Antero Midstream Announces Third 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 Q3 2021, marking its 29th consecutive dividend since its IPO in 2014. The dividend, amounting to an annualized $0.90 per share, will be paid on November 10, 2021 to shareholders on record by October 27, 2021. The company has $150 million remaining under its $300 million share repurchase program. Antero Midstream will release its earnings on October 27, 2021 and host a conference call on October 28, 2021.

Positive

• Declared $0.225 per share dividend for Q3 2021, 29th consecutive dividend.
• Annualized dividend of $0.90 per share.
• Remaining $150 million under $300 million share repurchase program.

Negative

• None.

DENVER, Oct. 13, 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 third quarter of 2021. In addition, Antero Midstream announced plans to issue their third quarter 2021 earnings on Wednesday, October 27, 2021 after the close of trading on the New York Stock Exchange.

Third Quarter 2021 Return of Capital

The Board of Directors of Antero Midstream declared a cash dividend of $0.225 per share for the third quarter of 2021, or $0.90 per share on an annualized basis. The dividend will be payable on November 10, 2021 to stockholders of record as of October 27, 2021.  This represents the 29^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 third quarter of 2021. Antero Midstream had approximately $150 million of remaining share repurchase capacity under its $300 million authorized share repurchase program as of September 30, 2021.

Third Quarter 2021 Earnings Release Date and Conference Call

Antero Midstream plans to issue its third quarter 2021 earnings on Wednesday, October 27, 2021 after the close of trading on the New York Stock Exchange. A conference call for Antero Midstream is scheduled on Thursday, October 28, 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, November 4, 2021 at 10:00 am MT at 877-660-6853 (U.S.) or 201-612-7415 (International) using the conference ID: 13720354. 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, November 4, 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 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 dividend declared by Antero Midstream for Q3 2021?

Antero Midstream declared a cash dividend of $0.225 per share for Q3 2021.

When will the Q3 2021 dividend be paid?

The dividend will be paid on November 10, 2021.

What is Antero Midstream's annualized dividend for 2021?

The annualized dividend for 2021 is $0.90 per share.

When will Antero Midstream release its Q3 2021 earnings?

Antero Midstream will release its Q3 2021 earnings on October 27, 2021.

When is the conference call scheduled for Antero Midstream's earnings?

The conference call is scheduled for October 28, 2021, at 10:00 am MT.