29 Aug

Antero Midstream Partners: Analysts’ Estimates

WRITTEN BY Vincent Kruger FEATURED IN Company News, Insights, & Analysis

Antero Midstream Partners

According to Wall Street analysts’ estimates, Antero Midstream Partners (AM) has a median target price of $37.8—compared to its current market price of $30.4, which implies an estimated upside of more than 24% for the next year. Analysts seem to be very optimistic about Antero Midstream Partners. Among the 14 analysts covering the stock, eight recommended a “strong buy,” while six recommended a “buy.” None of the analysts recommended a “sell” or a “hold.”

JPMorgan Chase raised Antero Midstream Partners’ target price from $34.0 to $35.0 on August 27.

Antero Midstream Partners: Analysts’ Estimates

Strong throughput volumes across the segments contributed to Antero Midstream Partners’ healthy performance in the second quarter. The company’s earnings grew more than 26% in the second quarter compared to the same period last year. Recently, Antero Midstream Partners paid a distribution of $0.415 per unit, which represents a 30% increase compared to the same quarter last year and a 6.0% increase compared to the previous quarter. Based on the recent distribution, Antero Midstream Partners is trading at a distribution yield of 5.5%.

Peers’ target prices

Enbridge Energy Partners (EEP) has a median target price of $11.3—compared to its current market price of $11.64, which indicates a downside of 3% going forward.

Genesis Energy (GEL) offers a potential upside of 6.2% based on analysts’ median target price of $26.3. Currently, Genesis Energy is trading at $24.8.

Latest articles

In another setback for Boeing (BA), China might not buy the company's 737 MAX jets as part of its trade negotiations with the US.

19 Mar

Micron Stock's Ups and Downs

WRITTEN BY Paige Tanner

Micron was the hardest hit by the semiconductor downturn due to weak economic demand arising from the US-China trade war.

19 Mar

What to Expect from CannTrust's Q4 Earnings

WRITTEN BY Adam Jones

CannTrust (CTST) announced that it's scheduled to report its fourth-quarter earnings on March 28 before the market opens.

Yesterday, Apple (AAPL) launched a newly upgraded range of its iPad Air and iPad mini devices ahead of its March 25 special event.

19 Mar

Nike Gears Up to Deliver Its Q3 2019 Results

WRITTEN BY Sharon Bailey

Nike (NKE) is scheduled to report its earnings results for the third quarter of fiscal 2019 after the market closes on March 21.

On March 18, Chesapeake Energy’s (CHK) implied volatility was 51.9%, which is ~14.7% less than its 15-day average.