BlackRock Amends Antero Midstream Stake, Signals Continued Confidence

TL;DR

**BlackRock still owns a big chunk of Antero Midstream, showing long-term confidence.**

AI Summary

BlackRock Inc. filed an amended Schedule 13G/A on January 25, 2024, indicating a change in its ownership of Antero Midstream Corp. common stock as of December 31, 2023. This filing, an amendment number 4, shows that BlackRock continues to be a significant institutional investor in Antero Midstream, a natural gas transmission company. For investors, this matters because BlackRock's continued substantial holding signals confidence in Antero Midstream's long-term prospects, potentially influencing other institutional and retail investors.

Why It Matters

This filing confirms BlackRock's ongoing significant investment in Antero Midstream, which can be seen as a vote of confidence from one of the world's largest asset managers.

Risk Assessment

Risk Level: low — This filing is routine for large institutional investors and does not indicate any immediate negative or positive risk for the company.

Analyst Insight

An investor should note BlackRock's continued presence as a major shareholder, but this filing alone doesn't provide new information to warrant immediate action. It's a routine update on an existing significant stake.

Key Players & Entities

• BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
• Antero Midstream Corp (company) — the subject company whose common stock is being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• January 25, 2024 (date) — the filing date of the SC 13G/A

FAQ

From the Filing

0001086364-24-003729.txt : 20240125 0001086364-24-003729.hdr.sgml : 20240125 20240125165924 ACCESSION NUMBER: 0001086364-24-003729 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Antero Midstream Corp CENTRAL INDEX KEY: 0001623925 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 611748605 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-89987 FILM NUMBER: 24562914 BUSINESS ADDRESS: STREET 1: 1615 WYNKOOP STREET CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: (303) 357-7310 MAIL ADDRESS: STREET 1: 1615 WYNKOOP STREET CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: Antero Midstream GP LP DATE OF NAME CHANGE: 20170505 FORMER COMPANY: FORMER CONFORMED NAME: Antero Resources Midstream Management LLC DATE OF NAME CHANGE: 20141031 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us03676b1026_012524.txt us03676b1026_012524.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 4) ANTERO MIDSTREAM CORPORATION -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 03676B102 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 03676B102 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 34031165 (6) Shared voting power 0 (7) Sole dispositive power 38375721 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 38375721 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 8.0% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- ANTERO MIDSTREAM CORPORATION Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 1615 Wynkoop Street Denver CO 80202 Item 2. 2(a) Name of person fili