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ANTERO RESOURCES Corp (AR)

As-reported financials and recent SEC filings for ANTERO RESOURCES Corp, latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About ANTERO RESOURCES Corp

Antero Resources Corp is an oil and natural gas exploration and production company. It produces and markets natural gas, natural gas liquids, and oil primarily in the United States. The company operates various assets including drilling rigs, processing plants, and gas gathering lines.

Snapshot

Revenue
$5.14B
Revenue growth (YoY)
19.6%
Net income
$675.0M
Diluted EPS
$2.03
Gross margin
Operating margin
17.2%
Net margin
13.1%
FCF margin
ROE
8.7%
P/E (TTM)
11.4×
Market cap
$10.93B
Debt / equity
0.2×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at ANTERO RESOURCES

  • Revenue grew 19.6% to $5.1B in FY2025, after a 4.2% decline the year before.
  • Operating margin is 17.2% in FY2025, +16.7 pp against 0.5% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $1.9B, up 43.8% from Q1 FY2025.
  • Net income rose 618.1% to $675M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where ANTERO RESOURCES’s fundamentals sit among the 61 oil and gas companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin17.2%
55th percentile of 50
Net margin13.1%
56th percentile of 58
Revenue growth (YoY)+19.6%
67th percentile of 59
ROE8.7%
56th percentile of 49
P/E (TTM)11.4×
31st percentile of 40
Debt / equity0.18×
8th percentile of 37
Short interest2.73d
24th percentile of 60

ANTERO RESOURCES’s debt to equity of 0.18 ranks in the 8th percentile of the 37 oil and gas companies reporting it.

No open-market insider buys in the last 90 days; 4 insider sales totaling $8.9M. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
4
+6 quant / multi-strat
Initiated / added
4
2 new, 2 added
Reduced / exited
7
6 trimmed, 1 exited
Combined position
$507.8M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ1 2026$232.4M5.5MAdded
D. E. ShawquantQ1 2026$108.0M2.5MReduced
Citadel AdvisorsquantQ1 2026$68.9M1.6MAdded
Greenlight CapitalQ1 2026$34.3M808.5KReduced
Renaissance TechnologiesquantQ1 2026$21.0M493.8KNew
Two Sigma InvestmentsquantQ1 2026$16.7M392.9KReduced
Millennium ManagementquantQ1 2026$11.9M279.2KReduced
Bridgewater AssociatesQ1 2026$7.2M168.8KReduced
Gotham Asset ManagementQ1 2026$6.7M157.5KReduced
Maverick CapitalQ1 2026$883,47320.8KNew

No longer held by: Point72 Asset Management (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
4
$8.9M
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-04
Kennedy Michael N.See RemarksSell170.7K$39.31$6.7M
2026-05-04
Schultz Yvette KSee RemarksSell38.9K$39.26$1.5M
2026-05-04
Kennedy Michael N.See RemarksSell15.1K$39.61$598K
2026-05-04
Schultz Yvette KSee RemarksSell549$39.76$22K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
11.9M
settled 2026-07-15
Change vs prior
+0.2%
vs previous settlement
Days to cover
2.73
at avg daily volume
Avg daily volume
4.3M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-1511.9M+0.2%2.73
2026-06-3011.8M-4.3%2.11
2026-06-1512.4M-1.4%2.71
2026-05-2912.6M+8.4%2.68
2026-05-1511.6M+23.2%2.72
2026-04-309.4M+15.4%1.77
2026-04-158.1M-20.7%1.50
2026-03-3110.3M-8.1%1.57

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$5.14B$4.30B$4.48B$7.14B$4.62B
Gross profit
Operating income$883.6M$460,000$396.2M$2.54B$23.9M
Net income$675.0M$94.0M$297.0M$2.00B$-162.0M
Diluted EPS$2.03$0.18$0.64$5.69$-0.61

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$210.0M$0$0$0$0
Current assets$831.8M$507.5M$475.7M$787.5M$686.1M
Total assets$13.25B$13.01B$13.52B$14.12B$13.90B
Current liabilities$1.50B$1.45B$1.45B$1.77B$2.07B
Long-term debt$1.40B$1.49B$1.54B$1.18B$2.13B
Total liabilities$5.53B$5.79B$6.38B$7.10B$7.83B
Total equity$7.72B$7.22B$7.13B$7.02B$6.07B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.63B$849.3M$994.7M$3.05B$1.66B
Capital expenditure$944.0M$715.9M
Free cash flow$2.11B$944.2M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$1.95B43.8%$548.2M$1.72
Q4 FY2025$1.27B11.8%$0.62
Q3 FY2025$1.21B15.0%$85.6M$0.24
Q2 FY2025$1.30B32.6%$166.6M$0.50
Q1 FY2025$1.35B20.5%$219.5M$0.66
Q4 FY2024$1.14B14.4%$0.48
Q3 FY2024$1.06B-6.2%$-25.2M$-0.11
Q2 FY2024$978.7M2.7%$-74.6M$-0.26

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorEnergy
SIC industryCrude Petroleum & Natural Gas
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2016
SEC CIK1433270

Recent SEC filings

10-K2026-02-11
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
8-K2026-06-23
View on EDGAR →
8-K2026-06-17
View on EDGAR →
8-K2026-06-04
View on EDGAR →
8-K2026-05-12
View on EDGAR →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.