NYSEEnergyOil & Gas Storage & TransportationS&P MidCap 400
$18.98
-0.19 (-0.99%)
Close of Nov 06, 2026 · end-of-day data
AM 8-K filings, explained
Every material Form 8-K Antero Midstream has filed with the SEC since April 24, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Antero Midstream reported third-quarter 2026 results with revenue of $327 million, up from $295 million a year earlier, and diluted EPS of $0.82 versus $0.24. The GAAP profit increase was driven mainly by a $377 million gain on litigation, while Adjusted Net Income rose 4% per share to $134 million. The company raised its 2026 Adjusted Free Cash Flow guidance by $370 million to reflect the litigation proceeds, and it repurchased 1.3 million shares for about $27 million during the quarter.
Net income was $393 million, or $0.82 per diluted share, versus $116 million, or $0.24, a year earlier; the $377 million litigation gain is a one-time item
Adjusted Net Income was $134 million, or $0.28 per diluted share, up 4% per share; Adjusted EBITDA was $291 million, up 3%
2026 Adjusted Free Cash Flow before dividends guidance is $1,125 million to $1,185 million, increased by $370 million
Gathering and compression volumes rose 19% and 17%, and the company repurchased 1.3 million shares for about $27 million in the quarter
Antero Midstream reported second quarter 2026 net income of $114 million, or $0.24 per diluted share, an 8% per-share decline from the prior year, while revenue rose to $327 million from $305 million and Adjusted EBITDA increased 2% to $289 million. The company also received about $371 million from Veolia in July and called $650 million of 2028 senior notes at par, which management says puts leverage below its 3-times target ahead of expectations.
Gathering and compression volumes rose 19% and 17%, respectively, versus the prior year quarter.
Net income was $114 million ($0.24 per diluted share); Adjusted Net Income was $131 million ($0.27 per diluted share), a 7% per-share decrease.
Adjusted Free Cash Flow after dividends was $80 million; capital expenditures were $47 million.
About $310 million remained under the share repurchase program as of June 30, 2026, after $8 million of repurchases in the quarter.
Antero Midstream reported first quarter 2026 results, with revenue of $314 million, up from $291 million a year earlier, and Adjusted EBITDA of $288 million, up 5%. GAAP net income was $118 million, or $0.25 per diluted share, in line with the prior year, while Adjusted Net Income per diluted share rose 4% to $0.29. The company closed its HG Energy acquisition and sold its Ohio Utica Shale assets during the quarter, and its CFO said the company expects high-single digit EBITDA growth going forward.
Gathering volumes rose 14% year over year; fresh water delivery volumes fell 21%.
Adjusted Free Cash Flow after dividends was $85 million, up 8% from the prior year quarter.
Repurchased 1.0 million shares for $18 million; about $318 million of repurchase capacity remained as of March 31, 2026.
Interest expense rose 12% to $54 million, driven by financing for the HG Energy acquisition.
Antero Midstream reported fourth-quarter 2025 results and 2026 guidance. GAAP net income fell to $52 million, or $0.11 per diluted share, from a year earlier, mainly because of an $86.6 million non-cash write-down of Utica Shale assets held for sale, while adjusted net income rose 8% per share to $0.28 and adjusted EBITDA rose 4% to $285 million. The company forecasts 2026 net income of $485 million to $535 million and adjusted EBITDA of $1.19 billion to $1.24 billion.
Q4 2025 net income was $52 million, or $0.11 per diluted share, versus $111 million, or $0.23, a year earlier
Q4 2025 adjusted net income was $133 million, or $0.28 per diluted share, an 8% per-share increase (non-GAAP)
Q4 2025 revenue was $297 million, up from $287 million; adjusted EBITDA was $285 million (non-GAAP)
2026 guidance: net income of $485 million to $535 million; adjusted EBITDA of $1.19 billion to $1.24 billion; HG Midstream acquisition closed in early February 2026
Antero Midstream Corp disclosed in a Form 8-K that it has completed a transaction under a Membership Interest Purchase Agreement with HG Energy II entities, Antero Resources Corporation and Antero Midstream Partners LP. The filing says a First Amendment dated December 22, 2025 amended and restated certain annexes to that agreement. The filing does not state the purchase price, the closing date, or whether Antero Midstream is the buyer or seller, so the financial effect on shareholders cannot be determined from this document.
