Past year: ▲ 15%(30.91 – 42.44 USD)
Each one in plain English, with the numbers worked through for a shareholder.
17 June 2026debt financing● Neutral
Antero Resources set up a new $1.65 billion commercial paper program to give itself a cheaper short-term funding option for working capital and general corporate needs, backstopped by its revolving credit facility.
3 Feb 2026asset acquisition disposition▲ GoodMajor
Antero Resources completed its $2.8 billion acquisition of HG Energy's core Marcellus Shale acreage in West Virginia, funding part of the purchase with a new $1.5 billion term loan led by Royal Bank of Canada.
28 Jan 2026debt financing▲ GoodMajor
Antero Resources raised $750 million in new 5.40% notes due 2036, part of the financing package (alongside a new term loan and a planned sale of its Utica Shale assets) for its pending $2.8 billion HG Energy acquisition.
8 Dec 2025material agreement▲ GoodMajor
Antero Resources agreed to buy HG Energy II's Marcellus Shale acreage (about 385,000 net acres in the core of the play in West Virginia) for $2.8 billion, while sibling company Antero Midstream simultaneously agreed to buy HG Energy's related midstream assets for $1.1 billion -- a combined $3.9 billion expansion of the Antero companies' core Appalachian position.
2 June 2021debt financing▲ GoodMajor
Antero Resources issued $600 million of new 5.375% notes due 2030 -- a much lower rate than its early-2021 refinancings -- and used the proceeds to redeem all $574.2 million of its 5.625% notes due 2023, pushing out its debt maturities as credit conditions improved.
1 Feb 2021debt financing● NeutralMajor
Antero Resources issued $700 million of new 7.625% notes due 2029 and used the proceeds to redeem the rest of its 5.125% notes due 2022, fully retiring that maturity.
4 Jan 2021debt financing● NeutralMajor
Antero Resources closed a $500 million offering of 8.375% senior notes due 2026 on January 4, 2021. The proceeds were to fund redemption of $350 million of its 5.125% notes due 2022 on January 16, with the remainder repaying credit facility borrowings.
21 Aug 2020capital raising announcement● NeutralMajor
On Aug 18, 2020 Antero agreed to sell $250 million of 4.25% convertible senior notes due Sept 1, 2026, closed Aug 21, 2020, with the initial purchasers holding an option for up to $50 million more. The notes can be converted into shares at about $4.34 per share (230.2026 shares per $1,000), settled in cash, shares or both at Antero's election; the filing gives a maximum of 69,060,750 shares issuable (82,872,900 if the option is fully used), so conversion could dilute shareholders. The filing does not state how the proceeds will be used.
9 Dec 2019material agreement▲ GoodMajor
Antero Resources renegotiated its gas-gathering fee deal with its affiliate Antero Midstream, cutting the fees it pays by $12-19 million per quarter through 2023 in exchange for extending the contract to 2038, and agreed to sell $100 million of its Antero Midstream shares back to Antero Midstream to pay down its own revolving credit line.
13 Mar 2019asset acquisition disposition▲ GoodMajor
The Antero Midstream/AMGP combination closed: AMGP converted into Antero Midstream Corporation, and Antero Resources exchanged its 98.9 million Antero Midstream units for cash plus 158.4 million shares of the new company, cutting its stake from a controlling 53% (which it had consolidated into its own financials) to a 31% equity-method stake going forward.
5 Mar 2019merger communication▲ Good
Preliminary election results showed no excess available cash, so Antero Resources could not increase its cash consideration. It will receive 1.6023 New AM shares and $3.00 in cash per Antero Midstream unit, about $297 million in total.
28 Dec 2018merger communication● Neutral
Antero Resources amended its credit agreement to permit the pending Antero Midstream/AMGP combination to proceed and to give itself more flexibility on investments and credit extensions.
28 Dec 2018debt financing● Neutral
Antero Resources amended its credit agreement to permit the pending Antero Midstream/AMGP combination to proceed and to give itself more flexibility on investments and credit extensions.
