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NYSE · CRUDE PETROLEUM & NATURAL GAS · LARGE CAP

Antero Resources Corp. AR

15 fiscal years on record · USD · FY2025 reported · SEC filings only
$5.3B
▲ 22.0% YoY
$674.6M
▲ 619.9% YoY
$1.4B
▲ 81.7% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Antero Resources Corporation and its consolidated subsidiaries are engaged in the development, production, exploration and acquisition of natural gas, NGLs and oil properties located in the Appalachian Basin. As of December 31, 2025, it held approximately 537,000 net acres of natural gas, NGLs and oil properties located in the Appalachian Basin, primarily in West Virginia and Ohio. Its corporate headquarters is in Denver, Colorado. As of December 31, 2025, it had 632 full-time employees. The Company operates in three reportable segments: the exploration, development and production of natural gas, NGLs and oil; midstream services through its equity method investment in Antero Midstream; and the marketing of excess firm transportation capacity. Antero Midstream owns, operates and develops midstream energy assets that primarily service the Company's completion and production activity in the Appalachian Basin, and its assets consist of gathering systems and compression facilities, water handling and blending facilities, and interests in processing and fractionation plants, through which it provides services to Antero Resources under long-term contracts. As of December 31, 2025, the Company owned 29% of Antero Midstream's common stock.

Written from the business description in ANTERO RESOURCES Corp's annual report to the U.S. Securities and Exchange Commission, filed 11 February 2026. Every sentence was checked against that document before publication.

Growth

USD 5.3B
Revenue, FY2025 · full 15-year series below
Revenue $B Net income $B
FY2025 · Revenue 5.3 · Net income 0.7
4.0B8.0B-0.5B-1.0B
201120142017202020232025
Compound annual growth
−15.4%
+8.6%
+2.9%
−30.4%
−3.7%
−29.1%
−5.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +8.6% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

13 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 16.7% · Net 12.8%
20%40%60%-20%-40%
201120182025
ROE
FY2025 · ROE 9.3%
10%20%30%-5%-10%-15%
201120182025
Three returns, three denominators.

Each USD of equity produced 9 cents of profit this year.

Cash & shareholders

USD 136.4M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.4
1.5B3.0B-0.1B-0.3B
201120182025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 136.4
400M800M
201820192020202220232025

USD 136.4M in buybacks — 20% of the year's profit went back to shareholders.

Total assetsUSD 13.2B
EquityUSD 7.6B
CashUSD 210.0M
Gross debtUSD 1.4B
Net debtUSD 1.2B
Current ratio0.55×

Net debt stands at 16% of equity.

The 15-year record

15 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
AR, 15-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011
Revenue $B5.34.34.78.76.53.54.44.13.72.24.02.71.30.70.7
Operating income $B0.90.00.42.50.0−1.0−1.00.10.7−1.01.81.30.30.40.5
EBITDA $B1.60.81.13.30.8−0.1−0.11.01.6−0.22.51.80.60.50.6
Income tax $B0.2−0.10.10.4−0.1−0.4−0.1−0.1−0.3−0.50.60.40.20.10.2
Net income $B0.70.10.32.0−0.2−1.3−0.3−0.00.8−0.71.00.7−0.0−0.30.4
Free cash flow $B1.40.80.82.91.6−0.1−0.3−0.1−0.20.60.80.20.1−0.40.1
EPS, diluted $2.030.180.645.69−0.61−4.65−1.11−1.261.94−2.883.432.57−0.07−1.091.50
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend———————————————
ROE %9.31.34.432.0−2.7−19.8−4.0−0.610.9−12.319.016.9−0.7−15.720.0
Shares out B0.310.310.300.300.310.270.300.310.320.310.280.260.260.26◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 57 reconciliationsAUDITED

Reconciled in 15 of the 15 fiscal years we could check. 10 checks were skipped: the balance sheet is not tagged before 2012. Five checks were skipped: the share count is not tagged before 2012.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityCrude Petroleum & Natural Gas
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2011

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