Antero Resources Corporation (AR) financial statements (2020 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)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments  28322324617
Cash and cash equivalents  28322324617
Receivables295135307911633
Derivative instruments and hedges, assets412245461731,009693183
Other current assets73596863
Other undisclosed current assets28147530026212819297
Total current assets:7308078334031,2481,252334
Noncurrent Assets
Operating lease, right-of-use asset3,230
Property, plant and equipment9,91513,87013,23612,02710,7329,3525,560
Oil and gas property, successful effort method     8,576 
Long-term investments and receivables1,819434303   0
Long-term investments1,819434303   0
Derivative instruments and hedges4053628411,7312,108900678
Deferred costs     52 
Other noncurrent assets21474895666943
Other undisclosed noncurrent assets     (8,628)(0)
Total noncurrent assets:15,39114,71314,42813,85312,90710,3216,280
TOTAL ASSETS:16,12015,51915,26114,25614,15511,5736,614
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities425531506432558700448
Accounts payable32666339364532371
Accrued liabilities39346544339419416977
Debt410      
Derivative instruments and hedges, liabilities 128204  1
Due to related parties100      
Deferred tax liabilities    26069
Other liabilities411181719128
Other undisclosed current liabilities23131121016413018297
Total current liabilities:1,1718547628177071,155622
Noncurrent Liabilities
Long-term debt and lease obligation6,5275,4624,8004,7044,7094,3632,079
Long-term debt, excluding current maturities3,7045,4624,8004,7044,7094,3632,079
Finance lease, liability2
Operating lease, liability2,821
Liabilities, other than long-term debt1157178231,0061,453599326
Asset retirement obligations55    1712
Deferred tax liabilities, net6517809501,371534279
Other liabilities59664355824835
Derivative instruments and hedges, liabilities  00   
Other undisclosed noncurrent liabilities861    (17)(12)
Total noncurrent liabilities:7,5026,1785,6235,7106,1614,9452,393
Total liabilities:8,6747,0326,3856,5276,8696,1003,015
Stockholders' equity
Stockholders' equity attributable to parent, including:7,4477,6668,1496,2635,9345,4743,599
Common stock3333333
Additional paid in capital6,1246,4856,5715,2994,1233,5143,402
Retained earnings1,3201,1781,5759601,809867194
Other undisclosed stockholders' equity attributable to parent     1,090 
Stockholders' equity attributable to noncontrolling interest 8227271,4661,3521,090 
Other undisclosed stockholders' equity     (2,180) 
Total stockholders' equity:7,4478,4878,8767,7297,2874,3843,599
Other undisclosed liabilities and equity     1,090 
TOTAL LIABILITIES AND EQUITY:16,12015,51915,26114,25614,15511,5736,614

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues4,5024,1403,6561,7453,9552,7211,313
Revenue, net1,8771,3221,1111,301689
Cost of revenue(4,080)(3,815)(2,630)(2,406)(1,821)(491)(228)
Cost of goods and services sold  (1,185)(933)(695)(491)(228)
Gross profit:4223251,026(662)2,1342,2301,085
Operating expenses(1,388)(253)(286)(314)(344)(1,421)(972)
Other operating expense, net
(Other undisclosed Other operating expense, net)
(315)      
Other undisclosed operating income315    491228
Operating income (loss):(966)72740(976)1,7901,300341
Nonoperating income (expense)1,076(246)(250)(270)(234)(180)(179)
Investment income, nonoperating1,733(88)637(514)2,382  
Other nonoperating expense     (180)(179)
Interest and debt expense(150)(287)(2)(17)(234)(140)(179)
Other undisclosed income from continuing operations before equity method investments, income taxes     140179
Income (loss) from continuing operations before equity method investments, income taxes:(41)(461)489(1,263)1,3211,119162
Other undisclosed income from continuing operations before income taxes150287217234  
Income (loss) from continuing operations before income taxes:110(175)490(1,246)1,5561,119162
Income tax expense (benefit)98129295496(576)(446)(186)
Income (loss) from continuing operations:208(46)785(749)980674(24)
Loss from discontinued operations     (1)(3)
Income (loss) before gain (loss) on sale of properties:208(46)785(749)980672(27)
Other undisclosed net income     49
Net income (loss):208(46)785(749)980676(19)
Net loss attributable to noncontrolling interest(187)(352)(170)(99)(39)(2) 
Other undisclosed net income attributable to parent     2 
Net income (loss) attributable to parent:21(398)615(849)941676(19)
Other undisclosed net loss available to common stockholders, basic     (2) 
Net income (loss) available to common stockholders, diluted:21(398)615(849)941674(19)

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):208(46)785(749)980676(19)
Comprehensive income (loss):208(46)785(749)980676(19)
Comprehensive loss, net of tax, attributable to noncontrolling interest(187)(352)(170)(99)(39)(2) 
Comprehensive income (loss), net of tax, attributable to parent:21(398)615(849)941674(19)

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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