Antero Midstream Partners Lp (AM): Michael N. Kennedy , officer of Antero Midstream Partners Lp sold 13,274 shares on Jun 13, 2016. The Insider selling transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were sold at $25.65 per share for a total value of $340,451.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 9, 2016, Michael N. Kennedy (officer ) sold 2,335 shares at $25.05 per share price.
Antero Midstream Partners LP: On Friday, Jun 10, 2016 heightened volatility was witnessed in Antero Midstream Partners LP which led to swings in the share price. The shares opened for trading at $24.26 and hit $26.52 on the upside , eventually ending the session at $25.35, with a gain of 4.41% or 1.07 points. The heightened volatility saw the trading volume jump to 14,50,026 shares. The 52-week high of the share price is $29.55 and the company has a market cap of $4,466 M . The 52-week low of the share price is at $16.47.
Company has been under the radar of several Street Analysts.Antero Midstream Partners LP is Upgraded by Robert W. Baird to Outperform and the brokerage firm has raised the Price Target to $ 38 from a previous price target of $29 .Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jun 9, 2016.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.