Antero Resources Corporation (AR) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments    283223
Cash and cash equivalents    283223
Receivables792817151353079
Derivative instruments and hedges, assets1105423245461731,009
Other current assets15151135968
Other undisclosed current assets591425318475300262128
Total current assets:6865749238078334031,248
Noncurrent Assets
Operating lease, right-of-use asset3,4202,6142,887
Property, plant and equipment117749,97913,87013,23612,02710,732
Oil and gas property, successful effort method13,68813,436     
Long-term investments and receivables2322551,055434303  
Long-term investments2322551,055434303  
Derivative instruments and hedges14473333628411,7312,108
Other noncurrent assets17142147489566
Other undisclosed noncurrent assets(4,278)(3,863)     
Total noncurrent assets:13,21012,57714,27514,71314,42813,85312,907
TOTAL ASSETS:13,89713,15115,19815,51915,26114,25614,155
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities482370415531506432558
Accounts payable252714666339364
Accrued liabilities457344401465443394194
Deferred revenue3845 
Debt01305    
Derivative instruments and hedges, liabilities560317128204 
Due to related parties767098    
Other liabilities112711181719
Other undisclosed current liabilities901463208311210164130
Total current liabilities:2,0689831,040854762817707
Noncurrent Liabilities
Long-term debt and lease obligation2,1253,0023,7595,4624,8004,7044,709
Long-term debt, excluding current maturities2,1253,0023,7595,4624,8004,7044,709
Liabilities, other than long-term debt6737278447178231,0061,453
Deferred revenue118156 
Deferred tax liabilities, net6517809501,371
Deferred income tax liabilities318412782
Other liabilities54605966435582
Derivative instruments and hedges, liabilities182994 00 
Other undisclosed noncurrent liabilities2,9642,3492,584    
Total noncurrent liabilities:5,7626,0787,1876,1785,6235,7106,161
Total liabilities:7,8307,0618,2277,0326,3856,5276,869
Stockholders' equity
Stockholders' equity attributable to parent5,7575,7686,9717,6668,1496,2635,934
Common stock3333333
Additional paid in capital6,3716,1956,1306,4856,5715,2994,123
Retained earnings (accumulated deficit)(617)(430)8371,1781,5759601,809
Stockholders' equity attributable to noncontrolling interest309323 8227271,4661,352
Total stockholders' equity:6,0666,0906,9718,4878,8767,7297,287
TOTAL LIABILITIES AND EQUITY:13,89713,15115,19815,51915,26114,25614,155

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues4,6193,4924,4094,1403,6561,7453,955
Revenue, net1,8771,3221,111
Cost of revenue(4,449)(4,307)(5,213)(3,815)(2,630)(2,406)(1,821)
Cost of goods and services sold    (1,185)(933)(695)
Gross profit:170(815)(805)3251,026(662)2,134
Operating expenses(147)(138)(182)(253)(286)(314)(344)
Other operating expense, net  (695)    
Other undisclosed operating income  695    
Operating income (loss):24(953)(987)72740(976)1,790
Nonoperating income (expense)(252)(704)620(246)(250)(270)(234)
Investment income, nonoperating(1,937)801,297(88)637(514)2,382
Interest and debt expense(51)(8)(11)(287)(2)(17)(234)
Income (loss) from continuing operations before equity method investments, income taxes:(279)(1,666)(378)(461)489(1,263)1,321
Other undisclosed income from continuing operations before income taxes51811287217234
Income (loss) from continuing operations before income taxes:(228)(1,658)(367)(175)490(1,246)1,556
Income tax expense (benefit)7439774129295496(576)
Net income (loss):(154)(1,260)(293)(46)785(749)980
Net loss attributable to noncontrolling interest(33)(7)(47)(352)(170)(99)(39)
Net income (loss) available to common stockholders, diluted:(187)(1,268)(340)(398)615(849)941

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(154)(1,260)(293)(46)785(749)980
Comprehensive income (loss):(154)(1,260)(293)(46)785(749)980
Comprehensive loss, net of tax, attributable to noncontrolling interest(33)(7)(47)(352)(170)(99)(39)
Comprehensive income (loss), net of tax, attributable to parent:(187)(1,268)(340)(398)615(849)941

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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