ANTERO RESOURCES Corp (AR) stock
ARNYSECrude Petroleum & Natural GasFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 28, 2026Score 8/302% below fair value
$42.08+0.88 (+2.14%)
Close on Oct 30, 2026Market cap $12.94BP/E 12.1Yield –
Earnings
Antero Resources's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Next report
Feb 10, 2027
Q4 FY2026 · estimated, after the close
Revenue, Q3 FY2026
$1.56B
+28.7% on a year earlier
Adjusted EPS, Q3 FY2026
$1.19
$0.24 a year earlier
Latest guidance
Raised
Oct 28, 2026 · 5 items
Quarterly results
Revenue and earnings per share from each of Antero Resources's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Feb 10, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Oct 28, 2026after the close | $1.56B | +28.7% | $1.19 | – | Release |
| Q2 FY2026ended Jun 30, 2026 | Jul 29, 2026after the close | $1.56B | +20.2% | $0.90 | – | Release |
| Q1 FY2026ended Mar 31, 2026 | Apr 29, 2026after the close | $1.95B | +43.8% | $1.72 | – | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 11, 2026after the close | $1.41B | – | $0.62 | – | Release |
| Q3 FY2025ended Sep 30, 2025 | Oct 29, 2025after the close | $1.21B | +15.0% | $0.24 | – | Release |
| Q2 FY2025ended Jun 30, 2025 | Jul 30, 2025after the close | $1.30B | +32.6% | $0.50 | – | Release |
| Q1 FY2025ended Mar 31, 2025 | Apr 30, 2025after the close | $1.35B | +20.5% | $0.66 | – | Release |
| Q4 FY2024ended Dec 31, 2024 | Feb 12, 2025after the close | – | – | – | – | Release |
| Q3 FY2024ended Sep 30, 2024 | Oct 30, 2024after the close | $1.06B | -6.2% | -$0.07 | – | Release |
| Q2 FY2024ended Jun 30, 2024 | Jul 31, 2024after the close | $978.65M | +2.7% | -$0.21 | – | Release |
| Q1 FY2024ended Mar 31, 2024 | Apr 24, 2024after the close | $1.12B | -20.3% | $0.12 | – | Release |
| Q4 FY2023ended Dec 31, 2023 | Feb 14, 2024after the close | $1.19B | -42.7% | $0.30 | – | Release |
| Q3 FY2023ended Sep 30, 2023 | Oct 25, 2023after the close | $1.13B | -45.5% | $0.06 | – | Release |
| Q2 FY2023ended Jun 30, 2023 | Jul 26, 2023after the close | $953.31M | -56.7% | -$0.28 | – | Release |
| Q1 FY2023ended Mar 31, 2023 | Apr 26, 2023after the close | $1.41B | +79.0% | $0.69 | – | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 15, 2023after the close | $2.09B | -12.9% | $2.31 | – | Release |
| Q3 FY2022ended Sep 30, 2022 | Oct 26, 2022after the close | $2.06B | +286.3% | $1.72 | – | Release |
| Q2 FY2022ended Jun 30, 2022 | Jul 27, 2022after the close | $2.20B | – | $2.29 | – | Release |
| Q1 FY2022ended Mar 31, 2022 | Apr 27, 2022after the close | $786.84M | – | -$0.50 | $1.15 | Release |
| Q4 FY2021ended Dec 31, 2021 | Feb 16, 2022after the close | $2.39B | – | $2.65 | $0.46 | Release |
| Q3 FY2021ended Sep 30, 2021 | Oct 27, 2021after the close | $534.42M | – | -$1.75 | $0.19 | Release |
