Antero Resources Corporation (NYSE:AR)

Antero Resources Corporation AR

Energy - Oil & Gas Exploration & Production - NYSE - US

Watchlist

$ 30.49

0.263 %

$ 9.49 B

Market Cap

217.79

P/E

1. INTRINSIC VALUE

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2021, it had approximately 502,000 net acres in the Appalachian Basin; and 174,000 net acres in the Upper Devonian Shale. The company also owned and operated 494 miles of gas gathering pipelines in the Appalachian Basin; and 21 compressor stations. It had estimated proved reserves of 17.7 trillion cubic feet of natural gas equivalent, including 10.2 trillion cubic feet of natural gas; 718 million barrels of assumed recovered ethane; 501 million barrels of primarily propane, isobutane, normal butane, and natural gasoline; and 36 million barrels of oil.[ Read More ]

The intrinsic value of one AR stock under the base case scenario is HIDDEN Compared to the current market price of 30.5 USD, Antero Resources Corporation is HIDDEN

AR Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart AR

FINANCIALS

Annual
Quarterly

4.68 B REVENUE

Growth Rates

1Year -43.55%

3Years 14.93%

5Years 5.09%

7Years 14.93%

10Years 19.01%

453 M OPERATING INCOME

Growth Rates

1Year -89.79%

3Years 36.15%

5Years 44.51%

7Years 13.75%

10Years 2.88%

243 M NET INCOME

Growth Rates

1Year -88.01%

3Years 29.92%

5Years 48.88%

7Years 12.80%

10Years 30.95%

995 M OPERATING CASH FLOW

Growth Rates

1Year -67.40%

3Years 10.58%

5Years -13.73%

7Years -3.11%

10Years 6.40%

-1.14 B INVESTING CASH FLOW

Growth Rates

1Year -20.89%

3Years -29.11%

5Years 13.46%

7Years 10.05%

10Years 8.16%

146 M FINANCING CASH FLOW

Growth Rates

1Year 106.93%

3Years 39.43%

5Years -9.48%

7Years -25.64%

10Years -23.54%

1.06 B REVENUE

Growth Rates

1Year -43.55%

3Years 14.93%

5Years 5.09%

7Years 14.93%

10Years 19.01%

-5.9 M OPERATING INCOME

Growth Rates

1Year -89.79%

3Years 36.15%

5Years 44.51%

7Years 13.75%

10Years 2.88%

-5.08 M NET INCOME

Growth Rates

1Year -88.01%

3Years 29.92%

5Years 48.88%

7Years 12.80%

10Years 30.95%

166 M OPERATING CASH FLOW

Growth Rates

1Year -67.40%

3Years 10.58%

5Years -13.73%

7Years -3.11%

10Years 6.40%

-174 M INVESTING CASH FLOW

Growth Rates

1Year -20.89%

3Years -29.11%

5Years 13.46%

7Years 10.05%

10Years 8.16%

7.95 M FINANCING CASH FLOW

Growth Rates

1Year 106.93%

3Years 39.43%

5Years -9.48%

7Years -25.64%

10Years -23.54%

Balance Sheet Decomposition Antero Resources Corporation

13.6 B ASSETS
6.41 B LIABILITIES

Current Assets	476 M
Cash & Short-Term Investments	0
Receivables	443 M
Other Current Assets	32.3 M
Non-Current Assets	13.1 B
Long-Term Investments	228 M
PP&E	12.9 B
Other Non-Current Assets	25.4 M

Current Liabilities	1.45 B
Accounts Payable	39 M
Short-Term Debt	1.08 B
Other Current Liabilities	333 M
Non-Current Liabilities	4.95 B
Long-Term Debt	3.97 B
Other Non-Current Liabilities	987 M

EFFICIENCY

Earnings Waterfall Antero Resources Corporation

Revenue	4.68 B
Cost Of Revenue	3.9 B
Gross Profit	781 M
Operating Expenses	3.9 B
Operating Income	453 M
Other Expenses	210 M
Net Income	243 M

