---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-050452"
form_type: "8-K"
ticker: "AR"
cik: "0001433270"
company_name: "ANTERO RESOURCES Corp"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:27:51.070604+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-23-050452
- form_type: 8-K
- ticker: AR
- cik: 0001433270
- company_name: ANTERO RESOURCES Corp
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1433270/000110465923050452/0001104659-23-050452-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1433270/000110465923050452/tm2313697d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-050452
- JSON: https://secwatch.observer/filing/0001104659-23-050452.json
- Plain text: https://secwatch.observer/filing/0001104659-23-050452.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433270/000110465923050452/0001104659-23-050452-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.