Today's Q1 earnings releases on April 28

[dan_s]

These companies will announce Q1 results after the markets close today: AR, AM, CLR, MTDR and OVV

[Fraser921]

Antero Q1

Looks good to me

Realized natural gas equivalent price averaged $4.03 per Mcfe,
Still lost money on a GAAP basis, Net loss was $15 million
But here is where they hit it out of the park :  Adjusted EBITDAX was $519 million (Non-GAAP); net cash provided by operating activities was $564 million
 Drilling and completion capital expenditures were $141 million, a 54% decrease compared to the prior year period
 Free Cash Flow was $416 million (Non-GAAP)
 Net Debt at quarter end was $2.57 billion, a $433 million reduction from year end 2020 (Non-GAAP)

Negatives:

Hedge losses 183,078
Impairments 34,062
Conv Debt 39,046 > Huge screw up issuing conv bonds when stock was 4, They bought them back 3 months later at 2x

Shares o/s went up 12 m due to conv debt

Concerns:

- If they were willing to sell stock at 4 , 4 months ago, would they be willing to issue at 10
now?
- locked in 50 % of next year at 2.50 YUCK! Who thinks next year will be 2.50 with Democrat cult lame energy policies

Bright side: Liquids prices exceeded my expectation, reported realized of 40.72..No one has that high of a number

https://d1io3yog0oux5.cloudfront.net/_8 ... 21_204.pdf