| Antero Midstream is a a holding company. Through its subsidiary, Antero Midstream Partners GP LLC, Co. owns, operates and develops midstream energy infrastructure primarily to service Antero Resources Corp. and its production and completion activity in the Appalachian Basin's Marcellus Shale and Utica Shale located in West Virginia and Ohio. Co.'s assets consist of gathering pipelines, compressor stations, and interests in processing and fractionation plants that collect and process production from Marcellus and Utica Shales in West Virginia and Ohio. Co.'s assets also include fresh water delivery systems that deliver fresh water from the Ohio River 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).