Antero Resources Q2 net income $157 million; raises 2025 production guidance
Antero Resources reported second quarter 2025 results with net income of $157 million, compared with a loss of $80 million a year earlier, and Adjusted EBITDAX of $379 million. The company raised its full-year 2025 production guidance to 3.4 to 3.45 Bcfe/d and lowered its drilling and completion capital budget to $650 to $675 million, while reducing debt and buying back shares.
Key points
- Net income was $157 million in Q2 2025 versus a loss of $80 million in Q2 2024; Adjusted Net Income was $110 million (non-GAAP).
- Full-year 2025 production guidance raised to 3.4 to 3.45 Bcfe/d; drilling and completion capital budget cut to $650 to $675 million.
- Net debt fell $187 million during the quarter to $1.1 billion; the company bought 3.6 million shares for about $126 million from April 1 to July 30, 2025.
- Conference call scheduled for Thursday, July 31, 2025 at 9:00 am MT.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing 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 July 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.