Antero Midstream Corp. Stock Analysis AM

Antero Midstream Corp. is a growth-oriented midstream energy company, which owns, operates, and develops midstream energy assets to service Antero Resources production and completion activity. The company is headquartered in Denver, Colorado and currently employs 632 full-time employees. The company went IPO on 2017-05-04. The firm owns, operates and develops midstream gathering, compression, processing and fractionation assets located in the Appalachian Basin, and integrated water assets that service Antero Resources Corporation’s (Antero Resources) properties. Its assets consist of gathering systems and compression facilities, water handling and blending facilities and interests in processing and fractionation plants. Its gathering and processing segments include a network of gathering pipelines and compressor stations that collect and process production from Antero Resources’ wells in the Appalachian Basin, and equity in earnings from its investments in the Joint Venture and Stonewall. Its water handling segment includes two independent systems that deliver water from sources and other fluid handling services. The company owns gathering pipelines and integrated water handling assets in the core of the Marcellus Shale in West Virginia.