When did Antero go public?
October 2013
In October 2013, the company became a public company via an initial public offering, raising $1.5 billion. In November 2014, the company spun off 30% of its midstream operations, Antero Midstream Partners LP, via an initial public offering.
Who owns Antero Midstream?
Invesco Advisers, Inc. Mellon Investments Corp.
Is Antero an MLP?
Antero Midstream spent billions constructing 430 miles pipelines and processing plants from 2012 to 2017 (it switched in 2019 from being an MLP into a C-Corp).
Who owns Antero Resources?
Antero Resources was formed in 2002 by Paul Rady and Glen Warren following their success with Pennaco Energy.
What does Antero midstream do?
Antero Midstream Corporation owns, operates, and develops midstream energy assets. The Company offers gathering and compressions, water distribution, clearwater facility, fractionation, and pipeline safety services. Antero Midstream serves customers in North America.
What is Antero Resources?
Antero Resources is an independent oil and natural gas company engaged in the acquisition, development and production of unconventional oil and liquids-rich natural gas properties primarily located in the Appalachian Basin in West Virginia, Ohio and Pennsylvania.
Is Antero midstream a good stock to buy?
The 8 analysts offering 12-month price forecasts for Antero Midstream Corp have a median target of 10.00, with a high estimate of 13.00 and a low estimate of 9.00. The median estimate represents a -5.84% decrease from the last price of 10.62.
What type of company is Antero midstream?
Customized and Integrated Midstream Solution Antero Midstream Corporation owns and operates an integrated system of natural gas gathering pipelines, compression stations, processing and fractionation plants, and water handling and treatment assets in the Marcellus Shale and Utica Shale.
Does Antero midstream issue AK 1?
Holders of Antero Midstream common units will receive a Schedule K-1 with respect to distributions received on the common units during the period of 2019 that preceded the closing of the simplification transaction.
Is Antero midstream a good buy?
Antero Midstream distributes natural gas and offers an 8.5% dividend yield. Natural gas will become much more common as the world continues its path to decarbonization. The company is being conservative with its operations, having learned the hard way in 2019/2020, making this a great play for conservative investors.
Why is Antero Resources falling?
The company is engaged in exploration and production of natural gas and natural gas liquids in the Appalachian Basin. Antero’s financials took a hit last year as natural gas prices tanked – triggering a plunge in the stock.
Is Antero Resources a good stock to buy?
Antero Resources Corporation AR witnessed upward estimate revisions for 2022 and 2023 earnings in the past seven days. The independent natural gas and natural gas liquids company, with a Zacks Rank #1 (Strong Buy), is likely to record earnings growth of 213.2% and 4.3% in 2022 and 2023, respectively.