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Antero Resources Corp (AR.N)

AR.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Antero Resources reports Q3 GAAP loss per share of $0.43
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Antero Resources Corp : :Antero Resources reports third quarter 2017 financial and operational results.Q3 GAAP loss per share $0.43.Q3 earnings per share view $0.11 -- Thomson Reuters I/B/E/S.Qtrly revenue $647.9 million versus $1.12 billion.Q3 revenue view $801 million -- Thomson Reuters I/B/E/S.Qtrly ‍net daily gas equivalent production averaged a record 2,317 MMcfe/d, a 24% increase over prior year quarter​.Antero is targeting a compound annual production growth rate of 20% over four year period of 2017 to 2020​.‍$1.3 billion targeted drilling, completion capital program in 2018 reflects third consecutive year of maintaining flat capital program​.Has entered into a new upstream credit facility with a borrowing base of $4.5 billion and lender commitments of $2.5 billion​.Lender commitments were reduced by $1.5 billion from previous commitments of $4.0 billion​.During Q3 of 2017, Antero's realized natural gas price was negatively impacted by contract disputes with two counterparties​.  Full Article

Antero Resources reports third quarter financial results
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Antero Resources Corp :Antero Resources reports third quarter 2017 financial and operational results.Q3 gaap loss per share $0.43.Q3 earnings per share view $0.11 -- Thomson Reuters I/B/E/S.Q3 revenue $251 million.Q3 revenue view $801 million -- Thomson Reuters I/B/E/S.Qtrly ‍net daily gas equivalent production averaged a record 2,317 MMcfe/d, a 24% increase over prior year quarter​.Antero Resources Corp - ‍Antero is targeting a compound annual production growth rate of 20% over four year period of 2017 to 2020​.Antero Resources - ‍$1.3 billion targeted drilling, completion capital program in 2018 reflects third consecutive year of maintaining flat capital program​.Antero Resources Corp - ‍has entered into a new upstream credit facility with a borrowing base of $4.5 billion and lender commitments of $2.5 billion​.Antero Resources Corp - ‍lender commitments were reduced by $1.5 billion from previous commitments of $4.0 billion​.Antero Resources Corp - ‍during Q3 of 2017, Antero's realized natural gas price was negatively impacted by contract disputes with two counterparties​.  Full Article

Veolia awarded $70 million‍​ contract with Antero Resources
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - VEOLIA :AWARDED CONTRACT WITH OIL AND GAS OPERATOR ANTERO RESOURCES; CONTRACT FOR UP TO 10-YEARS AND IS WORTH $70 MILLION‍​.  Full Article

Antero Resources enters into common stock subscription agreement with Evans Investments
Tuesday, 4 Oct 2016 

Antero Resources Corp : Entered into a common stock subscription agreement with evans investments pte. ltd. . Says company intends to use proceeds to repay a portion of outstanding borrowings under its revolving credit facility . Evans Investments agreed to purchase 6.7 million shares of company's common stock at a price of $26.00 per share .Evans Investments Pte. Ltd is an indirect wholly-owned subsidiary of temasek holdings (private) limited.  Full Article

Antero Resources increases 2016 production guidance
Tuesday, 6 Sep 2016 

Antero Resources Corp : Antero resources increases 2016 production guidance . Increased 2016 net production guidance to 1.8 BCFE/D . Maintained 2017 annual production growth target of 20% to 25% over 2016 guidance . Says reduced 2016 cash production expense guidance to $1.40 to $1.50 per MCFE .Maintained 2016 drilling and completion capital budget at $1.3 billion.  Full Article

Antero Resources posts Q2 adj. earnings $0.14/shr
Wednesday, 3 Aug 2016 

Antero Resources Corp : Qtrly net daily production averaged 1,762 mmcfe/d, a 19 pct increase over prior year quarter . Q2 adjusted earnings per share $0.14 . Q2 GAAP loss per share $2.12 .Q2 earnings per share view $0.11 -- Thomson Reuters I/B/E/S.  Full Article

Statoil plans $96 million sale of U.S. onshore assets
Monday, 1 Aug 2016 

Statoil Asa : Continues to optimise its U.S. onshore portfolio . Has agreed a further sale of non-core assets in its U.S. onshore portfolio, third in Southern Marcellus in last two years . Will divest some of its non-operated interests in state of west virginia to Antero resources corporation (Antero") for approximately usd 96 million in cash . Statoil's net acreage included in this transaction is approximately 11,500 acres and its average working interest is 19% . Statoil retains its operated properties in marcellus .Divestment increases statoil's financial flexibility and allows capital to be focused on core activities in order to maximise value creation.  Full Article

BRIEF-Antero Resources Reports Q1 EPS Of $0.05

* ANTERO RESOURCES REPORTS FIRST QUARTER 2018 FINANCIAL AND OPERATING RESULTS