Antero Midstream May Start Share Repurchases Soon
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Antero Midstream is expected to generate significant free cash flow after dividends in Q4 2024, potentially enabling it to start share repurchases. This, along with lower interest costs and CPI-based fee adjustments, could boost its free cash flow per share.

November 15, 2024 | 2:30 am
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POSITIVE IMPACT
Antero Midstream is likely to start share repurchases soon, as it expects to generate $90 million in free cash flow after dividends in Q4 2024. This move, along with lower interest costs and CPI-based fee adjustments, could enhance its free cash flow per share.
The news indicates that Antero Midstream is on track to meet its leverage target, allowing it to start share repurchases. This is a positive signal for investors as share repurchases can increase the value of remaining shares. Additionally, lower interest costs and CPI-based fee adjustments are expected to further improve its financial position.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100