DENVER, April 30, 2025 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero Resources," "Antero," or the "Company") today announced its first quarter 2025 financial and operating results. The relevant consolidated financial statements are included in Antero Resources' Quarterly Report on Form 10-Q for the quarter ended March 31, 2025.
Highlights:
Net production averaged 3.4 Bcfe/dNatural gas production averaged 2.2 Bcf/d Liquids production averaged 206 MBbl/d Realized a pre-hedge natural gas equivalent price of $4.55 per Mcfe, which is a $0.90 per Mcfe premium to NYMEXRealized a pre-hedge C3+ NGL price of $45.65 per barrel, a $1.66 per barrel premium to Mont Belvieu pricing Net income was $208 million and Adjusted Net Income was $247 million (Non-GAAP)Adjusted EBITDAX was $549 million (Non-GAAP); net cash provided by operating activities was $458 million, increases of 110% and 75% compared to the prior year period, respectively Drilling and completion capital was $157 million, 16% below the prior year periodFree Cash Flow was $337 million (Non-GAAP)Net Debt during the quarter was reduced by $204 million, to $1.29 billion (Non-GAAP)Purchased 2.7 million shares for approximately $92 million year-to-date through April 30thDENVER, April 9, 2025 /PRNewswire/ -- Antero Resources (NYSE: AR) ("Antero" or the "Company") announced today that the Company plans to issue its first quarter 2025 earnings release on Wednesday, April 30, 2025 after the close of trading on the New York Stock Exchange.
A conference call is scheduled on Thursday, May 1, 2025 at 9:00 am MT to discuss the financial and operational results. A brief Q&A session for security analysts will immediately follow the discussion of the results. To participate in the call, dial in at 877-407-9079 (U.S.), or 201-493-6746 (International) and reference "Antero Resources." A telephone replay of the call will be available until Thursday, May 8, 2025 at 9:00 am MT at 877-660-6853 (U.S.) or 201-612-7415 (International) using the conference ID: 13750395. To access the live webcast and view the related earnings conference call presentation, visit Antero's website at www.anteroresources.com. The webcast will be archived for replay until Thursday, May 8, 2025 at 9:00 am MT.
DENVER, Feb. 12, 2025 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero Resources," "Antero," or the "Company") today announced its fourth quarter 2024 financial and operating results, year end 2024 estimated proved reserves and 2025 guidance. The relevant consolidated financial statements are included in Antero Resources' Annual Report on Form 10-K for the year ended December 31, 2024.
DENVER, Jan. 14, 2025 /PRNewswire/ -- Antero Resources (NYSE: AR) ("Antero" or the "Company") announced today that the Company plans to issue its fourth quarter 2024 earnings release on Wednesday, February 12, 2025 after the close of trading on the New York Stock Exchange.
A conference call is scheduled on Thursday, February 13, 2025 at 9:00 am MT to discuss the financial and operational results. A brief Q&A session for security analysts will immediately follow the discussion of the results. To participate in the call, dial in at 877-407-9079 (U.S.), or 201-493-6746 (International) and reference "Antero Resources." A telephone replay of the call will be available until Thursday, February 20, 2025 at 9:00 am MT at 877-660-6853 (U.S.) or 201-612-7415 (International) using the conference ID: 13750392. To access the live webcast and view the related earnings conference call presentation, visit Antero's website at www.anteroresources.com. The webcast will be archived for replay until Thursday, February 20, 2025 at 9:00 am MT.
DENVER, Oct. 30, 2024 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero Resources," "Antero," or the "Company") today announced its third quarter 2024 financial and operating results. The relevant unaudited condensed consolidated financial statements are included in Antero Resources' Quarterly Report on Form 10-Q for the quarter ended September 30, 2024.
Third Quarter 2024 Highlights:
DENVER, Oct. 9, 2024 /PRNewswire/ -- Antero Resources (NYSE: AR) ("Antero" or the "Company") announced today that the Company plans to issue its third quarter 2024 earnings release on Wednesday, October 30, 2024 after the close of trading on the New York Stock Exchange.
