Each one in plain English, with the numbers worked through for a shareholder.
30 Jan 2020substantial holder notice● Neutral
Integrated Assets II LLC, Cognizant Holdings, Ltd, ICS Opportunities, Ltd, ICS Opportunities II LLC, Integrated Assets, Ltd, Millennium International Management LP, Millennium Management LLC, Millennium Group Management LLC, Israel A. Englander reported a ANTERO RESOURCES Corp shareholding of 10,250,314 shares (3.40% of votes) in a periodic institutional filing.
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.
Antero Resources filed an amended 13D saying it may be deemed to beneficially own 158,419,937 shares (31.47%) of Antero Midstream Corporation. The filing followed Warburg Pincus and Yorktown funds selling their Antero Midstream shares on November 12, 2019 and leaving the stockholders agreement.
FPR Partners, LLC, Andrew Raab, Bob Peck reported a ANTERO RESOURCES Corp shareholding of 30,758,308 shares (10.10% of votes) in a periodic institutional filing.
Integrated Assets II LLC, Cognizant Holdings, Ltd, ICS Opportunities, Ltd, Integrated Assets, Ltd, Millennium International Management LP, Millennium Management LLC, Millennium Group Management LLC, Israel A. Englander disclosed a new substantial ANTERO RESOURCES Corp shareholding (5.00% of votes).
Antero Resources filed a final amendment to its Schedule 13D on Antero Midstream Partners LP, reporting zero common units. Its units were exchanged for cash and Antero Midstream Corporation stock when the simplification closed on March 12, 2019.
Antero Resources filed a Schedule 13D disclosing it held 158.4 million shares, about 31.3%, of the newly formed Antero Midstream Corporation. It received the shares when the Antero Midstream simplification closed on March 12, 2019.
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.
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.
The Baupost Group, L.L.C, Baupost Group GP, L.L.C, Seth A. Klarman reported a ANTERO RESOURCES Corp shareholding of 28,587,791 shares (9.01% of votes) in a periodic institutional filing.
Warburg Pincus Private Equity X O&G, L.P, Warburg Pincus X, L.P, Warburg Pincus X GP L.P, WPP GP LLC, Warburg Pincus Partners, L.P, Warburg Pincus Partners GP LLC, Warburg Pincus & Co, Warburg Pincus LLC, Charles R. Kaye, Joseph P. Landy reported a ANTERO RESOURCES Corp shareholding of 34,174,860 shares (10.80% of votes) in a periodic institutional filing.
Antero Resources presented at the Credit Suisse 24th Annual Energy Summit on February 12, 2019, and furnished the slides in an 8-K. They included 2019 net production guidance of 3.15-3.25 Bcfe/d and discussion of the pending Antero Midstream/AMGP simplification transaction.
SailingStone Capital Partners LLC, SailingStone Holdings LLC, MacKenzie B. Davis, Kenneth L. Settles Jr reported a ANTERO RESOURCES Corp shareholding of 24,886,129 shares (7.85% of votes) in a periodic institutional filing.
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.
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.