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Antero Resources AR Exploration And Production — Total Costs & Expenses

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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 us-gaap:CostsAndExpenses.

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

Filed
Jul 29, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-088153
Line itemExploration / and / ProductionMarketingEquity Method / Investment in / Antero / Midstream (1)Elimination of / Unconsolidated / AffiliateConsolidated / Total
Facility idling287(287)
Depletion, depreciation and amortization227,25437,378(37,378)227,254
Impairment of property and equipment4,455133(133)4,455
Other (2)(11,044)454(454)(11,044)
Total operating expenses1,112,32472,059145,335(145,335)1,184,383
Operating income (loss)$391,452(15,993)181,909(181,909)375,459
Equity in earnings of unconsolidated affiliates$29,37928,525(28,525)29,379
Capital expenditures for segment assets$340,71652,743(52,743)340,716

Item 1. Financial Statements (Unaudited)

FAQ

What is Antero Resources's exploration and production — total costs & expenses?
Antero Resources (AR) reported exploration and production — total costs & expenses of $1.11B in Q2 2026.
How has Antero Resources's exploration and production — total costs & expenses changed year-over-year?
Antero Resources's exploration and production — total costs & expenses increased by 6.9% year-over-year, from $1.04B to $1.11B.
What is the long-term trend for Antero Resources's exploration and production — total costs & expenses?
Over 4 years (2021 to 2025), Antero Resources's exploration and production — total costs & expenses has grown at a 2.7% compound annual growth rate (CAGR), from $3.78B to $4.2B.
What does exploration and production — total costs & expenses mean?
This metric represents the aggregate operating costs incurred by the exploration and production segment to extract natural gas and liquids. It includes lease operating expenses, production taxes, administrative overhead, and depletion charges associated with resource extraction.

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