Antero Midstream Announces Fourth Quarter 2021 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 Q4 2021, marking the 30th consecutive quarterly dividend since its IPO in November 2014. This dividend will be paid on February 9, 2022 to stockholders of record as of January 26, 2022. The company has $150 million remaining for share repurchases under its $300 million program. Antero Midstream will release its fourth quarter and full year 2021 earnings on February 16, 2022, followed by a conference call on February 17, 2022.

Positive

• Declared a cash dividend of $0.225 per share for Q4 2021.
• 30th consecutive quarterly dividend since IPO.
• Remaining share repurchase capacity of $150 million.

Negative

• Did not repurchase any shares during Q4 2021.

DENVER, Jan. 12, 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 fourth quarter of 2021. In addition, Antero Midstream announced plans to issue their fourth quarter and full year 2021 earnings on Wednesday, February 16, 2022 after the close of trading on the New York Stock Exchange.

Fourth Quarter 2021 Return of Capital

The Board of Directors of Antero Midstream declared a cash dividend of $0.225 per share for the fourth quarter of 2021, or $0.90 per share on an annualized basis. The dividend will be payable on February 9, 2022 to stockholders of record as of January 26, 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 fourth quarter of 2021. Antero Midstream had approximately $150 million of remaining share repurchase capacity under its $300 million authorized share repurchase program as of December 31, 2021.

Fourth Quarter and Full Year 2021 Earnings Release Date and Conference Call

Antero Midstream plans to issue its fourth quarter and full year 2021 earnings on Wednesday, February 16, 2022 after the close of trading on the New York Stock Exchange. A conference call for Antero Midstream is scheduled on Thursday, February 17, 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 for the quarter.  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, February 24, 2022 at 10:00 am MT at 877-660-6853 (U.S.) or 201-612-7415 (International) using the conference ID: 13726194. 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, February 24, 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.

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SOURCE Antero Midstream Corporation

FAQ

What is the cash dividend declared by Antero Midstream for Q4 2021?

Antero Midstream declared a cash dividend of $0.225 per share for Q4 2021.

When will Antero Midstream announce its earnings results?

Antero Midstream will announce its fourth quarter and full year 2021 earnings on February 16, 2022.

What is the significance of the $0.225 dividend?

The $0.225 dividend represents the 30th consecutive quarterly dividend Antero Midstream has paid since its IPO.