Antero Resources announced today the appointment of Benjamin A. Hardesty as Lead Director. The Company also announced that Peter R. Kagan and James R. Levy have resigned from the board of directors of Antero Resources Corp. effective immediately. Mr. Kagan and Mr. Levy are both Partners at Warburg Pincus & Co., a leading global private equity firm focused on growth investing, and their resignations follow the recent [...]
Antero Resources Corp. today released its first quarter 2019 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 March 31, 2019, which has been filed with the Securities and Exchange Commission . Basis of Financial Presentation In connection with the closing of the previously announced simplification [...]
Antero Resources Corp. announced today that the Company plans to issue its first quarter 2019 earnings release on Wednesday, May 1, 2019 after the close of trading on the New York Stock Exchange. A conference call is scheduled on Thursday, May 2, 2019 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 for the [...]
Antero Midstream Corporation today announced plans to issue their first quarter 2019 earnings on Wednesday, May 1, 2019 after the close of trading on the New York Stock Exchange. A conference call for Antero Midstream is scheduled on Thursday, May 2, 2019 at 10:00 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 for [...]
Antero Resources today announced receipt of consideration in connection with the closing of the previously announced simplification transaction between Antero Midstream GP LP and Antero Midstream Partners LP . At closing, AMGP was converted from a Limited Partnership to a Corporation and was renamed Antero Midstream Corporation . Beginning on March 13, 2019, New AM's common stock will trade on the NYSE under the [...]
Antero Resources Corp. today released its fourth quarter and full year 2018 financial and operational results and announced estimated proved reserves as of December 31, 2018. The relevant consolidated and consolidating financial statements are included in Antero's Annual Report on Form 10-K for the year ended December 31, 2018, which has been filed with the Securities and Exchange Commission . The relevant [...]
Antero Resources Corp. today announced that Richard W. Connor has resigned from the board of directors of Antero Resources effective as of January 24, 2019 for personal reasons. The resignation was not the result of any disagreement with the Company or any of its affiliates on any matter relating to the Company's operations, policies or practices. In connection with Mr. Connor's resignation from the Board and from his [...]
Antero Resources announced today that the Company plans to issue its fourth quarter and full year 2018 earnings release on Wednesday, February 13, 2019 after the close of trading on the New York Stock Exchange. A conference call is scheduled on Thursday, February 14, 2019 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 [...]
In the news release, Antero Resources Announces 2019 Capital Budget and Production Guidance, issued 08-Jan-2019 by Antero Resources Corp. over PR Newswire, we are advised by the company that in the first row of the "Cash Expense Guidance" table, the numbers in the "Consolidated" section should read "$1.65" in the "Low" column and "$1.75" in the "High" column, rather than "$1.85" and "$1.95" respectively. The complete [...]
Antero Midstream Partners LP today announced its 2019 capital budget and guidance. The dividend and DCF coverage ratio guidance included in this release assumes the simplification transaction between Antero Midstream Partners and Antero Midstream GP LP , pursuant to which Antero Midstream Partners will become an indirect, wholly owned subsidiary of Antero Midstream Corporation , closes during the first quarter of 2019 [...]
Antero Resources Corp. today announced its 2019 capital budget and production guidance, reflecting a disciplined plan with Stand-alone drilling and completion capital spending at Stand-alone Adjusted Operating Cash Flow levels assuming $50 per barrel WTI oil and $3.00 per MMBtu NYMEX natural gas, while generating double digit production growth. Guidance Highlights: In response to recent oil and NGL price declines, the [...]
Antero Resources announced today that it has monetized a portion of its natural gas hedge position for $357 million. In addition, Antero has repurchased $129 million worth of shares of its common stock quarter-to-date, or 3% of shares outstanding. Hedge Monetization Highlights: Monetized $357 million of value in its natural gas hedge portfolio Generated $235 million of net proceeds through the unwinding of 68% of April [...]