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Antero Resources Corp (AR.N)

AR.N on New York Stock Exchange

18.23USD
8 Dec 2017
Change (% chg)

$0.03 (+0.16%)
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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

Antero Resources announces pricing of common stock offering
Friday, 10 Jun 2016 

Antero Resources Corp : Pricing of an underwritten public offering of 26.7 million common shares for aggregate gross proceeds of about $762 million .Antero Resources announces pricing of common stock offering.  Full Article

Southwestern Energy says sale of portion of southwest Appalachia acreage
Friday, 10 Jun 2016 

Southwestern Energy Co - : Entered into agreement with Antero Resources Corporation to sell about 55,000 net acres in West Virginia for $450 million . Cash proceeds from transaction expected to be used to reduce principal balance of co's $750 million term loan due in November 2018 .Southwestern energy announces sale of a portion of southwest Appalachia acreage.  Full Article

Antero Resources announces public offering of common stock
Friday, 10 Jun 2016 

Antero Resources Corp : Antero resources announces public offering of common stock . Says offering 26.8 million common shares . Says offering 26.8 million common shares .Expects to use net proceeds from offering to fund recently announced acquisition of properties from a third party.  Full Article

BRIEF-Antero Resources reports Q3 GAAP loss per share of $0.43

* Antero Resources reports third quarter 2017 financial and operational results