A conference call is scheduled on Thursday, October 31, 2024 at 9:00 am MT to discuss the financial and operational results. A brief Q&A session for security analysts will immediately follow the discussion of the results. To participate in the call, dial in at 877-407-9079 (U.S.), or 201-493-6746 (International) and reference "Antero Resources." A telephone replay of the call will be available until Thursday, November 7, 2024 at 9:00 am MT at 877-660-6853 (U.S.) or 201-612-7415 (International) using the conference ID: 13743805. To access the live webcast and view the related earnings conference call presentation, visit Antero's website at www.anteroresources.com. The webcast will be archived for replay until Thursday, November 7, 2024 at 9:00 am MT.
DENVER, July 10, 2024 /PRNewswire/ -- Antero Resources (NYSE: AR) ("Antero" or the "Company") announced today that the Company plans to issue its second quarter 2024 earnings release on Wednesday, July 31, 2024 after the close of trading on the New York Stock Exchange.
A conference call is scheduled on Thursday, August 1, 2024 at 9:00 am MT to discuss the financial and operational results. A brief Q&A session for security analysts will immediately follow the discussion of the results. To participate in the call, dial in at 877-407-9079 (U.S.), or 201-493-6746 (International) and reference "Antero Resources." A telephone replay of the call will be available until Thursday, August 8, 2024 at 9:00 am MT at 877-660-6853 (U.S.) or 201-612-7415 (International) using the conference ID: 13743656. To access the live webcast and view the related earnings conference call presentation, visit Antero's website at www.anteroresources.com. The webcast will be archived for replay until Thursday, August 8, 2024 at 9:00 am MT.
DENVER, May 15, 2024 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero Resources," "Antero," or the "Company") today announced that it has received an investment grade credit rating of BBB- from S&P Global Ratings ("S&P").
On May 15th, 2024, S&P upgraded Antero's corporate and issuer credit ratings to BBB- from BB+ with a stable outlook. The Company has maintained an investment grade credit rating from Fitch Ratings since September of 2022. With these two investment grade credit ratings, Antero expects a substantial reduction in letters of credit associated with its firm transportation portfolio and reduced interest expense.
DENVER, April 24, 2024 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero Resources," "Antero," or the "Company") today announced its first quarter 2024 financial and operating results. The relevant consolidated financial statements are included in Antero Resources' Quarterly Report on Form 10-Q for the quarter ended March 31, 2024.
First Quarter 2024 Highlights:
Net production averaged 3.4 Bcfe/d, an increase of 5% from the year ago periodLiquids production averaged 202 MBbl/d, an increase of 8% from the year ago period and now represents 35% of total productionRealized a pre-hedge natural gas equivalent price of $3.39 per Mcfe, a $1.15 per Mcfe premium to NYMEX pricing that averaged $2.24 per MMBtuNet income was $36 million, Adjusted Net Income was $22 million (Non-GAAP)Adjusted EBITDAX was $262 million (Non-GAAP); net cash provided by operating activities was $262 millionFree Cash Flow was $11 million (Non-GAAP)Averaged a company record 11.3 completion stages per day in the quarter, including 12.6 completion stages per day during the month of March Drilled the longest-lateral pad in company history, averaging 20,000 lateral feet per well for the five wells on the padExpanded Responsibly Sourced Gas certification with Project Canary to 2 Bcf/d of natural gas production Established commercial arrangement to supply LPG cookstoves in Ghana, AfricaDENVER, April 10, 2024 /PRNewswire/ -- Antero Resources (NYSE: AR) ("Antero" or the "Company") announced today that the Company plans to issue its first quarter 2024 earnings release on Wednesday, April 24, 2024 after the close of trading on the New York Stock Exchange.
A conference call is scheduled on Thursday, April 25, 2024 at 9:00 am MT to discuss the financial and operational results. A brief Q&A session for security analysts will immediately follow the discussion of the results. To participate in the call, dial in at 877-407-9079 (U.S.), or 201-493-6746 (International) and reference "Antero Resources." A telephone replay of the call will be available until Thursday, May 2, 2024 at 9:00 am MT at 877-660-6853 (U.S.) or 201-612-7415 (International) using the conference ID: 13743599. To access the live webcast and view the related earnings conference call presentation, visit Antero's website at www.anteroresources.com. The webcast will be archived for replay until Thursday, May 2, 2024 at 9:00 am MT.
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