#United States #Denver #Antero Midstream #NYSE AM #Earnings Release

Antero Midstream's Q4 2024 Dividend and Earnings Release Details

Antero Midstream Corporation, trading under the ticker NYSE: AM, disclosed significant updates concerning its financial activities for the fourth quarter of 2024. In a recent announcement from Denver, Colorado, the company's Board of Directors has authorized a cash dividend of $0.225 per share. This distribution marks the 41st consecutive quarterly dividend since the company's initial public offering back in November 2014. The dividend is scheduled to be paid on February 12, 2025, to stockholders who were listed on record as of January 29, 2025.

Share Repurchases

In addition to the declared dividend, Antero Midstream has undertaken proactive share repurchase activities. During the fourth quarter alone, the company bought back approximately 1.9 million shares at a total cost of $28.7 million. This reflects a robust commitment to returning value to shareholders. Notably, as of December 31, 2024, Antero Midstream has approximately $471 million left under its $500 million buyback program, indicating ample room for future repurchases.

Upcoming Earnings Release

Looking ahead, Antero Midstream plans to announce its fourth-quarter results on February 12, 2025, after the stock market officially closes. This financial update will provide crucial insight into the company's performance for the quarter and will be important for investors, analysts, and stakeholders alike.

Following the earnings report, a conference call is slated for February 13, 2025, at 10:00 AM MT. This call will serve as a platform for discussing both financial and operational outcomes, followed by a Q&A session aimed at financial analysts. Interested parties can join the call by dialling 877-407-9126 within the U.S. or 201-493-6751 internationally, using the reference name "Antero Midstream".

Participants who wish to revisit the details of the call can access a telephone replay until February 20, 2025, by calling 877-660-6853 domestically or 201-612-7415 internationally. The replay will provide investors with an opportunity to digest the findings at their convenience.

Webcast and Presentation

For those who prefer digital methods for obtaining information, a live webcast of the earnings conference call can be accessed through Antero Midstream’s official website. The presentation associated with the call will also be available for those who want a visual representation of the financial results and insights.

About Antero Midstream

Antero Midstream is a Delaware corporation that specializes in midstream operations, focusing largely on gathering, compressing, processing, and fractionating natural gas and natural gas liquids in the Appalachian Basin. Additionally, the company emphasizes integrated water service assets that predominantly support the operations of Antero Resources Corporation, illustrating a vertically integrated approach to its service offerings.

In summary, Antero Midstream's planned dividend and upcoming earnings release are essential touchpoints for investors. The continued commitment to shareholder returns through dividends and buybacks, along with detailed communication through earnings calls, reflects a positive outlook on the company's operational strategies.