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.

Antero Resources Corporation

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Water Handling and Treatment Systems

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Assets	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Cash and Cash Equivalents	—	34.4	—	—	—	—
Accounts Receivable
Total Cash and Cash Equivalents	—	34.4	—	—	—	—
Accounts Receivable	399.5	454.7	386	443.4	360.3	743.2
Accrued Revenue
Derivative Instruments
Other Receivables	—	—	—	—	—	—
Accounts Receivable, Related Parties
Total Trade Receivables	399.5	454.7	386	443.4	360.3	743.2
Other Current Assets	28	18.5	23	32.3	24.4	44.4
Prepaid Expenses
Prepaid Expenses and Other Current Assets
Other Current Assets
Other Current Assets
Total Current Assets	427.5	507.5	409	475.7	384.7	787.5
Total Current Assets
Net Property, Plant & Equipment	12,052.9	12,236.9	12,755.5	12,788.3	13,138.5	13,083.1
Property and Equipment, Net
Operating Leases Right-of-Use Assets
Long-Term Investments	249.2	231	223.6	222.3	218.2	220.4
Investment in Unconsolidated Affiliate
Other Long-Term Assets	36.4	34.5	27.8	30.9	25.4	27
Derivative Instruments
Other Assets
Total Assets	12,766.1	13,010.1	13,415.8	13,517.2	13,766.8	14,118
Total Assets

Liabilities	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Accounts Payable	147.2	173.3	135.7	125.3	156.3	158.3
Accounts Payable
Accounts Payable, Related Parties
Accrued Expenses	312.8	402.6	365.3	381.3	366	461.8
Accrued Liabilities
Current Portion of Leases	514.3	493.9	525.6	540.1	554	556.6
Short-Term Lease Liabilities
Unearned Revenue	24.4	25.3	26.2	27.1	28.9	30.6
Deferred Revenue, VPP
Other Current Liabilities	406	350.9	353.2	378.3	401.7	567.7
Revenue Distributions Payable
Deferred Income Tax Liability
Derivative Instruments
Other Current Liabilities
Total Current Liabilities	1,404.7	1,445.9	1,406	1,452.1	1,506.9	1,774.9
Total Current Liabilities
Long-Term Debt	1,098.7	1,489.2	1,591.2	1,537.6	1,492.3	1,183.5
Long-Term Debt
Leases	1,878.7	2,050.3	2,268	2,428.5	2,711.7	2,889.9
Long-Term Lease Liabilities
Other Long-Term Liabilities	899.5	808	958.6	964.9	987.6	1,252.6
Deferred Income Tax Liability, Net
Derivative Instruments
Deferred Revenue, VPP
Other Liabilities
Total Long-Term Liabilities	5,281.6	5,793.5	6,223.9	6,383	5,191.6	5,326
Total Liabilities
Total Liabilities	6,686.3	7,239.4	7,629.9	7,835.1	6,698.5	7,100.9
Total Liabilities

Equity	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Common Stock	3.1	3.1	3.1	3	3	3
Common Stock
Treasury Stock	—	—	—	—	—	-1.2
Treasury Stock, at Cost
Additional Paid-in Capital	5,867.2	5,909.4	5,879.4	5,846.5	5,803.6	5,838.8
Additional Paid-in Capital
Retained Earnings	1,435.3	1,109.2	1,102.5	1,051.9	1,019.3	913.9
Retained Eamings
Total Common Shareholders' Equity	7,305.6	7,021.7	6,985	6,901.5	6,825.9	6,754.6
Total Stockholders' Equity
Minority Interests and Other	178.9	194.9	206.9	232.7	242.4	262.6
Noncontrolling Interests
Total Shareholders' Equity	7,484.5	7,216.5	7,192	7,134.2	7,068.3	7,017.2
Total Liabilities and Shareholders' Equity	12,766.1	13,010.1	13,415.8	13,517.2	13,766.8	14,118
Total Liabilities and Equity