Membership Interest Purchase Agreement dated December 5, 2025, among HG Energy II LLC and related entities, Antero Resources Corporation and Antero Midstream Partners LP
First Amendment dated December 22, 2025 amends and restates certain annexes to the purchase agreement
Item 2.01 completion is referenced, but the filing text does not give consideration, closing date or deal size
Antero Midstream Partners agreed on December 5, 2025 to buy HG Energy II Midstream Holdings for $1.1 billion in cash, and the company agreed to sell its Ohio Utica Shale assets for $400 million. The company plans to fund the acquisition mainly with revolver borrowings, Utica sale proceeds and/or debt markets, and it says the deals will add to free cash flow after dividends and help it reach its 3.0x leverage target after closing.
Acquisition of HG Midstream for $1.1 billion cash; expected to close in the second quarter of 2026, subject to regulatory approvals
Ohio Utica Shale divestiture for $400 million cash; expected to close in the first quarter of 2026
Royal Bank of Canada and Wells Fargo committed a $700 million unsecured 364-day bridge facility
Antero Resources separately agreed to buy HG Production for $2.8 billion; the Purchase Agreement's outside date is March 4, 2026
Antero Midstream reported third quarter 2025 results, with net income of $116 million, or $0.24 per diluted share, compared with $99.7 million, or $0.21 per share, a year earlier. Revenue was $295 million, and Adjusted EBITDA rose 10% to $281 million, which the company described as continued growth with declining capital spending.
Net income was $116 million, or $0.24 per diluted share, versus $0.21 in the prior year quarter.
Adjusted EBITDA was $281 million, a 10% increase from the prior year quarter (non-GAAP).
Free Cash Flow after dividends was $78 million, a 94% increase from the prior year quarter (non-GAAP).
The company repurchased 2.3 million shares for $41 million in the quarter and had about $385 million of remaining capacity under its $500 million program as of September 30, 2025.
Antero Midstream's subsidiaries completed a $650 million private placement of 5.75% Senior Notes due 2033, upsized from $500 million, and will use the proceeds with revolver borrowings to redeem in full its 5.75% notes due 2027. The filing also sets new pay and severance terms for the new CEO, CFO, and other executives, and names David H. Keyte chairman.
Issued $650 million of 5.75% Senior Notes due 2033 on September 22, 2025, upsized from $500 million
Proceeds plus revolver borrowings will redeem all $650 million of 5.75% notes due 2027 at 100% of principal, plus accrued interest
Michael N. Kennedy's base salary set at $1,125,000 with 130% target bonus; Justin J. Agnew's at $395,000 with 70%
Adopted an Executive Severance Plan on September 17, 2025, covering Kennedy, Agnew, Krueger, Paul M. Rady and Yvette K. Schultz
Antero Midstream and Antero Resources said co-founder Paul Rady is moving from CEO, president and board chairman to Chairman Emeritus, with Michael Kennedy, the former CFO, succeeding him as CEO and president of both companies effective August 14, 2025. The filing also separates the chairman and CEO roles at Antero Midstream, names Justin Agnew as Antero Midstream CFO, and amends the bylaws to reflect the new structure, with no financial results disclosed.
Michael N. Kennedy becomes CEO and President of Antero Midstream and Antero Resources, effective August 14, 2025, and joins each board.
David H. Keyte becomes Chairman of the Board of Antero Midstream, separating the chairman and CEO roles.
Justin J. Agnew becomes CFO of Antero Midstream; Brendan E. Krueger becomes CFO of Antero Resources.
Paul Rady will serve as Chairman Emeritus until December 31, 2028 and receive an annual salary of $50,000.
Antero Midstream reported second quarter 2025 net income of $125 million, or $0.26 per diluted share, up 44% per share from a year earlier, and Adjusted EBITDA of $284 million, up 11%. The company raised its 2025 guidance for net income and Adjusted EBITDA by $10 million at the midpoint and for Free Cash Flow after dividends by $25 million, to a range of $275 million to $325 million.
Q2 2025 net income was $125 million, or $0.26 per diluted share, versus $0.18 a year earlier
Adjusted EBITDA was $284 million, up 11% year over year; Free Cash Flow after dividends was $82 million, up 89%
2025 guidance: net income midpoint raised $10 million; Free Cash Flow after dividends now $275 million to $325 million
Leverage fell to 2.8x as of June 30, 2025; about $83 million of shares bought back year to date through July 30, 2025
Antero Midstream reported first quarter 2025 results on April 30, 2025, with net income of $121 million, or $0.25 per diluted share, up from $0.21 a year earlier. Revenue was $291 million compared with $279 million a year earlier, and Adjusted EBITDA rose 3% to $274 million. Higher earnings and free cash flow after dividends of $79 million, which rose 7%, support the company's stated share repurchases and debt reduction.
