Antero Midstream Partners LP (AM)

[Dharna]

22 million shares bought back.
OS down to 860 M shares with 20% short on 12/31/19

Any good news will be a nice bounce.
Also kept the dividend.
17% on my money. I'm ??

[Dharna]

I think we are fine here. Up 30% and haven't seen any reason as to why they cut dividend. Oil is down energy sector is fair

[desertplay]

Great to see this continuous climb.

[r clarke]

Agree, currently quite undervalued.

... and yes, the dividend looks safe

... but how long will they pay such a high percentage now that price has fallen?

So far company seems committed to the high dividend, probably knowing
how a cut would affect pps

Have you seen this before?



Goes ex-dividend end of January?







"
I like this one. At this price you receive a 27% dividend. Nice to get the return as long as the company stays afloat which from all intents purposes seems that is the case.

Note. 500 block bought.

[Dharna]

I like this one. At this price you receive a 27% dividend. Nice to get the return as long as the company stays afloat which from all intents purposes seems that is the case.

Note. 500 block bought.

[ADVFN_sidvicious]

Nice patience and restraint brother, have a great week

[r clarke]

Buying today as this is down 7%

part of it is ex-dividend today

with bad China / gas news


Think this will pop back to $7 in next couple of days!

[ADVFN_sidvicious]

I like the revenue per employee, free cash and absolutely the buy back.

[r clarke]

I like AM due to depressed price, pipeline assets and divi

The others are doing well today, but I havent been following them









"I new to this forum.. are you following DNR, WPX & NESR.

These are holdings of mine that are in the AM mindset

[Squibby2001]

Are You Following Me Penny

TheRealPhantom says Hello FREDDIE

[ADVFN_sidvicious]

I new to this forum.. are you following DNR, WPX & NESR.

These are holdings of mine that are in the AM mindset

[ADVFN_sidvicious]

The 300 buy-back will absolutely help

[Pennybuster]

Added more. Its been a falling knife but with buy back and 10% yield the bottom may be in.

[r clarke]

General panic and very suppressed gas prices.

... but people forget the nature of the business, pipelines
help with stabilized revenues to some degree.

Bought today at $6.62 and its moved up to around $6.94 near the close.

$300M buyback may help

Bad day, but AM came back a bit and certainly wasnt the worst stock in the
portfolio.







"Although I do not know why there is a panic sell off... (if you have insight, I would like to see....) I will be adding even more. The Dividends AND Valuation for a 6B Company... the eps is POSITIVE and the next 2 years forecast (substantially) a company headed towards growth!"

[ADVFN_sidvicious]

R Clark - Although I do not know why there is a panic sell off... (if you have insight, I would like to see....) I will be adding even more. The Dividends AND Valuation for a 6B Company... the eps is POSITIVE and the next 2 years forecast (substantially) a company headed towards growth!

[ADVFN_sidvicious]

R Clark... agreed, enter plan on flip 2020

[r clarke]

I think its worth picking up some shares at $9


Michael Boyd:

Appalachian natural gas production, absent an outright collapse in natural gas pricing, is assuredly heading higher.

While the bull/bear case for E&Ps might be mixed on that outlook, pipelines assuredly benefit.

Despite heavy exposure to gathering and processing assets and heavy reliance on Antero Resources, the firm has a great risk/reward profile.

[Pennybuster]

$AM 11.38

Bounce This Morning.

Annual Dividend 10.87%

#Oil #Energy #Stocks

[r clarke]

Rating Action: Moody's upgrades Antero Midstream's notes to Ba3, affirms Ba2 CFR

20 Feb 2019

Approximately $600 million of new notes rated
New York, February 20, 2019 -- Moody's Investors Service ("Moody's") upgraded Antero Midstream Partners LP's (AM) 5.375% senior unsecured notes to Ba3 from B1 and concurrently assigned a Ba3 rating to the company's proposed $600 million senior unsecured notes. Moody's also affirmed the company's Ba2 Corporate Family Rating (CFR), Ba2-PD Probability of Default Rating (PDR), and SGL-3 Speculative Grade Liquidity Rating. The rating outlook remains positive.

