Antero Midstream's 2023 10-K Shows Stable Financials
Ticker: AM · Form: 10-K · Filed: 2024-02-14T00:00:00.000Z
Sentiment: neutral
Topics: earnings, annual-report, natural-gas, financial-results
Related Tickers: AM
TL;DR
**Antero Midstream's 2023 10-K shows stable financial figures, with a key metric at $479.7M for 2023, slightly up from $478.5M in 2022, and a $0.3333 figure (likely EPS).**
AI Summary
Antero Midstream Corp filed its 10-K on February 14, 2024, for the fiscal year ended December 31, 2023. The filing indicates a key financial figure of $479,713,000 for 2023, which is a slight increase from $478,497,000 reported in 2022. Additionally, the company reported a figure of $0.3333 for 2023, potentially representing earnings per share. The report also details changes in retained earnings and additional paid-in capital through the end of 2023.
Why It Matters
This 10-K provides a comprehensive look at Antero Midstream's financial health and operational performance in the natural gas transmission sector, offering investors crucial data for evaluating its stability and future prospects. The reported figures offer insight into the company's year-over-year performance.
Risk Assessment
Risk Level: medium — As a natural gas transmission company, Antero Midstream faces inherent market volatility, regulatory changes, and operational risks common to the energy sector.
Key Numbers
- $479.7M — 2023 Financial Figure (Likely revenue, showing a slight increase from the prior year.)
- $478.5M — 2022 Financial Figure (Likely revenue, serving as a baseline for comparison.)
- $0.3333 — 2023 Financial Figure (Potentially Earnings Per Share, indicating profitability.)
- 2023-12-31 — Fiscal Year End (The period covered by the annual report.)
- 2024-02-14 — Filing Date (Date the 10-K was submitted to the SEC.)
Key Players & Entities
- Antero Midstream Corp (company) — filer of the 10-K
- Antero Midstream GP LP (company) — former company name
- Antero Resources Midstream Management LLC (company) — former company name
- $479,713,000 (dollar_amount) — 2023 financial figure (likely revenue)
- $478,497,000 (dollar_amount) — 2022 financial figure (likely revenue)
- $0.3333 (dollar_amount) — 2023 financial figure (potentially EPS)
- December 31, 2023 (date) — fiscal year end
- February 14, 2024 (date) — filing date of the 10-K
FAQ
What is the primary business of Antero Midstream Corp?
Antero Midstream Corp operates in the Natural Gas Transmission industry, as indicated by its Standard Industrial Classification [4922].
When was Antero Midstream Corp's 10-K for the fiscal year 2023 filed?
The 10-K for the fiscal year ended December 31, 2023, was filed on February 14, 2024.
What was the reported financial figure for Antero Midstream Corp in 2023, which was approximately $479.7 million?
The filing shows a figure of $479,713,000 for 2023, which is likely a key financial metric such as revenue.
How did the 2023 financial figure compare to the 2022 figure of approximately $478.5 million?
The 2023 figure of $479,713,000 represents a slight increase from the 2022 figure of $478,497,000.
What is the significance of the $0.3333 figure mentioned in the 2023 data?
The $0.3333 figure for 2023 is likely a per-share metric, such as Earnings Per Share (EPS), reflecting the company's profitability.
From the Filing
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