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Antero Resources AR Antero Midstream — Revenue Third Party

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Other financials

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

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Market cap$10.55B+3.5%
P/E9.4×-11.3×
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×

Where this comes from

Reported directly by Antero Resources in its filing.

Tagged under the XBRL concept ar:RevenueThirdParty.

The source filing: Antero Resources’s 10-Q, filed April 29, 2026.

Filed
Apr 29, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-051530
Line itemExploration / and / ProductionMarketingEquity Method / Investment in / Antero / Midstream (1)Elimination of / Unconsolidated / AffiliateConsolidated / Total
Sales and revenues:
Third-party$1,902,90741,661606(606)1,944,568
Intersegment558313,605(313,605)558
Total revenue1,903,46541,661314,211(314,211)1,945,126
Operating expenses:
Lease operating44,52944,529
Gathering and compression269,11330,030(30,030)269,113
Processing287,768287,768

Item 1. Financial Statements (Unaudited)

FAQ

What is Antero Resources's antero midstream — revenue third party?
Antero Resources (AR) reported antero midstream — revenue third party of $606K in Q1 2026.
How has Antero Resources's antero midstream — revenue third party changed year-over-year?
Antero Resources's antero midstream — revenue third party increased by 20.0% year-over-year, from $505K to $606K.
What is the long-term trend for Antero Resources's antero midstream — revenue third party?
Over 3 years (2022 to 2025), Antero Resources's antero midstream — revenue third party has grown at a -78.4% compound annual growth rate (CAGR), from $238.39M to $2.42M.
What does antero midstream — revenue third party mean?
Represents revenue generated from services provided to external customers outside of the consolidated corporate entity. This metric highlights the segment's ability to monetize infrastructure assets by serving non-affiliated parties in the energy market.

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