Antero Resources Q1 net income $213M; production up 3% YoY; liquids surge 17%

ANTERO RESOURCES Corp

2023-Q1 EPS reported $0.69 revenue$1,408,348,000

Net production averaged 3.3 Bcfe/d (+3% YoY); liquids production 187 MBbl/d (+17% YoY).
Pre-hedge gas equivalent price $4.13/Mcfe, a $0.71 premium to NYMEX; NGL price $42.95/bbl (+8% QoQ).
Reported net income $213M; Adjusted EBITDAX $414M; Free Cash Flow $174M.
Repurchased $87M shares in Q1; cumulative $1B buyback (10% shares outstanding) since program start.
Net Debt to trailing twelve-month Adjusted EBITDAX at 0.5x; leverage reduction highlighted.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ANTERO RESOURCES Corp reported the quarter ended March 31, 2023 results: net income $213 million.

Period: the quarter ended March 31, 2023
Net income: $213 million
Result: reported results

Exact text from the filing

0.03 per Mcf premium to NYMEX pricing · Liquids product revenue contributed 45% of total product revenue · Net income was $213 million, Adjusted Net Income was $156 million (Non-GAAP) · Adjusted EBITDAX was $414 million (Non-GAAP); net cash provided by operating activities was $344 million · Free Cash Flow was $174 million (Non-GAAP) · Purchased $87 million of shares · Averaged 11 completion stages per day per completion crew during the first quarter, an increase of

View on SEC.gov

168 earnings releases filed in the last 30 days. Browse all earnings releases →

ANTERO RESOURCES Corp filing history →

Source: SEC EDGAR

accession 0001104659-23-050452

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.