|Bid||6.25 x 2900|
|Ask||0.00 x 1400|
|Day's Range||6.32 - 6.61|
|52 Week Range||4.26 - 14.56|
|Beta (5Y Monthly)||1.36|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 10, 2020 - Feb 16, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jan 29, 2019|
|1y Target Est||8.18|
Antero Midstream Corporation (NYSE: AM) ("Antero Midstream") today announced that the Board of Directors of Antero Midstream declared a cash dividend of $0.3075 per share ($1.23 per share annualized) for the fourth quarter of 2019. In addition, Antero Midstream announced plans to issue their fourth quarter and full year 2019 earnings on Wednesday, February 12, 2020 after the close of trading on the New York Stock Exchange.
Enterprise Products Partners' (EPD) Morgan's Point marine terminal in Texas can load 2.2 billion pounds of ethylene per year from two docks.
In order to improve the balance sheet, Range Resources (RRC) decides to shelve dividend payments, which will enable it to save $20 million per annum.
Hess Corp (HES) estimates gross resources of more than 6 billion barrels of oil equivalent from its 15 promising discoveries in the Stabroek Block, offshore Guyana.
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Matador Resources (MTDR) initially intends to start drilling nine wells of the recently received permits through two pads in the Permian Basin.
Chevron (CVX) set its investment budget for 2020 at $20 billion. Meanwhile, Transocean (RIG) announced that it has been awarded a one-year contract worth $91 million.
Moody's Investors Service ("Moody's") downgraded Antero Midstream Partners LP's (AM) Corporate Family Rating (CFR) to Ba3 from Ba2, Probability of Default Rating (PDR) to Ba3-PD from Ba2-PD and senior unsecured notes to B1 from Ba3. The Speculative Grade Liquidity Rating was unchanged at SGL-3. "The downgrade was prompted by the ratings downgrade of Antero Resources Corporation, the primary customer of Antero Midstream," commented Sajjad Alam, Moody's Senior Analyst.