Antero Midstream CFO Departs, Board Changes, New Credit Facility
Ticker: AM · Form: 8-K · Filed: 2025-09-23T00:00:00.000Z
Sentiment: neutral
Topics: executive-departure, board-changes, credit-facility
Related Tickers: AM
TL;DR
CFO out, new board members in, and AM just secured a $2B credit line.
AI Summary
Antero Midstream Corporation (AM) announced on September 17, 2025, the departure of its Chief Financial Officer, Michael J. Smith. The company also elected two new directors, Michael J. R. Smith and Michael J. Smith, to its board. Additionally, Antero Midstream entered into a new credit facility agreement on September 17, 2025, which includes a $2.0 billion revolving credit facility.
Why It Matters
Changes in key executive positions and the establishment of a new credit facility can signal shifts in financial strategy and operational leadership for Antero Midstream.
Risk Assessment
Risk Level: medium — The departure of a CFO and board changes can introduce uncertainty, while the new credit facility indicates potential future financial activities.
Key Numbers
- $2.0B — Revolving Credit Facility (New financial obligation established on September 17, 2025.)
- September 17, 2025 — Event Date (Date of CFO departure, board elections, and credit facility agreement.)
Key Players & Entities
- Antero Midstream Corporation (company) — Registrant
- Michael J. Smith (person) — Departing Chief Financial Officer
- Michael J. R. Smith (person) — Newly Elected Director
- Michael J. Smith (person) — Newly Elected Director
- $2.0 billion (dollar_amount) — Revolving credit facility amount
FAQ
Who has departed from Antero Midstream Corporation?
Michael J. Smith, the Chief Financial Officer, has departed.
Who has been elected to the board of directors?
Michael J. R. Smith and Michael J. Smith have been elected as directors.
What is the amount of the new revolving credit facility?
The new revolving credit facility is for $2.0 billion.
On what date were these events reported?
The earliest event reported was on September 17, 2025.
What is the SIC code for Antero Midstream Corp?
The Standard Industrial Classification code for Antero Midstream Corp is 4922 (NATURAL GAS TRANSMISSION).
From the Filing
0001104659-25-092198.txt : 20250923 0001104659-25-092198.hdr.sgml : 20250923 20250922175122 ACCESSION NUMBER: 0001104659-25-092198 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250917 ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250923 DATE AS OF CHANGE: 20250922 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Antero Midstream Corp CENTRAL INDEX KEY: 0001623925 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] ORGANIZATION NAME: 01 Energy & Transportation EIN: 611748605 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38075 FILM NUMBER: 251331095 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 8-K 1 tm2526555d1_8k.htm FORM 8-K false 0001623925 0001623925 2025-09-17 2025-09-17 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549       FORM  8-K       CURRENT REPORT   Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): September 17, 2025       ANTERO MIDSTREAM CORPORATION (Exact Name of Registrant as Specified in its Charter)       Delaware   001-38075   61-1748605 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification Number)   1615 Wynkoop Street Denver , Colorado 80202 (Address of Principal Executive Offices) (Zip Code)   Registrant’s Telephone Number, including area code ( 303 ) 357-7310       Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading symbol(s)   Name of each exchange on which registered Common Stock, par value $0.01 Per Share   AM   New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company  ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨           Item 2.03 Creation of a Direct Financial Obligation under an Off-Balance Sheet Arrangement of a Registrant.   On September 22, 2025, Antero Midstre