2 Nov 2018merger communication● Neutral
Antero Resources filed the transcript of its Q3 2018 earnings call, which had touched on the pending Antero Midstream/AMGP merger.
2 Nov 2018business combination● Neutral
Antero Resources filed the transcript of its Q3 2018 earnings call, which had touched on the pending Antero Midstream/AMGP merger.
1 Nov 2018merger communication● Neutral
Antero Resources discussed the pending Antero Midstream/AMGP merger on its Q3 2018 earnings call and furnished the presentation slides.
1 Nov 2018business combination● Neutral
Antero Resources discussed the pending Antero Midstream/AMGP merger on its Q3 2018 earnings call and furnished the presentation slides.
10 Oct 2018material agreement● Neutral
Antero Resources, as the roughly 53% owner of Antero Midstream Partners, agreed to vote its units in favor of the pending Antero Midstream/AMGP combination and to transfer some units to a subsidiary ahead of closing -- procedural steps toward completing the deal.
10 Oct 2018merger communication● NeutralMajor
Antero Resources, as the roughly 53% owner of Antero Midstream Partners, agreed to vote its units in favor of the pending Antero Midstream/AMGP combination and to transfer some units to a subsidiary ahead of closing -- procedural steps toward completing the deal.
9 Oct 2018merger communication▲ GoodMajor
Antero Resources' midstream affiliate Antero Midstream GP LP agreed to buy out all public and Antero-owned units of Antero Midstream Partners LP, folding them into a new single company, Antero Midstream Corporation; Antero Resources -- which owns about 53% of the units -- will receive a mix of cash and New AM stock. Antero Resources separately authorized a $600 million buyback of its own stock.
8 Sept 2017material agreement▲ Good
Antero Resources sold another 10 million common units of Antero Midstream Partners LP at $31.11/unit, continuing to monetize its midstream stake to pay down its credit facility.
12 June 2017debt financing● Neutral
Antero Resources registered its 5.0% notes due 2025 with the SEC for a routine like-for-like exchange into freely tradeable notes, fulfilling the registration-rights obligation from its December 2016 private placement -- not a new financing.
29 Dec 2016debt financing● NeutralMajor
Antero Resources closed its $600 million offering of 5.0% senior notes due 2025 on December 21, 2016. The notes were issued under a new indenture with interest payable semi-annually from March 2017, and Antero agreed to offer holders a registered exchange.
9 Dec 2016debt financing▲ GoodMajor
Antero Resources priced $600 million of new 5.0% senior notes due 2025, planning to use the proceeds to redeem its higher-cost 6.0% notes due 2020.
11 Oct 2016capital raising announcement● Neutral
The Temasek private placement announced Oct 4 closed on Oct 7, 2016: 6,730,769 shares were sold at $26.00 each to Evans Investments. Antero also agreed to file a resale registration (Form S-3) within five business days after its Q3 2016 10-Q, so Temasek's shares can later be sold to the public.
What it means for a shareholder
6.7m new shares at US$26.00 to raise about US$175m. That's 2.1% dilution: every existing holder's slice gets 2.1% smaller. If you held US$1,000 of shares (38 at the issue price), your slice goes from 0.0000125% to 0.0000123% of the company. To keep it you'd need 1 more shares - about US$26 at the issue price.
Create a free account to see this worked out for your own holding.
4 Oct 2016capital raising announcement● NeutralMajor
Antero agreed on Oct 3, 2016 to sell 6,730,769 new shares at $26.00 each (about $175 million gross) to Evans Investments, an indirect subsidiary of Temasek Holdings, in a private placement expected to close Oct 7, 2016. The company says it will use the money to repay part of its revolving credit facility and for general corporate purposes; the new shares add to the share count.
14 June 2016material agreement▲ GoodMajor
Antero Resources raised about $752.5 million selling 26.75 million new shares of its own common stock at $28.15/share.
25 Mar 2016material agreement● Neutral
Antero Resources sold 8 million common units of its Antero Midstream Partners LP subsidiary at $22.25/unit, continuing to monetize its midstream stake to fund drilling and pay down its credit facility.
