Companies / AR Antero Resources Corp (AR)
Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Production; Marketing; and Equity Method Investment in Antero Midstream. As of December 31, 2025, the company had approximately 537,000 net acres in the Appalachian Basin; and approximately 168,000 net acres in the Upper Devonian Shale. Its gathering and compression systems also comprise 731 miles of gas gathering pipelines in the Appalachian Basin. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was incorporated in 2002 and is headquartered in Denver, Colorado.
Ticker AR Exchange NYSE Sector Energy Industry Oil & Gas E&P Market cap $11.08B 52-week range $31.15 - $45.75 Valuation Share price $36.08 (close of Nov 6, 2026) P/E (TTM) 8.11x Price to book 1.28x Price to free cash flow 4.94x Enterprise value $15.73B Book value per share $28.14 Price performance Period Change 1 day -0.82% 5 days -14.26% 1 month +1.01% 3 months +3.38% 6 months -2.06% Year to date +4.70% 1 year +10.57% 3 years +24.59% 5 years +71.89% 10 years +46.37% All time -30.63%
Short interest As of Oct 15, 2026 Short % of float 4.32% Shares short 12.79M Days to cover 3.67 Change since prior report -3.34% Source FINRA consolidated short interest Profitability and growth Return on equity 8.74% Return on invested capital 5.94% Return on assets 5.09% Return on capital employed 7.53% Gross margin 21.16% Net margin 12.79% EBITDA margin 30.96% Revenue growth 21.97% Free cash flow growth 92.03% Cash flow and balance sheet Free cash flow yield (TTM) 20.25% Current ratio 0.39x Net debt to EBITDA 1.66x Latest reported year Period end Dec 31, 2025 Fiscal year 2025 Revenue $5.28B Cost of revenue $4.16B Gross profit $1.12B EBITDA $1.63B Net income $674.57M Earnings per share $2.05 Interest expense $83.68M Shares outstanding 309.72M Income statement by year Period end Revenue Gross profit Net income EPS 2025-12-31 $5.28B $1.12B $674.57M $2.05 2024-12-31 $4.33B $229.80M $93.70M $0.18 2023-12-31 $4.68B $620.76M $297.33M $0.66 2022-12-31 $7.14B $2.71B $2.00B $6.09 2021-12-31 $4.62B $168.87M -$154.11M -$0.61 2020-12-31 $3.49B - -$1.26B -$4.65 2019-12-31 $4.41B - -$293.14M -$1.11 2018-12-31 $4.14B $312.25M -$45.70M -$1.26 2017-12-31 $3.66B $991.29M $785.14M $1.95 2016-12-31 $1.74B - -$749.45M -$2.88
Margins and returns by year Period end Gross margin Net margin Return on equity Return on capital 2025-12-31 21.16% 12.79% 8.74% 5.94% 2024-12-31 5.31% 2.17% 1.30% 0.00% 2023-12-31 13.26% 6.35% 4.17% 2.86% 2022-12-31 38.00% 28.00% 28.63% 18.07% 2021-12-31 3.66% -3.34% -2.54% 0.21% 2020-12-31 - -36.10% -20.70% -4.75% 2019-12-31 - -6.65% -4.21% -6.70% 2018-12-31 7.54% -1.10% -0.54% 0.52% 2017-12-31 27.12% 21.48% 8.85% 5.41% 2016-12-31 - -42.96% -9.70% -3.92%
Cash and debt by year Period end Cash Debt 2025-12-31 $210.00M $1.40B 2024-12-31 - $1.49B 2023-12-31 - $1.54B 2022-12-31 - $1.18B 2021-12-31 - $2.13B 2020-12-31 - $3.00B 2019-12-31 - $3.76B 2018-12-31 - $5.46B 2017-12-31 $28.44M $4.80B 2016-12-31 $31.61M $4.70B
Free cash flow by year Period end Free cash flow Stock-based compensation 2025-12-31 $1.63B $60.81M 2024-12-31 $849.29M $66.46M 2023-12-31 $994.72M $59.52M 2022-12-31 $2.11B $35.44M 2021-12-31 $944.18M $20.44M 2020-12-31 -$138.72M $23.32M 2019-12-31 -$318.70M $23.56M 2018-12-31 -$128.60M $70.41M 2017-12-31 -$210.46M $103.44M 2016-12-31 $1.24B $102.42M
Investor relations Past earnings dates Reported Fiscal period EPS estimate 2026-10-28 Sep 2026 $0.91 2026-07-29 Jun 2026 $0.73 2026-04-29 Mar 2026 $1.14 2026-02-11 Dec 2025 $0.47 2025-10-29 Sep 2025 $0.17 2025-07-30 Jun 2025 $0.44 2025-04-30 Mar 2025 $0.83 2025-02-12 Dec 2024 $0.26
Filings and sources Company website anteroresources.com SEC filings 10-K, 10-Q and 8-K on EDGAR Earnings calendar All upcoming reports Similar companies ConocoPhillips (COP) · EOG Resources Inc (EOG) · Occidental Petroleum Corp (OXY) · Diamondback Energy, Inc. (FANG) · Devon Energy Corp (DVN) · EQT Corp (EQT) · Expand Energy Corp (EXE) · APA Corp (APA)
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