Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

v3.5.0.2
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Natural gas sales $ 229,787 $ 242,065 $ 484,563 $ 557,007
Natural gas liquids sales 94,713 59,525 167,778 138,311
Oil sales 16,740 23,032 26,919 35,489
Gathering, compression, and water handling and treatment 3,294 4,490 7,138 10,658
Marketing 90,902 49,829 190,118 107,609
Commodity derivative fair value gains (684,634) (2,227) (404,710) 757,327
Total revenue (249,198) 376,714 471,806 1,606,401
Operating expenses:        
Lease operating 12,043 6,673 23,336 14,775
Gathering, compression, processing, and transportation 206,060 166,669 414,798 330,331
Production and ad valorem taxes 17,458 22,519 36,742 46,737
Marketing 125,977 79,053 263,910 152,402
Exploration 1,109 628 2,123 1,999
Impairment of unproved properties 19,944 26,339 35,470 34,916
Depletion, depreciation, and amortization 197,362 177,046 388,944 359,346
Accretion of asset retirement obligations 620 408 1,218 808
General and administrative 60,102 59,191 116,389 118,240
Contract termination and rig stacking   1,937   10,902
Total operating expenses 640,675 540,463 1,282,930 1,070,456
Operating income (889,873) (163,749) (811,124) 535,945
Other income (expenses):        
Equity in earnings of unconsolidated affiliate 484   484  
Interest (62,595) (59,823) (125,879) (113,008)
Total other expenses (62,111) (59,823) (125,395) (113,008)
Income (loss) before income taxes (951,984) (223,572) (936,519) 422,937
Provision for income tax (expense) benefit 376,494 84,089 371,679 (163,249)
Net income (loss) and comprehensive income (loss) including noncontrolling interest (575,490) (139,483) (564,840) 259,688
Net income and comprehensive income attributable to noncontrolling interest 20,754 5,890 36,459 10,630
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation $ (596,244) $ (145,373) $ (601,299) $ 249,058
Earnings (loss) per common share:        
Total (in dollars per share) $ (2.12) $ (0.52) $ (2.15) $ 0.92
Earnings (loss) per common share assuming dilution:        
Total (in dollars per share) $ (2.12) $ (0.52) $ (2.15) $ 0.92
Weighted average number of shares outstanding        
Basic (in shares) 281,786 277,003 279,418 271,181
Diluted (in shares) 281,786 277,003 279,418 271,192