Antero Midstream Corporation Announces Cash Dividend for Q1 2025
Antero Midstream Corporation (NYSE: AM) has declared a cash dividend of $0.225 per share for the first quarter of 2025. This marks a significant moment for the company as they continue to reward their shareholders while enhancing shareholder value. The Board of Directors' decision to distribute dividends reflects confidence in the company’s financial health and operational performance.
Dividend Details and Share Repurchase Activity
The announced dividend translates to an annualized payout of $0.90 per share. Shareholders can expect this payment on May 7, 2025, provided they were on record as of April 23, 2025. Notably, this dividend represents the 42nd consecutive quarterly payment made since the company's inception as a publicly traded entity following its initial public offering in 2014. Furthermore, during the first quarter of 2025, Antero Midstream repurchased approximately 1.7 million of its shares, amounting to around $28.6 million. The company also reported having about $443 million remaining in its authorized share buyback program, which totals $500 million.
Earnings Release and Conference Call Information
On a related note, Antero Midstream is set to announce its earnings for the first quarter of 2025 on a date shortly after the market closes on the New York Stock Exchange. Specifically, earnings will be released on April 30, 2025. A conference call is planned for May 1, 2025, at 10:00 am MT, to dive into the financial results and operational updates for this period. The call aims to provide transparency and engagement with stakeholders, and a Q&A session will follow the main discussion.
How to Participate in the Earnings Conference Call
For those interested in participating in the earnings call, it's easy to join either via phone or the webcast. Dial in at 877-407-9126 for U.S. callers, or 201-493-6751 for those calling from international locations. Make sure to reference "Antero Midstream" for proper identification. Additionally, a replay of the call will be accessible until May 8, 2025, for anyone who could not attend the live session. This reflects the company’s dedication to keeping investors informed.
About Antero Midstream Corporation
Antero Midstream Corporation operates as a significant player in the midstream sector, owning, operating, and developing essential assets such as gathering systems, compression facilities, and processing plants located in key regions. Additionally, the company is focused on providing integrated water solutions that cater primarily to the needs of Antero Resources Corporation. This multi-faceted approach strengthens its operations, ensuring robust service delivery to shareholders and clients alike.
Frequently Asked Questions
What is the announced cash dividend for Q1 2025?
The announced cash dividend for Q1 2025 is $0.225 per share.
When will the dividend be paid?
The dividend will be paid on May 7, 2025, to shareholders on record as of April 23, 2025.
What is the date of the earnings release?
The earnings for the first quarter of 2025 will be released on April 30, 2025.
When is the conference call scheduled?
The conference call is scheduled for May 1, 2025, at 10:00 am MT.
How can I participate in the earnings call?
You can participate by dialing 877-407-9126 for U.S. participants or 201-493-6751 for international calls.
