7Baggers
Quarterly
Annual
    Unit: USD2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 
      
    		                             
      assets
    		                             
      current assets:
    		                             
      cash and cash equivalents
    		   26,088,000 66,000         678,000 261,000 640,000 2,393,000 2,997,000  1,235,000  7,791,000 1,968,000       
      accounts receivable–antero resources
    		115,180,000 98,037,000 101,251,000 104,766,000 88,610,000       81,197,000 85,152,000 89,996,000 88,773,000 73,722,000 83,948,000 76,088,000 90,569,000 101,029,000 105,182,000 103,898,000 110,980,000       
      accounts receivable–third party
    		832,000 536,000 1,384,000 1,023,000 952,000       747,000 857,000 466,000 227,000 839,000 3,599,000 3,392,000 3,095,000 4,574,000 940,000 586,000 256,000       
      other current assets
    		2,052,000 1,303,000 963,000 1,811,000 1,500,000       920,000 541,000 358,000 966,000 1,479,000 521,000 645,000 1,251,000 1,720,000 3,102,000 3,092,000 3,515,000       
      total current assets
    		118,064,000 99,876,000 103,598,000 133,688,000 91,128,000       83,804,000 87,490,000 92,438,000 91,167,000 93,931,000 108,008,000 100,669,000 151,372,000 108,558,000 109,224,000 115,367,000 116,719,000 2,909,000 4,442,000 6,271,000 14,637,000 5,987,000  
      long-term assets:
    		                             
      property and equipment
    		3,881,621,000 3,892,154,000 3,868,885,000 3,788,559,000 3,793,523,000       3,394,746,000 3,345,843,000 3,293,791,000 3,249,726,000 3,254,044,000 3,255,889,000 3,249,643,000 3,228,265,000 3,273,410,000 3,215,978,000 3,744,336,000 3,659,677,000       
      investments in unconsolidated affiliates
    		603,956,000 609,427,000 612,847,000 619,220,000 626,650,000       696,009,000 703,780,000 707,518,000 712,069,000 722,478,000 728,325,000 729,823,000 716,778,000 709,639,000 672,310,000 1,186,161,000 1,153,943,000       
      customer relationships
    		1,144,759,000 1,162,427,000 1,180,095,000 1,197,763,000 1,215,431,000       1,356,775,000 1,374,443,000 1,392,111,000 1,409,779,000 1,427,447,000 1,445,108,000 1,462,908,000 1,480,514,000 1,498,119,000 1,496,951,000 547,685,000 556,218,000       
      other assets
    		13,348,000 13,567,000 9,542,000 10,011,000 10,886,000       12,667,000 7,222,000 7,991,000 8,641,000 9,610,000 10,578,000 11,433,000 11,931,000 14,460,000 12,734,000 40,194,000 42,923,000       
      total assets
    		5,761,748,000 5,777,451,000 5,774,967,000 5,749,241,000 5,737,618,000       5,544,001,000 5,533,633,000 5,540,742,000 5,546,760,000 5,610,912,000 5,673,504,000 5,715,055,000 5,781,359,000 6,282,878,000 6,445,504,000 6,769,009,000 6,668,427,000 47,705,000 42,258,000 39,408,000 43,090,000 29,759,000  
      ​
    		                             
      liabilities and stockholders' equity
    		                             
      current liabilities:
    		                             
      accounts payable–antero resources
    		4,114,000 5,317,000 3,816,000 11,445,000 4,457,000       4,956,000 3,157,000 4,238,000 2,927,000 3,862,000 2,429,000 2,714,000 1,675,000 3,146,000 4,745,000 5,021,000 3,603,000       
      accounts payable–third party
    		12,308,000 9,718,000 15,058,000 12,954,000 10,499,000       23,592,000 24,944,000 24,785,000 14,898,000 9,495,000 19,920,000 19,822,000 21,662,000 6,645,000 32,569,000 27,003,000 22,871,000       
      accrued liabilities
    		83,555,000 75,565,000 96,202,000 82,044,000 80,630,000       80,838,000 85,576,000 83,620,000 56,598,000 74,947,000 36,535,000 72,284,000 57,139,000 104,188,000 96,944,000 82,077,000 73,448,000      185,000 
      other current liabilities
    		635,000 920,000 893,000 876,000 831,000       4,623,000 5,013,000 5,194,000 5,327,000 5,701,000 2,375,000 3,325,000 3,084,000 3,105,000 493,000 518,000 537,000       
      total current liabilities
    		100,612,000 91,520,000 115,969,000 107,319,000 96,417,000       114,009,000 118,690,000 117,837,000 79,750,000 94,005,000 61,259,000 98,145,000 83,560,000 242,084,000 259,628,000 237,504,000 118,062,000 16,844,000 14,162,000 14,133,000 20,789,000 14,151,000  
      long-term liabilities:
    		                             
