Antero Resources Q3 net income rises to $367 million; output at record 4.2 Bcfe/d
Antero Resources reported third quarter 2026 results on October 28, 2026, with net income of $367 million, compared with $76 million attributable to the company in the year-ago quarter. Adjusted EBITDAX rose 99% to $634 million, and Adjusted Free Cash Flow was $215 million, while the company bought back 1.6 million shares for about $56 million. Fourth quarter guidance calls for production of about 4.3 Bcfe/d and cash production expense of $2.10 to $2.20 per Mcfe.
Key points
- Net income was $367 million versus $76 million attributable to Antero in Q3 2025; Adjusted Net Income was $256 million versus $48 million.
- Adjusted EBITDAX was $634 million, up 99% from the prior year; cash operating costs fell to $2.05 per Mcfe from $2.44 per Mcfe.
- Q4 2026 guidance: production of about 4.3 Bcfe/d and drilling and completion capital of $325 million to $350 million; 2026 D&C budget target is $1.2 billion.
- Net debt was $2.78 billion at September 30, 2026, compared with $1.31 billion at September 30, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:18 PM ET, from the text of the filing and its press-release exhibits only.
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.