Antero Resources Corp. and Antero Midstream Corporation today announced new responsibilities for certain members of their management teams upon the effectiveness of Glen C. Warren, Jr. retirement as Antero Resources' President, Chief Financial Officer and Director and Antero Midstream's President and Director on April 30, 2021. Paul M. Rady, currently Chairman and CEO of both Antero Resources and Antero Midstream, will [...]
Antero Resources Corp. and Antero Midstream Corporation today announced that Glen Warren will retire as President and Chief Financial Officer of Antero Resources and President of Antero Midstream, effective April 30, 2021. Mr. Warren will also step down from the board of both companies as of the same date. "Glen has been a visionary leader in the energy industry over the last several decades," said Paul Rady, Co-Founder [...]
Antero Resources Corp. today announced its fourth quarter and full year 2020 financial and operational results as well as its 2021 capital budget, guidance and proved reserves as of December 31, 2020. In addition, Antero announced the formation of a drilling partnership. The relevant consolidated financial statements are included in Antero Resource's Annual Report on Form 10-K for the year ended December 31, 2020. Fourth [...]
Antero Resources announced today that the Company plans to issue its fourth quarter 2020 earnings release on Wednesday, February 17, 2021 after the close of trading on the New York Stock Exchange. A conference call is scheduled on Thursday, February 18, 2021 at 9:00 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 [...]
Antero Resources Corp. announced today the pricing of its private placement to eligible purchasers of $700 million in aggregate principal amount of 7.625% senior unsecured notes due 2029 at par . The offering is expected to close on January 26, 2021, subject to customary closing conditions. Antero Resources estimates that it will receive net proceeds of approximately $692 million, after deducting the initial purchasers [...]
Antero Resources Corp. announced today that, subject to market conditions, it intends to offer $500 million in aggregate principal amount of senior unsecured notes due 2029 in a private placement to eligible purchasers. Antero Resources intends to use a portion of the net proceeds from the offering to fund the redemption of all $310.5 million aggregate principal amount of its 5.125% senior notes due 2022 not previously [...]
Antero Resources Corp. announced today the pricing of a registered direct offering of 31.4 million shares of its common stock at a price of $6.35 per share to certain holders of its 4.25% Convertible Senior Notes due 2026. Antero Resources plans to use the proceeds from the share offering and approximately $63 million of borrowings under its revolving credit facility to repurchase from such holders $150 million aggregate [...]
Antero Resources Corp. announced today the pricing of its private placement to eligible purchasers of $500 million in aggregate principal amount of 8.375% senior unsecured notes due 2026 at par . The offering is expected to close on January 4, 2021, subject to customary closing conditions. Antero Resources estimates that it will receive net proceeds of approximately $494 million, after deducting the initial purchasers [...]
Antero Resources Corp. announced today that, subject to market conditions, it intends to offer $500 million in aggregate principal amount of senior unsecured notes due 2026 in a private placement to eligible purchasers. Antero Resources intends to use a portion of the net proceeds from the offering to fund the redemption of $350 million aggregate principal amount of its 5.125% senior notes due 2022 at par plus accrued [...]
Antero Resources Corp. today announced that it has issued a notice to the holders of its 5.375% senior notes due 2021 that the Company intends to redeem all of the 2021 Notes outstanding on November 30, 2020 at par, plus accrued and unpaid interest to the redemption date . The Company expects to utilize a combination of proceeds from its asset sales program, cash flow from operations and available borrowings under its [...]
Antero Resources Corp. today announced its third quarter 2020 financial and operational results. The relevant unaudited condensed consolidated financial statements are included in Antero's Quarterly Report on Form 10-Q for the quarter ended September 30, 2020. Third Quarter Highlights Include: Net production averaged 3,772 MMcfe/d, including 220,000 Bbl/d of liquids Realized natural gas equivalent price including hedges [...]
Antero Resources announced today that the Company plans to issue its third quarter 2020 earnings release on Wednesday, October 28, 2020 after the close of trading on the New York Stock Exchange. A conference call is scheduled on Thursday, October 29, 2020 at 9:00 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 [...]