RATIOS

16.69% GROSS MARGIN

Averages

1Year 16.69%

3Years 37.12%

5Years 20.67%

7Years 22.33%

10Years 18.77%

9.68% OPERATING MARGIN

Averages

1Year 9.68%

3Years 33.01%

5Years 13.43%

7Years 13.72%

10Years 24.29%

5.19% NET MARGIN

Averages

1Year 5.19%

3Years 8.47%

5Years -4.70%

7Years -1.71%

10Years 4.57%

3.48% ROE

Averages

1Year 3.48%

3Years 9.64%

5Years 0.57%

7Years 0.75%

10Years 2.29%

1.78% ROA

Averages

1Year 1.78%

3Years 4.71%

5Years 0.52%

7Years 0.58%

10Years 1.06%

4.09% ROIC

Averages

1Year 4.09%

3Years 17.60%

5Years 9.17%

7Years 7.88%

10Years 6.94%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Antero Resources Corporation

Net Income	243 M
Depreciation & Amortization	693 M
Capital Expenditures	-1.14 B
Stock-Based Compensation	59.5 M
Change in Working Capital	143 M
Others	-373 M
Free Cash Flow	-146 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Antero Resources Corporation

Wall Street analysts predict an average 1-year price target for AR of $32.9 , with forecasts ranging from a low of $26 to a high of $44 .

AR Lowest Price Target Wall Street Target

26 USD -14.73%

AR Average Price Target Wall Street Target

32.9 USD 7.79%

AR Highest Price Target Wall Street Target

44 USD 44.31%

4. DIVIDEND ANALYSIS

0.70% DIVIDEND YIELD

0.3 USD DIVIDEND PER SHARE

5. COMPETITION

EQT Corporation operates as a natural gas production company in the United States. The company produces natural gas, natural gas liquids (NGLs), including ethane, propane, isobutane, butane, and natural gasoline.

91.4 USD

EQT

Undervalued 113.90%

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States.

-34.1 USD

MTDR

Overvalued 159.35%

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas.

70.6 USD

FANG

Overvalued 60.03%

Vital Energy, Inc., an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States.

0 USD

VTLE

Overvalued 100.00%

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties.

7.43 USD

RRC

Overvalued 77.79%

Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States.

-6.61 USD

CRK

Overvalued 149.43%

Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration and production of oil, natural gas, and natural gas liquids in the United States.

65.9 USD

CTRA

Undervalued 157.81%

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the state of Texas.

