Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Antero Midstream GP (AMGP) Stock Price

Media coverage about Antero Midstream GP (NYSE:AMGP) has trended somewhat positive on Wednesday, according to Accern Sentiment. Accern scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Antero Midstream GP earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.336095718535 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Antero Midstream GP (NYSE AMGP) traded down $0.40 during trading on Wednesday, reaching $18.81. 2,082,541 shares of the company were exchanged, compared to its average volume of 491,226. Antero Midstream GP has a 12 month low of $16.62 and a 12 month high of $22.87.

Antero Midstream GP (NYSE:AMGP) last posted its quarterly earnings data on Wednesday, November 1st. The company reported $0.02 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.04). Antero Midstream GP had a return on equity of 17.95% and a net margin of 4.41%. The firm had revenue of $19.07 million during the quarter, compared to analysts’ expectations of $19.44 million. equities research analysts predict that Antero Midstream GP will post 0.18 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, November 23rd. Shareholders of record on Wednesday, November 1st were paid a $0.059 dividend. This is an increase from Antero Midstream GP’s previous quarterly dividend of $0.03. This represents a $0.24 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend was Tuesday, October 31st.

Several brokerages have recently issued reports on AMGP. Citigroup upgraded shares of Antero Midstream GP from a “neutral” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Wednesday, December 6th. Morgan Stanley restated an “overweight” rating on shares of Antero Midstream GP in a research report on Friday, November 17th. Zacks Investment Research lowered shares of Antero Midstream GP from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th. Wells Fargo & Company raised shares of Antero Midstream GP from a “market perform” rating to an “outperform” rating in a research report on Monday, November 6th. Finally, Robert W. Baird reissued a “buy” rating and issued a $28.00 price objective on shares of Antero Midstream GP in a research report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $26.06.

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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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