      long-term debt
    		3,116,958,000 3,171,664,000 3,186,577,000 3,174,873,000 3,213,216,000       3,122,910,000 3,095,560,000 3,087,734,000 3,103,428,000 3,091,626,000 3,121,817,000 3,088,785,000 3,103,762,000 2,892,249,000 2,657,750,000 2,526,334,000 2,389,992,000       
      deferred income tax liability
    		413,608,000 369,004,000 330,802,000 302,366,000 265,879,000       13,721,000                  
      other
    		15,399,000 15,362,000 14,531,000 14,304,000 10,375,000       6,663,000 6,790,000 6,735,000 6,716,000 6,995,000 4,937,000 4,943,000 5,082,000 5,131,000 1,655,000 2,672,000 2,810,000       
      total liabilities
    		3,646,577,000 3,647,550,000 3,647,879,000 3,598,862,000 3,585,887,000       3,257,303,000 3,221,040,000 3,212,306,000 3,189,894,000 3,192,626,000 3,188,013,000 3,191,873,000 3,192,404,000 3,139,464,000 2,922,474,000 2,796,650,000 2,632,877,000  17,132,000 16,324,000 21,647,000   
      stockholders' equity:
    		                             
      preferred stock, 0.01 par value: 100,000 authorized as of december 31, 2023 and december 31, 2024
    		                             
      series a non-voting perpetual preferred stock; 12 designated and 10 issued and outstanding as of december 31, 2023 and december 31, 2024
    		                             
      common stock
    		4,794,000 4,813,000 4,812,000 4,803,000 4,797,000       4,775,000 4,775,000 4,774,000 4,769,000 4,766,000 4,766,000 4,765,000 4,794,000 4,840,000 5,034,000 5,068,000 5,066,000       
      additional paid-in capital
    		2,019,830,000 2,025,348,000 2,036,239,000 2,041,650,000 2,046,487,000       2,414,398,000 2,518,919,000 2,624,090,000 2,732,748,000 2,877,612,000 3,021,275,000 3,164,474,000 3,318,659,000 3,480,139,000 3,715,002,000 3,874,820,000 4,007,287,000       
      retained earnings
    		90,547,000 99,740,000 86,037,000 103,926,000 100,447,000                         
      total stockholders' equity
    		2,115,171,000 2,129,901,000 2,127,088,000 2,150,379,000 2,151,731,000       2,286,698,000 2,312,593,000 2,328,436,000 2,356,866,000 2,418,286,000 2,485,491,000 2,523,182,000 2,588,955,000           
      total liabilities and stockholders' equity
    		5,761,748,000 5,777,451,000 5,774,967,000 5,749,241,000 5,737,618,000       5,544,001,000 5,533,633,000 5,540,742,000 5,546,760,000 5,610,912,000 5,673,504,000 5,715,055,000 5,781,359,000           
      preferred stock, 0.01 par value: 100,000 authorized as of december 31, 2023 and september 30, 2024
    		                             
      series a non-voting perpetual preferred stock; 12 designated and 10 issued and outstanding as of december 31, 2023 and september 30, 2024
    		                             
      preferred stock, 0.01 par value: 100,000 authorized as of december 31, 2023 and june 30, 2024
    		                             
      series a non-voting perpetual preferred stock; 12 designated and 10 issued and outstanding as of december 31, 2023 and june 30, 2024
    		                             
      preferred stock, 0.01 par value: 100,000 authorized as of december 31, 2023 and march 31, 2024
    		                             
      series a non-voting perpetual preferred stock; 12 designated and 10 issued and outstanding as of december 31, 2023 and march 31, 2024
    		                             
      income tax receivable
    		           940,000 940,000 940,000 940,000 17,251,000 17,547,000 17,547,000 56,457,000           
      preferred stock, 0.01 par value: 100,000 authorized as of december 31, 2022 and 2023
    		                             
      series a non-voting perpetual preferred stock; 12 designated and 10 issued and outstanding as of december 31, 2022 and 2023
    		                             
      cash flows from operating activities:
    		                             
      net income
    		                            -3,582,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                             
      depreciation
    		                             
      accretion of asset retirement obligations
    		                             
      impairment of property and equipment
    		                             
      deferred income tax expense
    		                             
      equity-based compensation
    		                       34,933,000     26,271,000 
      equity in earnings of unconsolidated affiliates
    		                             
      distributions from unconsolidated affiliates
    		                             
      amortization of customer relationships
    		                             
      amortization of deferred financing costs
    		                             
      settlement of asset retirement obligations
    		                             
      loss on settlement of asset retirement obligations
    		                             
      gain on asset sale
    		                             
      changes in assets and liabilities:
    		                             
