Antero Resources Corporation

Antero Resources Corporation

AR
Antero Resources CorporationUS flagNew York Stock Exchange
37.37
USD
+0.55
- -
11.49BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.13
6.71
5.02
5.95
8.75
11.56
11.89
11.32
18.8
27.02
14.27
13.31
16.19
18.18
Basic EPS, GAAP
-0.07
2.57
3.43
-2.88
1.95
-1.26
-1.11
-4.65
-0.61
6.09
0.66
0.18
2.05
3.51
Free Cash Flow per Basic Share
-1.99
-2.33
1.16
0.25
3.4
4.3
3.05
2.52
5.02
9.4
2.76
2.41
4.01
5.16
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
13.73
16.73
21.42
19.89
25.76
24.84
23.55
21.47
18.34
22.72
22.74
22.57
24.48
26.94
Tangible Book Value per Share
13.73
16.73
21.42
19.89
25.76
24.84
23.55
21.47
18.34
22.72
22.74
22.57
24.48
26.94
Basic Weighted Avg Shares
262
262
274
295
315
316
306
272
308
307
300
309
310
309
Sales/Revenue/Turnover
821
1,759
1,375
1,755
2,761
3,653
3,644
3,084
5,792
8,300
4,279
4,119
5,014
5,617
Operating Margin (%)
-16.99
23.13
-34.21
-23.32
10.37
16.51
-3.44
-25.78
35.45
52.18
7.79
1.27
16.55
20.98
Depreciation Expense
235
479
711
812
827
975
919
865
746
720
750
766
754
813
Net Income, GAAP
-19
674
941
-849
615
-398
-340
-1,268
-187
1,872
198
57
634
1,084
Effective Tax Rate (%)
114.93
39.82
37.01
- -
- -
- -
- -
- -
- -
18.08
17.63
- -
24.24
23.12
Profit Margin (%)
-2.3
38.3
68.46
-48.36
22.28
-10.88
-9.33
-41.11
-3.23
22.55
4.64
1.39
12.65
19.29
Working Capital
-289
357
541
-415
71
-47
-117
-409
-1,382
-987
-976
-938
-672
-1,035
LT Debt
2,079
4,363
4,669
4,704
4,800
5,465
6,343
5,350
5,090
4,073
3,966
3,540
3,010
3,902
Total Equity
3,599
5,474
7,287
7,729
8,876
8,487
6,971
6,090
6,066
7,017
7,134
7,217
7,716
8,317
Return on Invested Capital (%)
0.47
3.09
-2.69
- -
- -
- -
- -
- -
- -
30.4
2.35
- -
5.56
7.57
Return on Capital (%)
-0.89
9.9
9.64
- -
- -
- -
- -
- -
- -
15.88
1.69
- -
5.85
9.47
Return on Common Equity (%)
-0.72
16.88
18.25
-13.92
8.54
-5.03
-4.65
-19.91
-3.24
29.92
2.91
0.82
8.71
13.87

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
516
536
714
LT Borrowings
1,398
2,665
2,432
LT Finance Leases
1,612
1,550
1,469
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
309
310
309
Market Capitalization
10,631
13,149
10,849

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
832
678
694
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
34
32
25
Inventories
- -
- -
- -
Total Current Liabilities
1,503
1,693
1,729
Payables & Accruals
875
1,111
978
ST Debt
516
536
714
Deferred Revenue
24
24
24

