Seasonality
AM seasonality — Antero Midstream
Over the last 10 years, AM's strongest month on average has been April (+11.3%) and its weakest March (-3.9%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +1.32% | +5.06% | 78% | +20.0% | -33.6% | 9 |
| Feb | +1.18% | +0.90% | 56% | +19.4% | -13.5% | 9 |
| Mar | -3.86% | +2.38% | 67% | +8.3% | -51.8% | 9 |
| Apr | +11.28% | -4.12% | 33% | +126.2% | -11.4% | 9 |
| May | +4.38% | +5.74% | 78% | +13.5% | -5.1% | 9 |
| Jun | +1.32% | +0.76% | 60% | +13.6% | -16.7% | 10 |
| Jul | -1.44% | -2.87% | 40% | +11.2% | -20.4% | 10 |
| Aug | -1.97% | +0.63% | 60% | +19.4% | -22.0% | 10 |
| Sep | -1.02% | +0.69% | 60% | +9.3% | -20.7% | 10 |
| Oct | -0.78% | -1.20% | 50% | +16.0% | -13.0% | 10 |
| Nov | -0.37% | +4.41% | 56% | +17.6% | -28.9% | 9 |
| Dec | +5.44% | -1.22% | 33% | +65.7% | -24.5% | 9 |
Monthly returns heat map — AM
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.8 | 19.4 | 1.4 | -4.1 | -4.1 | 8.5 | -3.4 | 2.0 | -10.1 | 6.5 | -11.6 | +6.7% | |
| 2025 | 6.3 | 5.7 | 6.2 | -8.1 | 13.5 | 0.9 | -3.2 | -3.0 | 9.3 | -11.3 | 4.4 | -1.2 | +17.9% |
| 2024 | -2.3 | 9.5 | 4.9 | -1.6 | 5.8 | 0.6 | -2.6 | 3.5 | 1.2 | -4.5 | 11.1 | -5.5 | +20.4% |
| 2023 | 1.0 | -3.3 | -0.5 | 2.6 | -5.1 | 13.6 | 2.9 | 1.5 | -1.2 | 3.0 | 7.9 | -5.9 | +16.1% |
| 2022 | 2.8 | 0.9 | 8.3 | -5.5 | 5.7 | -16.7 | 11.2 | 0.1 | -8.8 | 16.0 | 6.4 | -4.8 | +11.5% |
| 2021 | 5.1 | 8.9 | 2.4 | -4.3 | 11.1 | 8.2 | -8.6 | 1.2 | 8.4 | 2.1 | -8.7 | -0.3 | +25.6% |
| 2020 | -33.6 | -13.5 | -51.8 | 126.2 | 0.6 | 6.7 | 11.2 | 19.4 | -20.7 | 6.7 | 17.6 | 14.4 | +1.6% |
| 2019 | 20.0 | -4.8 | 7.9 | -11.4 | 0.1 | -6.2 | -20.4 | -22.0 | 4.1 | -13.0 | -28.9 | 65.7 | -32.1% |
| 2018 | 6.8 | -12.2 | -13.6 | 7.7 | 11.8 | -2.0 | 1.9 | -12.1 | 0.2 | -4.8 | -8.1 | -24.5 | -43.3% |
| 2017 | -0.5 | -3.4 | -10.2 | 7.4 | -8.6 | -5.1 | 11.1 |