Antero Resources Corporation (AR) financial statements (2021 and earlier)

Company profile

Business Address 1615 WYNKOOP STREET
DENVER, CO 80202
State of Incorp.
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   283223246
Cash and cash equivalents   283223246
Receivables2817151353079116
Derivative instruments and hedges, assets105423245461731,009693
Other current assets1511359686
Other undisclosed current assets425318475300262128192
Total current assets:5749238078334031,2481,252
Noncurrent Assets
Operating lease, right-of-use asset2,6142,887
Property, plant and equipment749,97913,87013,23612,02710,7329,352
Oil and gas property, successful effort method13,436     8,576
Long-term investments and receivables2551,055434303   
Long-term investments2551,055434303   
Derivative instruments and hedges473333628411,7312,108900
Deferred costs      52
Other noncurrent assets14214748956669
Other undisclosed noncurrent assets(3,863)     (8,628)
Total noncurrent assets:12,57714,27514,71314,42813,85312,90710,321
TOTAL ASSETS:13,15115,19815,51915,26114,25614,15511,573
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities370415531506432558700
Accounts payable2714666339364532
Accrued liabilities344401465443394194169
Deferred revenue45 
Debt1305     
Derivative instruments and hedges, liabilities317128204  
Due to related parties7098     
Deferred tax liabilities    260
Other liabilities271118171912
Other undisclosed current liabilities463208311210164130182
Total current liabilities:9831,0408547628177071,155
Noncurrent Liabilities
Long-term debt and lease obligation3,0023,7595,4624,8004,7044,7094,363
Long-term debt, excluding current maturities3,0023,7595,4624,8004,7044,7094,363
Liabilities, other than long-term debt7278447178231,0061,453599
Deferred revenue156 
Asset retirement obligations      17
Deferred tax liabilities, net6517809501,371534
Deferred income tax liabilities412782
Other liabilities60596643558248
Derivative instruments and hedges, liabilities994 00  
Other undisclosed noncurrent liabilities2,3492,584    (17)
Total noncurrent liabilities:6,0787,1876,1785,6235,7106,1614,945
Total liabilities:7,0618,2277,0326,3856,5276,8696,100
Stockholders' equity
Stockholders' equity attributable to parent, including:5,7686,9717,6668,1496,2635,9345,474
Common stock3333333
Additional paid in capital6,1956,1306,4856,5715,2994,1233,514
Retained earnings (accumulated deficit)(430)8371,1781,5759601,809867
Other undisclosed stockholders' equity attributable to parent      1,090
Stockholders' equity attributable to noncontrolling interest323 8227271,4661,3521,090
Other undisclosed stockholders' equity      (2,180)
Total stockholders' equity:6,0906,9718,4878,8767,7297,2874,384
Other undisclosed liabilities and equity      1,090
TOTAL LIABILITIES AND EQUITY:13,15115,19815,51915,26114,25614,15511,573

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues3,4924,4094,1403,6561,7453,9552,721
Revenue, net1,8771,3221,1111,301
Cost of revenue(4,307)(5,213)(3,815)(2,630)(2,406)(1,821)(491)
Cost of goods and services sold   (1,185)(933)(695)(491)
Gross profit:(815)(805)3251,026(662)2,1342,230
Operating expenses(138)(182)(253)(286)(314)(344)(1,421)
Other operating expense, net (695)     
Other undisclosed operating income 695    491
Operating income (loss):(953)(987)72740(976)1,7901,300
Nonoperating income (expense)(704)620(246)(250)(270)(234)(180)
Investment income, nonoperating801,297(88)637(514)2,382 
Other nonoperating expense      (180)
Interest and debt expense(8)(11)(287)(2)(17)(234)(140)
Other undisclosed income from continuing operations before equity method investments, income taxes      140
Income (loss) from continuing operations before equity method investments, income taxes:(1,666)(378)(461)489(1,263)1,3211,119
Other undisclosed income from continuing operations before income taxes811287217234 
Income (loss) from continuing operations before income taxes:(1,658)(367)(175)490(1,246)1,5561,119
Income tax expense (benefit)39774129295496(576)(446)
Income (loss) from continuing operations:(1,260)(293)(46)785(749)980674
Loss from discontinued operations      (1)
Income (loss) before gain (loss) on sale of properties:(1,260)(293)(46)785(749)980672
Other undisclosed net income      4
Net income (loss):(1,260)(293)(46)785(749)980676
Net loss attributable to noncontrolling interest(7)(47)(352)(170)(99)(39)(2)
Other undisclosed net income attributable to parent      2
Net income (loss) attributable to parent:(1,268)(340)(398)615(849)941676
Other undisclosed net loss available to common stockholders, basic      (2)
Net income (loss) available to common stockholders, diluted:(1,268)(340)(398)615(849)941674

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(1,260)(293)(46)785(749)980676
Comprehensive income (loss):(1,260)(293)(46)785(749)980676
Comprehensive loss, net of tax, attributable to noncontrolling interest(7)(47)(352)(170)(99)(39)(2)
Comprehensive income (loss), net of tax, attributable to parent:(1,268)(340)(398)615(849)941674

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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