Antero Midstream Corporation is in the energy sector and trades as part of the oil and gas midstream industry. The company CEO is Paul M. Rady. Antero Midstream GP LP owns, operates and develops midstream energy infrastructure primarily to service Antero Resources’ production and completion activity in the Appalachian Basin’s Marcellus Shale and Utica Shale located in West Virginia and Ohio.



Previous Intraday Performance:

The AM shares had a previous change of 6.13% which opened at 12.30 and closed at 12.99. It moved to an intraday high of 12.99 and a low of 12.28.

SeekingAlpha:  A Revaluation Of Standalone Antero Resources

Historical Performance:

Over the last five trading days, AM shares returned 7.62% and in the past 30 trading days it returned -3.55%. Over three months, it changed -45.60%. In one year it has changed -48.58% and within that year its 52-week high was 34.53 and its 52-week low was 11.03. AM stock is 17.77% above its 52 Week Low.

Our calculations result in a 200 day moving average of 23.85 and a 50 day moving average of 14.73. Right now, AM stock is trading -45.53% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Sector Shrinks, Prices Grow

Liquidity:

The company has a market cap of $6.6b with 506.8m shares outstanding and a float of 476.9m shares. Trading volume was 4,785,586 shares and has experienced an average volume of 3,346,651 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.

Earnings:

The last annual reported EPS for Antero Midstream Corporation was 0.33 which ended on 31st of December 2018, which according to the previous close, that is a PE of 39.36. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.22. The trailing twelve month EPS is 0.33, which comes to a trailing twelve month PE of 39.36.

The dividend per share is currently 1.21, which is a dividend yield of 9.31%. AM stock may not have sufficient earnings to cover future dividends and still be able to invest in and grow the business, therefore in the future the dividend may be reduced.

The next earnings report will be: 05-15-2019

EPS growth is an important number as it indicates the future prospects of Antero Midstream Corporation; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 169.00% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 49.00% of institutional ownership. Short-interest was 17,262,280, which was 3.41% of shares outstanding. The short-interest ratio or days-to-cover ratio was 5.14. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 1.45

SeekingAlpha:  Sector Shrinks, Prices Grow

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 2.89%, return on assets is 1.75%, profit margin is 37.35%, price-to-sales is 36.42 and price-to-book is 1.63.

Company Score Card:

Results are out of six:
 5  : Growth Expectations Result
 1  : Financial Safety Result
 3  : Past Performance Result
 1  : Valuation Result
 2  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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