| Q2 FY2021ended Jun 30, 2021 | Jul 28, 2021after the close | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | Apr 28, 2021after the close | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Feb 17, 2021after the close | – | – | – | – | Filing |
| Q3 FY2020ended Sep 30, 2020 | Oct 28, 2020after the close | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Antero Resources's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| drilling and completion capital budget | Q4 FY2026 | $325.00M – $350.00M | – | New | Oct 28, 2026 |
| Cash production expense | Q4 FY2026 | $2 – $2 | – | Raised | Oct 28, 2026 |
| fourth quarter production | Q4 FY2026 | 4.4 – 4.5 | – | New | Jul 29, 2026 |
| Natural gas realized price guidance | Q4 FY2026 | $0 – $0 | – | New | Oct 28, 2026 |
| Net Daily Natural Gas Equivalent Production | Q4 FY2026 | 4.3 | – | Lowered | Oct 28, 2026 |
| Free Cash Flownon-GAAP | FY2026 | $10.00B | – | New | Apr 27, 2022 |
| drilling and completion capital budget | FY2026 | $1.20B | – | New | Oct 28, 2026 |
| drilling and completion capital budget | FY2026 | $1.00B | – | New | Feb 11, 2026 |
| annual guidance growth | FY2026 | +20% | – | New | Apr 29, 2026 |
| C2 NGL realized price premium to Mont Belvieu | FY2026 | $3 – $3 | – | Raised | Jul 29, 2026 |
| C3+ NGL Realized Price Premium/(Discount) vs. Mont Belvieu ($/Bbl) | FY2026 | -$1 – $1 | – | Lowered | Feb 11, 2026 |
| cash production expense | FY2026 | $2 – $2 | – | New | Apr 29, 2026 |
| Cash Production Expense ($/Mcfe) | FY2026 | $2 – $2 | $2 – $2 | Narrowed | Apr 29, 2026 |
| cash production expense guidance | FY2026 | $2 – $2 | – | Lowered | Jul 29, 2026 |
| Completed Wells (Net) | FY2026 | 70 – 80 | – | New | Feb 11, 2026 |
| Ethane Realized Price Premium vs. Mont Belvieu ($/Bbl) | FY2026 | $2 – $3 | $1 – $2 | Raised | Apr 29, 2026 |
| full year average production | FY2026 | 4.1 | – | Lowered | Apr 29, 2026 |
| G&A Expense ($/Mcfe) | FY2026 | $0 – $0 | – | Raised | Feb 11, 2026 |
| Marketing Expense, Net of Marketing Revenue ($/Mcfe) | FY2026 | $0 – $0 | – | Lowered | Feb 11, 2026 |
| Natural Gas Realized Price Premium vs. NYMEX Henry Hub ($/Mcf) | FY2026 | $0 – $0 | – | New | Feb 11, 2026 |
| Net Daily C3+ NGL Production (MBbl/d) | FY2026 | 125 | – | Lowered | Feb 11, 2026 |
| Net Daily Ethane Production (MBbl/d) | FY2026 | 80 | – | Lowered | Feb 11, 2026 |
| Net Daily Natural Gas Equivalent Production | FY2026 | 4.15 – 4.2 | – | Raised | Jul 29, 2026 |
| Net Daily Natural Gas Equivalent Production (Bcfe/d) | FY2026 | 4.1 | – | New | Feb 11, 2026 |
| Net Daily Natural Gas Production (Bcf/d) | FY2026 | 2.8 | – | Lowered | Feb 11, 2026 |
| Net Daily Oil Production (MBbl/d) | FY2026 | 8 | – | Lowered | Feb 11, 2026 |
| Oil Realized Price (Differential) vs. WTI Oil ($/Bbl) | FY2026 | -$12 – -$16 | – | Lowered | Feb 11, 2026 |
| realized natural gas price premium to NYMEX | FY2026 | $0 – $0 | – | Lowered | Jul 29, 2026 |
