Antero Resources Corp. today announced the publication of its 2019 Corporate Sustainability Report. The report details Antero's ongoing commitment to environmental excellence, strong governance, safe operations and the communities in which it operates. The full report is available at www.anteroresources.com/sustainability/founders-message. Report Highlights: Environmental Leadership Reduced GHG intensity by 39% between [...]
Antero Resources Corp. today announced that as of 5:00 p.m., New York City time, on August 24, 2020 , $88,389,000 aggregate principal amount of the Company's 5.125% Senior Notes due 2022 and $95,661,000 aggregate principal amount of the Company's 5.625% Senior Notes due 2023 had been tendered and not withdrawn prior to the Dutch Auction Early Tender Deadline, in accordance with the previously announced cash tender offers [...]
Antero Resources Corp. announced today the pricing of its private placement to eligible purchasers of $250 million in aggregate principal amount of 4.25% convertible senior notes due 2026 . In connection with the offering of the Notes, the Company granted the initial purchasers of the Notes an option, which is exercisable within 30 days, to purchase up to an additional $50 million aggregate principal amount of the Notes [...]
Antero Resources Corp. announced today that, subject to market and other conditions, it intends to offer $250 million in aggregate principal amount of convertible senior notes due 2026 in a private placement to eligible purchasers. The Company also expects to grant the initial purchasers of the Notes a 30-day option to purchase up to an additional $50 million aggregate principal amount of the Notes. The Notes will be [...]
Antero Resources Corp. announced today that, as of 5:00 p.m., New York City time, on August 17, 2020, $191,566,000 principal amount of the Company's outstanding 5.375% Senior Notes due 2021 have been tendered and accepted for purchase pursuant to the previously announced cash tender offer on the terms and subject to the conditions set forth in the Offer to Purchase, dated as of August 11, 2020 . This amount includes [...]
Antero Resources Corp. today announced today that it has commenced cash tender offers to purchase any and all of the Company's outstanding 5.375% Senior Notes due 2021 and up to the Dutch Auction Cap of the Company's outstanding 5.125% Senior Notes due 2022 the and the Company's 5.625% Senior Notes due 2023 , in each case, on the terms and subject to the conditions set forth in the Offer to Purchase, dated the date hereof [...]
Antero Resources Corp. today announced a volumetric production payment transaction with an affiliate of J.P. Morgan for cash proceeds of $220 million. The Company also announced today in a separate press release the commencement of cash tender offers for its 2021, 2022 and 2023 senior notes for $525 million. Pro forma for application of the VPP proceeds to repay outstanding revolver borrowings, but prior to the completion [...]
Antero Resources Corp. today announced its second quarter 2020 financial and operational results. The relevant condensed consolidated financial statements are included in Antero's Quarterly Report on Form 10-Q for the quarter ended June 30, 2020. Highlights Include: Net production averaged 3,521 MMcfe/d during the second quarter, a 9% increase over the prior year period Realized natural gas equivalent price including [...]
Antero Resources announced today that the Company plans to issue its second quarter 2020 earnings release on Wednesday, July 29, 2020 after the close of trading on the New York Stock Exchange. A conference call is scheduled on Thursday, July 30, 2020 at 9:00 am MT to discuss the financial and operational results. A brief Q&A session for security analysts will immediately follow the discussion of the results. To [...]
Antero Resources Corp. today announced the closing of an overriding royalty interest transaction with Sixth Street Partners, LLC , a leading global investment firm, that will result in proceeds to the Company of up to $402 million. Proceeds will be used to repay revolver borrowings and the effective date of the transaction is April 1, 2020. Further, the Company announced that it is has repurchased additional 2021 senior [...]
Antero Resources today announced a change in the format of its Annual Meeting of Shareholders from in-person to virtual only, via a live audio webcast at www.virtualshareholdermeeting.com/AR2020. The change is due to the continuing impact of the coronavirus pandemic and to support the health and well-being of Antero's stockholders, employees and their families. As previously announced, the Annual Meeting will be held on [...]
Antero Resources Corp. today announced its first quarter 2020 financial and operational results. In addition, Antero announced its revised 2020 capital budget and guidance. The relevant condensed consolidated financial statements are included in Antero's Quarterly Report on Form 10-Q for the quarter ended March 31, 2020. Highlights Include: Net production averaged 3,366 MMcfe/d during the first quarter, a 9% increase over [...]