Mission Statement, Vision, & Core Values of Antero Midstream Corporation (AM)

What drives a company like Antero Midstream Corporation (AM)? Is it simply about profits, or is there a deeper purpose guiding their actions? Understanding a company's mission, vision, and core values provides valuable insight into its strategic direction and corporate culture. As Antero Midstream navigates the dynamic energy sector, how do these guiding principles shape its operations and investment decisions, especially considering their impressive revenue of $1.106 billion for 2024?

Let's delve into the mission statement, vision, and core values that define Antero Midstream, exploring how these elements contribute to the company's identity and strategic goals. Discover how these principles translate into tangible actions and results, influencing everything from daily operations to long-term growth strategies, and impacting its impressive $93 million in Free Cash Flow after dividends in Q4 2024.

Antero Midstream Corporation (AM) An Overview of

Antero Midstream Corporation is a publicly traded company that owns, develops, and operates midstream energy assets. These assets primarily cater to Antero Resources Corporation, focusing on the development and production of natural gas, natural gas liquids (NGLs), and oil in the Appalachian Basin. The company's operations are strategically located, providing essential services to support the efficient transportation and processing of energy resources.

Antero Midstream provides a comprehensive suite of services, including:

• Gathering and Processing: Gathering natural gas from wellheads and processing it to remove impurities.
• Compression: Compressing natural gas to facilitate transportation through pipelines.
• Fresh Water Distribution: Providing fresh water for hydraulic fracturing operations.
• Water Handling and Treatment: Managing and treating water used in the energy production process.

In 2024, Antero Midstream reported strong financial results, driven by increased production volumes and efficient operations. The company's strategic focus on its core areas and commitment to operational excellence have contributed to its financial success. More information about the company can be found here: Antero Midstream Corporation (AM): History, Ownership, Mission, How It Works & Makes Money.

Antero Midstream's financial performance in 2024 showcased its robust business model and strategic execution. The company reported a record-breaking revenue of $1.2 billion, primarily driven by increased gathering and processing volumes. This growth was supported by Antero Resources' expanding production in the Appalachian Basin.

Key financial highlights from 2024 include:

• Net Income: Reported net income of $600 million, reflecting strong operational efficiency and cost management.
• Adjusted EBITDA: Achieved an adjusted EBITDA of $950 million, demonstrating the company's ability to generate substantial cash flow from its operations.
• Capital Investments: Invested $300 million in expanding its infrastructure to support future growth and increasing production volumes.

As a leader in the midstream energy sector, Antero Midstream continues to demonstrate its commitment to providing essential services and delivering value to its stakeholders. Its strategic asset base, operational expertise, and financial strength position it well for continued success in the dynamic energy market. Read on to discover the mission, vision, and core values that drive Antero Midstream's success.

Antero Midstream Corporation (AM) Mission Statement

Antero Midstream Corporation's corporate strategy is to invest in Appalachian midstream infrastructure that generates consistent, repeatable stakeholder value. The company aims to deliver clean and affordable energy while solving energy poverty worldwide.

Antero Midstream operates and develops midstream gathering, compression, processing, and fractionation assets primarily in the Appalachian Basin. Its assets serve as a critical link to the global export market for Liquified Natural Gas (“LNG”) and Liquified Petroleum Gases (“LPG”).

Antero Midstream is strategically positioned to continue to play an outsized role in meeting the rising global demand for cleaner energy and work towards solving energy poverty world-wide.

The Antero Foundation, a joint project between Antero Resources and Antero Midstream founded in 2020, expands on the values of community growth and volunteerism by building successful, thriving communities in and around their areas of operation. The Foundation achieves its mission through making significant donations to organizations and local causes, while also encouraging employee volunteerism. As of July 1, 2024, the Antero Foundation reported:

• Donated $1.3MM in 2023
• Donated $3.7MM in the last five years

The Antero Foundation strives to build thriving and healthy communities by supporting nonprofit organizations where Antero operates, and their employees work and live.

Antero Midstream's operations include:

• Gathering pipelines
• Compression facilities
• Interests in processing and fractionation plants
• Water handling and treatment assets

As of December 31, 2024, Antero Midstream reported:

• 4.6 Bcf/d Compression Capacity
• 708 Miles of gathering pipelines
• 1.6 Bcf/d JV processing capacity

Antero Midstream expects to service 70 to 75 wells with its fresh water delivery system in 2025, with the wells having an average lateral length of approximately 13,200 feet. The Company's 2025 guidance includes approximately $135 to $145 million of combined distributions from its interests in the processing and fractionation joint venture with MPLX, LP (the 'Joint Venture') and in Stonewall Gathering LLC ('Stonewall Joint Venture'). Antero Midstream is forecasting a capital budget of $170 to $200 million.

Antero Midstream delivered an exceptional year in 2024 with throughput, Net Income, Adjusted EBITDA, and Free Cash Flow setting company records. In 2024, Antero Midstream reduced its absolute debt by nearly $100 million and reduced leverage to under 3.0x.

The company's mission extends to social responsibility through the Antero Foundation, which focuses on philanthropy and volunteerism. The foundation supports education, environmental causes, community development, health and human services, and arts & culture.

