Antero Historical Income Statement

AM Stock  USD 13.89  0.10  0.73%   
Historical analysis of Antero Midstream income statement accounts such as Selling General Administrative of 43.3 M or Total Revenue of 1.2 B can show how well Antero Midstream Partners performed in making a profits. Evaluating Antero Midstream income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Antero Midstream's future profits or losses.
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Antero Midstream Partners latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Antero Midstream Partners is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antero Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

About Antero Income Statement Analysis

Antero Midstream Partners Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Antero Midstream shareholders. The income statement also shows Antero investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Antero Midstream Income Statement Chart

Antero Midstream Partners Income Statement is one of the three primary financial statements used for reporting Antero's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Antero Midstream Partners revenue and expense. Antero Midstream Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Antero Midstream's Net Income is very stable compared to the past year. As of the 28th of March 2024, Income Tax Expense is likely to grow to about 134.7 M, while Cost Of Revenue is likely to drop about 230.8 M.

Cost Of Revenue

Cost of Revenue is found on Antero Midstream Partners income statement and represents the costs associated with goods and services Antero Midstream provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Antero Midstream Partners minus its cost of goods sold. It is profit before Antero Midstream operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Antero Midstream Partners. It is also known as Antero Midstream overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Antero Midstream's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Antero Midstream Partners current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antero Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, Antero Midstream's Net Income is very stable compared to the past year. As of the 28th of March 2024, Income Tax Expense is likely to grow to about 134.7 M, while Cost Of Revenue is likely to drop about 230.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit149.9M608.0M692.4M727.0M
Cost Of Revenue84.3M382.7M420.1M230.8M

Antero Midstream income statement Correlations

0.780.820.770.870.76-0.290.730.110.04-0.640.02-0.010.270.750.65-0.08-0.540.60.280.36-0.21-0.2
0.780.861.00.940.940.140.91-0.080.48-0.460.470.390.110.940.510.31-0.770.610.490.73-0.46-0.54
0.820.860.860.90.89-0.090.8-0.30.38-0.40.370.270.40.870.590.16-0.570.630.260.52-0.29-0.25
0.771.00.860.930.940.150.91-0.090.47-0.470.470.410.150.940.480.32-0.780.650.50.75-0.47-0.56
0.870.940.90.930.97-0.040.950.030.34-0.520.340.210.060.930.650.12-0.640.580.410.56-0.32-0.28
0.760.940.890.940.970.030.98-0.060.38-0.510.380.240.020.970.620.17-0.680.570.460.63-0.33-0.28
-0.290.14-0.090.15-0.040.030.05-0.120.780.60.780.88-0.070.11-0.670.94-0.410.290.410.63-0.78-0.51
0.730.910.80.910.950.980.050.110.35-0.520.360.22-0.10.930.590.13-0.650.510.480.61-0.29-0.27
0.11-0.08-0.3-0.090.03-0.06-0.120.11-0.26-0.18-0.25-0.28-0.43-0.160.09-0.350.21-0.28-0.06-0.240.290.09
0.040.480.380.470.340.380.780.35-0.260.551.00.90.10.36-0.230.84-0.350.250.150.59-0.62-0.54
-0.64-0.46-0.4-0.47-0.52-0.510.6-0.52-0.180.550.550.510.04-0.54-0.660.520.41-0.34-0.37-0.16-0.160.0
0.020.470.370.470.340.380.780.36-0.251.00.550.90.080.35-0.230.83-0.340.230.150.58-0.6-0.54
-0.010.390.270.410.210.240.880.22-0.280.90.510.90.20.31-0.520.95-0.50.440.370.74-0.78-0.66
0.270.110.40.150.060.02-0.07-0.1-0.430.10.040.080.20.070.00.16-0.120.47-0.230.12-0.1-0.16
0.750.940.870.940.930.970.110.93-0.160.36-0.540.350.310.070.490.27-0.820.720.640.76-0.49-0.33
0.650.510.590.480.650.62-0.670.590.09-0.23-0.66-0.23-0.520.00.49-0.56-0.050.02-0.16-0.160.380.2
-0.080.310.160.320.120.170.940.13-0.350.840.520.830.950.160.27-0.56-0.560.490.430.74-0.89-0.59
-0.54-0.77-0.57-0.78-0.64-0.68-0.41-0.650.21-0.350.41-0.34-0.5-0.12-0.82-0.05-0.56-0.87-0.84-0.930.80.59
0.60.610.630.650.580.570.290.51-0.280.25-0.340.230.440.470.720.020.49-0.870.660.8-0.72-0.36
0.280.490.260.50.410.460.410.48-0.060.15-0.370.150.37-0.230.64-0.160.43-0.840.660.8-0.71-0.3
0.360.730.520.750.560.630.630.61-0.240.59-0.160.580.740.120.76-0.160.74-0.930.80.8-0.84-0.66
-0.21-0.46-0.29-0.47-0.32-0.33-0.78-0.290.29-0.62-0.16-0.6-0.78-0.1-0.490.38-0.890.8-0.72-0.71-0.840.55
-0.2-0.54-0.25-0.56-0.28-0.28-0.51-0.270.09-0.540.0-0.54-0.66-0.16-0.330.2-0.590.59-0.36-0.3-0.660.55
Click cells to compare fundamentals

