Antero Midstream's Earnings Per Share Growth and Revenue Increase.

Antero Midstream (NYSE:AM) is a company with a history of loss-making, but its recent earnings per share (EPS) growth of 12% per year over the last three years suggests potential. The company's revenue grew by 7.1% to $1.2b, and insiders own a significant portion of shares, providing incentives to align their actions with shareholders. However, investors should remain cautious when investing in loss-making companies.

Antero Midstream Corporation (NYSE:AM) has shown significant improvements in its financial performance, with a notable 12% year-over-year growth in earnings per share (EPS) over the last three years. The company's revenue grew by 7.1% to $1.2 billion, indicating a positive trend in its operational efficiency. This growth has been accompanied by a strategic transition in leadership, with Paul M. Rady stepping down as CEO, President, and Board Chairman, and being succeeded by Mike Kennedy [2].

The company's recent financial performance is a testament to its ability to turn around its historical losses. Antero Midstream's free cash flow guidance was recently increased by $25 million, reflecting strong gathering and processing volume growth, capex efficiency improvements, and reduced cash income taxes. This increase resulted in a 9% boost in its free cash flow after dividends, providing additional funds for share repurchases and debt reduction [1].

The new leadership at Antero Midstream is expected to maintain the company's strategic continuity, as evidenced by the appointment of Mike Kennedy as the new CEO and Brendan Krueger as the new CFO. This transition is part of a well-planned succession strategy, aimed at ensuring the company's long-term growth and stability [3].

While Antero Midstream's recent performance is encouraging, investors should remain cautious when considering investments in loss-making companies. The company's significant insider ownership provides incentives for alignment with shareholders, but the potential risks associated with its historical losses should not be overlooked.

References:
[1] https://seekingalpha.com/article/4812622-antero-midstream-incremental-improvements-result-in-a-25-million-boost-to-fcf-guidance
[2] https://www.stocktitan.net/news/AR/antero-resources-and-antero-midstream-announce-co-founder-paul-m-nodpl4pck3tc.html
[3] https://www.marketscreener.com/news/antero-resources-antero-midstream-name-michael-kennedy-as-ceo-brendan-krueger-as-cfo-ce7c51d9df8ef221