v3.25.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue and other:    
Total revenue $ 1,352,707 $ 1,122,271
Operating expenses:    
Lease operating 33,986 29,121
Production and ad valorem taxes 55,299 58,168
General and administrative (including equity-based compensation expense of $16,077 and $15,145 in 2024 and 2025, respectively) 62,445 55,862
Depletion, depreciation and amortization 186,352 190,475
Impairment of property and equipment 5,618 5,190
Accretion of asset retirement obligations 939 776
Contract termination, loss contingency and settlements (1,308) 2,039
Loss (gain) on sale of assets (575) 188
Other operating expense 24 17
Total operating expenses 1,081,235 1,074,532
Operating income 271,472 47,739
Other income (expense):    
Interest expense, net (23,368) (30,187)
Equity in earnings of unconsolidated affiliate 28,661 23,347
Loss on early extinguishment of debt (2,899)  
Total other income (expense) 2,394 (6,840)
Income before income taxes 273,866 40,899
Income tax expense (54,400) (6,227)
Net income and comprehensive income including noncontrolling interests 219,466 34,672
Less: net income and comprehensive income attributable to noncontrolling interests 11,495 11,942
Net income and comprehensive income attributable to Antero Resources Corporation $ 207,971 $ 22,730
Net income per common share-basic (in dollars per share) $ 0.67 $ 0.07
Net income per common share-diluted (in dollars per share) $ 0.66 $ 0.07
Weighted average number of common shares outstanding:    
Basic (in shares) 311,328 304,943
Diluted (in shares) 314,798 312,503
Natural gas sales    
Revenue and other:    
Total revenue $ 780,005 $ 474,133
Natural gas liquids sales    
Revenue and other:    
Total revenue 561,432 517,862
Oil sales    
Revenue and other:    
Total revenue 50,335 64,717
Gathering, compression, processing and transportation    
Operating expenses:    
Cost of goods and services sold 695,017 672,281
Commodity derivative fair value gains (losses)    
Revenue and other:    
Total revenue (71,671) 9,446
Marketing    
Revenue and other:    
Total revenue 25,558 48,520
Operating expenses:    
Cost of goods and services sold 42,770 59,813
Amortization of deferred revenue, VPP    
Revenue and other:    
Total revenue 6,230 6,738
Other revenue and income    
Revenue and other:    
Total revenue 818 855
Exploration    
Operating expenses:    
Cost of goods and services sold $ 668 $ 602

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