      net cash from operating activities
    		                            13,527,000 
      cash flows from investing activities:
    		                             
      additions to gathering systems and facilities
    		                             
      additions to water handling systems
    		                             
      return of investment in unconsolidated affiliate
    		                             
      acquisition of gathering systems and facilities
    		                             
      cash received in asset sales
    		                             
      change in other assets
    		                             
      change in other liabilities
    		                             
      net cash from investing activities
    		                             
      cash flows from financing activities:
    		                             
      dividends to common stockholders
    		                             
      dividends to preferred stockholders
    		                             
      payments of deferred financing costs
    		                             
      borrowings (repayments) on bank credit facilities
    		                             
      employee tax withholding for settlement of equity compensation awards
    		                             
      net cash from financing activities
    		                            -20,717,000 
      net increase in cash and cash equivalents
    		                             
      cash and cash equivalents, beginning of period
    		                             
      cash and cash equivalents, end of period
    		                             
      supplemental disclosure of cash flow information:
    		                             
      cash paid during the period for interest
    		                             
      increase in accrued capital expenditures and accounts payable for property and equipment
    		                             
      impairment
    		                             
      loss on early extinguishment of debt
    		                             
      cash received in asset sale
    		                             
      dividends to stockholders
    		                             
      issuance of senior notes
    		                             
      redemption of senior notes
    		                             
      net decrease in cash and cash equivalents
    		                             
      cash received during the period for income taxes
    		                             
      accretion
    		                             
      borrowings on bank credit facilities
    		                             
      deferred income tax asset
    		                             
      preferred stock, 0.01 par value: 100,000 authorized as of december 31, 2020 and 2021
    		                             
      series a non-voting perpetual preferred stock; 12 designated and 10 issued and outstanding as of december 31, 2020 and 2021
    		                             
      accumulated deficit
    		           -132,475,000 -211,101,000 -300,428,000 -380,651,000 -464,092,000 -540,550,000             
      deferred tax asset
    		            14,855,000 46,893,000 75,378,000 103,402,000 125,596,000 160,579,000 192,499,000 103,231,000 35,530,000  3,681,000 1,304,000      
      preferred stock, 0.01 par value: 100,000 authorized as of december 31, 2020 and september 30, 2021
    		                             
      series a non-voting perpetual preferred stock; 12 designated and 10 issued and outstanding as of december 31, 2020 and september 30, 2021
    		                             
      preferred stock, 0.01 par value: 100,000 authorized as of both december 31, 2020 and june 30, 2021
    		                             
      series a non-voting perpetual preferred stock; 12 designated and 10 issued and outstanding as of both december 31, 2020 and june 30, 2021
    		                             
      preferred stock, 0.01 par value: 100,000 authorized as of both december 31, 2020 and march 31, 2021
    		                             
      series a non-voting perpetual preferred stock; 12 designated and 10 issued and outstanding as of both december 31, 2020 and march 31, 2021
    		                             
      goodwill
    		                   575,461,000 902,777,000 1,135,266,000 1,135,266,000       
      contingent acquisition consideration
    		                   125,000,000 122,247,000 120,270,000 117,972,000       
      preferred stock, 0.01 par value: 100,000 authorized as of both december 31, 2019 and 2020
    		                             
      series a non-voting perpetual preferred stock; 12 designated and 10 issued and outstanding as of both december 31, 2019 and 2020
    		                             
      preferred stock, 0.01 par value: 100,000 authorized at december 31, 2019 and september 30, 2020, respectively
    		                             
      series a non-voting perpetual preferred stock; 12 designated and 10 issued and outstanding at both december 31, 2019 and september 30, 2020
    		                             
      preferred stock, 0.01 par value: 100,000 authorized at december 31, 2019 and june 30, 2020, respectively
    		                             
      series a non-voting perpetual preferred stock; 12 designated and 10 issued and outstanding at both december 31, 2019 and june 30, 2020
    		                             
      accumulated loss
    		                 -646,057,000 -734,498,000 -341,565,000          
      liabilities and equity
    		                             
      preferred stock, 0.01 par value: 100,000 authorized at december 31, 2019 and march 31, 2020, respectively
    		                             
      series a non-voting perpetual preferred stock; 12 designated and 10 issued and outstanding at december 31, 2019 and march 31, 2020, respectively
    		                             
      taxes payable
    		                      15,678,000 15,678,000      
      partners' capital and stockholders' equity:
    		                             
      common shareholders—186,219 shares issued and outstanding at december 31, 2018; none issued and outstanding at december 31, 2019
    		                             
      idr llc series b units
    		                       72,830,000 35,289,000 35,196,000 35,104,000 35,474,000  
      preferred stock, 0.01 par value: none authorized or issued at december 31, 2018; 100,000 authorized at december 31, 2019
    		                             
