Positive News Coverage Somewhat Unlikely to Affect Antero Midstream GP (AMGP) Stock Price

Headlines about Antero Midstream GP (NYSE:AMGP) have been trending positive on Tuesday, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Antero Midstream GP earned a news sentiment score of 0.25 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.4402184234182 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the media stories that may have effected Accern’s analysis:

Shares of Antero Midstream GP (AMGP) traded up $0.12 on Tuesday, hitting $20.72. 1,180,000 shares of the company’s stock were exchanged, compared to its average volume of 1,200,000. Antero Midstream GP has a 52 week low of $16.62 and a 52 week high of $22.87.

Antero Midstream GP (NYSE:AMGP) last announced its quarterly earnings results on Wednesday, November 1st. The company reported $0.02 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.04). The company had revenue of $19.07 million during the quarter, compared to analyst estimates of $19.44 million. Antero Midstream GP had a net margin of 4.41% and a return on equity of 17.95%. equities research analysts expect that Antero Midstream GP will post 0.18 earnings per share for the current year.

A number of analysts recently issued reports on AMGP shares. Scotiabank restated a “hold” rating and set a $24.00 target price on shares of Antero Midstream GP in a research report on Wednesday, October 4th. Seaport Global Securities started coverage on shares of Antero Midstream GP in a research report on Tuesday, October 10th. They set a “buy” rating and a $26.00 target price on the stock. Zacks Investment Research upgraded shares of Antero Midstream GP from a “sell” rating to a “hold” rating in a research report on Tuesday, October 17th. Robert W. Baird restated a “buy” rating and set a $28.00 target price on shares of Antero Midstream GP in a research report on Friday, November 3rd. Finally, Wells Fargo & Co upgraded shares of Antero Midstream GP from a “market perform” rating to an “outperform” rating in a research report on Monday, November 6th. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $26.18.

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About Antero Midstream GP

Antero Midstream GP LP, formerly Antero Resources Midstream Management LLC, owns, operates and develops midstream energy infrastructure. The Company’s segments include gathering and processing and water handling and treatment. The gathering and processing segment consist of long-term, fee-based activities including low-pressure gathering, compression, high-pressure gathering, processing, fractionation, and condensate gathering.

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