Quarterly report pursuant to Section 13 or 15(d)

Reportable Segments (Details)

v3.21.2
Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Sales and revenues:          
Sales and revenues - Third-party $ 533,892 $ 379,916 $ 2,227,437 $ 2,180,427  
Sales and revenues - Intersegment 530 675 551 2,180  
Revenues 534,422 380,591 2,227,988 2,182,607  
Operating expenses:          
Lease operating 25,363 21,450 71,555 71,836  
Impairment of oil and gas properties 26,253 29,392 69,618 155,962  
Depletion, depreciation, and amortization 182,810 238,418 564,166 652,130  
General and administrative 32,442 31,640 108,693 101,264  
Other 323,403 157,185 771,776 422,929  
Total operating expenses 1,218,496 1,134,700 3,460,472 3,281,205  
Operating income (loss) (684,074) (754,109) (1,232,484) (1,098,598)  
Equity in earnings of unconsolidated affiliate 21,450 24,419 57,621 (83,408)  
Investment in unconsolidated affiliate 236,597 272,926 236,597 272,926 $ 255,082
Segment assets 13,471,538 13,349,739 13,471,538 13,349,739 $ 13,150,845
Capital expenditures for segment assets 387,783 151,269 510,941 726,402  
Gathering, compression, processing, and transportation          
Operating expenses:          
Cost of goods and services sold 628,225 656,615 1,874,664 1,877,084  
Operating segments | Exploration and production          
Sales and revenues:          
Sales and revenues - Third-party 301,207 288,419 1,664,509 1,978,572  
Sales and revenues - Intersegment 530 675 551 2,180  
Revenues 301,737 289,094 1,665,060 1,980,752  
Operating expenses:          
Lease operating 25,363 21,450 71,555 71,836  
Impairment of oil and gas properties 26,253 29,392 69,618 155,962  
Depletion, depreciation, and amortization 182,810 238,418 564,166 652,130  
General and administrative 32,442 31,640 108,693 101,264  
Other 56,652 28,605 143,954 88,023  
Total operating expenses 951,745 1,006,120 2,832,650 2,946,299  
Operating income (loss) (650,008) (717,026) (1,167,590) (965,547)  
Equity in earnings of unconsolidated affiliate 21,450 24,419 57,621 (83,408)  
Investment in unconsolidated affiliate 236,597 272,926 236,597 272,926  
Segment assets 13,375,515 13,349,739 13,375,515 13,349,739  
Capital expenditures for segment assets 387,783 151,269 510,941 726,402  
Operating segments | Exploration and production | Gathering, compression, processing, and transportation          
Operating expenses:          
Cost of goods and services sold 628,225 656,615 1,874,664 1,877,084  
Operating segments | Marketing          
Sales and revenues:          
Sales and revenues - Third-party 232,685 91,497 562,928 201,855  
Revenues 232,685 91,497 562,928 201,855  
Operating expenses:          
Other 266,751 128,580 627,822 334,906  
Total operating expenses 266,751 128,580 627,822 334,906  
Operating income (loss) (34,066) (37,083) (64,894) (133,051)  
Segment assets 96,023   96,023    
Operating segments | Antero Midstream Corporation          
Sales and revenues:          
Sales and revenues - Third-party 242,472        
Sales and revenues - Intersegment (17,668) 233,415 681,712 696,859  
Revenues 224,804 233,415 681,712 696,859  
Operating expenses:          
Impairment of midstream assets       665,491  
Depletion, depreciation, and amortization 27,487 26,801 80,956 81,889  
General and administrative 14,810 13,232 46,991 39,191  
Other 1,187 3,513 8,590 14,062  
Total operating expenses 82,983 81,598 254,905 929,480  
Operating income (loss) 141,821 151,817 426,807 (232,621)  
Equity in earnings of unconsolidated affiliate 24,088 23,173 66,347 63,197  
Investment in unconsolidated affiliate 703,780   703,780    
Segment assets 5,533,633 5,673,504 5,533,633 5,673,504  
Capital expenditures for segment assets 82,583 41,851 156,948 165,265  
Operating segments | Antero Midstream Corporation | Gathering, compression, processing, and transportation          
Operating expenses:          
Cost of goods and services sold 39,499 38,052 118,368 128,847  
Elimination of intersegment transaction          
Sales and revenues:          
Sales and revenues - Third-party (242,472)        
Sales and revenues - Intersegment 17,668 (233,415) (681,712) (696,859)  
Revenues (224,804) (233,415) (681,712) (696,859)  
Operating expenses:          
Impairment of midstream assets       (665,491)  
Depletion, depreciation, and amortization (27,487) (26,801) (80,956) (81,889)  
General and administrative (14,810) (13,232) (46,991) (39,191)  
Other (1,187) (3,513) (8,590) (14,062)  
Total operating expenses (82,983) (81,598) (254,905) (929,480)  
Operating income (loss) (141,821) (151,817) (426,807) 232,621  
Equity in earnings of unconsolidated affiliate (24,088) (23,173) (66,347) (63,197)  
Investment in unconsolidated affiliate (703,780)   (703,780)    
Segment assets (5,533,633) (5,673,504) (5,533,633) (5,673,504)  
Capital expenditures for segment assets (82,583) (41,851) (156,948) (165,265)  
Elimination of intersegment transaction | Gathering, compression, processing, and transportation          
Operating expenses:          
Cost of goods and services sold $ (39,499) $ (38,052) $ (118,368) $ (128,847)