Antero Midstream: Sailing Toward Higher Dividends (NYSE:AM)


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Antero Midstream (NYSE:AM) continues sailing closer to increased dividends. The increase triggers when the net leverage falls below 3. In past articles, we highlighted excess cash flows and debt levels for following progress toward

Leverage Balance (Million Except as Noted) EBITDA Capital Quarter Capital Year-to-Date Debt Reduction Debt (Billion)
1st Quarter 2023 $242 $32 $32 $30 $3.33
2nd Quarter 2023 $242 $50 $82 $30 $3.3
2023 $980 -$1000 * NA $160 $120 ** $3.24
2024 $1070 *** NA $140 # $250 ## $3

Leverage Debt (Billion) EBITDA Leverage
2023 End $3.24 $990 3.25
2024 End $3.0 $1070 2.8



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