Antero Resources Q1 net income rises to $535 million on record 3.9 Bcfe/d output
Antero Resources reported first quarter 2026 net income of $535 million, up from $208 million a year earlier, with Adjusted EBITDAX of $723 million, up 32%. The company said the HG acquisition added production, and it lowered its 2026 cash production expense guidance while raising its ethane price premium outlook, with full-year production unchanged.
Key points
- Net production averaged a company record 3.9 Bcfe/d, up 13% from the year-ago period
- Net cash provided by operating activities was $859 million, versus $457.7 million a year earlier; Adjusted Free Cash Flow was $657 million
- 2026 cash production expense guidance cut to $2.25 to $2.35 per Mcfe from $2.35 to $2.45; ethane premium raised to $2.00 to $3.00 per barrel
- Total long-term debt was $2.66 billion on March 31, 2026, versus $1.40 billion at December 31, 2025, after the HG acquisition
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 April 29, 2026.
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.