Antero Resources reports Q1 adjusted EPS 78c, consensus 88c

Reports Q1 revenue $1.35B, consensus $1.4B. Net production averaged 3.4 Bcfe/d. Paul Rady, Chairman, CEO and President of Antero Resources (AR) commented, “Our first quarter 2025 results highlight the benefit of Antero’s differentiated strategy in securing firm transportation capacity that sells the majority of our natural gas along the Gulf Coast LNG corridor. The faster than expected ramp-up of Gulf Coast LNG facilities led to record LNG demand and contributed to natural gas realizations at a $0.36 premium to NYMEX during the quarter. Bolstering our premium price realization outlook further, on the NGL side, we entered into firm sales agreements for approximately 90% of our LPG at the Marcus Hook, PA dock at an attractive double-digit premium to Mont Belvieu pricing for 2025. This contracted pricing is expected to deliver an approximate $2.00 per barrel premium to Mont Belvieu in 2025.”