| second half of 2026 production | FY2026 | 4.2 | – | New | Apr 29, 2026 |
| Total Net Daily Liquids Production (MBbl/d): | FY2026 | 213 | – | Raised | Feb 11, 2026 |
Guidance history
Every forecast Antero Resources put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Oct 28, 2026 | drilling and completion capital budget | Q4 FY2026 | $325.00M – $350.00M | New |
| Oct 28, 2026 | drilling and completion capital budget | FY2026 | $1.20B | New |
| Oct 28, 2026 | Net Daily Natural Gas Equivalent Production | Q4 FY2026 | 4.3 | Lowered |
| Oct 28, 2026 | Natural gas realized price guidance | Q4 FY2026 | $0 – $0 | New |
| Oct 28, 2026 | Cash production expense | Q4 FY2026 | $2 – $2 | Raised |
| Jul 29, 2026 | Net Daily Natural Gas Equivalent Production | FY2026 | 4.15 – 4.2 | Raised |
| Jul 29, 2026 | C2 NGL realized price premium to Mont Belvieu | FY2026 | $3 – $3 | Raised |
| Jul 29, 2026 | cash production expense guidance | FY2026 | $2 – $2 | Lowered |
| Jul 29, 2026 | realized natural gas price premium to NYMEX | FY2026 | $0 – $0 | Lowered |
| Jul 29, 2026 | curtailments | Q3 FY2026 | 5 | New |
| Jul 29, 2026 | production | Q3 FY2026 | 4.25 – 4.3 | Lowered |
| Jul 29, 2026 | fourth quarter production | Q4 FY2026 | 4.4 – 4.5 | New |
| Apr 29, 2026 | full year average production | FY2026 | 4.1 | Lowered |
| Apr 29, 2026 | annual guidance growth | FY2026 | +20% | New |
| Apr 29, 2026 | Ethane Realized Price Premium vs. Mont Belvieu ($/Bbl) | FY2026 | $2 – $3 | Raised |
| Apr 29, 2026 | Cash Production Expense ($/Mcfe) | FY2026 | $2 – $2 | Narrowed |
| Apr 29, 2026 | second quarter production | Q2 FY2026 | 4.1 | Reaffirmed |
| Apr 29, 2026 | second half of 2026 production | FY2026 | 4.2 | New |
| Apr 29, 2026 | cash production expense | FY2026 | $2 – $2 | New |
| Feb 11, 2026 | drilling and completion capital budget | FY2026 | $1.00B | New |
| Feb 11, 2026 | land capital guidance | FY2026 | $100.00M | Lowered |
| Feb 11, 2026 | Completed Wells (Net) | FY2026 | 70 – 80 | New |
| Feb 11, 2026 | Net Daily Natural Gas Equivalent Production (Bcfe/d) | FY2026 | 4.1 | New |
| Feb 11, 2026 | Net Daily Natural Gas Production (Bcf/d) | FY2026 | 2.8 | Lowered |
| Feb 11, 2026 | Total Net Daily Liquids Production (MBbl/d): | FY2026 | 213 | Raised |
| Feb 11, 2026 | Net Daily C3+ NGL Production (MBbl/d) | FY2026 | 125 | Lowered |
| Feb 11, 2026 | Net Daily Ethane Production (MBbl/d) | FY2026 | 80 | Lowered |
| Feb 11, 2026 | Net Daily Oil Production (MBbl/d) | FY2026 | 8 | Lowered |
| Feb 11, 2026 | Natural Gas Realized Price Premium vs. NYMEX Henry Hub ($/Mcf) | FY2026 | $0 – $0 | New |
| Feb 11, 2026 | C3+ NGL Realized Price Premium/(Discount) vs. Mont Belvieu ($/Bbl) | FY2026 | -$1 – $1 | Lowered |
| Feb 11, 2026 | Ethane Realized Price Premium vs. Mont Belvieu ($/Bbl) | FY2026 | $1 – $2 | Raised |
