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 in 2025
Every material Form 8-K Antero Midstream filed with the SEC in 2025, 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 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.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Antero Midstream filing is on SEC EDGAR ↗. 8-K briefs of other companies →