Antero Resources Corp (N:AR)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEC
Company Contact
Address: 1615 Wynkoop St
DENVER CO 80202-1106
Tel: 1-303-3576782
IR: See website
Key People
Paul M. Rady
Chairman of the Board, Chief Executive Officer
Glen C. Warren
President, Chief Financial Officer, Secretary, Director
Michael N. Kennedy
Senior Vice President - Finance
Alvyn A. Schopp
Chief Administrative Officer, Regional Senior Vice President, Treasurer
W. Patrick Ash
Senior Vice President - Reserves, Planning and Midstream
Sheri Pearce
Chief Accounting Officer
Business Overview
Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company's segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity. The Company's subsidiary, Antero Midstream Partners LP (Antero Midstream) is a master limited partnership, which owns, operates and develops midstream energy infrastructure primarily to service its production and completion activity. Its exploration and development activities are supported by the natural gas gathering and compression assets of its subsidiary, Antero Midstream, as well as by third party gathering and compression arrangements. It also has access to additional low-pressure and high-pressure pipelines.
Financial Overview
For the three months ended 31 March 2020, Antero Resources Corp revenues increased 27% to $1.32B. Net loss totaled $338.8M vs. income of $978.8M. Revenues reflect Exploration and Production of Oil, Natural Gas segment increase of 35% to $1.27B, Equity Method Investment in Antero Midstream Corporation segment increase from $54.1M to $243.7M, Natural Gas Production, Total increase of 5% to 208B cubic feet, Oil Equivalent Production (Units/day).
Employees: 531 as of Mar 31, 2020
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): $4,688M as of Mar 31, 2020
EBITDA (TTM): $1,295M as of Mar 31, 2020
Net annual income (TTM): -$1,658M as of Mar 31, 2020
Free cash flow (TTM): -$496.70M as of Mar 31, 2020
Net Debt Last Fiscal Year: $3,710M as of Mar 31, 2020
Shares outstanding: 268,390,401 as of Apr 22, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization