Thanks Paul. I'll our XXXX highlighting begin recently published my comments ESG Report.
our plays midstream role vital low-emission to our the hydrocarbons basins, one and needed communities. processing leading of a cost As and transporting economy a and Company lowest in Antero heat power Midstream
in aid Our the and Appalachia infrastructure demand us allows the supply effort world. in with global eliminate poverty across links reliable to to energy energy
integrated in AM's Supporting on Role AM's X allow and nations. domestically depicted internationally, Slide including AR its LPG, developing Access, Global services both Energy As midstream number titled dominion transport to
exports This to went we Nigeria, a Specifically, displacement of XXXX. future. which approximately to and name the and India sources nations trend LPG continued people's energy intensive of This and Peru, in delivery of included communities through heating cooking. importantly, through livelihood, few. the and into used expensive expect trend XXXX, continue developing more AR's these directly safety, X/X health, this And for LPG to carbon to improves
other in of operations, excellence, role and to we employee our and global commitment operate. recovering X focus we efforts remained delivering lower Way We X the Even consecutive communities, hunger supporting Number economy, sixth which active environmental had With proud year. through safety, responsibly organizations. in a lost-time very on relief through a ongoing incidences in our for the future. pandemic, highlights carbon governance. we drive are needed the a strong Safe community and United to the the Slide energy COVID-XX communities our Company-wide
Midstream future Midstream in of rate significantly X% X.XX% than loss we We X the to are average also peer more industry leak XXXX, XX% lower industry and the X.XXX%. than below leaders goal reduced methane industry. In of our environmental
wastewater recycle water system gathered. Our and of total reuse integrated allowed AR's us to XX%
In used transported million and XXX% tons eliminating of equivalent. completions was traffic addition, metric miles avoiding pipeline, freshwater COX truck XX by in XX,XXX of
core ESG compensation and ESG executive ultimately ESG benefits and an improvement aligning further all of focus, by continuous our culture performance of this took our with established we our stakeholders. Lastly, believe We ESG focus committee.
Rates. move Continued titled High let's at on Asset third Slide quarter on X operational beginning Utilization Now to the results AM,
During the rates XX% utilization, X, rates million averaging utilization quarter, averaging of the and XXX day was at XX% compression the incremental capacity impressive JV which with maintained include processing our the XX% of respectively. capacity capacity utilization placed Smithburg a high and and These service early part asset in fractionation at quarter. processing we
XXX to XX release, AR. the paying quarter third AM million Hopedale out in detailed negatively Processing by not downtime earnings day resulting and As the a impacted Sherwood in approximately at facilities the were to due fractionation volumes throughput million earn-out of and
have capital the the we expenditures back online quarter slightly fourth and of fourth to capital during to brought fourth all EBITDA XXX quarter, million, earn-out than result the into Adjusted volumes to expect a was quarter of as deferral expenditures were the the ahead discussed AR. for Capital million. were pay Looking we last on impacts. lower the to what quarter quarter's weather due XX call quarter
year, to For XXX be our range still the within of guidance capital to expect full we XXX million.
quarter, times. free to after cash third we flow $XX free reduce which totaled flow allowed dividends. million, has before to our Year-to-date us cash the During X.X dividends leverage million has $XX of generated
full-year increased the after we dividends flow by free we to outspend with XXXX we that As neutral discussed, line there. look after just a fourth cash out the approximately which expenditures profile modest as capital in in dividends driven quarter, will is expect guidance a result put
we the facility. onto on Moving Number drawn XXth, X, Sheet of as Balance our million Slide on September $XXX had bank credit
extended XXXX. the bank maturity our notes, by extending in note debt until quarter, X refinanced or a we resulting recall, to no XXX. the second the senior at XXXX you years As October, maturities of XXXX, same in we to coupon In XXXX senior maturity
to bank our credit debt from reduces by reduction. and rating facility And X.XX In addition, unutilized billion. long-term plan credit X.XX billion on reduction fees our commitments to as focused agencies. we leverage the reflects viewed The our elected commitment absolute favorably reduce
As that facility a are time in dividends cash of after previously we through credit announced reminder, XXXX, completely we flow XXXX undrawn million would at approximately which the the period. from free result end of targeting XXX that
the repay borrowings. flows utilized credit to Assuming cash free facility
next on confidence our planning AR long-term with into which provides Importantly, years gives integrated delivering the X visibility outlook. significant beyond, us in that with us and
AM's want of credit the bottom Lastly, the to momentum on half page. front, on the highlight I
received cost respectively. which The lower upgrades ratings So With and from far finance improvement pure upgrades and S&P in much de helps in AM, and in for XXXX, both AM's in we're and to drive for This questions. am shareholders. Operator? capital leverage reflect value BaX BB multiple of profile, a AR's -risked take internally to strength, ready AM's that leading capital position, Moody's, has us dividends. significant bringing Operator, the resulted financial liquidity budgets turn strong
