Antero Midstream: The Dream Stock?
What is Antero Midstream?
“Antero Midstream Corporation owns and operates midstream energy assets servicing rich gas production in two of the lowest cost natural gas and natural gas liquids (NGL) basins in North America: the Marcellus Shale and Utica Shale.” - https://www.anteromidstream.com/
Antero midstream (Stock: AM) has to be the best Stock for dividend because it’s cheap and you can stack it. Antero Midstream has a $.225 dividend per Share, it’s a stock for the common folk. Antero Midstream has paid every quarter since 2014 when they started dividend payments. Although to be transparent they do have a 130.43% payout ratio, which means they pay out MORE then they keep, which can/may be very risky. The annual dividend is $.90 per share.
I’ve been watching Antero Midstream, specifically, for going on 3 years now. I do have 210 shares of it. I started buying at ~$7 and bought up to $10.75.
The stock has highs and lows. It generally stays between $9.45-$10.50. It has gone down to $8.86, and has gone as high as $11.70 I’ve seen. If you see Antero Midstream under $9.50…thats a fire sale! Buy it all! Then you just use the dividend to buy more Antero, or other stocks. *not financial advise*
Antero Midstream is the perfect place to start investing.
I have no interest in ever selling Antero Midstream because of the high dividend that stacks. This is not pump and dump. A lot of articles will do that to you, tell you to buy-then they sell, or sell then they buy! Can’t trust them. Now maybe I’ve put myself in that group now that I wrote articles about stocks but I stand by the company *not financial advise*
Stock stability: 6/10
Stock dividend: 10/10
Stock longevity: 7/10
Short sale or hold: HOLD!
Stock overall: 8/10
C.W