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Antero Resources reports Q3 EPS 24c, consensus 25c

Reports Q3 revenue $1.21B, consensus $1.18B. Michael Kennedy, CEO and President of Antero Resources (AR) commented, “Antero’s third quarter results yet again raised the bar for operational performance, as we set numerous drilling and completion records during the period. In addition, we completed several bolt-on acquisitions located in our core Marcellus acreage position in West Virginia. The transactions increase Antero’s production and inventory and enhance our ability to capitalize on the significant demand increases expected for natural gas. Further, these transactions were financed through 2025’s Free Cash Flow.”

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