Antero Midstream Partners LP (AM)
Antero Midstream Corporation is a premier provider of midstream energy infrastructure, focused on the transportation, processing, and storage of natural gas, natural gas liquids, and water. Headquartered in Denver, Colorado, the company leverages strategic assets to facilitate the efficient movement of hydrocarbons, primarily in the Appalachia region. With a commitment to operational excellence and sustainability, Antero Midstream plays a critical role in supporting the natural gas supply chain, aligning with the growing demand for cleaner energy solutions. Its integrated approach offers investors a unique opportunity to capitalize on the robust growth within the energy sector.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 34.59% per annum.
- AM price at the close of October 30, 2025 was $17.49 and was lower than the bottom border of the primary price channel by $0.52 (2.87%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 66.07% per annum.
- AM price at the close of October 30, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of AM price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: February 3, 2023
End date: October 9, 2025
a = 1.4844
b = 0.0008
s = 0.0386
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 34.59%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0386) – 1
= 16.68%
February 3, 2023 calculations
Top border of price channel:
Exp(Y567)
= Exp(a + b × X567 + 2 × s)
= Exp(a + b × 823 + 2 × s)
= Exp(1.4844 + 0.0008 × 823 + 2 × 0.0386)
= Exp(2.2313)
= $9.31
Bottom border of price channel:
Exp(Y567)
= Exp(a + b × X567 – 2 × s)
= Exp(a + b × 823 – 2 × s)
= Exp(1.4844 + 0.0008 × 823 – 2 × 0.0386)
= Exp(2.0770)
= $7.98
October 9, 2025 calculations
Top border of price channel:
Exp(Y1,239)
= Exp(a + b × X1,239 + 2 × s)
= Exp(a + b × 1,802 + 2 × s)
= Exp(1.4844 + 0.0008 × 1,802 + 2 × 0.0386)
= Exp(3.0280)
= $20.66
Bottom border of price channel:
Exp(Y1,239)
= Exp(a + b × X1,239 – 2 × s)
= Exp(a + b × 1,802 – 2 × s)
= Exp(1.4844 + 0.0008 × 1,802 – 2 × 0.0386)
= Exp(2.8737)
= $17.70
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 34.59% per annum.
- AM price at the close of October 30, 2025 was $17.49 and was lower than the bottom border of the primary price channel by $0.52 (2.87%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: September 24, 2025
End date: October 30, 2025
a = 8.2572
b = -0.0030
s = 0.0119
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0030) – 1
= -66.07%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0119) – 1
= 4.87%
September 24, 2025 calculations
Top border of price channel:
Exp(Y1,228)
= Exp(a + b × X1,228 + 2 × s)
= Exp(a + b × 1,787 + 2 × s)
= Exp(8.2572 + -0.0030 × 1,787 + 2 × 0.0119)
= Exp(2.9892)
= $19.87
Bottom border of price channel:
Exp(Y1,228)
= Exp(a + b × X1,228 – 2 × s)
= Exp(a + b × 1,787 – 2 × s)
= Exp(8.2572 + -0.0030 × 1,787 – 2 × 0.0119)
= Exp(2.9416)
= $18.95
October 30, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(8.2572 + -0.0030 × 1,823 + 2 × 0.0119)
= Exp(2.8826)
= $17.86
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(8.2572 + -0.0030 × 1,823 – 2 × 0.0119)
= Exp(2.8350)
= $17.03
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 66.07% per annum.
- AM price at the close of October 30, 2025 was inside the secondary price channel.