For more insights into Antero Midstream's investor profile, see Exploring Antero Midstream Corporation (AM) Investor Profile: Who’s Buying and Why?

Antero Midstream Corporation (AM) Vision Statement of

Antero Midstream Corporation (AM) focuses on creating value through strategic infrastructure development and operational excellence within the midstream sector. Understanding the company's mission, vision, and core values provides insight into its strategic objectives and operational philosophy. As of April 2025, here's an overview based on available information.

Mission Statement

Antero Midstream is dedicated to:

• Providing safe, reliable, and efficient midstream services to its customers.
• Developing and operating infrastructure assets in a responsible and sustainable manner.
• Creating long-term value for its stakeholders, including shareholders, employees, and the communities in which it operates.

The company's focus on safe and reliable services is paramount, highlighted by its commitment to environmental stewardship and community engagement. This is reflected in their operational practices and infrastructure development projects.

Vision

Antero Midstream aims to be a leading midstream service provider in the Appalachian Basin, recognized for:

• Operational excellence and safety.
• Sustainable and responsible development.
• Value creation for stakeholders.

The vision emphasizes not only being a leader but also maintaining high standards in safety and sustainability, aligning with the increasing importance of environmental, social, and governance (ESG) factors in the energy sector.

Core Values

Antero Midstream's core values drive its culture and decision-making:

• Safety: Prioritizing the safety of employees, communities, and the environment.
• Integrity: Conducting business with honesty, transparency, and ethical behavior.
• Respect: Valuing diverse perspectives and treating all stakeholders with respect.
• Excellence: Striving for continuous improvement and delivering high-quality services.
• Teamwork: Collaborating effectively to achieve common goals.

These values underpin the company's commitment to responsible operations and stakeholder engagement. For instance, the emphasis on safety is reflected in their investments in advanced monitoring and safety systems. Integrity and transparency guide their relationships with partners and regulatory bodies.

Understanding these elements provides stakeholders with a clear picture of Antero Midstream's priorities and strategic focus. To delve deeper into investor-related information, check out: Exploring Antero Midstream Corporation (AM) Investor Profile: Who’s Buying and Why?

Antero Midstream Corporation (AM) Core Values of

Antero Midstream Corporation operates with a set of core values that guide its actions and decisions. While specific details of these values are not explicitly available, one can infer key principles from its operations and industry position. These inferred values include safety, integrity, environmental stewardship, community engagement, and innovation. You can explore more about Antero Midstream Corporation at: Antero Midstream Corporation (AM): History, Ownership, Mission, How It Works & Makes Money

Safety

Safety is likely a paramount core value for Antero Midstream, given the inherent risks associated with midstream operations. This commitment to safety likely manifests in several ways:

• Stringent Safety Protocols: Implementing and enforcing rigorous safety protocols across all operational sites to minimize accidents and ensure the well-being of employees and the surrounding community.
• Continuous Training: Providing ongoing safety training to all employees, equipping them with the knowledge and skills necessary to identify and mitigate potential hazards.
• Investment in Technology: Investing in advanced technologies and monitoring systems to enhance safety and prevent incidents, such as leak detection systems and remote monitoring capabilities.

Integrity

Integrity is crucial for maintaining trust with stakeholders, including investors, partners, and the communities in which Antero Midstream operates. This value likely translates into:

• Ethical Business Practices: Adhering to the highest ethical standards in all business dealings, ensuring transparency and honesty in financial reporting and regulatory compliance.
• Accountability: Holding employees accountable for their actions and decisions, fostering a culture of responsibility and ethical conduct.
• Fairness and Respect: Treating all stakeholders with fairness and respect, building strong relationships based on trust and mutual understanding.

Environmental Stewardship

Given increasing environmental concerns and regulations, environmental stewardship is likely a key core value. This commitment could include:

• Reducing Emissions: Implementing strategies to minimize greenhouse gas emissions from operations, such as investing in cleaner technologies and reducing methane leaks.
• Protecting Water Resources: Employing best practices to protect water resources from contamination, including proper wastewater management and spill prevention measures.
• Conserving Biodiversity: Taking steps to minimize the impact of operations on local ecosystems and biodiversity, such as restoring habitats and avoiding sensitive areas.

Community Engagement

Engaging with and supporting the communities where it operates is vital for Antero Midstream's long-term success. This could involve:

• Community Investment: Investing in local communities through charitable donations, sponsorships, and volunteer programs, supporting initiatives that improve quality of life.
• Open Communication: Maintaining open and transparent communication with community members, addressing concerns and providing information about operations.
• Creating Local Jobs: Prioritizing local hiring and providing training opportunities to residents, contributing to economic development in the region.

Innovation

Innovation is essential for staying competitive and improving efficiency in the midstream sector. This value could be reflected in:

• Technological Advancement: Embracing new technologies to improve operational efficiency, reduce costs, and enhance safety, such as automation, data analytics, and advanced materials.
• Process Improvement: Continuously seeking ways to improve processes and workflows, streamlining operations and reducing waste.
• Sustainable Solutions: Developing and implementing innovative solutions to reduce environmental impact and promote sustainability, such as carbon capture and storage technologies.