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Antero Resources AR Marketing — Operating Income

Other segment segments

Exploration And Production
$750.34M+160%
Antero Midstream
$188.61M+6.4%

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MUSAMarketing — Investment (income) loss
$1.6M-7.2%

Other financials

Income statement

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Revenue$1.9B+43.8%
Operating income$729.5M+169%
Net income$548.2M+150%
EPS (diluted)$1.72+161%

Balance sheet

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Cash & equivalents$4.5M
Total debt$4.8B+24.8%
Total equity$8.1B+11.7%
Total assets$15.3B+17.6%

Cash flow

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Operating cash flow$859.1M+87.7%
CapEx$4.6M+666%
Free cash flow$854.4M+86.9%

Valuation

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Market cap$10.29B+4.1%
P/E10.3×-25.3×
P/S1.8×-0.4×

Profitability

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Operating margin22.9%+17.9pp
Net margin17.1%+11.0pp
FCF margin34.5%+11.6pp

Returns & leverage

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Return on equity13.1%+9.2pp
Debt / equity0.6×+0.1×
Current ratio0.4×0.0×

Where this comes from

Reported directly by Antero Resources in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Antero Resources’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Antero Resources's marketing — operating income?
Antero Resources (AR) reported marketing — operating income of -$20.89M in Q1 2026.
How has Antero Resources's marketing — operating income changed year-over-year?
Antero Resources's marketing — operating income decreased by 21.4% year-over-year, from -$17.21M to -$20.89M.
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 net profit or loss from the marketing segment's operations.
How do you interpret marketing — operating income?
Positive income indicates a profitable business unit, while a loss suggests the segment is currently a cost center or facing significant market headwinds.
How does marketing — operating income compare across companies?
Standard segment-level profitability metric used in financial reporting.