| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 118,266,000 | 51,929,000 | 115,984,000 | 124,513,000 |
| Impairment of property and equipment | NaN | 0 | 167,000 | 0 |
| Depreciation | 34,635,000 | 33,733,000 | 34,465,000 | 33,364,000 |
| Deferred income tax expense | 37,639,000 | 24,916,000 | 47,978,000 | 42,077,000 |
| Equity-based compensation | 10,579,000 | 11,123,000 | 11,026,000 | 11,407,000 |
| Equity in earnings of unconsolidated affiliates | 30,012,000 | 28,715,000 | 29,688,000 | 30,016,000 |
| Distributions from unconsolidated affiliates | 35,720,000 | 35,175,000 | 37,365,000 | 35,355,000 |
| Amortization of customer relationships | 21,210,000 | 17,668,000 | 17,668,000 | 17,668,000 |
| Amortization of deferred financing costs | 1,512,000 | 1,317,000 | 1,317,000 | 1,314,000 |
| Settlement of asset retirement obligations | 34,000 | 150,000 | 59,000 | 48,000 |
| Loss on early extinguishment of debt | NaN | 0 | -1,313,000 | NaN |
| Loss on long-lived assets | NaN | 86,626,000 | NaN | NaN |
| Gain on long-lived assets | 2,658,000 | NaN | NaN | NaN |
| Other operating activities | 34,000 | 49,000 | 49,000 | 50,000 |
| Income taxes payable | NaN | 348,000 | -395,000 | -794,000 |
| Accounts receivable-antero resources | 8,450,000 | 2,810,000 | -3,062,000 | -12,382,000 |
| Accounts receivable-third party | 246,000 | 48,000 | -69,000 | -269,000 |
| Income tax receivable | NaN | 0 | 1,896,000 | NaN |
| Other current assets | 99,000 | 377,000 | 165,000 | -500,000 |
| Accounts payable-antero resources | 982,000 | 1,142,000 | -167,000 | -1,463,000 |
| Accounts payable-third party | 6,350,000 | -3,158,000 | -669,000 | 694,000 |
| Accrued liabilities | 13,196,000 | 26,735,000 | -24,588,000 | 17,911,000 |
| Net cash provided by operating activities | 238,624,000 | 255,503,000 | 212,836,000 | 265,183,000 |
| Additions-Gathering Pipe Lines And Compressor Stations | 19,437,000 | 23,573,000 | 24,866,000 | 21,013,000 |
| Additions-Water Handling Systems | 18,469,000 | 25,245,000 | 21,309,000 | 15,721,000 |
| Additional investments in unconsolidated affiliate | 900,000 | 0 | 1,575,000 | 3,330,000 |
| Acquisition of hg midstream | 1,120,593,000 | NaN | NaN | NaN |
| Other investing activities | NaN | 1,154,000 | -844,000 | -1,000 |
| Proceeds from asset sales | 378,628,000 | NaN | NaN | NaN |
| Net cash used in investing activities | -780,771,000 | -49,972,000 | -46,906,000 | -40,063,000 |
| Dividends to common stockholders | 111,096,000 | 107,187,000 | 107,686,000 | 111,519,000 |
| Dividends to preferred stockholders | 138,000 | 137,000 | 138,000 | 137,000 |
| Repurchases of common stock | 18,013,000 | 48,312,000 | 41,329,000 | 16,771,000 |
| Issuance of senior notes | NaN | 600,000,000 | 650,000,000 | NaN |
| Borrowings on credit facility | 1,076,900,000 | 379,200,000 | 822,000,000 | 263,200,000 |
| Redemption of senior notes | NaN | 0 | 650,000,000 | NaN |
| Repayments on credit facility | 634,500,000 | 758,800,000 | 831,700,000 | 351,300,000 |
| Payments of deferred financing costs | 1,319,000 | 6,847,000 | 7,030,000 | NaN |
| Employee tax withholding for settlement of equity-based compensation awards | 32,536,000 | 513,000 | 47,000 | 8,593,000 |
| Payments on capital lease obligations | 86,000 | NaN | NaN | NaN |
| Net cash provided by (used in) financing activities | 279,212,000 | 57,404,000 | -165,930,000 | -225,120,000 |
| Net decrease in cash, cash equivalents and restricted cash | -262,935,000 | 262,935,000 | 0 | 0 |
| Cash, cash equivalents and restricted cash, beginning of period | 262,935,000 | 0 | 0 | NaN |
| Cash, cash equivalents and restricted cash, end of period | 0 | 262,935,000 | 0 | NaN |
Antero Midstream Corp (AM)
Antero Midstream Corp (AM)