Shares of Antero Midstream Corporation (NYSE:AM) traded at a new 52-week high today of $9.69. This new high was reached on below average trading volume as 1.2 million shares traded hands, while the average 30-day volume is approximately 7.1 million shares.
Antero Midstream Corporation share prices have moved between a 52-week high of $9.69 and a 52-week low of $1.69 and are now trading 447% above that low price at $9.24 per share.
Antero Midstream Corp is a midstream company that owns, operates and develops midstream energy infrastructure services and production activity in the Appalachian Basin’s Marcellus Shale and Utica Shale located in West Virginia and Ohio. Its assets consist of gathering pipelines, compressor stations, interests in processing and fractionation plants, and water handling and treatment assets. The company, through its wholly-owned subsidiary Antero Midstream Partners and its affiliates, provides midstream services to Antero Resources Corp under long-term contracts.
Antero Midstream Corporation (NYSE:AM) has potential upside of 0.6% based on a current price of $9.24 and analysts’ consensus price target of $9.30.
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