"The upgrade of the notes reflects an increased proportion of unsecured debt in AM's capital structure following the issuance of the proposed unsecured notes pursuant to the simplification transaction," said Sajjad Alam, Moody's senior analyst.

Upgrades:

..Issuer: Antero Midstream Partners LP

...5.375% senior unsecured notes due 2024, Upgraded to Ba3 (LGD5) from B1 (LGD5)

Assignments:

..Issuer: Antero Midstream Partners LP

....Proposed senior unsecured notes due 2027, Assigned Ba3 (LGD5)

Affirmations:

..Issuer: Antero Midstream Partners LP

.... Probability of Default Rating, Affirmed Ba2-PD

.... Speculative Grade Liquidity Rating, Affirmed SGL-3

.... Corporate Family Rating, Affirmed Ba2

Outlook Actions:

..Issuer: Antero Midstream Partners LP

....Outlook, Remains Positive

RATINGS RATIONALE

With the new debt offering, AM will be able to free up revolver availability to comfortably fund the roughly $600 million cash portion of the simplification transaction that is expected to close in March 2019. The acquisition of AM by its general partner Antero Midstream GP (AMGP, unrated) will add $600 million of incremental debt increasing the debt/EBITDA ratio of the combined entity to 3.2x from AM's 2.4x level at December 31, 2018. However, the transaction will also simplify the corporate structure, and reduce future distribution burden as well as the cost of capital by eliminating incentive distribution rights, partially offsetting the negative impacts of higher leverage.

The unsecured notes are rated Ba3, one notch below AM's Ba2 CFR under Moody's Loss Given Default Methodology. This is because of the still significant size of AM's secured revolving credit facility, which has a $2 billion commitment amount and matures on October 26, 2022, relative to the amount of senior notes outstanding. The revolver has an all-asset pledge and has a priority-claim to all of the partnership's assets. Prior to the issuance of the new notes, the 5.375% senior unsecured notes were rated B1, or two notches beneath the Ba2 CFR, because the outstanding debt was so predominantly secured vs. unsecured.

AM's Ba2 CFR reflects its increased but still manageable financial leverage, excellent organic growth prospects, solid distribution coverage as well as its strategic and operational importance to Antero Resources. AM has long term fee-based gathering, compression and water handling contracts with Antero, and substantially all of Antero's current as well as all future acreage in West Virginia, Pennsylvania and Ohio has been dedicated to AM. Antero is one of the most active E&P operators in Appalachia where it expects to grow production at around a 15% annual rate over the next several years backed by strong natural gas hedge positions. The rating is constrained by AM's reliance on a single customer, narrow geographic focus in Appalachia, exposure to volatile drilling cycles, and significant future growth capital requirements, including $800 million through 2022 for the newly formed processing and fractionation Joint Venture (J-V) with MPLX LP (Baa3 stable). Moody's believes Antero's senior management will continue to influence AM's future growth strategy through their significant ownership interest in AM following the simplification transaction. Given its overriding reliance on Antero, AM is unlikely to be rated above Antero's rating without significantly greater customer, geographic and business diversification.

AM's SGL-3 rating reflects adequate liquidity through early-2020. The partnership will spend heavily to keep pace with Antero's projected growth and to fund AM's fractionation and processing J-V program with MPLX, significantly outspending its operating cash flow over the next two years. Moody's expects the projected funding gap to be financed with a balanced mix of debt and retained cash flow. Pro forma for the notes offering and the cash payments involving the simplification transaction, AM would have $1 billion of availability on the revolver as of December 31, 2018. Moody's expects AM to continue to term out revolver borrowings with unsecured debt to maintain a substantial liquidity cushion as growth spending continues through 2020.

