Antero Midstream Partners LP owns, operates, and develops midstream energy assets which collect natural gas, and oil and condensate from wells in the Marcellus Shale in West Virginia and the Utica Shale in Ohio. The company was founded in 2013 and is based in Denver, Colorado.
AM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Antero Midstream Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Antero Midstream Corp ranked in the 97th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 9817%. As for the metrics that stood out in our discounted cash flow analysis of Antero Midstream Corp, consider:
Its compound free cash flow growth rate, as measured over the past 3.52 years, is 1.98% -- higher than 95% of stocks in our DCF forecasting set.
Antero Midstream Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -2.4. This coverage rate is greater than that of only 16.51% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Antero Midstream Corp experienced a tax rate of about 30% over the past twelve months; relative to its sector (Energy), this tax rate is higher than 91.47% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Antero Midstream Corp? See WTI, GEOS, EOG, NBLX, and PAGP.
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