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Antero Resources

AR

Antero Resources Corporation is an independent oil and natural gas company focused on the exploration, development, and production of natural gas, natural gas liquids (NGLs), and oil.

Market cap
$10.5B0.0%
Revenue$6.1B+25.8%
Net income$1.1B+128%
Free cash flow$2.0B+41.4%
EPS (diluted)$3.48+143%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$1.6B+20.2%
Operating income$375.5M+83.3%
Net income$286.4M+71.9%
EPS (diluted)$0.90+80.0%

Balance sheet

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Total debt$4.6B+32.2%
Total equity$8.3B+13.8%
Total assets$15.2B+19.3%

Cash flow

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Operating cash flow$438.8M-10.9%
CapEx$4.3M+337%
Free cash flow$434.6M-11.6%

Valuation & ratios

Valuation

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Market cap$10.5B0.0%
P/E9.4×-12.0×
P/S1.7×-0.4×

Profitability

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Operating margin24.7%+15.0pp
Net margin18.3%+8.2pp
FCF margin32.1%+3.5pp

Returns & leverage

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Return on equity14.4%+7.5pp
Debt / equity0.6×+0.1×
Current ratio0.4×+0.1×

Segments

By product

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Natural Gas Production$688.5M0.0%
Natural Gas Liquids Sales$587.7M+22.2%
Commodity Derivative Fair Value Gains Losses$160.6M+201%
Oil And Condensate$59.6M+76.8%
Marketings$56.1M+66.2%

By segment

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Exploration And Production$1.5B+19.0%
Antero Midstream$327.2M+7.1%
Marketing$56.1M+66.2%

Competitors

Profile

Antero Resources Corporation is an independent oil and natural gas company focused on the exploration, development, and production of natural gas, natural gas liquids (NGLs), and oil. The company primarily operates in the Appalachian Basin, leveraging a leading position in West Virginia and Ohio to supply energy products to diverse North American and international markets. Its core value proposition centers on efficient resource extraction from low-permeability subsurface rock formations through advanced hydraulic fracturing and horizontal drilling technologies.

Competitive position

A leading producer in the Appalachian Basin with a significant inventory of low-cost, liquids-rich drilling locations and a strategic midstream relationship.

GeographiesUnited States, Appalachian Basin, West Virginia, Ohio
Customer segmentsRefineries, Utilities, Industrial manufacturers, Energy marketers
Business modelResource extraction, Commodity production, Asset-heavy
SuppliersDrilling rig operators, Oilfield service providers, Water sourcing and disposal services, Steel and pipe manufacturers, Geophysical data providers
CustomersNatural gas utilities, Petrochemical manufacturers, Oil refineries, LNG export facilities, Propane distributors
Listed2013
Employees604.0
CEOMichael N. Kennedy
SectorEnergy
FilingsSEC EDGAR

Questions, answered.

What is Antero Resources's market cap?
Antero Resources (AR) has a market capitalization of $10.5B and trades on NYSE.
What is Antero Resources's revenue and profitability?
Antero Resources generated $6.1B in trailing twelve-month revenue with net income of $1.1B, representing a net margin of 18.3%, with free cash flow of $2.0B. These figures are based on the Q2 2026 filing.
Who are Antero Resources's competitors?
Antero Resources's key competitors include Range Resources, EQT Corporation, MATADOR RESOURCES COMPANY, and others. These companies compete in similar markets and product categories.
Who does Antero Resources partner with?
Antero Resources's notable partners include MPLX LP, HG Production.
What subsidiaries does Antero Resources have?
Antero Resources's subsidiaries include Antero Midstream.
Where is Antero Resources headquartered?
Antero Resources is headquartered in United States of America and employs approximately 604 people. It has been publicly traded since 2013.