Followers | 7 |
Posts | 604 |
Boards Moderated | 0 |
Alias Born | 03/08/2017 |
Thursday, January 18, 2018 12:03:50 AM
AR +1% after-hours after saying Q4 average net daily gas equivalent production rose 18% Y/Y and expects consolidated adjusted EBITDAX of $430M-$445M, above the midpoint of previous guidance; for FY 2018, it forecasts net daily production including liquids to grow 20% from 2017 volumes to ~2.7B cfe/day, and plans a $1.45B capital budget.
Antero Midstream Partners (NYSE:AM) forecasts 2018 distributable cash flow of $575M-$625M with DCF coverage of 1.25x-1.35x, and expects to generate free cash flow before distributions in 2018 for the first time since its inception.
Antero Midstream GP (NYSE:AMGP) guides 2018 distribution of $0.52-$0.55/share, or 154%-172% Y/Y growth, including a 20% increase in guidance as a result of the reduction in federal corporate tax rates.
Now read: Year In Review 2017 And My 2 Favorite Names For 2018 »
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM