NYSE:AROil and Gas
Antero Weighs HG Energy Deal And New Bonds Against Growth Plans
Antero Resources (NYSE:AR) has completed its acquisition of HG Energy, the largest transaction in the company’s history.
The deal adds additional acreage, extends Marcellus core inventory, and increases Antero’s exposure to dry gas.
Antero has also issued its first investment grade bonds, aiming to strengthen its capital structure and flexibility.
The HG Energy acquisition was financed with debt rather than new equity issuance.
The company reports operational resilience through a recent...