Antero Midstream Corp AM

NYS: AM | ISIN: US03676B1026   18/04/2024
13,82 USD (+1,25%)
(+1,25%)   18/04/2024

Antero Midstream Announces First Quarter 2023 Return of Capital and Earnings Release Date and Conference Call

DENVER, April 12, 2023 /PRNewswire/ -- Antero Midstream Corporation (NYSE: AM) ("Antero Midstream") today announced that the Board of Directors of Antero Midstream declared a cash dividend of $0.225 per share for the first quarter of 2023. In addition, Antero Midstream announced plans to issue their first quarter 2023 earnings on Wednesday, April 26, 2023 after the close of trading on the New York Stock Exchange.

First Quarter 2023 Return of Capital

The Board of Directors of Antero Midstream declared a cash dividend of $0.225 per share for the first quarter of 2023, or $0.90 per share on an annualized basis. The dividend will be payable on May 10, 2023 to stockholders of record as of April 26, 2023. This represents the 34th consecutive quarterly dividend or distribution paid since Antero Midstream Partners LP's initial public offering in November 2014. Antero Midstream did not repurchase any common shares during the first quarter of 2023. Antero Midstream had approximately $150 million of remaining share repurchase capacity under its $300 million authorized share repurchase program as of March 31, 2023.

First Quarter 2023 Earnings Release Date and Conference Call

Antero Midstream plans to issue its first quarter 2023 earnings on Wednesday, April 26, 2023 after the close of trading on the New York Stock Exchange. A conference call is scheduled on Thursday, April 27, 2023 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.  To participate in the call, dial in at 877-407-9126 (U.S.), or 201-493-6751 (International) and reference "Antero Midstream".  A telephone replay of the call will be available until Thursday, May 4, 2023 at 10:00 am MT at 877-660-6853 (U.S.) or 201-612-7415 (International) using the conference ID: 13734448. To access the live webcast and view the related earnings conference call presentation, visit Antero Midstream's website at www.anteromidstream.com.  The webcast will be archived for replay until Thursday, May 4, 2023 at 10:00 am MT.

Antero Midstream Corporation is a Delaware corporation that owns, operates and develops midstream gathering, compression, processing and fractionation assets located in the Appalachian Basin, as well as integrated water assets that primarily service Antero Resources Corporation's properties.

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