NYSE:AMOil and Gas
Antero Midstream Contract Update Raises Questions For Cash Flows And Valuation
Antero Midstream (NYSE:AM) has amended and restated certain annexes in a previously executed purchase agreement.
The updated annexes change parts of the contract terms and structure, with full details not yet publicly outlined.
The move signals a refinement of deal terms that could affect future operations and counterpart relationships.
Antero Midstream enters this contract update with its shares at $19.18 and a 1-year return of 25.4%. Over 3 years the stock shows a very large gain, and...