v3.23.3
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue and other:        
Total revenue $ 1,126,176 $ 2,064,624 $ 3,487,829 $ 5,053,149
Operating expenses:        
Lease operating 33,484 27,453 91,553 70,486
Production and ad valorem taxes 32,258 92,998 117,692 227,648
General and administrative 58,425 42,903 169,587 123,033
Depletion, depreciation and amortization 176,259 169,607 515,247 511,390
Impairment of property and equipment 13,476 33,924 44,746 79,749
Accretion of asset retirement obligations 889 630 2,971 3,878
Contract termination and loss contingency 13,659 17,995 47,650 20,099
Loss (gain) on sale of assets (136) 214 (447) 2,071
Other operating expense 111   336  
Total operating expenses 1,070,444 1,290,464 3,189,543 3,422,070
Operating income 55,732 774,160 298,286 1,631,079
Other income (expense):        
Interest expense, net (31,634) (28,326) (85,262) (100,252)
Equity in earnings of unconsolidated affiliate 22,207 14,972 58,986 54,863
Loss on early extinguishment of debt   (30,307)   (45,375)
Loss on convertible note inducement   (169) (86) (169)
Total other expense (9,427) (43,830) (26,362) (90,933)
Income before income taxes 46,305 730,330 271,924 1,540,146
Income tax expense (13,663) (135,823) (46,013) (308,302)
Net income and comprehensive income including noncontrolling interests 32,642 594,507 225,911 1,231,844
Less: net income and comprehensive income attributable to noncontrolling interests 14,834 34,748 77,756 63,369
Net income and comprehensive income attributable to Antero Resources Corporation $ 17,808 $ 559,759 $ 148,155 $ 1,168,475
Income per share-basic (in dollars per share) $ 0.06 $ 1.83 $ 0.50 $ 3.77
Income per share-diluted (in dollars per share) $ 0.06 $ 1.72 $ 0.48 $ 3.51
Weighted average number of shares outstanding:        
Basic (in shares) 300,141 305,343 298,461 309,954
Diluted (in shares) 311,534 325,997 310,958 333,738
Natural gas sales        
Revenue and other:        
Total revenue $ 516,214 $ 1,736,039 $ 1,621,659 $ 4,290,825
Natural gas liquids sales        
Revenue and other:        
Total revenue 482,570 620,816 1,375,738 1,983,509
Oil sales        
Revenue and other:        
Total revenue 62,629 67,025 172,402 219,504
Gathering, compression, water handling and treatment, processing, and transportation        
Operating expenses:        
Cost of goods and services sold 671,886 716,388 1,981,033 1,962,878
Marketing.        
Revenue and other:        
Total revenue 53,068 159,985 155,390 335,173
Operating expenses:        
Cost of goods and services sold 69,542 185,377 217,078 415,571
Commodity derivative fair value gains (losses)        
Revenue and other:        
Total revenue 3,448 (530,523) 137,924 (1,807,565)
Amortization of deferred revenue, VPP        
Revenue and other:        
Total revenue 7,701 9,478 22,852 28,125
Other revenue and income        
Revenue and other:        
Total revenue 546 1,804 1,864 3,578
Exploration and mine expenses        
Operating expenses:        
Cost of goods and services sold $ 591 $ 2,975 $ 2,097 $ 5,267

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