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Antero Resources AR Marketing — Operating Income

Other segment segments

Exploration And Production
$391.45M+75.4%
Antero Midstream
$181.91M-2.4%

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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:OperatingIncomeLoss.

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 idling375(375)
Depletion, depreciation and amortization187,58933,364(33,364)187,589
Impairment of property and equipment6,2976,297
Other (2)15,75750(50)15,757
Total operating expenses1,040,62251,988119,028(119,028)1,092,610
Operating income (loss)$223,128(18,245)186,444(186,444)204,883
Equity in earnings of unconsolidated affiliates$30,56330,016(30,016)30,563
Capital expenditures for segment assets$208,40936,734(36,734)208,409

Item 1. Financial Statements (Unaudited)

FAQ

What is Antero Resources's marketing — operating income?
Antero Resources (AR) reported marketing — operating income of -$15.99M in Q2 2026.
How has Antero Resources's marketing — operating income changed year-over-year?
Antero Resources's marketing — operating income increased by 12.3% year-over-year, from -$18.25M to -$15.99M.
What is the long-term trend for Antero Resources's marketing — operating income?
Over 4 years (2021 to 2025), Antero Resources's marketing — operating income has grown at a -8.8% compound annual growth rate (CAGR), from -$92.78M to -$64.31M.
What does marketing — operating income mean?
The profit or loss generated by the marketing segment after deducting operating expenses from total segment revenues. It measures the core profitability of the segment's commercial operations before interest, taxes, and corporate allocations.

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