19.1 USD

Overvalued 55.91%

6. Ownership

Insider Ownership Antero Resources Corporation

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

1.84 M USD 2

6-9 MONTHS

63.1 M USD 4

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
3 months ago Aug 05, 2024	Sell 1.26 M USD	Schultz Yvette K See Remarks	- 50000	25.24 USD
5 months ago May 20, 2024	Sell 581 K USD	Pearce Sheri See Remarks	- 16377	35.5 USD
6 months ago May 14, 2024	Sell 1.69 M USD	Kennedy Michael N. See Remarks	- 50000	33.72 USD
6 months ago May 10, 2024	Sell 5.43 M USD	Keenan W Howard JR Director	- 162993	33.3 USD
6 months ago May 07, 2024	Sell 3.45 M USD	Keenan W Howard JR Director	- 100000	34.53 USD
6 months ago May 08, 2024	Sell 15 M USD	Keenan W Howard JR Director	- 437007	34.35 USD
6 months ago May 09, 2024	Sell 10.3 M USD	Keenan W Howard JR Director	- 300000	34.23 USD
6 months ago May 01, 2024	Sell 337 K USD	CLARK ROBERT J Director	- 10000	33.67 USD
8 months ago Mar 12, 2024	Sell 5.41 M USD	Keenan W Howard JR Director	- 206978	26.15 USD
8 months ago Mar 13, 2024	Sell 14.7 M USD	Keenan W Howard JR Director	- 560729	26.3 USD
8 months ago Mar 14, 2024	Sell 6 M USD	Keenan W Howard JR Director	- 232293	25.85 USD
8 months ago Mar 13, 2024	Sell 736 K USD	Pearce Sheri See Remarks	- 28009	26.29 USD
1 year ago Nov 02, 2023	Sell 104 K USD	Pearce Sheri See Remarks	- 3460	29.92 USD
1 year ago May 05, 2023	Sell 3.16 M USD	Kennedy Michael N. See Remarks	- 150000	21.07 USD
1 year ago Dec 07, 2022	Sell 24.4 M USD	Keenan W Howard JR Director	- 779755	31.3379 USD
1 year ago Dec 06, 2022	Sell 6.86 M USD	Keenan W Howard JR Director	- 220245	31.1575 USD
2 years ago Nov 03, 2022	Sell 97.6 K USD	Pearce Sheri See Remarks	- 2750	35.48 USD
2 years ago Sep 06, 2022	Sell 9.32 M USD	Keenan W Howard JR Director	- 242663	38.4169 USD
2 years ago Sep 06, 2022	Sell 5.16 M USD	Keenan W Howard JR Director	- 131203	39.3104 USD
2 years ago Sep 07, 2022	Sell 12 M USD	Keenan W Howard JR Director	- 318820	37.6438 USD
2 years ago Sep 06, 2022	Sell 2.11 M USD	Keenan W Howard JR director:	- 55266	38.1183 USD
2 years ago Aug 23, 2022	Sell 225 K USD	CLARK ROBERT J director:	- 5000	45 USD
2 years ago Aug 01, 2022	Sell 1.43 M USD	Ash W Patrick See Remarks	- 36701	38.89 USD
2 years ago Jul 26, 2022	Sell 201 K USD	CLARK ROBERT J director:	- 5000	40.17 USD
2 years ago May 18, 2022	Sell 23.6 M USD	Keenan W Howard JR Director	- 683130	34.51 USD
2 years ago May 18, 2022	Sell 10.6 M USD	Keenan W Howard JR director:	- 298249	35.39 USD
2 years ago May 18, 2022	Sell 675 K USD	Keenan W Howard JR Director	- 18621	36.24 USD
2 years ago May 11, 2022	Sell 255 K USD	Pearce Sheri See Remarks	- 7352	34.63 USD
2 years ago Apr 14, 2022	Sell 350 K USD	CLARK ROBERT J director:	- 10000	35 USD
2 years ago Mar 25, 2022	Sell 300 K USD	CLARK ROBERT J director:	- 10000	30 USD
2 years ago Mar 04, 2022	Sell 250 K USD	CLARK ROBERT J director:	- 10000	25 USD
2 years ago Nov 19, 2021	Sell 3.26 M USD	Keenan W Howard JR Director	- 176712	18.4377 USD
2 years ago Nov 22, 2021	Sell 3.3 M USD	Keenan W Howard JR Director	- 179027	18.457 USD
2 years ago Nov 23, 2021	Sell 4.42 M USD	Keenan W Howard JR Director	- 236371	18.7132 USD
3 years ago Nov 15, 2021	Sell 39.1 K USD	Pearce Sheri See Remarks	- 2000	19.56 USD
3 years ago Aug 31, 2021	Sell 1.06 M USD	Keenan W Howard JR Director	- 77495	13.6957 USD
3 years ago Aug 26, 2021	Sell 1.31 M USD	Keenan W Howard JR Director	- 100000	13.0549 USD
3 years ago Aug 27, 2021	Sell 8.18 M USD	Keenan W Howard JR Director	- 600000	13.6371 USD
3 years ago Aug 30, 2021	Sell 3.67 M USD	Keenan W Howard JR Director	- 265013	13.8419 USD
3 years ago May 21, 2021	Sell 104 K USD	Pearce Sheri See Remarks	- 8000	13 USD
3 years ago Mar 03, 2021	Sell 1.65 M USD	CLARK ROBERT J Director	- 168000	9.7922 USD
3 years ago Nov 24, 2020	Sell 6.64 K USD	Pearce Sheri See Remarks	- 1501	4.427 USD
4 years ago Dec 30, 2019	Sell 383 K USD	Kennedy Michael N. See Remarks	- 138098	2.7736 USD
