(AM) Antero Midstream Partners - Ratings and Ratios

Antero Midstream Corporation is a pivotal player in the midstream energy sector, strategically operating in the Appalachian Basin, a region renowned for its abundant natural gas resources. The companys extensive infrastructure is integral to the energy supply chain, ensuring efficient transportation and processing of natural gas and natural gas liquids.

The corporations operations are divided into two key segments. The Gathering and Processing segment encompasses a vast network of pipelines and compressor stations, essential for collecting and processing production from Antero Resources wells in West Virginia and Ohio. This infrastructure is crucial for connecting wells to processing facilities, facilitating the delivery of energy to markets.

The Water Handling segment addresses a critical aspect of hydrocarbon production: water management. The company delivers fresh water from sources like the Ohio River and local reservoirs, and employs advanced systems to transport flowback and produced water. This segment underscores Anteros commitment to sustainable practices, a key consideration for environmentally conscious investors.

Founded in 2002 and headquartered in Denver, Colorado, Antero Midstream brings nearly two decades of expertise to the industry, reflecting stability and experience. With a market capitalization of approximately $8 billion, the companys size and scale are notable, positioning it as a significant entity in the sector.

From a financial perspective, Antero Midstream presents a P/E ratio of 20.27, slightly elevated, yet aligned with industry standards given growth prospects. The forward P/E of 16.92 hints at anticipated growth. The price-to-book ratio of 3.81 suggests assets are valued higher than their book value, indicating market confidence in future growth. However, the price-to-sales ratio of 7.00 may warrant scrutiny, as it reflects a premium valuation relative to revenue.