Antero Resources swings to Q3 net loss of $20 million; revenue falls to $1.06 billion
Antero Resources reported third quarter 2024 results with a net loss attributable to the company of $20 million, compared with net income of $17.8 million a year earlier. Total revenue fell to $1.06 billion from $1.13 billion, and Adjusted EBITDAX declined to $187 million from $271 million. The company also lowered its 2024 drilling and completion capital budget, while keeping its 2024 production guidance unchanged.
Key points
- Q3 2024 net loss attributable to Antero of $20 million, versus net income of $17.8 million in Q3 2023
- Total revenue of $1.06 billion, versus $1.13 billion a year earlier; Adjusted EBITDAX of $187 million, versus $271 million
- 2024 drilling and completion capital budget cut to $640 million to $660 million from $650 million to $700 million
- Net production averaged 3.4 Bcfe/d, a 2% decrease from the year-ago period; 2024 production guidance maintained
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.