5 years ago Nov 08, 2019	Bought 496 K USD	CLARK ROBERT J Director	+ 178000	2.7885 USD
5 years ago Jun 10, 2019	Sell 99.3 M USD	WARBURG PINCUS LLC director, 10 percent owner:	- 16094190	6.17 USD
5 years ago Jun 10, 2019	Sell 3.08 M USD	Warburg Pincus Private Equity X O&G, L.P. director, 10 percent owner:	- 499830	6.17 USD
5 years ago Jun 10, 2019	Sell 99.3 M USD	KAGAN PETER Director	- 16094190	6.17 USD
5 years ago Jun 10, 2019	Sell 99.3 M USD	Levy James R. Director	- 16094190	6.17 USD
5 years ago May 31, 2019	Bought 50.3 K USD	RADY PAUL M See Remarks	+ 7750	6.4882 USD
5 years ago May 30, 2019	Bought 50.3 K USD	RADY PAUL M See Remarks	+ 7500	6.7055 USD
5 years ago May 29, 2019	Bought 49.8 K USD	RADY PAUL M See Remarks	+ 7300	6.8273 USD
5 years ago May 28, 2019	Bought 49.9 K USD	RADY PAUL M See Remarks	+ 7350	6.7928 USD
5 years ago May 24, 2019	Bought 150 K USD	Warren Glen C Jr See Remarks	+ 21900	6.8566 USD
5 years ago May 24, 2019	Bought 49.7 K USD	RADY PAUL M See Remarks	+ 7200	6.9013 USD
5 years ago May 23, 2019	Bought 49.9 K USD	RADY PAUL M See Remarks	+ 7350	6.7954 USD
5 years ago May 23, 2019	Bought 175 K USD	Warren Glen C Jr See Remarks	+ 25600	6.8325 USD
5 years ago May 22, 2019	Bought 6.9 K USD	Hardesty Benjamin A. Director	+ 1000	6.9 USD
5 years ago May 22, 2019	Bought 173 K USD	Warren Glen C Jr See Remarks	+ 25000	6.9252 USD
5 years ago May 22, 2019	Bought 50.1 K USD	RADY PAUL M See Remarks	+ 7200	6.9563 USD
6 years ago Nov 29, 2017	Sell 3.54 M USD	Keenan W Howard JR Director	- 190000	18.64 USD
5 years ago Mar 15, 2019	Bought 167 K USD	Warren Glen C Jr See Remarks	+ 20000	8.3431 USD
5 years ago Mar 15, 2019	Bought 101 K USD	RADY PAUL M See Remarks	+ 12200	8.3 USD
5 years ago Mar 14, 2019	Bought 129 K USD	Warren Glen C Jr See Remarks	+ 15000	8.589 USD
5 years ago Mar 14, 2019	Bought 102 K USD	RADY PAUL M See Remarks	+ 12000	8.54 USD
5 years ago Mar 13, 2019	Bought 207 K USD	Warren Glen C Jr See Remarks	+ 25000	8.2941 USD
5 years ago Mar 13, 2019	Bought 102 K USD	RADY PAUL M See Remarks	+ 12239	8.335 USD
5 years ago Dec 04, 2018	Sell 262 K USD	CLARK ROBERT J Director	- 20429	12.8031 USD
5 years ago Nov 20, 2018	Sell 13.5 K USD	Hardesty Benjamin A. Director	- 1000	13.5 USD
6 years ago Nov 08, 2018	Sell 206 M USD	WARBURG PINCUS LLC director, 10 percent owner:	- 13000000	15.87 USD
6 years ago Nov 08, 2018	Sell 206 M USD	KAGAN PETER Director	- 13000000	15.87 USD
6 years ago Nov 08, 2018	Sell 206 M USD	Levy James R. Director	- 13000000	15.87 USD
6 years ago Nov 08, 2018	Sell 206 USD	Warburg Pincus Private Equity VIII, L.P. director, 10 percent owner:	- 13	15.87 USD
6 years ago Nov 08, 2018	Sell 12.7 M USD	Warburg Pincus Private Equity X O&G, L.P. director, 10 percent owner:	- 801865	15.87 USD
6 years ago Nov 08, 2018	Sell 6.39 M USD	Warburg Pincus Private Equity X O&G, L.P. director, 10 percent owner:	- 402839	15.87 USD
6 years ago Nov 08, 2018	Sell 187 M USD	Warburg Pincus Private Equity X O&G, L.P. director, 10 percent owner:	- 11790102	15.87 USD
6 years ago Nov 08, 2018	Sell 114 K USD	Connor Richard W. Director	- 6907	16.49 USD
6 years ago Aug 10, 2018	Sell 46.5 K USD	Yoo K. Phil See Remarks	- 2500	18.5878 USD
6 years ago Jul 09, 2018	Sell 55 K USD	Yoo K. Phil See Remarks	- 2500	22 USD
6 years ago May 01, 2018	Sell 47.3 K USD	Yoo K. Phil See Remarks	- 2500	18.93 USD
6 years ago Mar 02, 2018	Sell 50 K USD	Yoo K. Phil See Remarks	- 2500	20 USD
7 years ago Nov 16, 2017	Sell 209 K USD	Yoo K. Phil See Remarks	- 10865	19.2526 USD
7 years ago Nov 10, 2017	Sell 1.65 M USD	Kilstrom Kevin J. See Remarks	- 82760	19.9938 USD
7 years ago Aug 01, 2017	Sell 77.8 K USD	Yoo K. Phil See Remarks	- 3785	20.5463 USD
7 years ago Jun 15, 2017	Sell 529 K USD	McNeilly Ward D. See Remarks	- 24000	22.0501 USD
7 years ago May 17, 2017	Bought 5.25 M USD	Warren Glen C Jr See Remarks	+ 250000	20.99 USD
7 years ago May 17, 2017	Bought 10.6 M USD	RADY PAUL M See remarks	+ 500000	21.1117 USD

