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Antero Resources AR Business Segments

FY'25FY'24FY'23FY'22
Revenue by Business
Antero Midstream$1.19B+7.4%$1.11B+6.2%$1.04B+13.2%$919.99M+2.4%
Exploration And Production$5.15B+24.2%$4.15B-7.4%$4.48B-33.4%$6.72B+72.3%
Marketing$125.9M-29.7%$179.07M-13.1%$206.12M-50.5%$416.76M-42.0%
Revenue Third Party by Business
Antero Midstream$2.42M+24.2%$1.94M+37.5%$1.41M-46.1%$2.62M+408%
Exploration And Production$5.15B+24.2%$4.14B-7.4%$4.47B-33.4%$6.72B+72.3%
Marketing$125.9M-29.7%$179.07M-13.1%$206.12M-50.5%$416.76M-42.0%
Revenue Intersegment by Business
Antero Midstream$1.19B+7.4%$1.1B+6.1%$1.04B+13.4%$917.36M+2.2%
Exploration And Production$2.28M-1.0%$2.3M+22.2%$1.88M+20.3%$1.56M+52.6%
Segment Reporting Other Item Amount by Business
Antero Midstream-$192K-$7.01M-571%$1.49M
Exploration And Production-$34.73M-187%-$12.1M+65.1%-$34.68M+7.8%-$37.61M
Operating Income by Business
Antero Midstream$644.67M-2.2%$659.17M+7.7%$611.86M+13.4%$539.47M-2.9%
Exploration And Production$947.95M+1,330%$66.3M-86.7%$498.85M-81.2%$2.65B+2,175%
Marketing-$64.31M+2.3%-$65.84M+35.8%-$102.61M+10.4%-$114.55M-23.5%
Total Assets by Business
Antero Midstream$23.08B+0.1%$23.06B+0.1%$23.03B+2.3%$22.52B+1.6%
Exploration And Production$51.93B-2.3%$53.15B-3.1%$54.82B-2.7%$56.37B+6.3%
Marketing$38.29M-25.9%$51.64M-28.4%$72.14M-59.6%$178.7M
Total Costs & Expenses by Business
Antero Midstream$543.76M+21.6%$447.03M+4.0%$429.91M+13.0%$380.52M+11.0%
Exploration And Production$4.2B+3.0%$4.08B+2.6%$3.98B-2.2%$4.07B+7.5%
Marketing$190.21M-22.3%$244.91M-20.7%$308.73M-41.9%$531.3M-34.5%
Segment Expenditure Addition To Long Lived Assets by Business
Antero Midstream$162.26M-5.9%$172.35M-5.8%$183.06M-38.8%$298.92M+28.4%
Exploration And Production$820.12M+14.4%$716.78M-59.5%$1.77B+87.4%$943.97M+31.9%
General And Administrative Expense Excluding Share Based Compensation by Business
Antero Midstream$41.98M+0.5%$41.75M+5.8%$39.46M-7.1%$42.47M
Exploration And Production$171.71M+5.4%$162.88M-1.3%$165M+20.0%$137.47M
Income Loss From Equity Method Investments by Business
Antero Midstream$116.44M+5.3%$110.57M+4.9%$105.46M+11.9%$94.22M+4.2%
Exploration And Production$98.48M+5.0%$93.79M+13.1%$82.95M+14.7%$72.33M-6.2%
D&A by Business
Antero Midstream$134.31M-4.1%$140M+2.9%$136.06M+3.3%$131.76M+21.1%
Exploration And Production$749.68M-1.6%$762.07M+2.0%$746.85M+4.4%$715.16M-3.6%
Stock-Based Comp by Business
Antero Midstream$45.96M+3.7%$44.33M+40.3%$31.61M+60.8%$19.65M
Exploration And Production$60.81M-8.5%$66.46M+11.7%$59.52M+67.9%$35.44M
Equity Method Investments by Business
Antero Midstream$2.38B-2.8%$2.45B-3.9%$2.55B-5.1%$2.68B-4.9%
Exploration And Production$990.98M+9.2%$907.49M+3.1%$880.08M-2.9%$906.8M-4.3%
Revenue by Product
Amortization Of Deferred Revenue Vpp$25.26M-6.8%$27.1M-11.3%$30.55M-18.8%$37.6M-16.9%
Commodity Derivative Fair Value Gains Losses$111.05M$166.32M
Marketings$125.9M-29.7%$179.07M-13.1%$206.12M-50.5%$416.76M-42.0%
Natural Gas Liquids Sales$1.99B-3.9%$2.07B+12.5%$1.84B-26.5%$2.5B+16.4%
Natural Gas Production$2.87B+58.0%$1.82B-17.1%$2.19B-60.3%$5.52B+60.4%
Oil And Condensate$150.16M-34.7%$230.03M-6.9%$247.15M-10.3%$275.67M+37.0%
Other Revenue And Income$3.37M-0.7%$3.4M+34.3%$2.53M-51.0%$5.16M+404%
Revenue (Gross) by Product
Marketings$125.9M-29.7%$179.07M-13.1%$206.12M-50.5%$416.76M-42.0%
Natural Gas Production$2.87B+58.0%$1.82B-17.1%$2.19B-60.3%$5.52B+60.4%
Oil And Condensate$150.16M-34.7%$230.03M-6.9%$247.15M-10.3%$275.67M+37.0%
Cost of Goods Sold by Product
Exploration$2.99M+14.2%$2.62M
Marketings$190.21M-22.3%$244.91M-14.1%$284.97M-46.4%$531.3M-34.5%
Natural Gas Gathering Transportation Marketing And Processing$2.86B+5.7%$2.7B+2.3%$2.64B+1.4%$2.61B+4.2%

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Questions, answered.

How does Antero Resources break its business down?
Antero Resources (AR) reports revenue by business across 3 parts — Antero Midstream, Exploration And Production and Marketing. Each is extracted from the segment footnotes and tracked over time.
Where does Antero Resources's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Antero Resources's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.