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Antero Midstream (Antero Midstream) Scaled Net Operating Assets : 0.92 (As of Mar. 2024)


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What is Antero Midstream Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Antero Midstream's operating assets for the quarter that ended in Mar. 2024 was $5,723 Mil. Antero Midstream's operating liabilities for the quarter that ended in Mar. 2024 was $424 Mil. Antero Midstream's Total Assets for the quarter that ended in Dec. 2023 was $5,738 Mil. Therefore, Antero Midstream's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.92.


Antero Midstream Scaled Net Operating Assets Historical Data

The historical data trend for Antero Midstream's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Antero Midstream Scaled Net Operating Assets Chart

Antero Midstream Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 126.50 0.88 0.96 1.00 0.93

Antero Midstream Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.95 0.94 0.93 0.92

Competitive Comparison of Antero Midstream's Scaled Net Operating Assets

For the Oil & Gas Midstream subindustry, Antero Midstream's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Antero Midstream's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Antero Midstream's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Antero Midstream's Scaled Net Operating Assets falls into.



Antero Midstream Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Antero Midstream's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(5737.552-372.671)/5791.32
=0.93

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5737.618 - 0.066
=5737.552

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3585.887 - 3213.216 - 0
=372.671

Antero Midstream's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(5723.153-423.989)/5737.618
=0.92

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5749.241 - 26.088
=5723.153

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3598.862 - 3174.873 - 0
=423.989

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Antero Midstream Scaled Net Operating Assets Related Terms

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Antero Midstream (Antero Midstream) Business Description

Industry
Traded in Other Exchanges
Address
1615 Wynkoop Street, Denver, CO, USA, 80202
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. The company has two operating segments; the Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collect and process production from Antero Resources wells in West Virginia and Ohio and the Water Handling segment includes two independent systems that deliver water from sources including the Ohio River, local reservoirs and several regional waterways. It derives a majority of its revenue from the Gathering and Processing segment.
Executives
Janine J Mcardle director 9337B KATY FREEWAY, #155, HOUSTON TX 77024
Brooks J Klimley director
Sheri Pearce officer: See Remarks 1615 WYNKOOP ST., DENVER CO 80202
Michael N. Kennedy officer: Chief Financial Officer 707 - 17TH STREET, SUITE 3600, DENVER CO 80202
David H Keyte director 1615 WYNKOOP STREET, DENVER CO 80902
Nancy Chisholm director 1615 WYNKOOP STREET, DENVER CO 80202
Keenan W Howard Jr director 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Brendan E. Krueger officer: See Remarks 1615 WYNKOOP STREET, DENVER CO 80202
Yvette K Schultz officer: See Remarks 1615 WYNKOOP STREET, DENVER CO 80202
Paul M Rady director, officer: Chairman & CEO 1625 17TH STREET, DENVER CO 80202
Warren Glen C Jr director, officer: President & Secretary 1625 17TH STREET, DENVER CO 80202
K. Phil Yoo officer: VP-Accounting, CAO 1625 17TH STREET, DENVER CO 80202
Warburg Pincus Private Equity X O&g, L.p. director, 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Peter Kagan director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Yorktown Energy Partners Viii, L.p. director, 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022