| Feb 11, 2026 | Oil Realized Price (Differential) vs. WTI Oil ($/Bbl) | FY2026 | -$12 – -$16 | Lowered |
| Feb 11, 2026 | Cash Production Expense ($/Mcfe) | FY2026 | $2 – $2 | Raised |
| Feb 11, 2026 | Marketing Expense, Net of Marketing Revenue ($/Mcfe) | FY2026 | $0 – $0 | Lowered |
| Feb 11, 2026 | G&A Expense ($/Mcfe) | FY2026 | $0 – $0 | Raised |
| Feb 11, 2026 | production | Q1 FY2026 | 3.8 | New |
| Feb 11, 2026 | production | Q2 FY2026 | 4.1 | New |
| Oct 29, 2025 | Land Capital Budget | FY2025 | $125.00M – $150.00M | New |
| Oct 29, 2025 | Land Capital Expenditures | Q4 FY2025 | $25.00M – $50.00M | New |
| Oct 29, 2025 | production | FY2025 | 3.4 – 3.45 | New |
| Oct 29, 2025 | C3+ NGL Realized Price Premium vs. Mont Belvieu | FY2025 | $1 – $1 | New |
| Oct 29, 2025 | Net Daily Natural Gas Equivalent Production | Q4 FY2025 | 3.5 – 3.52 | New |
| Oct 29, 2025 | C3+ NGL Realized Price Premium vs. Mont Belvieu | Q4 FY2025 | $1 – $2 | New |
| Jul 30, 2025 | Drilling and Completion Capital Budget | FY2025 | $650.00M – $675.00M | Raised |
| Jul 30, 2025 | Net Daily Natural Gas Equivalent Production | FY2025 | 3.4 – 3.45 | New |
| Jul 30, 2025 | C3+ NGL Realized Price Premium vs Mont Belvieu | FY2025 | $1 – $2 | Lowered |
| Jul 30, 2025 | C3+ NGL pricing premium | FY2025 | $2 – $3 | Raised |
| Apr 30, 2025 | C3+ NGL prices premium to Mont Belvieu pricing | FY2025 | $2 – $3 | New |
| Feb 12, 2025 | Drilling & Completion | FY2025 | $650.00M – $700.00M | New |
| Feb 12, 2025 | Land | FY2025 | $75.00M – $100.00M | Lowered |
| Oct 30, 2024 | drilling and completion capital budget | FY2024 | $640.00M – $660.00M | Raised |
| Jul 31, 2024 | total drilling and completion capital | FY2024 | $650.00M – $700.00M | Raised |
| Jul 31, 2024 | total land capital | FY2024 | $75.00M – $100.00M | Lowered |
| Jul 31, 2024 | production guidance | FY2024 | 3.38 – 3.42 | Raised |
| Jul 31, 2024 | C3+ NGL realized price guidance | FY2024 | $1 – $2 | Lowered |
| Jul 31, 2024 | net marketing expense | FY2024 | $0 – $0 | Lowered |
| Apr 24, 2024 | production guidance | FY2024 | 3.35 – 3.4 | Lowered |
| Apr 24, 2024 | C3+ NGL realized price guidance | FY2024 | $0 – $1 | Raised |
| Apr 24, 2024 | cash production expense guidance | FY2024 | $2 – $3 | Raised |
| Feb 14, 2024 | Total E&P Capital | FY2024 | $725.00M – $800.00M | New |
| Feb 14, 2024 | Drilling & Completion | FY2024 | $650.00M – $700.00M | Lowered |
| Feb 14, 2024 | Land | FY2024 | $75.00M – $100.00M | Lowered |
| Feb 14, 2024 | Net Daily Natural Gas Equivalent Production | FY2024 | 3.3 – 3.4 | New |
| Feb 14, 2024 | Net Daily Natural Gas Production | FY2024 | 2.16 – 2.17 | Lowered |
| Feb 14, 2024 | Total Net Daily Liquids Production | FY2024 | 192 – 204 | Raised |
| Feb 14, 2024 | Net Daily C3+ NGL Production | FY2024 | 112 – 117 | Lowered |
| Feb 14, 2024 | Net Daily Ethane Production | FY2024 | 70 – 75 | Lowered |
