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Antero Resources AR Unproved properties

Unproved properties at other companies

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Permian ResourcesPR
$2.01B+4.9%

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:UnprovedOilAndGasPropertySuccessfulEffortMethod.

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 unproved properties?
Antero Resources (AR) reported unproved properties of $1.11B in Q1 2026.
How has Antero Resources's unproved properties changed year-over-year?
Antero Resources's unproved properties increased by 25.7% year-over-year, from $883.04M to $1.11B.
What is the long-term trend for Antero Resources's unproved properties?
Over 5 years (2020 to 2025), Antero Resources's unproved properties has grown at a -7.5% compound annual growth rate (CAGR), from $1.18B to $796.71M.
What does unproved properties mean?
Investments in land or exploration rights where it is not yet confirmed if oil or gas can be profitably extracted.
How do you interpret unproved properties?
An increase suggests active exploration and growth investment, while a decrease may indicate successful conversion to proved reserves or impairment of unsuccessful projects.
How does unproved properties compare across companies?
Common in exploration-heavy companies; peers with larger exploration budgets will show higher balances here.