---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-012276"
form_type: "8-K"
ticker: "AR"
cik: "0001433270"
company_name: "ANTERO RESOURCES Corp"
filed_at: "2025-02-12T23:59:59+00:00"
generated_at: "2026-05-26T22:47:51.041057+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Antero Q4 net income $150M; raises 2025 maintenance production target, cuts capex budget

## Summary
- Q4 net production 3.4 Bcfe/d; natural gas 2.1 Bcf/d (-7% YoY), liquids 217 MBbl/d (+14% YoY).
- Pre-hedge natural gas price $3.64/Mcfe ($0.85 premium to NYMEX); C3+ NGL $44.29/bbl ($3.09 premium).
- Adjusted EBITDAX $332M; Free Cash Flow $159M; D&C capital $120M (-27% YoY).
- FY 2024 proved reserves 17.9 Tcfe (77% developed); D&C capital $620M (-32% YoY).
- 2025 guidance: production raised 50 MMcfe/d to 3.35-3.45 Bcfe/d; D&C budget cut $25M to $650-700M.

## SEC filing metadata
- accession: 0001104659-25-012276
- form_type: 8-K
- ticker: AR
- cik: 0001433270
- company_name: ANTERO RESOURCES Corp
- filed_at: 2025-02-12T23:59:59+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/1433270/000110465925012276/0001104659-25-012276-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1433270/000110465925012276/tm256297d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-012276
- JSON: https://secwatch.observer/filing/0001104659-25-012276.json
- Plain text: https://secwatch.observer/filing/0001104659-25-012276.txt

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