Antero Midstream LP GP (AMGP) Misses Q3 EPS by 4c
Antero Midstream LP GP (NYSE: AMGP) reported Q3 EPS of $0.09, $0.04 worse than the analyst estimate of $0.13.
- Net income increased by 485% to $18 million compared to the prior year quarter, or $0.09 per common share
- Distributable Cash Flow increased by 144% to $27 million compared to the prior year quarter
- Increased distribution for the 5th consecutive quarter to $0.144 per share, achieving 144% growth on an annualized basis
- Antero Midstream and AMGP entered into a definitive agreement to simplify the corporate structure with AMGP acquiring all outstanding common units of Antero Midstream and converting to a C-corp
For earnings history and earnings-related data on Antero Midstream LP GP (AMGP) click here.
