ANTERO RESOURCES Corp reported second-quarter 2026 results with revenue of $1.56B and net income of $286.42M, reflecting year-over-year growth driven by recent asset acquisitions and higher commodity volumes and prices.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$1.56B$1.3B20.2% | Net income²$286.42M$166.57M71.9% | Diluted EPS³$0.9$0.580% |
¹ Reported as “Total revenue”. ² Reported as “Net income and comprehensive income including noncontrolling interests”. ³ Reported as “income per common share—diluted”.
Business Highlights
- Acquisitions & divestitures: Closed the HG acquisition adding roughly 385k net acres and sold approximately 70k net acres of Utica assets, reshaping the company’s core Appalachian footprint.
- Production growth: Combined production rose about 21% in the quarter year‑over‑year and 17% year‑to‑date, with daily volumes near 4,144 MMcfe/d in Q2 2026, driven largely by HG assets.
- Commodity and marketing: Higher NGL and oil prices and volumes lifted NGLs sales 22% and oil sales 77% in Q2 year‑over‑year; marketing revenue increased 66% in the quarter.
- Midstream & operations: Increased Antero Midstream volumes and water services following the acquisition; the company plans to modify commercial arrangements for pad compression and water services.
- Capital & development: 2026 capex budget set at $1.1–1.3B targeting 70–80 net wells; Q2 drilling and completions spend was $297M supporting a multi‑year inventory.
Original SEC Filing:
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