| Feb 14, 2024 | Net Daily Oil Production | FY2024 | 10 – 12 | Lowered |
| Feb 14, 2024 | Marketing Expense, Net of Marketing Revenue | FY2024 | $0 – $0 | Lowered |
| Feb 14, 2024 | G&A Expense | FY2024 | $0 – $0 | Raised |
| Feb 14, 2024 | Natural Gas Realized Price Premium vs. NYMEX Henry Hub | FY2024 | $0 – $0 | Lowered |
| Feb 14, 2024 | C3+ NGL Realized Price Differential vs. Mont Belvieu | FY2024 | -$1 – $1 | Lowered |
| Feb 14, 2024 | Ethane Realized Price Differential vs. Mont Belvieu | FY2024 | -$1 – $1 | Reaffirmed |
| Feb 14, 2024 | Oil Realized Price Differential vs. WTI Oil | FY2024 | -$14 – -$10 | Lowered |
| Feb 14, 2024 | Cash Production Expense | FY2024 | $2 – $3 | New |
| Oct 25, 2023 | Net Production | FY2023 | 3.39 – 3.41 | Lowered |
| Oct 25, 2023 | Net Natural Gas Production | FY2023 | 2.22 – 2.24 | Lowered |
| Oct 25, 2023 | Net Liquids Production | FY2023 | 194,000 – 195,500 | Raised |
| Oct 25, 2023 | Net Daily C3+ NGL Production | FY2023 | 114,500 – 115,000 | Lowered |
| Oct 25, 2023 | Net Daily Ethane Production | FY2023 | 69,000 – 69,500 | Lowered |
| Oct 25, 2023 | Net Daily Oil Production | FY2023 | 10,500 – 11,000 | Lowered |
| Oct 25, 2023 | Cash Production Expense | FY2023 | 2.35 – 2.4 | Lowered |
| Oct 25, 2023 | Natural Gas Realized Price Expected Premium to NYMEX | FY2023 | 0 | Lowered |
| Oct 25, 2023 | Net Marketing Expense | FY2023 | 0.05 – 0.07 | Raised |
| Jul 26, 2023 | Net Production (Bcfe/d) | FY2023 | 3.35 – 3.4 | Lowered |
| Jul 26, 2023 | Net Natural Gas Production (Bcf/d) | FY2023 | 2.2 – 2.23 | Lowered |
| Jul 26, 2023 | Net Liquids Production (Bbl/d) | FY2023 | 188,000 – 199,000 | Raised |
| Jul 26, 2023 | Net Daily C3+ NGL Production | FY2023 | 110,000 – 115,000 | Lowered |
| Jul 26, 2023 | Net Daily Ethane Production (Bbl/d) | FY2023 | 67,500 – 72,500 | Lowered |
| Jul 26, 2023 | Net Daily Oil Production (Bbl/d) | FY2023 | 10,500 – 11,500 | Lowered |
| Jul 26, 2023 | Cash Production Expense ($/Mcfe) | FY2023 | $2 – $2 | Raised |
| Jul 26, 2023 | Natural Gas Realized Price Expected Premium to NYMEX ($/Mcf) | FY2023 | $0 – $0 | Lowered |
| Apr 26, 2023 | drilling and completion capital | FY2023 | $875.00M – $925.00M | Lowered |
| Apr 26, 2023 | natural gas realizations to be at a premium to NYMEX | FY2023 | $0 – $0 | Lowered |
| Feb 15, 2023 | Drilling & Completion | FY2023 | $875.00M – $925.00M | New |
| Feb 15, 2023 | Land | FY2023 | $150.00M | Lowered |
| Feb 15, 2023 | Total E&P Capital | FY2023 | $1.03B – $1.08B | Raised |
| Feb 15, 2023 | Drilled Wells | FY2023 | 65 – 70 | New |
| Feb 15, 2023 | Completed Wells | FY2023 | 60 – 65 | Lowered |
| Feb 15, 2023 | Net Daily Natural Gas Equivalent Production | FY2023 | 3.25 – 3.3 | New |
| Feb 15, 2023 | Net Daily Natural Gas Production | FY2023 | 2.1 – 2.15 | Lowered |
