v3.25.3
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue and other:        
Total revenue $ 1,213,994 $ 1,055,920 $ 3,864,194 $ 3,156,845
Operating expenses:        
Lease operating 32,415 29,597 103,645 88,477
Production and ad valorem taxes 28,884 47,423 119,013 147,524
General and administrative 56,944 54,627 176,572 169,917
Depletion, depreciation and amortization 188,778 189,266 562,719 568,374
Impairment of property and equipment 12,228 13,455 24,143 18,958
Accretion of asset retirement obligations 946 998 2,827 2,554
Contract termination, loss contingency and settlements 12,571 (1,517) 24,859 3,531
Loss (gain) on sale of assets 171 (1,297) 142 (1,127)
Other operating expense 25 342 74 370
Total operating expenses 1,095,877 1,080,892 3,269,722 3,214,164
Operating income (loss) 118,117 (24,972) 594,472 (57,319)
Other income (expense):        
Interest expense, net (18,232) (28,278) (61,554) (91,146)
Equity in earnings of unconsolidated affiliate 29,055 25,634 88,279 69,862
Loss on early extinguishment of debt   (528) (3,628) (528)
Total other income (expense) 10,823 (3,172) 23,097 (21,812)
Income (loss) before income taxes 128,940 (28,144) 617,569 (79,131)
Income tax benefit (expense) (43,330) 2,954 (145,920) 14,015
Net income (loss) and comprehensive income (loss) including noncontrolling interests 85,610 (25,190) 471,649 (65,116)
Less: net income and comprehensive income attributable to noncontrolling interests 9,431 10,157 30,914 27,307
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation $ 76,179 $ (35,347) $ 440,735 $ (92,423)
Net income (loss) per common share-basic (in dollars per share) $ 0.25 $ (0.11) $ 1.42 $ (0.3)
Net income (loss) per common share-diluted (in dollars per share) $ 0.24 $ (0.11) $ 1.41 $ (0.3)
Weighted average number of common shares outstanding:        
Basic (in shares) 308,763 311,025 310,128 308,932
Diluted (in shares) 311,034 311,025 312,741 308,932
Natural gas sales        
Revenue and other:        
Total revenue $ 630,887 $ 425,802 $ 2,099,645 $ 1,274,503
Natural gas liquids sales        
Revenue and other:        
Total revenue 470,392 504,200 1,512,581 1,511,253
Oil sales        
Revenue and other:        
Total revenue 31,351 52,724 115,386 180,899
Gathering, compression, processing and transportation        
Operating expenses:        
Cost of goods and services sold 711,003 685,183 2,107,742 2,020,906
Commodity derivative fair value gains        
Revenue and other:        
Total revenue 39,243 18,368 20,981 22,229
Marketing        
Revenue and other:        
Total revenue 34,902 47,160 94,203 145,098
Operating expenses:        
Cost of goods and services sold 51,068 62,144 145,826 192,764
Amortization of deferred revenue, VPP        
Revenue and other:        
Total revenue 6,368 6,812 18,896 20,289
Other revenue and income        
Revenue and other:        
Total revenue 851 854 2,502 2,574
Exploration        
Operating expenses:        
Cost of goods and services sold $ 844 $ 671 $ 2,160 $ 1,916

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