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Antero Resources AR Marketings — Cost of Goods Sold

Other product segments

Exploration
$904K+39.5%

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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:CostOfGoodsAndServicesSold.

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 itemThree Months Ended June 30, 2025Three Months Ended June 30, 2026
Lease operating37,24448,148
Gathering, compression, processing and transportation701,722748,181
Production and ad valorem taxes34,83037,535
Marketing51,98872,059
Exploration648904
General and administrative (including equity-based compensation expense of $15,855 and $13,266 in 2025 and 2026, respectively)57,18357,795
Depletion, depreciation and amortization187,589227,254
Impairment of property and equipment6,2974,455

Item 1. Financial Statements (Unaudited)

FAQ

What is Antero Resources's marketings — cost of goods sold?
Antero Resources (AR) reported marketings — cost of goods sold of $72.06M in Q2 2026.
How has Antero Resources's marketings — cost of goods sold changed year-over-year?
Antero Resources's marketings — cost of goods sold increased by 38.6% year-over-year, from $51.99M to $72.06M.
What is the long-term trend for Antero Resources's marketings — cost of goods sold?
Over 4 years (2021 to 2025), Antero Resources's marketings — cost of goods sold has grown at a -30.4% compound annual growth rate (CAGR), from $811.7M to $190.21M.
What does marketings — cost of goods sold mean?
This metric captures the direct costs associated with providing marketing and midstream services, including gathering, compression, processing, and transportation expenses. It represents the operational expenditures required to move products from the wellhead to the point of sale. Monitoring this cost is essential for evaluating the profitability and operational efficiency of the marketing segment.

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