Antero Midstream Partners Lp (AM) Files Form 4 Insider Selling : Michael N. Kennedy Sells 2,335 Shares

Antero Midstream Partners Lp (AM): Michael N. Kennedy , officer of Antero Midstream Partners Lp sold 2,335 shares on May 5, 2016. The Insider selling transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were sold at $25.05 per share for a total value of $58,491.75 , the company said in a SEC Form 4 Filing.

Antero Midstream Partners LP: On Friday, May 6, 2016 heightened volatility was witnessed in Antero Midstream Partners LP which led to swings in the share price. The shares opened for trading at $24.22 and hit $24.99 on the upside , eventually ending the session at $24.64, with a gain of 0.78% or 0.19 points. The heightened volatility saw the trading volume jump to 4,90,280 shares. The 52-week high of the share price is $29.76 and the company has a market cap of $4,341 M . The 52-week low of the share price is at $16.47.

Antero Midstream Partners LP Money Flow Index Chart

Company has been under the radar of several Street Analysts.Antero Midstream Partners LP is Upgraded by Credit Suisse to Outperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 29, 2016.Antero Midstream Partners LP is Initiated by Stifel to Hold. The Rating was issued on Mar 17, 2016.

Antero Midstream Partners LP is a limited partnership formed by Antero Resources Corporation (Antero) to own operate and develop midstream energy assets. The Company’s assets consist of gathering pipelines and compressor stations through which the Company provides midstream services to Antero under. The Company’s assets are located in the southwestern core of the Marcellus Shale in northwest West Virginia and the Utica Shale in southern Ohio. The Company also provides condensate gathering services to Antero under the gathering and compression agreement.

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