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
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Receivables288857921712950
Derivative instruments and hedges, assets10583521816423412347
Other current assets15129101177
Other undisclosed current assets425339255201318281309
Total current assets:5745228421,120923730713
Noncurrent Assets
Operating lease, right-of-use asset2,6142,6602,5632,8152,8873,2303,331
Property, plant and equipment74739,9379,9959,9799,91510,915
Oil and gas property, successful effort method13,43613,415     
Long-term investments and receivables2552732802921,0551,8191,967
Long-term investments2552732802921,0551,8191,967
Derivative instruments and hedges4744104284333405370
Other noncurrent assets14161820212135
Other undisclosed noncurrent assets(3,863)(3,654)     
Total noncurrent assets:12,57712,82812,90213,40614,27515,39116,618
TOTAL ASSETS:13,15113,35013,74414,52615,19816,12017,331
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities370400376405415425403
Accounts payable27553738143245
Accrued liabilities344345339367401393359
Deferred revenue4543     
Debt11230296305410414
Derivative instruments and hedges, liabilities311084 7 0
Due to related parties708273899810099
Other liabilities2277744
Other undisclosed current liabilities463400174175208231301
Total current liabilities:9831,0358649721,0401,1711,221
Noncurrent Liabilities
Long-term debt and lease obligation3,0023,1583,5183,7083,7596,5276,523
Long-term debt, excluding current maturities3,0023,1583,5183,7083,7593,7043,602
Finance lease, liability     22
Operating lease, liability     2,8212,919
Liabilities, other than long-term debt727762594733844115112
Deferred revenue156167     
Asset retirement obligations     5554
Deferred income tax liabilities412381530672782  
Other liabilities60646260595958
Derivative instruments and hedges, liabilities99149304  
Other undisclosed noncurrent liabilities2,3492,4102,3342,5212,5848611,135
Total noncurrent liabilities:6,0786,3306,4476,9617,1877,5027,770
Total liabilities:7,0617,3667,3117,9338,2278,6748,991
Stockholders' equity
Stockholders' equity attributable to parent5,7685,6686,1366,5936,9717,4478,340
Common stock3333333
Additional paid in capital6,1956,1666,0986,0916,1306,1246,138
Retained earnings (accumulated deficit)(430)(500)354998371,3202,198
Stockholders' equity attributable to noncontrolling interest323316297    
Total stockholders' equity:6,0905,9846,4336,5936,9717,4478,340
TOTAL LIABILITIES AND EQUITY:13,15113,35013,74414,52615,19816,12017,331

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

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues1,3093814851,3179531,1191,300
Cost of revenue(1,286)(1,073)(1,015)(933)(2,241)(1,026)(1,025)
Gross profit:23(692)(530)384(1,288)92274
Operating expenses122(62)(77)(122)1,221(1,078)(174)
Other operating income (expense), net423(157)(145)(120)(172)(138)(176)
Other undisclosed operating income (loss)(423)157145120172138176
Operating income (loss):145(754)(607)262(67)(986)100
Nonoperating income (expense)(26)311(711)(522)(166)(41)
Investment income, nonoperating197(515)(168)566(109)221328
Interest and debt expense(183)563981   
Other undisclosed loss from continuing operations before equity method investments, income taxes    (11)  
Income (loss) from continuing operations before equity method investments, income taxes:(64)(667)(566)(368)(601)(1,151)59
Other undisclosed income (loss) from continuing operations before income taxes183(56)(39)(81)11  
Income (loss) from continuing operations before income taxes:119(723)(605)(449)(590)(1,151)59
Income tax expense (benefit)(24)169142110107273(17)
Net income (loss):95(554)(463)(339)(482)(879)42
Net income (loss) attributable to noncontrolling interest(25)18(0)    
Net income (loss) available to common stockholders, diluted:70(536)(463)(339)(482)(879)42

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):95(554)(463)(339)(482)(879)42
Comprehensive income (loss):95(554)(463)(339)(482)(879)42
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(25)18(0)    
Comprehensive income (loss), net of tax, attributable to parent:70(536)(463)(339)(482)(879)42

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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