A Death Cross usually sounds like trouble — but when it shows up on Warren Buffett's Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) chart, investors should think twice before panicking.Track BRK-B stock here.Chart created using Benzinga ProThe pattern, which forms when a stock's 50-day moving average dips below its 200-day, just reappeared for Berkshire's Class B shares — the first since August 2025, when the same signal marked the exact bottom before a rally.Read Also: EXCLUSIVE: Yusko Calls Out Warren Buffe ...

I analyze oil and gas companies and related companies like Antero Midstream in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up ...

We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Aaron Chow, aka Elephant Analytics has 15+ years of analytical experience and is a top rated analyst on TipRanks. Aaron previously co-founded a mobile gaming company (Absolute Games) that was acquired by PENN Enterta ...

My investment stance on Antero Midstream Corporation ( AM ) has been neutral since the very first article that I published on this midstream vehicle back in July, 2024. Even though I fully appreciated its fundamentals and oneRoberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Ba ...

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财务数据和关键指标变化 - 第三季度调整后EBITDA为2.81亿美元，同比增长10% [11] - 第三季度自由现金流（派息后）为7800万美元，同比大幅增长94% [11] - 截至9月30日，公司杠杆率降至2.7倍 [11] - 过去一年公司绝对债务减少约1.75亿美元，杠杆率下降近0.5倍 [12] - 第三季度资本投资为5100万美元，年初至今累计投资1.33亿美元，约占全年总预算的75% [6] 各条业务线数据和关键指标变化 - 第三季度集输压缩量同比增长5%，设备正常运行时间超过99% [11] - 淡水输送量同比增长近30%，尽管仅运行一个完井队 [11] - 集输、处理和淡水输送量的增长是驱动EBITDA增长的主要因素 [11] 公司战略和发展方向和行业竞争 - 公司核心战略是依托Marcellus页岩核心区进行有机扩张，以应对未来几年天然气需求的结构性变化 [5] - 本季度Antero Resources收购了约2.6亿美元的核心区资产，包括已由Antero Midstream服务的权益和新增核心区面积 [5] - 年初至今，累计有约80个井位被收购并指定由Antero Midstream服务，超过了2025年的开发计划 [6] - 公司在西弗吉尼亚州的干气区域进行新举措，计划钻探十多年来的首个干气Marcellus井组，利用现有未充分利用的中游设施 [8][9] - 公司通过资产收购巩固了在该区域的地位，包括2022年收购的Crestwood资产和2024年收购的Summit资产，总计约15万英亩面积目前未充分利用 [22] 管理层对经营环境和未来前景的评论 - 管理层认为中游基础设施将使Antero Resources能够立即进入本地市场，为未来数据中心和发电项目带来的区域内需求增长提供概念验证 [9] - 干气开发为Antero Midstream带来有吸引力的回报率，并为之前仅以已证实已开发储量（PDP）为基础估值的收购带来显著上升空间 [9] - 公司资本投资持续产生稳定的自由现金流，预计进入2026年将进一步扩大 [13] - 不断扩大的自由现金流使公司处于有利地位，可以向股东返还更多资本，并在富含液体和干气的资产基础上扩展增长机会 [13] - 公司平衡的债务削减和股份回购方法有助于降低融资成本，进一步促进派息后自由现金流的增长 [12] 其他重要信息 - 公司的信用改善获得了穆迪的评级上调，并成功对2027年到期的票据进行了再融资，将到期日延长至2033年，票面利率保持5.75%不变 [12] - 此次再融资后，公司拥有超过8.7亿美元的流动性，且无近期到期债务 [12] - 公司资产负债表处于上市十多年来的最强劲水平 [12] 问答环节所有提问和回答 问题: 关于区域内需求，特别是表后机会的潜力和时间框架 [17] - 回答指出Antero Resources是西弗吉尼亚州Sherwood综合设施的最大电力消费者之一，表后项目可以降低其电力运营成本，并释放增量电网电力 [18] - 此类解决方案需要多方协调，目前仍在分析和讨论中，没有明确的时间表 [18] - Antero家族在数据中心机会方面定位良好，Antero Resources占该州天然气产量的约40%，并与中游公司高度整合，拥有约6亿美元投资的重要水系统 [19] - 目前讨论仍在进行，没有设定时间表，短期内预计不会有公告 [20] 问题: 关于Antero Resources收购的10个未开发井位所需的基础设施投资 [27] - 回答指出所需资本不具重大影响，大约每口井100万美元，主要用于管线和水系统，因为已连接到压缩和高压系统，增量投资可能约1000万美元 [28] 问题: 基于自由现金流增长和2.7倍杠杆率的资本配置优先顺序 [28] - 回答表示目前仍专注于债务削减和股份回购，采取相当平衡的方法，大致为50/50的比例 [29] - 当前股价下回购股份具有很大价值，偿还债务则提供了灵活性 [29] 问题: 关于利用中游公司闲置产能进行钻探，以及这是否会降低Antero Midstream的资本强度 [31][33] - 回答确认如果开发转向已有基础设施的区域，Antero Midstream的资本强度将显著降低 [34] - 这既是针对区域内需求的概念验证，也可能是一种投资组合方法，考虑到4美元的天然气价格曲线与向后倾斜的原油曲线，干气相对更具经济性 [36] - 公司拥有产品多样性，可以在液体和干气之间切换，这为上下游都提供了灵活性 [36]

Antero Midstream (NYSE: AM) Legal Disclaimer Forward-Looking Statements: This presentation includes "forward-looking statements." Such forward-looking statements are subject to a number of risks and uncertainties, many of which are not under AM's control. All statements, except for statements of historical fact, made in this presentation regarding activities, events or developments AM expects, believes or anticipates will or may occur in the future, such as statements regarding our strategy, future operatio ...

Antero Midstream Corporation (AM) reported $294.82 million in revenue for the quarter ended September 2025, representing a year-over-year increase of 9.3%. EPS of $0.24 for the same period compares to $0.21 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $293.8 million, representing a surprise of +0.35%. The company delivered an EPS surprise of -4%, with the consensus EPS estimate being $0.25.While investors scrutinize revenue and earnings changes year-over-year and how they comp ...

Denver, Colorado, October 29, 2025—Antero Midstream Corporation (NYSE: AM) ("Antero Midstream" or the "Company") today announced its third quarter 2025 financial and operating results. The relevant unaudited condensed consolidated financial statements are included in Antero Midstream's Quarterly Report on Form 10-Q for the three months ended September 30, 2025. Exhibit 99.1 Antero Midstream Announces Third Quarter 2025 Financial and Operating Results Third Quarter 2025 Highlights: Michael Kennedy, CEO and P ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-38075 ANTERO MIDSTREAM CORPORATION (Exact name of registrant as specified in its charter) Delaware 61-174 ...