSE:AM ) Q1 2024 Results Conference Call April 25, 2024 12:00 PM ET Company Participants Justin Agnew - Vice President of Finance and Investor Relations Paul Rady - Chairman, CEO and President of Antero Resources and Antero Midstream Brendan Krueger - CFO of Antero Midstream Michael Kennedy - CFO of Antero Resources and Director of Antero Midstream Conference Call Participants Naomi Marfatia - UBS John Mackay - Goldman Sachs Zack Van Everen - TPH & Company Ned Baramov - Wells Fargo Operator Greetings, and welcome to Antero Midstream First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Antero Midstream (AM) Q1 earnings are favored by increased compression and gathering volumes. Revenues also witness an increase from the year-ago quarter's level.

Antero Midstream (AM) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here is how Antero Midstream Corporation (AM) and DT Midstream (DTM) have performed compared to their sector so far this year.

Antero Midstream (AM) maintains a high ROIC, averaging 17% from 2020 to 2023, underscoring its effective use of capital in generating profits.

Antero Midstream management is considering a dividend increase in the future after the debt ratio goes below 3.0. That should be soon. The parent company runs the midstream very conservatively with one of the lowest debt ratios in the midstream business. Free cash flow has grown far more rapidly than the market anticipated.

Antero Midstream Corporation (AM) reported earnings 30 days ago. What's next for the stock?