AM is trading at $16.12 this afternoon, which is getting close to my valuation of $16.50.
AM was created by and is controlled by Antero Resources (AR).
It offers investors a super safe dividend yield of 5.6% and its growth will be driven by AR's drilling program.
AR and AM will be reporting Q4 results after the markets close on February 12th (tomorrow). AR will draw the most attention.
My forecast/valuation models for AR and AM can be found on the EPG website.
My current valuation of AR is $44/share.
Antero Midstream (AM) Valuation Update - Feb 11
Antero Midstream (AM) Valuation Update - Feb 11
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group