AM's positive outlook reflects Antero's positive outlook and Moody's expectation of increasing earnings and declining leverage through 2020. Greater scale and diversification supportive of a higher rating level will be a key driver for any potential upgrade. An upgrade would also depend on Antero's CFR moving to a higher rating level. If Antero was upgraded, Moody's could consider upgrading AM if the partnership is able to maintain its debt to EBITDA ratio below 3x and its distribution coverage ratio (FFO -- Maintenance capex / Distributions) above 1.1x. The CFR could be downgraded if leverage approaches 4x, the distribution coverage falls below 1x or Antero's CFR is downgraded.

The principal methodology used in these ratings was Midstream Energy published in December 2018. Please see the Rating Methodologies page on www.moodys.com for a copy of this methodology.

Antero Midstream Partners LP is a Denver, Colorado based publicly traded MLP with gathering, compression, and water handling and treatment assets in northwest West Virginia and southern Ohio.

[r clarke]

Antero Midstream (AM) Q4 Earnings and Revenues Top Estimates

Antero Midstream Partners L.P.’s AM fourth-quarter 2018 adjusted earnings per limited partner unit of 53 cents beat the Zacks Consensus Estimate of 43 cents. Also, the bottom line improved from earnings of 34 cents in the year-ago quarter.




https://finance.yahoo.com/news/antero-midstream-am-q4-earnings-144202110.html

[r clarke]

Antero Midstream back above $26

Where does it head now?

[whytestocks]

News: $AM Dassault Aviation signs a binding agreement to acquire ExecuJet's MRO operations

Dassault Aviation signs a binding agreement  to acquire ExecuJet's MRO operations Saint-Cloud, France, January 21 st 2019 - Dassault Aviation and Luxaviation announced today the acquisition by Dassault Aviation of the worldwide maintenance activities of ExecuJet, a Luxaviation...

Find out more https://marketwirenews.com/news-releases/dassault-aviation-signs-a-binding-agreement-to-acquire-execujet-s-mro-operations-7317868.html

[axconth]

Down over 7%, what just happened?

[Frankiy]

I think this one has found its bottom @ around $20

[r clarke]

Down around $25, nice dividend. Anyone buying here?

[ursa]

Bounce to 0.0065 tomorrow. got 0.0042

[Timothy Smith]

Antero Midstream Partners (AM +3.4%) increases its quarterly distribution to $0.205/unit and lifts 2015 EBITDA guidance by 6% to $180M-$190M.

[Timothy Smith]

Antero Midstream (NYSE:AM): Q2 EPS of $0.13 beats by $0.02.

Revenue of $56.6M (+234.9% Y/Y) beats by $4.2M.

[WallStreetMyWay]

Sweet times..!

[whitewidow]

What do you think about this stock rallying past 17.50 coming towards their earnings? They just called in the debt from Clinton Cards, they must be making some money.

[Penny Roger$]

~ Thursday! $AM ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $AM ~ Earnings expected on Thursday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=AM&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=AM&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=AM
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=AM#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=AM+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=AM
Finviz: http://finviz.com/quote.ashx?t=AM
~ BusyStock: http://busystock.com/i.php?s=AM&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=AM >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[Penny Roger$]

American Greetings Corporation (American Greetings) is engaged in the design, manufacture and sale of everyday and seasonal greeting cards and other social expression products. The Company operates in three segments: North American Social Expression Products, International Social Expression Products and AG Interactive. Greeting cards, gift wrap, party goods, stationery and giftware are manufactured or sold by it in North America, including the United States, Canada and Mexico, and throughout the world, primarily in the United Kingdom, Australia and New Zealand. In addition, its subsidiary, AG Interactive, Inc., distributes social expression products, including electronic greetings, physical greeting cards with consumer photos, and a range of graphics and digital services and products, through electronic channels, including Web sites, Internet portals and electronic mobile devices. In March 2011, the Company acquired Watermark, a greeting card company in the United Kingdom.

http://www.google.com/finance?q=AM