Antero Midstream GP (NYSE:AMGP) posted its earnings results on Tuesday. The company reported $0.03 EPS for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.05), reports. Antero Midstream GP had a net margin of 4.41% and a return on equity of 17.95%.
Antero Midstream GP (NYSE AMGP) traded up $0.20 on Tuesday, reaching $19.81. 585,080 shares of the company’s stock were exchanged, compared to its average volume of 857,832. Antero Midstream GP has a twelve month low of $16.62 and a twelve month high of $22.87.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 20th. Shareholders of record on Thursday, February 1st will be paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 1.51%. This is a positive change from Antero Midstream GP’s previous quarterly dividend of $0.06. The ex-dividend date is Wednesday, January 31st.
COPYRIGHT VIOLATION NOTICE: “Antero Midstream GP (AMGP) Releases Earnings Results, Misses Expectations By $0.05 EPS” was reported by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another publication, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2018/02/13/antero-midstream-gp-amgp-releases-earnings-results-misses-expectations-by-0-05-eps.html.
About Antero Midstream GP
Antero Midstream GP LP, formerly Antero Resources Midstream Management LLC, owns, operates and develops midstream energy infrastructure. The Company’s segments include gathering and processing and water handling and treatment. The gathering and processing segment consist of long-term, fee-based activities including low-pressure gathering, compression, high-pressure gathering, processing, fractionation, and condensate gathering.
Receive News & Ratings for Antero Midstream GP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antero Midstream GP and related companies with MarketBeat.com's FREE daily email newsletter.