AM

Antero Midstream Corporation

Energy · $9.6B market cap

Verdict

Share price

$20.36

close of Oct 3, 2026

Fair value

$20.30

Sticker Price

Payback Price

$8.12

buy price

Fairly Valued

AM is Fairly Valued: at $20.36 it's right at its fair value of $20.30. Its buy price (Payback Price) is $8.12, 60% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.

How we valued it

Free Cash Flow Growth. Free cash flow is growing faster than reported earnings, so we project free cash flow 10 years ahead instead.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth5.2% a year✗
Equity per share growth-4.1% a year✗
Sales growth7.0% a year✗
Free cash flow growth13.8% a year✓
Return on invested capital8.2%✗

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Superinvestors

2 of the investors we track hold AM. Who we track

Insider activity

Since Jul 10, 2026: no open-market purchases, 2 sales worth $459K and 8 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About Antero Midstream Corporation

Antero Midstream Corporation primarily owns, operates, and expands vital midstream energy infrastructure. Its operations are divided into two key divisions: Gathering and Processing, and Water Handling. The Gathering and Processing segment involves a comprehensive network of pipelines and compressor stations that are crucial for collecting and treating natural gas output from Antero Resources' wells situated across…

Oil & Gas Midstream

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works