7. News

This Is Why Natural Gas Stocks Have Been Surging Lately Natural gas names like CRK, AR, EQT and RRC are having a strong month, helped by the commodity's upward march. zacks.com - 4 days ago

Winter to Be Colder: RRC, AR, CRK Stocks to Gain From Gas Demand? Higher prices of natural gas are highly beneficial for companies like Range Resources Corporation, Antero Resources Corporation and Comstock Resources Inc. zacks.com - 4 days ago

Oil's Ready to Rally: 3 Stocks to Buy as the Energy Sector Heats Price action is often one of the most important indicators for investors to keep track of in the market, and price action only comes with the right amount of volume underneath. Knowing this, investors would benefit from looking into the recent price action and volume in the energy sector, particularly names operating in the oil industry. marketbeat.com - 5 days ago

New Strong Sell Stocks for November 7th ALB, ADM and AR have been added to the Zacks Rank #24 (Strong Sell) List on November 7, 2024. zacks.com - 1 week ago

Antero Resources: Propane Export Premiums Offset Impact Of Weak Natural Gas Prices Antero Resources Corporation's Q3 2024 production was in-line with expectations. It has highlighted strong export prices for its butane and propane, which is now allowing it to realize a couple of dollars above Mont Belvieu for its C3+ NGLs. Antero has also made strides with drilling and completion efficiencies. seekingalpha.com - 2 weeks ago

Top 3 Energy Stocks That Are Preparing To Pump In November The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. benzinga.com - 2 weeks ago

