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Antero Midstream Corporation  (AM)
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 

The Natural Gas Utilities company reported important Top-line progress, amid the fourth quarter of 2022 earnings season

company delivered fourth quarter of 2022 operating surplus of $144.146 million


Published Feb 16 2023
CSIMarket Team / CSIMarket.com


Controlroom_By_Steag_Germany__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsIn the fourth quarter of 2022 earnings season company had revenue of $241.55 million and earnings per share of $0.17. revenue were up by 11.577 % year on year and income per share surged by 5.17 %.

From the preceding quarter, income improved by 1.24 % from $0.17 per share and revenue surged by 4.553 % from $231.03 million.


Earnings of $82.793 million in the fourth quarter of 2022 increased by 5.3 % from net earnings of $78.626 million reported in the fourth quarter of 2022 a year ago. Antero Midstream Corporation shifted it's focus on improving sales in the fourth quarter of 2022, as a result net margin eased to 34.28%.
Operating earnings, however, rose 12.16% to $144.146 million. Looking further into AMs' results for the financial period 2022, company disclosed revenue of $919.99 million and earnings of $326.24 million.

Natural Gas Utilities company noticed as well, that Eps decreased by -1.45 % to $0.68 per share from $0.69 in the previous financial period , observed also, that revenue increased by 2.43 % from $898.20 million a year prior.

Antero Midstream Corporation is expected to report next financial recent numbers on July 26, 2023.



Antero Midstream's Capital Expenditures Growth

Antero Midstream's Receivables Turnover Ratio



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