AM — what changed in the latest 10-Q
A section-by-section comparison of AM's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-07-29 vs the prior 10-Q · 2026-04-29
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +33 | −9 | ~20 | 21 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 4 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 3 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-07-29
On July 24, 2026, we called for redemption all $650 million aggregate principal amount of the 2028 Notes on August 8, 2026. The redemption price will be equal to 100% of the principal amount thereof plus accrued and unpaid interest to, but excluding, the Redemption Date, and will be funded by cash o…
Benchmark prices for oil and C3+ NGLs increased significantly, while benchmark prices for natural gas and ethane decreased during the three months ended June 30, 2026 as compared to the same period of 2025. Benchmark prices for oil and natural gas increased, while benchmark prices for C3+ NGLs remai…
Revenues. Total revenues increased by 7%, from $305 million for the three months ended June 30, 2025 to $327 million for the three months ended June 30, 2026. Total revenues included amortization of customer relationships of $18 million and $23 million for the three months ended June 30, 2025 and 20…
●Compression revenue increased $5 million period over period primarily due to increased compression volumes of 54 Bcf, or 589 MMcf/d, from the HG Acquisition and 80 wells that were connected to our system between periods and increased centralized compression rates as a result of annual CPI-based adj…
●High pressure gathering revenue decreased $6 million period over period primarily due to decreased throughput volumes of 21 Bcf, or 235 MMcf/d, primarily due to the Utica Shale Divestiture and natural production decline of the wells connected to our system between periods, partially offset by incre…
Text removed vs the prior filing · source: 10-Q · 2026-04-29
Benchmark prices for natural gas increased significantly, while benchmark prices for oil remained relatively consistent and benchmark prices for C3+ NGLs and ethane decreased during the three months ended March 31, 2026 as compared to the same periods of 2025. While substantially all of our revenues…
Revenues. Total revenues increased by 8%, from $291 million for the three months ended March 31, 2025 to $314 million for the three months ended March 31, 2026. Total revenues included amortization of customer relationships of $18 million and $21 million for the three months ended March 31, 2025 and…
●Compression revenue increased $5 million period over period primarily due to on-pad compression cost plus 3% fees from the HG Acquisition of $4 million and increased centralized compression rates as a result of annual CPI-based adjustments, as well as increased throughput volumes to centralized com…
●High pressure gathering revenue increased $2 million period over period primarily due to increased high pressure gathering rates as a result of annual CPI-based adjustments, as well as increased throughput volumes of 2 Bcf, or 27 MMcf/d, primarily due to 72 wells that were connected to our system b…
Loss (gain) on long-lived assets. There were no long-lived asset sales during the three months ended March 31, 2025. During the three months ended March 31, 2026, we recognized a gain on long-lived assets of $3 million related to the Utica Shale Divestiture. See Note 3—Transactions to our condensed …
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice