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Antero Resources AR Exploration And Production — Operating Lease Expense

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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:OperatingLeaseExpense.

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
Intersegment509327,244(327,244)509
Total revenue1,503,77656,066327,244(327,244)1,559,842
Operating expenses:
Lease operating48,14848,148
Gathering and compression270,22536,533(36,533)270,225
Processing292,745292,745
Transportation185,211185,211
Water handling47,993(47,993)

Item 1. Financial Statements (Unaudited)

FAQ

What is Antero Resources's exploration and production — operating lease expense?
Antero Resources (AR) reported exploration and production — operating lease expense of $48.15M in Q2 2026.
How has Antero Resources's exploration and production — operating lease expense changed year-over-year?
Antero Resources's exploration and production — operating lease expense increased by 29.3% year-over-year, from $37.24M to $48.15M.
What is the long-term trend for Antero Resources's exploration and production — operating lease expense?
Over 3 years (2022 to 2025), Antero Resources's exploration and production — operating lease expense has grown at a 10.7% compound annual growth rate (CAGR), from $99.6M to $135.12M.
What does exploration and production — operating lease expense mean?
Costs incurred for the rental of equipment, land, or facilities necessary for exploration and production activities. This reflects the company's reliance on leased assets versus owned infrastructure.

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