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
03/20181.360.39019.04
12/20171.280.34022.69
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

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.20Total Liab/Total Assets0.50
Net Inc/Total Assets0.10Total Liab/Inv Cap0.52
Net Inc/Inv Cap0.11Total Liab/Comm Equity-1.01
Pretax Inc/Net Sales0.37Interest Coverage Ratio8.64
Net Inc/Net Sales0.40Curr Debt/EquityNA
Cash Flow/Net Sales0.62LTD/EquityNA
SG&A/NetSales0.09Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover8.74Quick Ratio0.99
Inventory TurnoverNACurrent Ratio0.99
Inventory Day SalesNANet Rec/Curr Assets0.92
Net Sales/Work Cap-829.75Inv/Curr AssetsNA
Net Sales/PP&E0.30  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 229.59 210.33 193.63 193.77
Cost of Goods Sold 67.26 69.65 63.03 52.31
Selling & Admin Exps 18.36 19.05 16.87 18.38
Operating Income 111.54 67.24 83.17 92.57
Interest Exp 11.30 10.40 9.31 9.02
Pretax Income 100.24 56.85 73.86 83.55
Other Income NA 0.00 NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 108.11 64.16 80.89 87.18

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 8.71 8.36 2.50 17.53
Receivables - Total 112.25 111.35 85.29 80.30
Inventories - Total NA NA NA NA
Total Current Assets 122.12 120.39 88.80 98.13
Net Property, Plant & Equipment 2,678.73 2,605.60 2,508.20 2,394.28
Total Assets 3,136.10 3,042.21 2,895.39 2,761.94
Liabilities        
Accounts Payable 80.51 121.11 88.40 95.16
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 80.74 121.32 88.61 95.37
Long-Term Debt 1,301.28 1,196.00 1,067.72 945.45
Total Liabilities 1,597.34 1,525.74 1,361.01 1,242.98
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 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 134.05 131.53 109.33 135.19
Net Cash Provided by Investing Activities -146.64 -159.08 -173.76 -177.71
Net Cash Provided by Financing Activities 12.95 33.42 49.39 60.05

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
12/2017772.50307.321.28
Growth Rates90.84251.42--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1816090,21748.24




Report Date : 7/16/2018

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