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Antero Resources reports Q1 EPS $1.72, consensus $1.14

Reports Q1 revenue $1.945B, consensus $1.63B. Michael Kennedy, CEO and President of Antero Resources (AR) commented, “During the first quarter we achieved record production, which was 13% above the year ago period. This production growth drove one of the highest quarterly EBITDAX and Free Cash Flow results in company history. These results reflect a tremendous performance from our operations team which navigated the harsh conditions of Winter Storm Fern without having to shut-in any volumes. This enabled Antero to deliver critical natural gas to the various regions that needed it most, a truly remarkable achievement by our people in the field.”

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