Antero Midstream Account Relationship Matchups

Antero Midstream income statement Accounts

201920202021202220232024 (projected)
Interest Expense110.4M147.0M44.4M189.9M217.2M228.1M
Selling General Administrative118.1M52.2M16.8M62.1M71.1M43.3M
Total Revenue849.6M971.4M234.2M990.7M1.1B1.2B
Cost Of Revenue348.4M344.8M84.3M382.7M420.1M230.8M
Gross Profit501.2M626.5M149.9M608.0M692.4M727.0M
Other Operating Expenses478.1M412.5M102.2M449.7M493.6M279.5M
Operating Income422.9M645.4M128.5M539.5M618.8M323.8M
Net Income From Continuing Ops(355.1M)(122.5M)331.6M326.2M354.1M371.8M
Ebit422.9M645.4M128.5M539.5M618.8M331.0M
Total Operating Expenses129.7M67.6M17.9M67.1M73.5M65.2M
Income Before Tax(457.6M)(178.2M)107.2M443.7M500.1M525.1M
Total Other Income Expense Net(880.4M)(823.6M)(21.3M)(95.7M)(118.8M)(124.7M)
Net Income Applicable To Common Shares(355.6M)(122.5M)331.6M326.2M375.2M393.9M
Net Income(355.1M)(122.5M)78.6M326.2M371.8M390.4M
Income Tax Expense(102.5M)(55.7M)28.6M117.5M128.3M134.7M
Ebitda575.4M824.8M335.5M837.6M825.8M491.2M
Tax Provision(102.5M)(55.7M)117.1M117.5M130.1M136.6M
Net Interest Income(110.4M)(147.0M)(175.3M)(189.9M)(217.7M)(206.8M)
Interest Income59.1M60.6M84.8M95.7M110.1M58.1M
Depreciation And Amortization152.5M179.5M207.0M298.1M206.9M179.8M

Pair Trading with Antero Midstream

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Antero Midstream position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Antero Midstream will appreciate offsetting losses from the drop in the long position's value.

Moving together with Antero Stock

  0.91ET Energy Transfer LP Financial Report 7th of May 2024 PairCorr
  0.67NS NuStar Energy LP Financial Report 2nd of May 2024 PairCorr

Moving against Antero Stock

  0.7TK TeekayPairCorr
  0.69FLNG FLEX LNG Financial Report 21st of May 2024 PairCorr
  0.52EURN Euronav NV Financial Report 9th of May 2024 PairCorr
  0.51CQP Cheniere Energy Partners Financial Report 7th of May 2024 PairCorr
  0.49LNG Cheniere Energy Financial Report 7th of May 2024 PairCorr
The ability to find closely correlated positions to Antero Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Antero Midstream when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Antero Midstream - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Antero Midstream Partners to buy it.
The correlation of Antero Midstream is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Antero Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Antero Midstream Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Antero Midstream can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Antero Midstream Partners is a strong investment it is important to analyze Antero Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Antero Midstream's future performance. For an informed investment choice regarding Antero Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antero Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Antero Stock analysis

When running Antero Midstream's price analysis, check to measure Antero Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Antero Midstream is operating at the current time. Most of Antero Midstream's value examination focuses on studying past and present price action to predict the probability of Antero Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Antero Midstream's price. Additionally, you may evaluate how the addition of Antero Midstream to your portfolios can decrease your overall portfolio volatility.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Is Antero Midstream's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Antero Midstream. If investors know Antero will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Antero Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.232
Dividend Share
0.9
Earnings Share
0.73
Revenue Per Share
2.321
Quarterly Revenue Growth
0.072
The market value of Antero Midstream Partners is measured differently than its book value, which is the value of Antero that is recorded on the company's balance sheet. Investors also form their own opinion of Antero Midstream's value that differs from its market value or its book value, called intrinsic value, which is Antero Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Antero Midstream's market value can be influenced by many factors that don't directly affect Antero Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Antero Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Antero Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antero Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.