Antero Midstream Announces Second 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 Q2 2021, marking its 27th consecutive quarterly dividend. The dividend is payable on August 11, 2021, to stockholders of record by July 28, 2021, amounting to an annualized total of $0.90 per share. Antero Midstream will release its Q2 earnings on July 28, 2021, followed by a conference call on July 29, 2021, at 10:00 am MT. As of June 30, 2021, the company had approximately $150 million remaining in its $300 million share repurchase program.

Positive

• Declared a cash dividend of $0.225 per share for Q2 2021.
• 27th consecutive quarterly dividend, showcasing consistent return to shareholders.
• Annualized dividend totals $0.90 per share.
• Approximately $150 million remaining in share repurchase capacity.

Negative

• No common shares repurchased during Q2 2021.

DENVER, July 14, 2021 /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 second quarter of 2021. In addition, Antero Midstream announced plans to issue their second quarter 2021 earnings on Wednesday, July 28, 2021 after the close of trading on the New York Stock Exchange.

Second Quarter 2021 Return of Capital

The Board of Directors of Antero Midstream declared a cash dividend of $0.225 per share for the second quarter of 2021, or $0.90 per share on an annualized basis. The dividend will be payable on August 11, 2021 to stockholders of record as of July 28, 2021.  This represents the 27^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 second quarter of 2021. Antero Midstream had approximately $150 million of remaining share repurchase capacity under its $300 million authorized share repurchase program as of June 30, 2021.

Second Quarter 2021 Earnings Release Date and Conference Call

Antero Midstream plans to issue its second quarter 2021 earnings on Wednesday, July 28, 2021 after the close of trading on the New York Stock Exchange. A conference call for Antero Midstream is scheduled on Thursday, July 29, 2021 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, August 5, 2021 at 10:00 am MT at 877-660-6853 (U.S.) or 201-612-7415 (International) using the conference ID: 13720341. 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, August 5, 2021 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 West Virginia and Ohio, as well as integrated water assets that primarily service Antero Resources Corporation's properties. The Company's website is located at www.anteromidstream.com.

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SOURCE Antero Midstream Corporation

FAQ

What is the cash dividend declared by Antero Midstream for Q2 2021?

Antero Midstream declared a cash dividend of $0.225 per share for Q2 2021.

When will Antero Midstream release its Q2 2021 earnings?

Antero Midstream plans to release its Q2 2021 earnings on July 28, 2021.

When is the Antero Midstream conference call for Q2 2021 earnings?

The conference call for Q2 2021 earnings is scheduled for July 29, 2021, at 10:00 am MT.

For how many consecutive quarters has Antero Midstream paid dividends?

Antero Midstream has paid dividends for 27 consecutive quarters.

What is the annualized dividend amount for Antero Midstream in 2021?

The annualized dividend amount for Antero Midstream in 2021 is $0.90 per share.