secwatch.observer — SEC 8-K summary
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Issuer:     ANTERO RESOURCES Corp (AR)
CIK:        0001433270
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001104659-23-022433
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Antero Resources Q4 net income $730M, $272M free cash flow; reduces debt $942M in 2022
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- Net production averaged 3.2 Bcfe/d (182 MBbl/d liquids); realized pre-hedge nat gas $6.27/Mcf.
- Q4 adjusted EBITDAX $565M; free cash flow $272M before working capital changes.
- Full year debt reduction of $942M; total long-term debt at year-end $1.18B (0.4x leverage).
- Proved reserves increased 5% to 17.8 Tcfe; proved developed 13.4 Tcfe (75% PD).
- 2023 guidance: production 3.25-3.3 Bcfe/d; D&C capex $875-925M; targeting 50% of FCF return to shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433270/000110465923022433/0001104659-23-022433-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433270/000110465923022433/tm236887d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-022433

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