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 nine months ended 30 September 2019, Antero Resources Corp revenues increased 12% to $3.46B. Net income totaled $142.1M vs. loss of $276M. Revenues reflect Exploration and Production of Oil, Natural Gas segment increase of 25% to $3.25B, Natural Gas Production, Total increase of 22% to 617B cubic feet, Oil Equivalent Production (Units/day), T increase of 27% to 536K barrels per day.
Employees: 569 as of Sep 30, 2019
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): $4,502M as of Sep 30, 2019
EBITDA (TTM): $1,448M as of Sep 30, 2019
Net annual income (TTM): $20.52M as of Sep 30, 2019
Free cash flow (TTM): -$483.13M as of Sep 30, 2019
Net Debt Last Fiscal Year: $3,707M as of Sep 30, 2019
Shares outstanding: 304,270,444 as of Oct 25, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization