Company Information

  

Address: 1615 WYNKOOP STREET  
City: DENVER 
State: CO 
Zip Code: 80202 
Telephone: (303) 357-7310 

Description of Business

Primary SIC Code: 4922
(As filed with the SEC)  

We are a growth-oriented limited partnership formed by Antero Resources Corporation ("Antero Resources") to own, operate and develop midstream energy assets to service Antero Resources' rapidly increasing production. Our assets consist of gathering pipelines, compressor stations, processing and fractionation plants and water handling and treatment assets, through which we provide midstream services to Antero Resources under long-term, fixed-fee contracts. Our assets are located in the rapidly developing liquids-rich Marcellus Shale and Utica Shale located in West Virginia and Ohio, two of the premier North American shale plays. We believe that our strategically located assets and our relationship with Antero Resources position us to become a leading midstream energy company serving the Marcellus and Utica Shales.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20171.010.32032.85
03/20171.120.30029.61
12/20161.240.28024.90
09/20161.170.26522.82
06/20160.490.25056.88
03/20160.630.23535.10
12/20150.760.20530.03

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.19Total Liab/Total Assets0.48
Net Inc/Total Assets0.10Total Liab/Inv Cap0.50
Net Inc/Inv Cap0.10Total Liab/Comm Equity-0.92
Pretax Inc/Net Sales0.41Interest Coverage Ratio11.97
Net Inc/Net Sales0.40Curr Debt/EquityNA
Cash Flow/Net Sales0.64LTD/EquityNA
SG&A/NetSales0.12Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover8.82Quick Ratio0.97
Inventory TurnoverNACurrent Ratio0.97
Inventory Day SalesNANet Rec/Curr Assets0.82
Net Sales/Work Cap-286.09Inv/Curr AssetsNA
Net Sales/PP&E0.27  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 193.77 174.77 166.85 150.48
Cost of Goods Sold 52.31 47.55 36.64 33.21
Selling & Admin Exps 18.38 17.98 20.56 16.84
Operating Income 92.57 81.70 83.90 74.28
Interest Exp 9.02 8.84 9.01 5.30
Pretax Income 83.55 72.86 78.75 68.98
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 87.18 75.09 73.35 70.52

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 17.53 NA 14.04 9.22
Receivables - Total 80.30 72.70 65.38 59.64
Inventories - Total NA NA NA NA
Total Current Assets 98.13 73.20 79.95 68.92
Net Property, Plant & Equipment 2,394.28 2,256.80 2,195.88 2,088.09
Total Assets 2,761.94 2,571.69 2,349.90 2,216.29
Liabilities        
Accounts Payable 95.16 63.02 81.81 61.92
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 95.37 63.21 82.01 62.12
Long-Term Debt 945.45 840.18 849.91 809.77
Total Liabilities 1,242.98 1,102.02 1,127.09 1,060.99
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock NA NA NA NA
Retained Earnings NA NA NA NA
Treasury Stock NA NA NA NA
Total Stockholders' Equity NA NA NA NA
Total Liabilities and Stockholders' Equity NA NA NA NA

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 135.19 99.75 119.47 90.54
Net Cash Provided by Investing Activities -177.71 -269.28 -140.59 -113.85
Net Cash Provided by Financing Activities 60.05 155.49 25.94 23.85

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201358.232.02--
12/2014266.27127.88--
12/2015387.32159.100.76
12/2016590.21236.701.24
Growth Rates116.41389.75--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1715780,26443.02




Report Date : 10/16/2017

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