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Antero Resources AR Operating Segments — Oil And Gas Production Expense

Discontinued — last reported Q4 '17

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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:OilAndGasProductionExpense.

The official record: Antero Resources’s 10-K, filed February 13, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — oil and gas production expense mean?
The direct costs required to operate and maintain oil and gas wells to keep them producing.
How do you interpret operating segments — oil and gas production expense?
Lower costs per unit indicate superior operational efficiency and cost control, whereas rising costs may signal aging infrastructure or inflationary pressures on field services.
How does operating segments — oil and gas production expense compare across companies?
Commonly referred to as 'Lease Operating Expense (LOE)' or 'Production Costs' in the upstream energy sector.