Antero Midstream Announces First Quarter 2022 Return of Capital and Earnings Release Date and Conference Call

Rhea-AI Summary

Antero Midstream Corporation (NYSE: AM) declared a cash dividend of $0.225 per share for Q1 2022, amounting to $0.90 annualized. This marks the 30^th consecutive quarterly dividend since its IPO in November 2014. The dividend will be paid on May 11, 2022, to stockholders of record by April 27, 2022. Additionally, the company plans to release its Q1 earnings on April 27, 2022, after trading closes, with a conference call set for April 28, 2022, to discuss the results.

Positive

• Declared Q1 2022 dividend of $0.225 per share, representing a consistent return of capital.
• Achieved 30th consecutive quarterly dividend payment since IPO.

Negative

• None.

DENVER, April 13, 2022 /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 2022. In addition, Antero Midstream announced plans to issue their first quarter 2022 earnings on Wednesday, April 27, 2022 after the close of trading on the New York Stock Exchange.

First Quarter 2022 Return of Capital

The Board of Directors of Antero Midstream declared a cash dividend of $0.225 per share for the first quarter of 2022, or $0.90 per share on an annualized basis. The dividend will be payable on May 11, 2022 to stockholders of record as of April 27, 2022.  This represents the 30^th 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 2022. Antero Midstream had approximately $150 million of remaining share repurchase capacity under its $300 million authorized share repurchase program as of March 31, 2022.

First Quarter 2022 Earnings Release Date and Conference Call

Antero Midstream plans to issue its first quarter 2022 earnings on Wednesday, April 27, 2022 after the close of trading on the New York Stock Exchange. A conference call is scheduled on Thursday, April 28, 2022 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 5, 2022 at 10:00 am MT at 877-660-6853 (U.S.) or 201-612-7415 (International) using the conference ID: 13726234. 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 5, 2022 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/antero-midstream-announces-first-quarter-2022-return-of-capital-and-earnings-release-date-and-conference-call-301525218.html

SOURCE Antero Midstream Corporation

FAQ

What is the Q1 2022 dividend declared by Antero Midstream (AM)?

Antero Midstream declared a Q1 2022 dividend of $0.225 per share.

When will Antero Midstream pay the dividend for Q1 2022?

The dividend will be payable on May 11, 2022.

When will Antero Midstream announce its Q1 2022 earnings?

Antero Midstream plans to announce its Q1 2022 earnings on April 27, 2022.

What is the significance of the 30th consecutive quarterly dividend for Antero Midstream?

It highlights Antero Midstream's commitment to returning capital to shareholders.

When is the conference call to discuss Antero Midstream's Q1 2022 earnings?

The conference call is scheduled for April 28, 2022, at 10:00 am MT.