CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 13F: Adds $2.5M to AM Stake

Cushing Asset Management, LP dba NXG Investment Management boosted its position in Antero Midstream Corporation (AM) by 123,400 shares, increasing its total holdings to 374,400 shares.

AM Antero Midstream Corporation

$20.79 ▲ +19.76% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Antero Midstream Fits in Cushing Asset Management's Portfolio

Antero Midstream now accounts for 0.53% of Cushing's total reported portfolio, ranking 37th out of 73 positions. The increase of 123,400 shares represents a 49.2% boost in this stake.

Other Institutional Activity in Antero Midstream

Invesco reduced its holdings by 1,887,123 shares, ending with 21,556,903 shares worth about $497.9 million. Neuberger Berman Group, LLC added 162,180 shares, bringing its total to 7,434,848 shares valued at approximately $154.6 million. Gotham Asset Management increased its stake by 35,580 shares, now holding 2,166,904 shares worth around $50.0 million.

Antero Midstream Corporation Stock Down 0.3%

Antero Midstream shares closed at $20.79 on October 26, 2026, and recently traded at the same price. The stock is currently below its 50-day and 200-day moving averages by about 3%, and is 12.8% off its 52-week high of $23.84.

Recent Earnings

Antero Midstream reported trailing twelve-month revenue of approximately $1.31 billion, with a net margin of 30.4%. The next earnings report is scheduled for October 28, 2026.

Dividend

Antero Midstream pays an annual dividend of $0.90 per share, yielding about 4.33%. The payout ratio stands at 108.4%.

Insider Buying and Selling at Antero Midstream Corporation

Recently, CEO Michael N. Kennedy sold 100,000 shares on May 4, 2026, at an average price of $21.92, totaling about $2.2 million. General Counsel Yvette K. Schultz also sold 69,269 shares for approximately $1.5 million on the same date.

Analysts Set New Price Targets

On August 3, 2026, Wells Fargo maintained an Equal-Weight rating on Antero Midstream with a price target of $24.00, up from $23.00. UBS also maintained a Neutral rating with a target of $22.00 on September 21, 2026, down from $24.00. The consensus recommendation is to hold, with a mean price target of $24.00 from seven analysts.

About Antero Midstream

Antero Midstream Corporation focuses on midstream energy assets in the Appalachian Basin. It operates in gathering, processing, and water handling, providing essential services for natural gas and NGLs from Antero Resources' wells.

Bottom Line

Investors should keep an eye on Antero Midstream's upcoming earnings report on October 28, 2026, and watch for any further changes in institutional ownership following this recent filing.