NYSE:AROil and Gas
Antero Resources Reshapes Footprint With Early HG Energy Deal Completion
Antero Resources (NYSE:AR) has closed its acquisition of HG Energy ahead of schedule.
The deal expands core acreage and drilling inventory in West Virginia and is the largest transaction in Antero’s history.
The company paired the acquisition with a sale of non core Ohio Utica assets, reshaping its operating footprint.
Management highlights a longer inventory life, cost reductions, and room for further debt reduction and share repurchases.
For investors watching NYSE:AR, this update comes...