earnings
confidence high
sentiment positive
materiality 0.70
Antero Resources Q3 2025: Net income $76M, FCF $91M; $260M Marcellus bolt-ons
ANTERO RESOURCES Corp
2025-Q3 EPS
reported $1.41
vs consensus $0.27
▲ beat
(+415.5%)
- Net production averaged 3.4 Bcfe/d (2.2 Bcf/d natural gas, 206 MBbl/d liquids).
- Net income $76M; Adjusted Net Income $48M (non-GAAP). Adjusted EBITDAX $318M (+70% YoY).
- Free Cash Flow $91M (non-GAAP); used to finance acquisitions, debt paydown, share repurchases.
- Completed ~$260M strategic acquisitions in core Marcellus; added spot rig on dry gas pad.
- Purchased 1.5M shares for ~$51M in Q3; paid down $182M debt YTD 2025.