Equities analysts expect Antero Midstream Partners LP (NYSE:AM) to report $198.20 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Antero Midstream Partners’ earnings. The highest sales estimate is $206.00 million and the lowest is $182.90 million. Antero Midstream Partners posted sales of $136.81 million in the same quarter last year, which suggests a positive year over year growth rate of 44.9%. The business is scheduled to issue its next quarterly earnings report on Tuesday, August 1st.

According to Zacks, analysts expect that Antero Midstream Partners will report full year sales of $198.20 million for the current fiscal year, with estimates ranging from $734.83 million to $828.08 million. For the next fiscal year, analysts expect that the business will report sales of $931.66 million per share, with estimates ranging from $818.85 million to $1.05 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that cover Antero Midstream Partners.

Antero Midstream Partners (NYSE:AM) last posted its quarterly earnings data on Monday, May 8th. The pipeline company reported $0.35 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35. Antero Midstream Partners had a return on equity of 19.78% and a net margin of 38.95%. The business had revenue of $174.77 million for the quarter, compared to analysts’ expectations of $184.45 million.

A number of equities analysts have recently issued reports on the company. BidaskClub upgraded Antero Midstream Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, June 28th. Citigroup Inc. restated a “buy” rating and issued a $41.00 price target on shares of Antero Midstream Partners in a research note on Wednesday, May 31st. Barclays PLC restated an “overweight” rating and issued a $40.00 price target on shares of Antero Midstream Partners in a research note on Tuesday, May 30th. Morgan Stanley restated an “overweight” rating and issued a $40.00 price target on shares of Antero Midstream Partners in a research note on Tuesday, May 30th. Finally, Credit Suisse Group assumed coverage on Antero Midstream Partners in a research note on Tuesday, May 30th. They issued an “outperform” rating and a $44.00 price target on the stock. Two research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Antero Midstream Partners presently has an average rating of “Buy” and a consensus target price of $39.20.

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A number of institutional investors have recently added to or reduced their stakes in AM. Bollard Group LLC increased its position in Antero Midstream Partners by 0.8% in the first quarter. Bollard Group LLC now owns 9,689 shares of the pipeline company’s stock valued at $321,000 after buying an additional 79 shares during the period. Country Club Trust Company n.a. increased its position in Antero Midstream Partners by 1.0% in the first quarter. Country Club Trust Company n.a. now owns 11,590 shares of the pipeline company’s stock valued at $385,000 after buying an additional 116 shares during the period. Balentine LLC increased its position in Antero Midstream Partners by 5.7% in the first quarter. Balentine LLC now owns 3,892 shares of the pipeline company’s stock valued at $129,000 after buying an additional 210 shares during the period. Keybank National Association OH increased its position in Antero Midstream Partners by 6.2% in the first quarter. Keybank National Association OH now owns 7,430 shares of the pipeline company’s stock valued at $246,000 after buying an additional 435 shares during the period. Finally, Creative Planning increased its position in Antero Midstream Partners by 5.7% in the first quarter. Creative Planning now owns 10,145 shares of the pipeline company’s stock valued at $336,000 after buying an additional 551 shares during the period. Institutional investors own 46.60% of the company’s stock.

Shares of Antero Midstream Partners (NYSE AM) opened at 32.74 on Friday. Antero Midstream Partners has a 52 week low of $24.61 and a 52 week high of $35.74. The company has a market capitalization of $6.08 billion, a price-to-earnings ratio of 24.11 and a beta of 1.96. The firm has a 50 day moving average price of $33.28 and a 200 day moving average price of $33.28.

Antero Midstream Partners Company Profile

Antero Midstream Partners LP is a limited partnership formed by Antero Resources Corporation (Antero Resources) to own, operate and develop midstream energy assets to service Antero Resources’ production. The Company’s segments include gathering and compression, and water handling and treatment. The gathering and compression segment includes a network of gathering pipelines, compressor stations, and processing and fractionation plants that collect and process natural gas, natural gas liquids (NGLs) and oil from Antero Resources’ wells in West Virginia and Ohio.

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Earnings History and Estimates for Antero Midstream Partners (NYSE:AM)

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