Antero Midstream Q1 Adjusted EBITDA rises 5% to $288 million; net income flat
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.
Key points
- 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.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.