Quarterly report pursuant to Section 13 or 15(d)

Subsidiary Guarantors - Statements of Operations (Details)

v3.19.1
Subsidiary Guarantors - Statements of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue and other:    
Revenues from contracts with customers $ 1,114,668 $ 911,430
Commodity derivative fair value gains (losses) (77,368) 22,437
Marketing derivative gains 91,186 94,234
Total revenue 1,037,407 1,028,101
Operating expenses:    
Production and ad valorem taxes 35,678 25,823
Impairment of unproved properties 81,244 50,536
Impairment of gathering systems and facilities 6,982  
Depletion, depreciation, and amortization 240,201 228,244
Accretion of asset retirement obligations 976 690
General and administrative 68,202 60,030
Contract termination and rig stacking 8,360  
Total operating expenses 1,071,114 881,607
Operating income (loss) (33,707) 146,494
Equity in earnings of unconsolidated affiliates 14,081 7,862
Interest (71,950) (64,426)
Gain on deconsolidation of Antero Midstream Partners LP 1,406,042  
Total other expenses 1,348,173 (56,564)
Income before income taxes 1,314,466 89,930
Provision for income tax expense (288,710) (9,120)
Net income and comprehensive income including noncontrolling interests 1,025,756 80,810
Net income and comprehensive income attributable to noncontrolling interests 46,993 65,977
Net income and comprehensive income attributable to Antero Resources Corporation 978,763 14,833
Natural gas sales    
Revenue and other:    
Revenues from contracts with customers 657,266 497,663
Natural gas liquids sales    
Revenue and other:    
Revenues from contracts with customers 313,685 234,170
Oil sales    
Revenue and other:    
Revenues from contracts with customers 48,052 30,273
Gathering, compression, water handling and treatment    
Revenue and other:    
Revenues from contracts with customers 4,479 4,935
Operating expenses:    
Cost of goods and services sold 424,529 291,938
Marketing    
Revenue and other:    
Revenues from contracts with customers 91,186 144,389
Operating expenses:    
Cost of goods and services sold 163,084 195,739
Exploration    
Operating expenses:    
Cost of goods and services sold 126 1,885
Lease operating    
Operating expenses:    
Cost of goods and services sold 41,732 26,722
Other income    
Revenue and other:    
Revenues from contracts with customers 107  
Reportable legal entity | Parent (Antero)    
Revenue and other:    
Commodity derivative fair value gains (losses) (77,368) 22,437
Marketing derivative gains 91,186 94,234
Total revenue 1,034,579 1,029,041
Operating expenses:    
Production and ad valorem taxes 34,738 24,807
Impairment of unproved properties 81,244 50,536
Depletion, depreciation, and amortization 218,494 195,812
Accretion of asset retirement obligations 913 656
General and administrative 49,908 46,420
Contract termination and rig stacking 8,360  
Accretion of contingent acquisition consideration   (3,874)
Total operating expenses 1,134,851 931,462
Operating income (loss) (100,272) 97,579
Equity in earnings of unconsolidated affiliates 589  
Interest (55,135) (53,498)
Equity in earnings (loss) of consolidated subsidiaries 15,021 (20,128)
Gain on deconsolidation of Antero Midstream Partners LP 1,205,705  
Total other expenses 1,166,180 (73,626)
Income before income taxes 1,065,908 23,953
Provision for income tax expense (288,710) (9,120)
Net income and comprehensive income including noncontrolling interests 777,198 14,833
Net income and comprehensive income attributable to Antero Resources Corporation 777,198 14,833
Reportable legal entity | Parent (Antero) | Natural gas sales    
Revenue and other:    
Revenues from contracts with customers 657,266 497,663
Reportable legal entity | Parent (Antero) | Natural gas liquids sales    
Revenue and other:    
Revenues from contracts with customers 313,685 234,170
Reportable legal entity | Parent (Antero) | Oil sales    
Revenue and other:    
Revenues from contracts with customers 48,052 30,273
Reportable legal entity | Parent (Antero) | Gathering, compression, water handling and treatment    
Operating expenses:    
Cost of goods and services sold 535,015 384,345
Reportable legal entity | Parent (Antero) | Marketing    
Revenue and other:    
Revenues from contracts with customers   144,389
Operating expenses:    
Cost of goods and services sold 163,084 195,739
Reportable legal entity | Parent (Antero) | Exploration    
Operating expenses:    
Cost of goods and services sold 126 1,885
Reportable legal entity | Parent (Antero) | Lease operating    
Operating expenses:    
Cost of goods and services sold 42,969 31,262
Reportable legal entity | Parent (Antero) | Other income    
Revenue and other:    
Revenues from contracts with customers 1,758 5,875
Reportable legal entity | Guarantor Subsidiaries    
Operating expenses:    
Equity in earnings of unconsolidated affiliates 1,228  
Gain on deconsolidation of Antero Midstream Partners LP 200,337  
Total other expenses 201,565  
Income before income taxes 201,565  
Net income and comprehensive income including noncontrolling interests 201,565  
Net income and comprehensive income attributable to Antero Resources Corporation 201,565  
Reportable legal entity | Non-Guarantor Subsidiaries    
Revenue and other:    
Total revenue 218,360 229,591
Operating expenses:    
Production and ad valorem taxes   1,016
Impairment of gathering systems and facilities 6,982  
Depletion, depreciation, and amortization 21,707 32,432
Accretion of asset retirement obligations 63 34
General and administrative 18,793 14,455
Accretion of contingent acquisition consideration 1,928 3,874
Total operating expenses 114,291 118,051
Operating income (loss) 104,069 111,540
Equity in earnings of unconsolidated affiliates 12,264 7,862
Interest (16,815) (11,297)
Total other expenses (4,551) (3,435)
Income before income taxes 99,518 108,105
Net income and comprehensive income including noncontrolling interests 99,518 108,105
Net income and comprehensive income attributable to Antero Resources Corporation 99,518 108,105
Reportable legal entity | Non-Guarantor Subsidiaries | Gathering, compression, water handling and treatment    
Revenue and other:    
Revenues from contracts with customers 218,360 229,591
Operating expenses:    
Cost of goods and services sold   11,368
Reportable legal entity | Non-Guarantor Subsidiaries | Lease operating    
Operating expenses:    
Cost of goods and services sold 64,818 54,872
Eliminations    
Revenue and other:    
Total revenue (215,532) (230,531)
Operating expenses:    
Production and ad valorem taxes 940  
General and administrative (499) (845)
Accretion of contingent acquisition consideration (1,928) (3,874)
Total operating expenses (178,028) (167,906)
Operating income (loss) (37,504) (62,625)
Interest   369
Equity in earnings (loss) of consolidated subsidiaries (15,021) 20,128
Total other expenses (15,021) 20,497
Income before income taxes (52,525) (42,128)
Net income and comprehensive income including noncontrolling interests (52,525) (42,128)
Net income and comprehensive income attributable to noncontrolling interests 46,993 65,977
Net income and comprehensive income attributable to Antero Resources Corporation (99,518) (108,105)
Eliminations | Gathering, compression, water handling and treatment    
Revenue and other:    
Revenues from contracts with customers (213,881) (224,656)
Operating expenses:    
Cost of goods and services sold (110,486) (103,775)
Eliminations | Lease operating    
Operating expenses:    
Cost of goods and services sold (66,055) (59,412)
Eliminations | Other income    
Revenue and other:    
Revenues from contracts with customers $ (1,651) $ (5,875)