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
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 six months ended 30 June 2019, Antero Resources Corp revenues increased 16% to $2.34B. Net income totaled $1.02B vs. loss of $121.6M. Revenues reflect Exploration and Production of Oil, Natural Gas segment increase of 35% to $2.18B, Natural Gas Production, Total increase of 25% to 407B cubic feet, Oil Equivalent Production (Units/day), T increase of 28% to 524K barrels per day.
Employees: 590 as of Jun 30, 2019
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): $4,459M as of Jun 30, 2019
EBITDA (TTM): $1,613M as of Jun 30, 2019
Net annual income (TTM): $744.97M as of Jun 30, 2019
Free cash flow (TTM): -$535.13M as of Jun 30, 2019
Net Debt Last Fiscal Year: $3,606M as of Jun 30, 2019
Shares outstanding: 309,221,992 as of Jul 26, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization