Investing.com - Antero Midstream (NYSE:AM) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Antero Midstream announced earnings per share of $0.200 on revenue of $231.030. Analysts polled by Investing.com anticipated EPS of $0.190 on revenue of $249.34M.
Antero Midstream shares are up 102.69% from the beginning of the year, still down 10.94% from its 52 week high of $11.56 set on April 20.
Antero Midstream shares gained 0.49% in after-hours trade following the report.
Antero Midstream follows other major Energy sector earnings this month
Antero Midstream's report follows an earnings beat by Schlumberger on Friday, who reported EPS of $0.63 on revenue of $7.5B, compared to forecasts EPS of $0.5507 on revenue of $7.1B.
Valero Energy had missed expectations on Tuesday with third quarter EPS of $7.14 on revenue of $44.45B, compared to forecast for EPS of $7.33 on revenue of $38.86B.
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