Commenting on the results, Paul Rady, Chairman and CEO, saidBased upon the consideration elections made by AM unitholders other than Antero Resources ("AM public unitholders") pursuant to the simplification agreement, in exchange for each AM common unit held:Investors with questions regarding these proration results should contact MacKenzie Partners, Inc. at (212) 929-5500.SOURCE Antero Midstream Partners LP; Antero Midstream GP LP Delayed quotes by Sungard.NYSE and AMEX data is at least 20 minutes delayed. Investors interested in the energy sector can opt for a better-ranked stock as given below:In addition to the stocks discussed above, wouldn't you like to know about our 10 finest buy-and-holds for the year?From more than 4,000 companies covered by the Zacks Rank, these 10 were picked by a process that consistently beats the market. Zacks Ranks stocks can, and often do, change throughout the month. Even during 2018 while the market dropped -5.2%, our Top 10s were up well into double-digits. This includes personalizing content and advertising. The previously announced simplification transaction was subject to, among other things, the approval of holders of a majority of the shares held by AMGP Shareholders and the approval of holders of a majority of the AMGP shares held by AMGP's shareholders excluding the original private equity sponsors, Series B holders, and affiliates of AMGP's general partner. This recent move by Antero Midstream Partners and Antero Midstream depicts a similar story. Headquartered in Denver, Colorado, we are focused on creating value through… The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. This information will only be used for this request. ZacksTrade and Zacks.com are separate companies. See its 7 best stocks FREE.We need the following information so we can identify you in our systems. The transaction was also subject to the approval of holders of a majority of the AM units held by AM unitholders and the approval of holders of a majority of the AM units held by AM unitholders other than Antero Resources Corporation ("Antero Resources"), the original private equity sponsors, the Series B holders and affiliates of AM's general partner. A recent pick, Maxar, skyrocketed For 32 years, our Strong Buy list has averaged returns more than twice the market. Given the current commodity price environment, the companies are either going back to traditional corporate structure or bringing the MLPs back to their businesses, which they once formed. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.Real time prices by BATS. The joint venture entered into on February 6, 2017 between Antero Midstream Partners L.P. (“Antero Midstream Partners”), which is our wholly owned subsidiary, and … The MarketWatch News Department was not involved in the creation of this content. Approximately 93.8% of the outstanding AM common units voted to approve the simplification agreement and related transactions, including 86.8% of the outstanding AM common units held by AM unitholders other than Antero Resources, the original private equity sponsors, the Series B holders and affiliates of AM's general partner.Based on the results from AMGP's special meeting to approve the simplification agreement and the related transactions, approximately 91.9% of the outstanding AMGP common shares were voted in person or by proxy. The new entity is named Antero Midstream Corporation and starts trading on the NYSE on Mar 13, 2018, under the ticker AM. The monthly returns are then compounded to arrive at the annual return. Antero Midstream is a Corporation formed by Antero Resources Corporation to service its rapidly increasing natural gas and NGL production in the Appalachian Basin. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. The simplification transaction is expected to close on March 12, 2019. On October 9, 2018, Antero Midstream and AMGP announced that they entered into a definitive agreement for AMGP to acquire all outstanding AM common units, both those held by the public and those held by Antero Resources Corporation (NYSE: AR), in a stock and cash transaction. The share amount received by Antero Resources represents 31% current ownership in the new entity. Net production in 2019 is expected in the range of 3,150-3,250 million cubic feet equivalent per day.Antero Midstream has lost 27.2% in the past year against 1.2% collective gain of the Currently, Antero Midstream has a Zacks Rank #3 (Hold). Since 1988 it has more than doubled the S&P 500 with an average gain of +24.33% per year. These assets are located in Ohio and West Virginia. This may take up to 72 hours, if you do not receive this verification email, please contact us at This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. The new entity now owns, operates and develops midstream gathering, compression, processing and fractionation properties. Antero Midstream does not have any long cycle time projects that result in an inflexible capital budget and as a result, our leverage is expected to … Per the deal, Antero Resources received $297 million in … Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The new entity can now have a place in retirement accounts of investors (IRAs), wherein current MLPs cannot go.The move, which was announced on Oct 9, 2018, is expected to enable Antero Midstream Corporation save $375 million from tax payments over the 2019-2022 period.