earnings
confidence high
sentiment positive
materiality 0.75
Antero Q1 2026: net income $535M, record production 3.9 Bcfe/d, EBITDAX up 32%
ANTERO RESOURCES Corp
2026-Q1 EPS
reported $1.72
vs consensus $1.16
▲ beat
(+48.6%)
- Net income $535M; Adj. Net Income $357M; Adj. EBITDAX $723M, up 32% YoY; cash from ops $859M, up 88%.
- Record net production 3.9 Bcfe/d (+13% YoY); nat gas +21%; liquids flat; pre-hedge gas at $5.57/Mcf, $0.53 premium.
- Closed HG acquisition early Feb, adding 385K acres, 400 locations; net debt rose $1.5B from year-end 2025.
- Q2 full HG quarter expected to yield 6% prod growth and 15% lower cash costs per Mcfe vs Q1.