Antero Midstream Lifts 2027 EBITDA Growth Outlook to Double Digits

Antero Midstream expects EBITDA to grow at a double-digit rate in 2027, raising its outlook from the high-single-digit growth expectation it gave in July. CEO and President Michael Kennedy tied the higher projection to two growth pads and integration of the company’s HG water system during an Oct. 29 earnings call. “Looking ahead to 2027, these growth pads and water system integration are expected to drive double-digit year-over-year EBITDA growth,” Kennedy said. Water operations have started for two drilled-but-uncompleted growth pads, which Antero Midstream expects to add throughput in 2027.

Source: TokenPost