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.

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