Antero Resources Re-iterates 2018 Guidance Despite Weather Issues in First Quarter
Antero’s fourth-quarter financial results were a hair ahead of consensus estimates, with adjusted EBITDA and adjusted earnings per share coming in at $437 million and $0.23, respectively. Production for the period came in at 2,347 mmcfe/d, which was 1% higher sequentially and 18% higher year over year. That pushes annual volumes to 2,253 mmcfe/d, which is at the low end of previous guidance (though drilling and completion capital expenditures also came in below guidance in 2017, at $1.3 billion)...
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