Antero Resources AR Exploration — Cost of Goods Sold

Other product segments

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PRExploration expenses

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Questions, answered.

What is Antero Resources's exploration — cost of goods sold?

Antero Resources (AR) reported exploration — cost of goods sold of $792K in Q1 2026.

How has Antero Resources's exploration — cost of goods sold changed year-over-year?

Antero Resources's exploration — cost of goods sold increased by 18.6% year-over-year, from $668K to $792K.

What is the long-term trend for Antero Resources's exploration — cost of goods sold?

Over 2 years (2021 to 2025), Antero Resources's exploration — cost of goods sold has grown at a -32.5% compound annual growth rate (CAGR), from $6.57M to $2.99M.

What does exploration — cost of goods sold mean?

The direct operating expenses associated with the company's efforts to discover and evaluate new oil and gas reserves.

How do you interpret exploration — cost of goods sold?

A decrease in these costs may indicate reduced exploration activity or improved efficiency in geological assessments, while an increase suggests higher investment in future growth through new resource discovery.

How does exploration — cost of goods sold compare across companies?

Peers in the upstream energy sector report similar metrics under exploration expenses or geological and geophysical costs, which are typically benchmarked against the company's reserve replacement ratio and capital expenditure budget.