Antero Midstream Q3 net income rises to $393 million on $377 million litigation gain
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.
Key points
- 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
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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