v3.24.3
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue and other:        
Total revenue $ 1,055,920 $ 1,126,176 $ 3,156,845 $ 3,487,829
Operating expenses:        
Lease operating 29,597 33,484 88,477 91,553
Production and ad valorem taxes 47,423 32,258 147,524 117,692
General and administrative (including equity-based compensation expense) 54,627 58,425 169,917 169,587
Depletion, depreciation and amortization 170,197 176,259 513,787 515,247
Impairment of property and equipment 13,455 13,476 18,958 44,746
Accretion of asset retirement obligations 998 889 2,554 2,971
Contract termination, loss contingency and settlements (1,517) 13,659 3,531 47,650
Gain on sale of assets (1,297) (136) (1,127) (447)
Other operating expense 342 111 370 336
Total operating expenses 1,061,823 1,070,444 3,159,577 3,189,543
Operating income (loss) (5,903) 55,732 (2,732) 298,286
Other income (expense):        
Interest expense, net (28,278) (31,634) (91,146) (85,262)
Equity in earnings of unconsolidated affiliate 25,634 22,207 69,862 58,986
Loss on early extinguishment of debt (528)   (528)  
Loss on convertible note inducement       (86)
Total other expense (3,172) (9,427) (21,812) (26,362)
Income (loss) before income taxes (9,075) 46,305 (24,544) 271,924
Income tax benefit (expense) (1,212) (13,663) 2,089 (46,013)
Net income (loss) and comprehensive income (loss) including noncontrolling interests (10,287) 32,642 (22,455) 225,911
Less: net income and comprehensive income attributable to noncontrolling interests 10,157 14,834 27,307 77,756
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation $ (20,444) $ 17,808 $ (49,762) $ 148,155
Net income (loss) per common share-basic (in dollars per share) $ (0.07) $ 0.06 $ (0.16) $ 0.50
Net income (loss) per common share-diluted (in dollars per share) $ (0.07) $ 0.06 $ (0.16) $ 0.48
Weighted average number of common shares outstanding:        
Basic (in shares) 311,025 300,141 308,932 298,461
Diluted (in shares) 311,025 311,534 308,932 310,958
Natural gas sales        
Revenue and other:        
Total revenue $ 425,802 $ 516,214 $ 1,274,503 $ 1,621,659
Natural gas liquids sales        
Revenue and other:        
Total revenue 504,200 482,570 1,511,253 1,375,738
Oil sales        
Revenue and other:        
Total revenue 52,724 62,629 180,899 172,402
Gathering, compression, processing and transportation        
Operating expenses:        
Cost of goods and services sold 685,183 671,886 2,020,906 1,981,033
Commodity derivative fair value gains        
Revenue and other:        
Total revenue 18,368 3,448 22,229 137,924
Marketing        
Revenue and other:        
Total revenue 47,160 53,068 145,098 155,390
Operating expenses:        
Cost of goods and services sold 62,144 69,542 192,764 217,078
Amortization of deferred revenue, VPP        
Revenue and other:        
Total revenue 6,812 7,701 20,289 22,852
Other revenue and income        
Revenue and other:        
Total revenue 854 546 2,574 1,864
Exploration        
Operating expenses:        
Cost of goods and services sold $ 671 $ 591    
Exploration and mine expenses        
Operating expenses:        
Cost of goods and services sold     $ 1,916 $ 2,097

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