Antero midstream announces impairment expense for the third quarter ended september 30, 2019; revises earnings guidance for the year 2019

Antero midstream announced impairment expense for the third quarter ended september 30, 2019. for the quarter, the company reported impairment expense of $457,478,000 compared to $1,157,000 a year ago. impairment of property and equipment was $407,848,000 and impairment of goodwill was $43,759,000. the company is revising its 2019 gaap net income guidance from a range of $305 to $365 million to a net loss range of $55 million to $45 million as a result of the non-cash impairment of the antero clearwater facility.
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