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Antero Midstream Corporation
$21.27
+0.14%Antero Midstream Corporation owns, operates, and develops midstream energy infrastructure. It operates through Gathering and Processing, and Water Handling segments. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collects and processes production from Antero Resources' wells in West Virginia and Ohio. The Water Handling segment delivers fresh water; and offers pumping stations, water storage, and blending facilities. The company was incorporated in 2013 and is headquartered in Denver, Colorado.
At a Glance
Live SnapshotAntero Midstream Corporation Fair Value Envelope
Owner Earnings Valuation Tool
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DCF Valuation Summary
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Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.2B | $1.5B | $2.0B | $2.5B | $3.2B | $4.1B | $5.3B | $6.7B | $8.6B | $11.0B |
| Maintenance CapEx | -$41.5M | -$53.2M | -$68.1M | -$87.2M | -$111.6M | -$142.8M | -$182.8M | -$234.1M | -$299.6M | -$383.6M |
| Owner Earnings | $1.2B | $1.5B | $1.9B | $2.4B | $3.1B | $4.0B | $5.1B | $6.5B | $8.3B | $10.6B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $1.1B | $1.3B | $1.5B | $1.8B | $2.1B | $2.5B | $3.0B | $3.5B | $4.2B | $4.9B |
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