      series a non-voting perpetual preferred stock; none designated, issued or outstanding at december 31, 2018; 12 designated and 10 issued and outstanding at december 31, 2019
    		                             
      total partners' capital and stockholders' equity
    		                   3,143,414,000 3,523,030,000 3,972,359,000 4,035,550,000       
      total liabilities and partners' capital and stockholders' equity
    		                   6,282,878,000 6,445,504,000 6,769,009,000 6,668,427,000       
      asset retirement obligations
    		                    2,630,000 2,615,000 1,925,000       
      common shareholders—186,219 shares issued and outstanding at december 31, 2018; none issued and outstanding at september 30, 2019
    		                             
      preferred stock, 0.01 par value: none authorized or issued at december 31, 2018; 100,000 authorized at september 30, 2019
    		                             
      series a non-voting perpetual preferred stock; none designated, issued or outstanding at december 31, 2018; 12 designated and 10 issued and outstanding at september 30, 2019
    		                             
      accumulated earnings
    		                    -197,006,000 92,471,000 23,197,000       
      deferred tax liability
    		                     26,738,000        
      common shareholders—186,219 shares issued and outstanding at december 31, 2018; none issued and outstanding at june 30, 2019
    		                             
      preferred stock, 0.01 par value: none authorized or issued at december 31, 2018; 100,000 authorized at june 30, 2019
    		                             
      series a non-voting perpetual preferred stock; none designated, issued or outstanding at december 31, 2018; 12 designated and 10 issued and outstanding at june 30, 2019
    		                             
      common shareholders—186,219,438 shares issued and outstanding at december 31, 2018; none issued and outstanding at march 31, 2019
    		                             
      preferred stock, 0.01 par value: none authorized or issued at december 31, 2018; 100,000,000 authorized at march 31, 2019
    		                             
      series a non-voting perpetual preferred stock; none designated, issued or outstanding at december 31, 2018; 12,000 designated and 10,000 issued and outstanding at march 31, 2019
    		                             
      cash
    		                       2,822,000 4,246,000 5,300,000 14,482,000 5,987,000  
      prepaid expenses and other current assets
    		                       87,000      
      investment in antero midstream partners lp
    		                       43,492,000 37,816,000 33,137,000 28,453,000 23,772,000  
      liabilities and partners' capital
    		                             
      accounts payable–affiliate
    		                       731,000      
      accounts payable and accrued liabilities
    		                       435,000 939,000 823,000 843,000 293,000  
      partners' capital:
    		                             
      common shareholders–public
    		                       -41,969,000      
      total partners' capital
    		                       30,861,000 25,126,000 23,084,000 21,443,000 15,608,000  
      total liabilities and partners' capital
    		                       47,705,000 42,258,000 39,408,000 43,090,000 29,759,000  
      equity in earnings of antero midstream partners lp
    		                       69,720,000     -45,948,000 
      total income
    		                       69,720,000      
      general and administrative expense
    		                       6,201,000      
      total operating expenses
    		                       41,134,000      
      operating income
    		                       28,586,000      
      interest expense
    		                             
      income before income taxes
    		                       28,586,000      
      benefit from income taxes
    		                       -26,261,000      
      net income and comprehensive income
    		                       2,325,000      
      net income attributable to vested series b units
    		                       -784,000      
      pre-ipo net income attributed to parent
    		                       4,939,000      
      net income attributable to common shareholders
    		                       6,480,000      
      net income per common share–basic and diluted
    		                       30      
      weighted-average number of common shares outstanding–basic and diluted
    		                       186,176,000      
      prepaid expenses
    		                        56,000 867,000 155,000  -49,000 
      deferred financing costs
    		                        140,000 104,000    
      income taxes payable
    		                        13,223,000 13,310,000 19,946,000 13,858,000 2,226,000 
      non-current liability:
    		                             
      liability for equity-based compensation
    		                        2,970,000 2,191,000 858,000   
      common shareholders - public
    		                        -10,163,000 -12,112,000 -13,661,000 -19,866,000  
      accounts receivable - related party
    		                             
      antero resources midstream management llc members' equity
    		                             
      adjustment to reconcile net income to net cash from operating activities:
    		                             
      distributions received from antero midstream partners lp
    		                            34,424,000 
      deferred income taxes
    		                             
      changes in current assets and liabilities:
    		                             
      accounts payable
    		                             
      cash flows used in investing activities
    		                             
      cash flows used in financing activities
    		                             
      distributions to antero resources investment llc
    		                            -15,691,000 
      distributions to shareholders
    		                            -5,026,000 
      net increase in cash
    		                            -7,190,000 
      cash, beginning of period
    		                            9,609,000 
      cash, end of period
    		                            2,419,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.