M&A Deal Summary

Antero Midstream Partners Acquires Antero Resources Corp - Water Business

On September 18, 2015, Antero Midstream Partners acquired utilities company Antero Resources Corp - Water Business from Antero Resources for 1.1B USD

Acquisition Highlights
  • This is Antero Midstream Partners’ 1st transaction in the Utilities sector.
  • This is Antero Midstream Partners’ largest (disclosed) transaction.
  • This is Antero Midstream Partners’ 1st transaction in the United States.

M&A Deal Summary

Date 2015-09-18
Target Antero Resources Corp - Water Business
Sector Utilities
Buyer(s) Antero Midstream Partners
Sellers(s) Antero Resources
Deal Type Divestiture
Deal Value 1.1B USD

Target

Antero Resources Corp - Water Business

United States
Antero Resources Corp - Water Business is a provider of water services in West Virginia and Ohio.

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Buyer(S) 1

Buyer

Antero Midstream Partners

Denver, Colorado, United States

Category Company
Founded 2013
Sector Oil/Gas Exploration
Employees604
Revenue 991M USD (2022)
DESCRIPTION

Antero Midstream is a limited partnership that owns, operates and develops midstream gathering, compression, processing and fractionation assets as well as integrated water assets that primarily service Antero Resources Corporation's properties located in West Virginia and Ohio. Antero Midstream Partners was founded in 2013 and is based in Denver, Colorado.


DEAL STATS #
Overall 1 of 2
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 2
Country (United States) 1 of 2
Year (2015) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-12 Crestwood Equity Partners s Marcellus Gathering and Compression System

Houston, Texas, United States

Crestwood Equity Partners's Marcellus Gathering and Compression System includes gas gathering and compression assets in Houston, Texas.

Buy $205M

Seller(S) 1

SELLER

Antero Resources

Denver, Colorado, United States

Category Company
Founded 2002
Sector Oil/Gas Exploration
Employees604
Revenue 4.3B USD (2023)
DESCRIPTION
Antero Resource's corporate headquarters in Denver, Colorado.
Antero Resource's corporate headquarters in Denver, Colorado.

Antero Resources is an independent oil and gas company focused on the exploration and exploitation of unconventional natural gas resources within the Rocky Mountain, Mid-Continent and Appalachia regions of the United States. Antero Resources was founded in 2002 and is based in Denver, Colorado.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1