Antero Midstream Corp (AM) company profile
Close on Nov 13, 2026Market cap $9.66BP/E 14.4Yield –
About Antero Midstream
Natural Gas Transmission, SIC 4922
Antero Midstream Corporation operates midstream energy infrastructure supporting natural gas and liquids operations. The company provides gathering, compression, and water handling services across distinct business segments. Its operations encompass low-pressure and high-pressure natural gas gathering, natural gas compression, freshwater delivery, and additional fluid handling and treatment. The enterprise serves oil and gas exploration and production operators, delivering dedicated midstream infrastructure services to primary commercial customers including Antero Resources Corporation and third-party industry clients.
The company maintains integrated operational assets within the United States, including natural gas gathering pipelines, compressor stations, permanent buried and surface freshwater pipelines, heavy equipment, and aboveground storage tanks. Antero Midstream Corporation maintains its principal executive offices in Denver, Colorado.
Summary of the business section of Antero Midstream's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Antero Midstream Corp
- Headquarters
- Denver, CO
- Address
- 1615 Wynkoop Street 80202
- Phone
- (303) 357-7310
- Website
- anteromidstream.com
- Employees
- 632, Dec 31, 2025
- Industry
- Natural Gas Transmission
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Denver, CO
Stock & identifiers
- Ticker
- AM
- Exchange
- NYSE
- IPO date
- May 5, 2017
- Shares outstanding
- 472M, Oct 23, 2026
- Public float
- $6.40B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1623925
- CUSIP
- 03676B102
- ISIN
- US03676B1026
- FIGI
- BBG00GBNZ4M0
- Share class FIGI
- BBG00GBNZ4N9
- LEI
- 529900HFO1BDEIT4QU11
- EIN
- 61-1748605
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael N. Kennedy | See Remarks, Director | 1,500,594 |
| Yvette K. Schultz | See Remarks, Director | 580,565 |
| Paul M. Rady | See Remarks, Director | 3,074,200 |
| Sheri Pearce | See Remarks | 83,900 |
| Brendan E. Krueger | See Remarks | 731,498 |
| Justin J. Agnew | See Remarks | 224,394 |
| Janine J. McArdle | Director | 84,439 |
| W. Howard Keenan JR | Director | 159,706 |
| Peter A. Dea | Director | 70,823 |
| David H. Keyte | Director | 121,311 |
| John C. Mollenkopf | Director | 108,581 |
| Brooks J. Klimley | Director | 70,219 |
| Nancy Chisholm | Director | 36,223 |
| Jeffrey S. Munoz | Director | 15,419 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Michael NKennedy | $5.38M | $10.10M | $2.35M | $343 | $311 |
| FY2025 Paul Rady | $11.05M | $22.87M | $2.35M | $343 | $311 |
| FY2024 | $11.09M | $21.43M | $3.37M | $276 | $307 |
| FY2023 | $11.32M | $18.88M | $3.49M | $215 | $324 |
| FY2022 | $10.53M | $14.03M | $3.01M | $171 | $315 |
| FY2021 | $5.39M | $7.83M | $1.31M | $140 | $209 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Michael N. Kennedy Chief Executive Officer and President, Director, Former Sr. Vice President—Finance | $242.43K | – | $4.34M | $789.75K | $5.67K | $5.38M | +13% |
| Yvette K. Schultz Sr. Vice President—Legal, Chief Compliance Officer, General Counsel and Corporate Secretary, Director | $150.86K | $90.16K | $2.65M | $258.14K | $5.67K | $3.16M | +8% |
| Brendan E. Krueger Sr. Vice President—Finance and Treasurer, Former Chief Financial Officer | $155.68K | – | $2.65M | $348.30K | $5.67K | $3.16M | +31% |
| Justin J. Agnew Chief Financial Officer, Vice President—Finance | $79.15K | – | $505.21K | $149.31K | $4.75K | $738.42K | – |
| Paul M. Rady Chairman Emeritus, Former Chairman of the Board of Directors, Chief Executive Officer and President | $271.58K | – | $10.10M | $669.08K | $5.67K | $11.05M | -0% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- May 5, 2017
- Offer price
- $23.50
- Exchange
- NYSE
- First trading day
- May 4, 2017
- First-day close
- $22.00-6.4%
- Lock-up ends (est.)
- Oct 31, 2017
“Per Common Share Total Initial public offering price $23.50 $875,375,000 Underwriting discount (1) $1.0575 $39,391,875 Proceeds to the selling shareholder $22.4425 $835,983,125 (1) We refer you to "Underwriting" beginning on page 245 of this prospectus for additional information regarding underwriting compensation.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, 632 people were concurrently employed by us and Antero Resources pursuant to these arrangements.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Feb 3, 2026 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 29, 2019 | Deregistration | Termination of SEC registration (Form 15) |
| Mar 13, 2019 | Delisting | Notice of delisting from exchange (Form 25) |
| Mar 12, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 12, 2019 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Mar 11, 2019 | Name change | Name changed from Antero Midstream GP LP to Antero Midstream Corp |
| Jan 31, 2019 | Merger vote | Definitive merger proxy statement |
| Nov 5, 2018 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| May 5, 2017 | Name change | Name changed from Antero Resources Midstream Management LLC to Antero Midstream GP LP |
| May 5, 2017 | IPO | Initial public offering priced (424B4 prospectus) |
| Apr 27, 2017 | Listing | Registration of securities on an exchange (Form 8-A) |
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