Antero Midstream Corporation AM

Company Overview

Antero Midstream Corporation is a U.S.-based energy infrastructure company that owns, operates, and develops midstream assets primarily supporting natural gas and natural gas liquids production. The company operates within the midstream energy industry, focusing on gathering, processing, compression, water handling, and related services. Its core purpose is to provide fee-based infrastructure services that enable upstream producers to transport and process hydrocarbons from wellhead to downstream markets.

The company’s primary revenue drivers are long-term, fixed-fee contracts for natural gas gathering, compression, and water services, with a customer base that is highly concentrated. Antero Midstream’s operations are strategically aligned with Antero Resources Corporation, which has historically been its largest customer and anchor shipper. The company was formed in 2014 through a series of asset drop-down transactions from Antero Resources and became an independent, publicly traded corporation following a simplification and restructuring completed in 2019.