| Feb 15, 2023 | Total Net Daily Liquids Production | FY2023 | 184 – 195 | Raised |
| Feb 15, 2023 | Net Daily C3+ NGL Production | FY2023 | 105 – 110 | Lowered |
| Feb 15, 2023 | Net Daily Ethane Production | FY2023 | 70 – 75 | Lowered |
| Feb 15, 2023 | Net Daily Oil Production | FY2023 | 9 – 10 | Lowered |
| Feb 15, 2023 | Natural Gas Realized Price Premium vs. NYMEX Henry Hub | FY2023 | $0 – $0 | New |
| Feb 15, 2023 | C3+ NGL Realized Price Differential vs. Mont Belvieu | FY2023 | -$1 – $1 | Lowered |
| Feb 15, 2023 | Ethane Realized Price Differential vs. Mont Belvieu | FY2023 | -$1 – $1 | Reaffirmed |
| Feb 15, 2023 | Oil Realized Price Differential vs. WTI Oil | FY2023 | -$14 – -$10 | Lowered |
| Feb 15, 2023 | Cash Production Expense | FY2023 | $2 – $3 | Raised |
| Feb 15, 2023 | Marketing Expense, Net of Marketing Revenue | FY2023 | $0 – $0 | Lowered |
| Feb 15, 2023 | G&A Expense | FY2023 | $0 – $0 | Raised |
| Oct 26, 2022 | Drilling and Completion Capital | FY2022 | $775.00M – $800.00M | Raised |
| Oct 26, 2022 | Land Capital | FY2022 | $125.00M – $150.00M | Lowered |
| Oct 26, 2022 | Cash Production Expense | Q4 FY2022 | 2.55 – 2.65 | Lowered |
| Oct 26, 2022 | production volumes | Q4 FY2022 | 3.25 – 3.35 | Raised |
| Oct 26, 2022 | wells to be completed | FY2022 | 72 | New |
| Oct 26, 2022 | Cash Production Expense | FY2022 | 2.55 – 2.65 | Lowered |
| Oct 26, 2022 | production guidance | FY2022 | 3.2 – 3.3 | Raised |
| Jul 27, 2022 | Drilling and Completion Capital | FY2022 | $725.00M – $750.00M | Raised |
| Jul 27, 2022 | Land capital | FY2022 | $100.00M – $110.00M | Lowered |
| Jul 27, 2022 | production volumes | Q3 FY2022 | 3.2 – 3.3 | New |
| Jul 27, 2022 | production volumes | Q4 FY2022 | 3.3 – 3.4 | New |
| Jul 27, 2022 | production guidance | FY2022 | 3.2 – 3.3 | Lowered |
| Jul 27, 2022 | realized natural gas price | FY2022 | $0 – $0 | New |
| Jul 27, 2022 | cash production expense | FY2022 | $2 – $3 | Raised |
| Apr 27, 2022 | Free Cash Flow | FY2022 | $2.50B | Raised |
| Apr 27, 2022 | Free Cash Flow | FY2026 | $10.00B | New |
| Apr 27, 2022 | production | FY2022 | 3.3 – 3.4 | Raised |
| Apr 27, 2022 | realized natural gas prices, before hedges | FY2022 | $0 – $0 | New |
| Feb 16, 2022 | Drilling and completion capital budget | FY2022 | $675.00M – $700.00M | New |
| Feb 16, 2022 | Free Cash Flow | FY2022 | $1.50B – $1.70B | New |
| Feb 16, 2022 | Net production | FY2022 | 3.2 – 3.3 | New |
| Feb 16, 2022 | production growth | FY2023 | +1% – +2% | New |
| Oct 27, 2021 | realized natural gas price | FY2021 | 0.2 – 0.3 | New |
| Oct 27, 2021 | Cash production expense | FY2021 | 2.27 – 2.32 | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Antero Resources filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Results
- Update
- Update
- Results
- Update
- Update
- Results
- Results
- Results
- Results
- Results
- Update