| Antero Midstream is a holding company. Through its subsidiaries, Co. owns, operates and develops midstream energy infrastructure primarily to service Antero Resources Corp. (Antero Resources) and its production and completion activity in the Appalachian Basin. Co.'s segments include: gathering and processing and water handling. 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. Co.'s water handling segment includes two independent systems that deliver fresh water from sources including the Ohio River, local reservoirs and several regional waterways. The AM average annual return since 2017 is shown above.
The Average Annual Return on the AM average annual return since 2017 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether AM average annual return since 2017 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the AM average annual return calculation with any dividends reinvested as applicable (on ex-dates).