- Antero Midstream boasts a 15% yield, but that could be the market telling us to expect a cut.
- The company is highly dependent on Antero Resources for business.
- Antero Resources is cutting back heavily on capital spending next year in response to various market issues.
- The long-term fundamentals are good but 2021 may be challenging.
- The company is well financed but the dividend coverage is a bit tight, so Antero Midstream may struggle to maintain its dividend in the face of capex cuts.
For further details see:
Antero Midstream: A Very High Yield But Could Be In Jeopardy