Antero Resources Corporation (AR) Q3 2024 Earnings Call Transcript Antero Resources Corporation (NYSE:AR ) Q3 2024 Results Conference Call October 31, 2024 11:00 AM ET Company Participants Brendan Krueger - Vice President, Finance Paul Rady - President, Chairman and Chief Executive Officer Dave Cannelongo - Senior Vice President, Liquids Marketing and Transportation Justin Fowler - Senior Vice President, Natural Gas Marketing Michael Kennedy - Chief Financial Officer Conference Call Participants Bert Donnes - Truth Securities Arun Jayaram - JPMorgan Leo Mariani - ROTH Capital Ati Modak - Goldman Sachs Josh Silverstein - UBS Kevin MacCurdy - Pickering Energy Partners David Deckelbaum - Cowen Operator Greetings. Welcome to Antero Resources Third Quarter 2024 Earnings Call. seekingalpha.com - 2 weeks ago

Antero Resources (AR) Reports Q3 Loss, Tops Revenue Estimates Antero Resources (AR) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to earnings of $0.08 per share a year ago. zacks.com - 2 weeks ago

Antero Resources Announces Third Quarter 2024 Financial and Operating Results DENVER , Oct. 30, 2024 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero Resources," "Antero," or the "Company") today announced its third quarter 2024 financial and operating results. The relevant unaudited condensed consolidated financial statements are included in Antero Resources' Quarterly Report on Form 10-Q for the quarter ended September 30, 2024. prnewswire.com - 2 weeks ago

Antero Midstream Announces Third Quarter 2024 Results and New Appointment to the Board of Directors DENVER , Oct. 30, 2024 /PRNewswire/ -- Antero Midstream Corporation (NYSE: AM) ("Antero Midstream" or the "Company") today announced its third quarter 2024 financial and operating results. The relevant unaudited condensed consolidated financial statements are included in Antero Midstream's Quarterly Report on Form 10-Q for the three months ended September 30, 2024. prnewswire.com - 2 weeks ago

Analysts Estimate Antero Resources (AR) to Report a Decline in Earnings: What to Look Out for Antero Resources (AR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 weeks ago

Antero Resources Announces Third Quarter 2024 Earnings Release Date and Conference Call DENVER , Oct. 9, 2024 /PRNewswire/ -- Antero Resources (NYSE: AR) ("Antero" or the "Company") announced today that the Company plans to issue its third quarter 2024 earnings release on Wednesday, October 30, 2024 after the close of trading on the New York Stock Exchange. A conference call is scheduled on Thursday, October 31, 2024 at 9:00 am MT to discuss the financial and operational results. prnewswire.com - 1 month ago

8. Profile Summary

Antero Resources Corporation AR

COUNTRY US

INDUSTRY Oil & Gas Exploration & Production

MARKET CAP $ 9.49 B

Dividend Yield 0.70%

Description Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2021, it had approximately 502,000 net acres in the Appalachian Basin; and 174,000 net acres in the Upper Devonian Shale. The company also owned and operated 494 miles of gas gathering pipelines in the Appalachian Basin; and 21 compressor stations. It had estimated proved reserves of 17.7 trillion cubic feet of natural gas equivalent, including 10.2 trillion cubic feet of natural gas; 718 million barrels of assumed recovered ethane; 501 million barrels of primarily propane, isobutane, normal butane, and natural gasoline; and 36 million barrels of oil. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was founded in 2002 and is headquartered in Denver, Colorado.

Contact 1615 Wynkoop Street, Denver, CO, 80202 https://www.anteroresources.com

IPO Date Oct. 10, 2013

Employees 604

Officers Mr. W. Patrick Ash Senior Vice President of Reserves, Planning & Midstream Ms. Maria Wood Henry Senior Vice President of Geology Mr. Steven M. Woodward Senior Vice President of Business Development Mr. Timothy J. C. Rady Senior Vice President of Land Mr. J. Kevin Ellis Regional Senior Vice President Mr. Robert H. Krcek Senior Vice President of Midstream Mr. Jon S. McEvers Senior Vice President of Operations Mr. Paul M. Rady Co-Founder, President, Chairman & Chief Executive Officer Mr. Michael N. Kennedy Senior Vice President of Finance & Chief Financial Officer Ms. Sheri L. Pearce Senior Vice President of Accounting & Chief Accounting Officer

Price Chart AR

Antero Resources Corporation AR

Premium Plan

Unlimited Plan