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.1%
5%
6.92%
Free Cash Flow
144.54%
39.39%
66.34%
Net Income, GAAP
-60.76%
-67.72%
1,008.62%
Sales/Revenue/Turnover
20.23%
20.13%
21.73%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,058
928
984
1,149
4,119
2025
1,393
1,204
1,133
1,283
5,014
2026
1,863
1,337
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
-0.26
-0.11
0.34
0.18
2025
0.67
0.5
0.25
0.63
2.05
2026
1.73
0.9
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Michael N. Kennedy
Full Time Employees
632
Sector
Energy
Industry
Oil & Gas Exploration & Production
Address
1615 Wynkoop Street Denver CO United States of America 80202
IPO Date
Oct 10, 2013
Business
Antero Resources Corporation (NYSE: AR) is an independent natural gas-focused exploration and production company engaged in the acquisition, exploration, development, and production of natural gas, natural gas liquids (NGLs including ethane, propane, butane, pentanes, and C3+ blends), and oil from unconventional reservoirs in the Appalachian Basin, primarily the Marcellus Shale in West Virginia and the Utica Shale in Ohio; the company operates an extensive leasehold position with low-cost, liquids-rich drilling inventory, integrated midstream infrastructure for gathering, compression, processing, and transportation, and firm capacity to Gulf Coast LNG facilities. Headquartered in Denver, Colorado, and founded in 2002, Antero ranks as the fourth-largest U.S. NGL producer and sixth-largest natural gas producer, with net production averaging 3.4 Bcfe/d (2.2 Bcf/d natural gas; 206 MBbl/d liquids) in Q3 2025, supplying 2.1 Bcf/d to LNG export markets amid rising global demand for cleaner energy. The company targets utilities, industrial users, petrochemical firms, refiners, and LNG exporters, prioritizing operational efficiency through advanced horizontal drilling, hydraulic fracturing, and record-setting laterals exceeding 22,000 feet. In recent developments, Antero completed approximately $260 million in bolt-on acquisitions of Marcellus acreage in West Virginia during Q3 2025, adding 75-100 MMcfe/d net production and 10 undeveloped locations funded by free cash flow at over 20% 2026 free cash flow yield; expanded its land budget to $125-150 million with 79 incremental drilling locations via organic leasing at ~$900,000 per location; repurchased 4.7 million shares year-to-date for $163 million under a $500 million program ($915 million remaining); reduced debt by $182 million year-to-date to $1.1 billion; added a spot rig for dry gas development with ~1,000 locations on 100,000 held-by-production acres, spudding a pad in Q4 2025 for Q1 2026 production; and enhanced hedges including 646 BBtu/d swaps for Q4 2025 at $3.70/MMBtu, 600 BBtu/d for 2026 at $3.82/MMBtu, and collars with raised floors. Leadership transitioned in 2025 with co-founder Paul M. Rady moving to Chairman Emeritus and Michael N. Kennedy appointed CEO and President of Antero Resources, alongside Brendan Krueger as CFO. These initiatives support raised 2025 production guidance to 3.4-3.45 Bcfe/d, underscore maintenance capital discipline generating $91 million free cash flow in Q3, and position the company to capitalize on natural gas demand from LNG exports, power generation, and data centers.

Company News

APIChatGPT
  • BIP Wealth LLC Takes Position in Antero Resources Corporation $AR

  • Bank of America Corp DE Grows Holdings in Antero Resources Corporation $AR

  • Diamond Hill Small-Mid Cap Fund Q2 2026 Portfolio Review

  • Antero Resources Corporation $AR Shares Purchased by Cetera Investment Advisers

  • Antero Announced as Official Jersey Patch Sponsor of WVU Athletics

  • Antero Announced as Official Jersey Patch Sponsor of WVU Athletics

  • Antero Announced as Official Jersey Patch Sponsor of WVU Athletics

  • Antero Resources: Cost Reduction Drive Underway

  • Antero Resources: Engineering Alpha At The Crossroads Of Hard Assets And Blowout Q2 Earnings (Technical Analysis)

  • Bank of Nova Scotia Cuts Stock Holdings in Antero Resources Corporation $AR

  • Antero Resources Corporation (AR) Q2 2026 Earnings Call Transcript

  • AR Q2 Earnings Beat Estimates on Record Production Gains

  • Antero Resources (AR) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

  • Antero Resources (AR) Q2 Earnings and Revenues Top Estimates

  • Antero Midstream Announces Second Quarter 2026 Financial and Operating Results

  • Antero Resources Announces Second Quarter 2026 Financial and Operating Results

  • WhiteHawk Income (NYSE:WHK) & Sundance Energy Australia (OTCMKTS:SDCJF) Head to Head Contrast

  • Antero Resources Corporation $AR Shares Acquired by First Trust Advisors LP

  • 3 New Analyst Picks for the Third Quarter of 2026

  • Move Over, Micron: Expert Predicts New Industry Will Soon Have Microsoft, Amazon, and Data Centers Over a Barrel