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Antero Midstream — Third Quarter 2026 Earnings Summary

Antero Midstream reported third quarter 2026 net income of $393 million, or $0.82 per diluted share, driven by a $377 million gain on litigation. The company's gathering and compression volumes increased by 19% and 17% respectively compared to the prior year quarter, while fresh water delivery volumes decreased by 3%. Adjusted free cash flow before dividends reached $555 million, and the company updated its full-year 2026 guidance to reflect the litigation proceeds, increasing the adjusted free cash flow range by $370 million. Additionally, the company repurchased 1.3 million shares during the quarter and reduced its leverage ratio to 2.8 times.

Company
ANTERO MIDSTREAM CORP
Sector
Energy
Industry
Oil & Gas Midstream