Exhibit 12.1
ANTERO RESOURCES CORPORATION
 COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
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 | Nine Months | 
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 | Ended | 
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 | Year Ended December 31, | 
 | September 30, | 
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 | 2010 | 
 | 2011 | 
 | 2012 | 
 | 2013 | 
 | 2014 | 
 | 2015 | 
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| Pre-tax income (loss) from continuing operations | 
 | $ | 1,155 | 
 | $ | 456,485 | 
 | $ | 346,505 | 
 | $ | 162,023 | 
 | $ | 1,117,049 | 
 | $ | 1,281,609 | 
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| Fixed charges | 
 | 56,736 | 
 | 74,743 | 
 | $ | 97,877 | 
 | $ | 137,343 | 
 | 163,458 | 
 | $ | 173,167 | 
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| Total adjusted earnings available for payment of fixed charges | 
 | $ | 57,891 | 
 | $ | 531,228 | 
 | $ | 444,382 | 
 | $ | 299,366 | 
 | $ | 1,280,507 | 
 | $ | 1,454,776 | 
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| Fixed charges | 
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| Interest expense, including amortization of debt related expenses | 
 | $ | 56,463 | 
 | $ | 74,404 | 
 | $ | 97,510 | 
 | $ | 136,617 | 
 | $ | 160,051 | 
 | $ | 170,989 | 
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| Rental expense representative of interest factor | 
 | $ | 273 | 
 | $ | 339 | 
 | $ | 367 | 
 | $ | 726 | 
 | 3,407 | 
 | $ | 2,178 | 
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| Total fixed charges | 
 | $ | 56,736 | 
 | $ | 74,743 | 
 | $ | 97,877 | 
 | $ | 137,343 | 
 | $ | 163,458 | 
 | $ | 173,167 | 
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| Ratio of earnings to fixed charges | 
 | 1.02 | X | 7.11 | X | 4.54 | X | 2.18 | X | 7.83 | X | 8.40 | X | ||||||