Net income was $121 million, or $0.25 per diluted share, versus $0.21 in the prior-year quarter, a 19% per share increase
Revenue was $291 million, versus $279 million in the prior-year quarter
Adjusted EBITDA was $274 million, up 3%; free cash flow after dividends was $79 million, up 7%
The company repurchased 1.7 million shares for $29 million and had about $443 million remaining under its $500 million buyback program as of March 31, 2025
Antero Midstream reported fourth quarter 2024 net income of $111 million, or $0.23 per diluted share, a 10% per share increase from the prior year quarter. The company also issued 2025 guidance calling for net income of $445 million to $485 million and adjusted EBITDA of $1.08 billion to $1.12 billion, a 5% increase at the midpoint.
Q4 2024 net income was $111 million ($0.23 per diluted share), up 10% per share; adjusted EBITDA was $274 million, up 8%.
Full-year 2024 net income was $401 million ($0.83 per diluted share); full-year adjusted EBITDA was $1.05 billion, up 6%.
2025 guidance: net income of $445 million to $485 million and adjusted EBITDA of $1.08 billion to $1.12 billion.
In Q4 2024 the company repurchased 1.9 million shares for $29 million, leaving about $471 million under its $500 million authorization as of December 31, 2024.
Antero Midstream reported third quarter 2024 net income of $100 million, or $0.21 per diluted share, up 5% per share from a year earlier, and revenue of $270 million. The company also cut its 2024 net income guidance by $25 million at the midpoint, to $400 million to $420 million, mainly because of higher interest expense from higher rates and the 2024 refinancing.
Net income was $100 million, or $0.21 per diluted share, up 5% per share from $0.20 a year earlier
Adjusted EBITDA was $256 million, up 2% from the prior year quarter; revenue was $270 million
2024 net income guidance lowered by $25 million at midpoint to $400 million-$420 million
2024 interest expense guidance raised by $10 million at midpoint to $200 million-$210 million
Antero Midstream reported second quarter 2024 results for the period ended June 30, 2024. Revenue rose to $270 million from $258 million a year earlier, and adjusted net income per diluted share rose 5% to $0.23, while GAAP net income of $86 million ($0.18 per diluted share) was in line with the prior year quarter.
Revenue was $270 million for the quarter, up from $258 million in the prior year quarter.
Net income was $86 million, or $0.18 per diluted share, in line with the prior year quarter.
Adjusted net income was $110 million, or $0.23 per diluted share, a 5% per share increase (non-GAAP).
Free cash flow after dividends was $43 million, a 41% increase; leverage was 3.1x as of June 30, 2024.
At its June 5, 2024 annual meeting, Antero Midstream stockholders approved the Amended and Restated Long Term Incentive Plan, which adds 13,337,000 shares for issuance and extends the plan to June 5, 2034. Stockholders also re-elected three Class II directors and ratified KPMG LLP as the independent registered public accounting firm for 2024, and the advisory say-on-pay vote passed.
Plan approval: 386,214,851 votes for, 9,699,920 against, 895,917 abstentions, and 43,238,163 broker non-votes
Plan changes: 13,337,000 additional shares, term extended to June 5, 2034, and no normal-course grants of options or stock appreciation rights below fair market value
Director elections: Michael N. Kennedy, Brooks J. Klimley and John C. Mollenkopf were elected to serve until the 2027 annual meeting
Advisory say-on-pay: 305,267,478 votes for and 90,557,832 against, a lower level of support than the other proposals
Antero Midstream reported first quarter 2024 results for the period ended March 31, 2024, with net income of $104 million, or $0.21 per diluted share, a 17% per-share increase from the prior year quarter. Adjusted EBITDA rose 10% to $265 million, and free cash flow after dividends was $74 million, up 62%, while leverage fell to 3.1x from 3.3x at year-end 2023. The company said it continues to expect to reach its 3.0x leverage target in 2024.
Net income was a company record $104 million, or $0.21 per diluted share, versus $86.5 million and $0.18 a year earlier.
Revenue was $279 million, up from $259 million in the prior year quarter, and Adjusted EBITDA was $265 million, up 10%.
Free cash flow after dividends was $74 million, up 62%, and leverage declined to 3.1x as of March 31, 2024.
Management continues to expect to achieve its 3.0x leverage target in 2024; a conference call is set for April 25, 2024 at 10:00 am MT.
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