|Bid||8.51 x 3100|
|Ask||8.52 x 1200|
|Day's Range||8.32 - 8.73|
|52 Week Range||1.69 - 8.80|
|Beta (5Y Monthly)||3.25|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 17, 2021|
|Forward Dividend & Yield||1.23 (15.13%)|
|Ex-Dividend Date||Feb 02, 2021|
|1y Target Est||7.25|
These are the energy stocks with the best value, fastest growth, and most momentum for February 2021.
Antero Resources Corporation (NYSE: AR) ("Antero Resources") announced today the pricing of its private placement to eligible purchasers of $700 million in aggregate principal amount of 7.625% senior unsecured notes due 2029 at par (the "Notes"). The offering is expected to close on January 26, 2021, subject to customary closing conditions.
"The upgrades reflect significant improvements in the credit profile of AM's principal customer Antero Resources Corporation (Antero Resources, B1 stable) that will bring stability in AM's operations and cash flow," said Sajjad Alam, Moody's Senior Analyst. Antero Midstream's B1 CFR reflects its heavy reliance on Antero Resources, concentrated geographic focus in the Appalachian Basin, and indirect exposure to highly volatile natural gas and natural gas liquids (NGLs) prices. AM's primary counter-party Antero Resources is trying to operate with lower costs, generate free cash flow, reduce debt and push out significant debt maturities.