v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue and other:    
Total revenue $ 1,945,126 $ 1,352,707
Operating expenses:    
Lease operating 44,529 33,986
Production and ad valorem taxes 80,997 55,299
General and administrative (including equity-based compensation expense of $15,145 and $11,733 in 2025 and 2026, respectively) 63,340 62,445
Depletion, depreciation and amortization 206,239 186,352
Impairment of property and equipment 948 5,618
Accretion of asset retirement obligations 1,063 939
Contract termination, loss contingency and settlements 12,035 (1,308)
Gain on sale of assets (45,950) (575)
Other operating expense 22 24
Total operating expenses 1,215,674 1,081,235
Operating income 729,452 271,472
Other income (expense):    
Interest expense, net (36,963) (23,368)
Equity in earnings of unconsolidated affiliate 30,118 28,661
Loss on early extinguishment of debt (6,742) (2,899)
Transaction expense (22,144)  
Total other income (expense) (35,731) 2,394
Income before income taxes 693,721 273,866
Income tax expense (145,508) (54,400)
Net income and comprehensive income including noncontrolling interests 548,213 219,466
Less: net income and comprehensive income attributable to noncontrolling interests 12,997 11,495
Net income and comprehensive income attributable to Antero Resources Corporation $ 535,216 $ 207,971
Net income per common share-basic (in dollars per share) $ 1.73 $ 0.67
Net income per common share-diluted (in dollars per share) $ 1.72 $ 0.66
Weighted average number of common shares outstanding:    
Basic (in shares) 308,933 311,328
Diluted (in shares) 311,426 314,798
Natural gas sales    
Revenue and other:    
Total revenue $ 1,311,476 $ 780,005
Natural gas liquids sales    
Revenue and other:    
Total revenue 503,649 561,432
Oil sales    
Revenue and other:    
Total revenue 46,695 50,335
Gathering, compression, processing and transportation    
Operating expenses:    
Cost of goods and services sold 789,106 695,017
Commodity derivative fair value gains (losses)    
Revenue and other:    
Total revenue 35,023 (71,671)
Marketing    
Revenue and other:    
Total revenue 41,661 25,558
Operating expenses:    
Cost of goods and services sold 62,553 42,770
Amortization of deferred revenue, VPP    
Revenue and other:    
Total revenue 5,795 6,230
Other revenue and income    
Revenue and other:    
Total revenue 827 818
Exploration    
Operating expenses:    
Cost of goods and services sold $ 792 $ 668

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