- Antero Resources will achieve its leverage ratio and other debt objectives by the end of 2021, thus freeing up large amounts of cash.
- With above-the-roof natural gas prices, Resources will generate significant amounts of extra cash, leaving plenty to return the $65 million Midstream provides for drilling.
- If Midstream receives back the $65 million, management might choose to lift its dividend.
- We are anticipating that possible change by removing our hedges later in the year.
For further details see:
Antero Midstream Corporation's Dividend And The Natural Gas Bull Market