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

Rhea-AI Summary

Antero Midstream has declared a cash dividend of $0.225 per share for Q3 2022, equating to $0.90 annually. This marks the 32nd consecutive quarterly dividend since its IPO in November 2014. The dividend is payable on November 9, 2022, to stockholders of record by October 26, 2022. Additionally, the company is set to release its Q3 earnings on October 26, 2022, followed by a conference call on October 27, 2022. Antero Midstream has $150 million remaining in its share repurchase program of $300 million.

Positive

• Declared a cash dividend of $0.225 per share for Q3 2022.
• Represents the 32nd consecutive quarterly dividend since IPO.
• Maintains $150 million remaining capacity in share repurchase program.

Negative

• None.

DENVER, Oct. 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 third quarter of 2022. In addition, Antero Midstream announced plans to issue their third quarter 2022 earnings on Wednesday, October 26, 2022 after the close of trading on the New York Stock Exchange.

Third Quarter 2022 Return of Capital

The Board of Directors of Antero Midstream declared a cash dividend of $0.225 per share for the third quarter of 2022, or $0.90 per share on an annualized basis. The dividend will be payable on November 9, 2022 to stockholders of record as of October 26, 2022. This represents the 32^nd 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 2022. Antero Midstream had approximately $150 million of remaining share repurchase capacity under its $300 million authorized share repurchase program as of September 30, 2022.

Third Quarter 2022 Earnings Release Date and Conference Call

Antero Midstream plans to issue its third quarter 2022 earnings on Wednesday, October 26, 2022 after the close of trading on the New York Stock Exchange. A conference call is scheduled on Thursday, October 27, 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, November 3, 2022 at 10:00 am MT at 877-660-6853 (U.S.) or 201-612-7415 (International) using the conference ID: 13726235. 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 3, 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 Antero Midstream's dividend for Q3 2022?

Antero Midstream has declared a cash dividend of $0.225 per share for Q3 2022.

When will Antero Midstream announce its Q3 2022 earnings?

Antero Midstream will release its Q3 2022 earnings on October 26, 2022.

What is the announcement date for Antero Midstream's dividend?

The dividend will be payable on November 9, 2022, to stockholders of record as of October 26, 2022.

How many consecutive dividends has Antero Midstream paid?

Antero Midstream has paid 32 consecutive quarterly dividends since its IPO in November 2014.