$AM
Antero Midstream Corp

2024 Q2 Form 10-Q Financial Statement

#000155837024005600 Filed on April 24, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $269.8M $279.1M
YoY Change 4.46% 7.54%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $21.22M $21.22M
YoY Change 16.83% 22.33%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $37.58M $54.76M
YoY Change -28.97% 55.59%
% of Gross Profit
Operating Expenses $117.0M $112.8M
YoY Change 9.44% 1.5%
Operating Profit $152.8M $166.3M
YoY Change 4.97% 12.07%
Interest Expense -$52.19M -$25.78M
YoY Change 77.41% -14.55%
% of Operating Profit -34.16% -15.51%
Other Income/Expense, Net -$38.28M -$25.84M
YoY Change 30.13% -14.36%
Pretax Income $114.5M $140.4M
YoY Change -1.41% 18.82%
Income Tax $28.44M $36.49M
% Of Pretax Income 24.84% 25.99%
Net Earnings $86.04M $103.8M
YoY Change -0.96% 19.98%
Net Earnings / Revenue 31.89% 37.19%
Basic Earnings Per Share $0.18 $0.22
Diluted Earnings Per Share $0.18 $0.21
COMMON SHARES
Basic Shares Outstanding 481.2M 479.7M
Diluted Shares Outstanding 484.8M 484.3M

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $26.09M
YoY Change
Cash & Equivalents $26.09M
Short-Term Investments
Other Short-Term Assets $963.0K $1.811M
YoY Change 21.13% 3.84%
Inventory
Prepaid Expenses
Receivables $102.6M $105.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $103.6M $133.7M
YoY Change 10.32% 35.84%
LONG-TERM ASSETS
Property, Plant & Equipment $3.869B $3.789B
YoY Change 2.99% 1.05%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $612.8M $619.2M
YoY Change -4.23% -3.72%
Other Assets $9.542M $10.01M
YoY Change -19.32% -11.72%
Total Long-Term Assets $5.671B $5.616B
YoY Change 0.22% -1.0%
TOTAL ASSETS
Total Short-Term Assets $103.6M $133.7M
Total Long-Term Assets $5.671B $5.616B
Total Assets $5.775B $5.749B
YoY Change 0.38% -0.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.87M $24.40M
YoY Change -9.56% 16.12%
Accrued Expenses $96.20M $82.04M
YoY Change 28.4% 18.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $116.0M $107.3M
YoY Change 20.04% 11.54%
LONG-TERM LIABILITIES
Long-Term Debt $3.187B $3.175B
YoY Change -3.63% -4.7%
Other Long-Term Liabilities $14.53M $14.30M
YoY Change 216.65% 209.68%
Total Long-Term Liabilities $3.201B $3.189B
YoY Change -3.33% -4.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $116.0M $107.3M
Total Long-Term Liabilities $3.201B $3.189B
Total Liabilities $3.648B $3.599B
YoY Change 1.33% 0.11%
SHAREHOLDERS EQUITY
Retained Earnings $86.04M $103.9M
YoY Change -1.12% 20.14%
Common Stock $4.812M $4.803M
YoY Change 0.31% 0.36%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.127B $2.150B
YoY Change
Total Liabilities & Shareholders Equity $5.775B $5.749B
YoY Change 0.38% -0.37%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $86.04M $103.8M
YoY Change -0.96% 19.98%
Depreciation, Depletion And Amortization $37.58M $54.76M
YoY Change -28.97% 55.59%
Cash From Operating Activities $215.8M $210.6M
YoY Change 16.28% 15.24%
INVESTING ACTIVITIES
Capital Expenditures $112.0M $37.12M
YoY Change 168.0% -14.11%
Acquisitions
YoY Change
Other Investing Activities $686.0K -$2.000K
YoY Change -349.45% -100.19%
Cash From Investing Activities -$111.3M -$37.12M
YoY Change 164.62% -11.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -130.6M -147.4M
YoY Change -9.01% 4.87%
NET CHANGE
Cash From Operating Activities 215.8M 210.6M
Cash From Investing Activities -111.3M -37.12M
Cash From Financing Activities -130.6M -147.4M
Net Change In Cash -26.09M 26.02M
YoY Change -26934400677415480.0%
FREE CASH FLOW
Cash From Operating Activities $215.8M $210.6M
Capital Expenditures $112.0M $37.12M
Free Cash Flow $103.8M $173.4M
YoY Change -27.8% 24.33%

Facts In Submission

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