Antero Midstream GP (AMGP) Getting Favorable Press Coverage, Study Finds
Media coverage about Antero Midstream GP (NYSE:AMGP) has been trending positive on Thursday, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Antero Midstream GP earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.4281043373913 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Antero Midstream GP (NYSE:AMGP) traded up $0.54 during mid-day trading on Thursday, hitting $18.94. The stock had a trading volume of 1,246,223 shares, compared to its average volume of 525,573. Antero Midstream GP has a fifty-two week low of $16.62 and a fifty-two week high of $22.87.
Antero Midstream GP (NYSE:AMGP) last issued its quarterly earnings data on Wednesday, November 1st. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.04). The business had revenue of $19.07 million for the quarter, compared to analyst estimates of $19.44 million. Antero Midstream GP had a net margin of 4.41% and a return on equity of 17.95%. analysts expect that Antero Midstream GP will post 0.18 EPS for the current year.
Several equities analysts recently weighed in on the company. Seaport Global Securities assumed coverage on Antero Midstream GP in a research report on Tuesday, October 10th. They set a “buy” rating and a $26.00 target price on the stock. Scotiabank reiterated a “hold” rating and set a $24.00 target price on shares of Antero Midstream GP in a research report on Wednesday, October 4th. Goldman Sachs Group downgraded Antero Midstream GP from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $29.00 to $23.00 in a research report on Friday, September 8th. Zacks Investment Research upgraded Antero Midstream GP from a “sell” rating to a “hold” rating in a research report on Tuesday, October 17th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Antero Midstream GP in a research report on Tuesday, September 5th. Three analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $26.56.
Antero Midstream GP Company Profile
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.
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