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.
Revenue of Antero Resources Corporation (AR)
Revenue in 2023 (TTM): $4.68 B
According to Antero Resources Corporation's latest financial reports the company's current revenue (TTM) is $4.68 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Antero Resources Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $4.68 B | $781.44 M | $1.23 B | $417.84 M | $242.92 M |
| 2022 | $8.29 B | $4.62 B | $3.29 B | $2.47 B | $1.9 B |
| 2021 | $5.79 B | $2.25 B | $699.51 M | $-228,186,000 | $-154,109,000 |
| 2020 | $3.08 B | $-514,443,000 | $-592,730,000 | $-1,657,893,000 | $-1,260,411,000 |
| 2019 | $3.65 B | $315.98 M | $779.49 M | $-367,246,000 | $-293,136,000 |
| 2018 | $3.65 B | $1.08 B | $1.09 B | $-174,558,000 | $-397,517,000 |
| 2017 | $2.75 B | $644.09 M | $1.75 B | $490.09 M | $615.07 M |
| 2016 | $1.77 B | $-41,367,000 | $-16,991,000 | $-1,245,824,000 | $-848,816,000 |
| 2015 | $1.4 B | $-86,332,000 | $2.61 B | $1.56 B | $941.36 M |
| 2014 | $1.76 B | $702.26 M | $1.76 B | $1.12 B | $673.59 M |
| 2013 | $821.45 M | $309.22 M | $533.58 M | $162.02 M | $-18,930,000 |
| 2012 | $264.98 M | $45.41 M | $87.48 M | $346.51 M | $-285,069,000 |
| 2011 | $195.29 M | $85.74 M | $586.61 M | $456.49 M | $392.68 M |
| 2010 | $47.43 M | $15.63 M | $76.15 M | $1.16 M | $228.63 M |