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AM: Buyback Activity And Leadership Transitions Will Shape Outlook Amid Stable Valuation

Update shared on 06 Nov 2025

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AnalystConsensusTarget's Fair Value
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1Y
19.1%
7D
3.9%

Analysts have maintained the price target for Antero Midstream at $18.36 per share. They cite a slight decrease in projected revenue growth, but note improved profit margins and a lower estimated future price-to-earnings ratio as supporting factors for their outlook.

What's in the News

  • Completion of a buyback tranche with 2,315,719 shares repurchased for $41.33 million, totaling 6,933,054 shares and $115 million since the program's February 2024 announcement (company filing).
  • Appointment of Justin J. Agnew, currently Vice President, Finance, as the upcoming Chief Financial Officer, effective in the coming months (company announcement).
  • Promotion of Michael N. Kennedy to Chief Executive Officer, succeeding Paul M. Rady, who will transition to Chairman Emeritus effective August 14, 2025 (company press release).
  • Leadership transition for co-founder Paul M. Rady, marking the end of his tenure as CEO and the start of his role as Chairman Emeritus for both Antero Resources and Antero Midstream (company announcement).

Valuation Changes

  • Fair Value Estimate remains unchanged at $18.36 per share.
  • The Discount Rate has decreased slightly from 7.17% to 6.78%.
  • The Revenue Growth projection has declined from 1.25% to 0.72%.
  • The Net Profit Margin has improved, rising from 51.95% to 53.71%.
  • The future P/E Ratio estimate has fallen from 16.08x to 15.02x.

Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.