Description

Antero Midstream Corporation Unlocks $370 Million From Veolia To Fund Its Expansion; What’s Next?

Antero Midstream Corporation reported second quarter 2026 results marked by operational growth and financial stability, underpinned by the successful integration of HG Midstream assets. The company achieved record adjusted EBITDA of $289 million, representing a 2% year-over-year increase driven primarily by a roughly 20% rise in gas gathering volumes to over 4.1 billion cubic feet per day. Capital expenditures totaled $47 million for the quarter, supporting ongoing infrastructure investments while generating $80 million of free cash flow after dividends—extending the company’s free cash flow generation streak to 12 consecutive quarters. Strategically, Antero Midstream is focused on positioning its midstream infrastructure to capture the expected escalation in regional demand, particularly associated with gas-fired power generation projects in West Virginia, including a notable 2-gigawatt combined cycle plant accessible via its joint venture pipeline.