antero midstream partners lp (AM) Key Developments
Antero Midstream Partners Increases Cash Distribution Payable on May 27, 2015
Apr 15 15
Antero Midstream Partners LP (AM) increased its quarterly cash distribution by $0.01 per equity unit from the previous quarter to $0.18 per unit, payable on May 27, 2015 to unitholders of record on May 13, 2015.
Antero Midstream Partners LP Announces Consolidated Earnings Results for the Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015
Feb 26 15
Antero Midstream Partners LP announced consolidated earnings results for the year ended December 31, 2014. For the year, revenue was $95,746,000 compared to $22,363,000 a year ago. Operating income was $21,452,000 compared to loss of $14,186,000 a year ago. Net income was $16,832,000 compared to loss of $14,332,000 a year ago. Adjusted EBITDA was $66,860,000 compared to $13,091,000 a year ago. Net cash provided by operating activities was $48,887,000 compared to $10,613,000 a year ago. Additions to property and equipment were $553,582,000 compared to $389,340,000 a year ago.
The company provided earnings guidance for the year 2015. For the year, the company EBITDA guidance is $150 million to $160 million and distributable cash flow guidance is $135 million to $145 million.
Antero Midstream Partners Seeks Acquisitions
Feb 25 15
Antero Midstream Partners LP (NYSE:AM) is seeking acquisitions. Antero announced that it expects to fund all 2015 expansion capital expenditures, excluding potential third party transactions or the potential acquisition of fresh water distribution assets from Antero Resources pursuant to the exercise of its option, with the cash on its balance sheet and drawings under its credit facility.
Antero Midstream Partners LP Declares Initial Quarterly Cash Distribution, Payable on February 27, 2015
Feb 2 15
Antero Midstream Partners LP announced that the Board of Directors of Antero Resources Midstream Management LLC declared its initial quarterly cash distribution of $0.0943 per unit for the fourth quarter of 2014. The distribution represents a prorated portion of the Partnership's minimum quarterly distribution of $0.17 per unit, based upon the number of days after the closing of the Partnership's initial public offering on November 10, 2014 through December 31, 2014. The distribution will be payable on February 27, 2015 to unitholders of record as of February 13, 2015.
Antero Midstream Partners LP to Report Q4, 2014 Results on Feb 25, 2015
Feb 2 15
Antero Midstream Partners LP announced that they will report Q4, 2014 results After-Market on Feb 25, 2015