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Antero Resources AR Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Revenue by Business
Antero Midstream$1.21B+8.3%$1.19B+7.4%$1.18B+9.3%$1.15B+7.6%$1.12B+5.4%
Exploration And Production$5.73B+30.1%$5.15B+24.2%$4.9B+18.0%$4.73B+12.2%$4.4B+4.8%
Marketing$142M-9.0%$125.9M-29.7%$128.17M-34.5%$140.43M-30.4%$156.11M-20.4%
Revenue by Product
Amortization Of Deferred Revenue Vpp$24.83M-6.6%$25.26M-6.8%$25.71M-8.1%$26.15M-9.4%$26.59M-10.6%
Commodity Derivative Fair Value Gains Losses$217.74M$111.05M
Marketings$142M-9.0%$125.9M-29.7%$128.17M-34.5%$140.43M-30.4%$156.11M-20.4%
Natural Gas Liquids Sales$1.93B-8.6%$1.99B-3.9%$2.07B+4.9%$2.1B+7.8%$2.11B+13.5%
Natural Gas Production$3.4B+60.3%$2.87B+58.0%$2.64B+43.3%$2.44B+26.0%$2.12B+6.3%
Oil And Condensate$146.52M-32.1%$150.16M-34.7%$164.51M-35.6%$185.89M-30.0%$215.65M-17.1%
Other Revenue And Income$3.38M+0.6%$3.37M-0.7%$3.32M+2.6%$3.33M+13.5%$3.36M+17.8%

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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.