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ES - Antero aims for 9% production growth, cash flow neutrality - February 18 2020
Antero Resources is charting a unique course among Appalachian gas producers in 2020 as it targets production growth and cash flow neutrality. It has set 2020 capex expectations at $1.15 billion, which is down 10% YOY, while aiming for 9% YOY production growth to 3.5 Bcfe/d, including 187,500 boe/d of liquids. In contrast, Cabot Oil & Gas plans to keep production flat from 4Q19 to 4Q20 in order to generate $275-300 million in free......
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