secwatch.observer — SEC 8-K summary
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Issuer:     ANTERO RESOURCES Corp (AR)
CIK:        0001433270
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001104659-24-024018
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Antero Resources Q4 net income $95M; 2024 production guidance 3.3-3.4 Bcfe/d, capex down 26%
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- Q4 net production 3.4 Bcfe/d (+6% YoY); pre-hedge price $3.52/Mcfe, $0.64 premium to NYMEX.
- Net income $95M; Adjusted EBITDAX $322M; Free Cash Flow $90M (pre-working capital).
- Full year 2023 proved reserves 18.1 Tcfe; 76% developed; future development cost $0.42/Mcfe for 4.3 Tcfe PUDs.
- 2024 D&C capex $650-700M (-26% YoY); land capex $75-100M (-41%); net production 3.3-3.4 Bcfe/d.
- Operating two rigs, one completion crew; released one completion crew in Feb 2024; avg lateral lengths 15,500 ft.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433270/000110465924024018/0001104659-24-024018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433270/000110465924024018/tm246093d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-024018

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