7Baggers
Quarterly
Annual
    Unit: USD2021-06-30 2020-09-30 2020-06-30 2019-12-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-09-30 
      
    		                         
      assets
    		                         
      current assets:
    		                         
      cash and cash equivalents
    		4,541,000      50,608,000 23,153,000 28,441,000 23,694,000 40,190,000  31,610,000 18,512,000 28,251,000 39,870,000 23,473,000 27,410,000 143,286,000 185,491,000 245,979,000 6,308,000 19,273,000 12,580,000 11,584,000 
      accounts receivable
    		36,145,000    51,073,000 46,604,000 35,676,000 26,692,000 34,896,000 43,854,000 16,494,000 36,874,000 29,682,000 59,462,000 71,606,000 78,753,000 79,404,000 60,904,000 79,190,000 118,410,000 116,203,000    33,023,000 
      accrued revenue
    		493,740,000    474,827,000 354,010,000 321,214,000 279,923,000 300,122,000 233,585,000 218,621,000 220,059,000 261,960,000 196,490,000 133,479,000 136,446,000 128,242,000 115,793,000 125,467,000 165,904,000 191,558,000 144,014,000 139,553,000 145,675,000 86,122,000 
      derivative instruments
    		1,056,000    245,263,000 493,354,000 420,842,000 459,892,000 460,685,000 299,796,000 452,005,000 237,086,000 73,022,000 417,605,000 429,920,000 975,199,000 1,009,030,000 834,482,000 664,417,000 713,966,000 692,554,000 280,959,000 175,286,000 130,679,000 204,857,000 
      other current assets
    		14,958,000    35,450,000 12,664,000 6,590,000 10,374,000 8,943,000 10,024,000 8,573,000 9,679,000 6,313,000 3,402,000 6,528,000 8,072,000 8,087,000 1,739,000 4,819,000 4,259,000      
      total current assets
    		550,440,000    806,613,000 906,632,000 834,930,000 800,034,000 833,087,000 610,953,000 735,883,000 503,698,000 402,587,000 695,471,000 669,784,000 1,238,340,000 1,248,236,000 1,040,328,000 1,017,179,000 1,188,030,000 1,252,160,000 502,703,000 387,228,000 321,922,000 359,513,000 
      property and equipment:
    		                         
      oil and gas properties, at cost
    		                         
      unproved properties
    		1,076,562,000    1,767,600,000 1,928,990,000 2,108,109,000 2,265,727,000 2,266,673,000 2,305,749,000 2,309,839,000 2,330,010,000 2,331,173,000 2,449,995,000 1,984,515,000 1,994,377,000 1,996,081,000 2,072,475,000 2,080,491,000 2,053,669,000 2,060,936,000 1,915,683,000 1,677,642,000 1,543,118,000 1,420,719,000 
      proved properties
    		12,479,785,000    12,705,672,000 12,306,198,000 11,924,864,000 11,471,428,000 11,096,462,000 10,779,043,000 10,493,932,000 9,942,450,000 9,549,671,000 9,180,705,000 8,794,515,000 8,531,113,000 8,211,106,000 7,805,203,000 7,462,080,000 7,013,366,000 6,515,221,000 5,605,619,000 4,881,002,000 4,191,186,000 3,199,830,000 
      gathering systems and facilities
    		5,802,000    2,470,708,000 2,384,041,000 2,255,385,000 2,132,803,000 2,050,490,000 1,977,510,000 1,884,712,000 1,785,669,000 1,723,768,000 1,656,676,000 1,596,460,000 1,543,766,000 1,502,396,000 1,448,404,000 1,341,661,000 1,270,635,000 1,197,239,000 1,064,855,000 873,308,000  455,818,000 
      other property and equipment
    		77,231,000    65,842,000 62,739,000 60,766,000 59,499,000 57,429,000 54,571,000 48,537,000 42,290,000 41,231,000 45,571,000 44,919,000 46,741,000 46,415,000 45,494,000 42,842,000 41,136,000 37,687,000 32,593,000 34,019,000 26,731,000 12,741,000 
      ​
    		13,639,380,000                         
      less accumulated depletion, depreciation, and amortization
    		-4,095,539,000    -4,153,725,000 -3,890,834,000 -3,647,910,000 -3,410,098,000 -3,182,171,000 -2,973,544,000 -2,767,358,000 -2,566,359,000 -2,363,778,000 -2,176,793,000 -1,977,790,000 -1,780,526,000 -1,589,372,000 -1,427,656,000 -1,238,989,000 -1,061,943,000 -879,643,000 -722,731,000    
      property and equipment
    		9,543,841,000    13,869,915,000 13,784,419,000 13,681,151,000 13,493,748,000 13,235,553,000 13,035,198,000 12,809,845,000 12,305,299,000 12,026,747,000 11,837,216,000 11,097,870,000 10,917,802,000 10,732,242,000 10,461,433,000 10,129,777,000 9,750,495,000 9,352,452,000 8,286,985,000 7,211,793,000 6,266,227,000 4,757,115,000 
      operating leases right-of-use assets
    		2,486,044,000                         
      investment in unconsolidated affiliate
    		237,668,000                         
      other assets
    		10,944,000    47,125,000 45,823,000 52,104,000 47,037,000 48,291,000 38,928,000 36,631,000 37,804,000 95,153,000 81,476,000 117,219,000 34,337,000 66,296,000 67,485,000 80,133,000 90,126,000 68,886,000 67,983,000 91,933,000 45,426,000 51,914,000 
      total assets
    		12,848,333,000    15,519,464,000 15,802,535,000 15,690,607,000 15,422,849,000 15,261,490,000 14,849,214,000 15,442,221,000 14,888,654,000 14,255,550,000 14,629,253,000 13,558,780,000 14,288,712,000 14,155,224,000 13,577,074,000 12,532,481,000 12,481,951,000 11,573,495,000 9,315,880,000 8,045,208,000 7,134,457,000 5,672,208,000 
      liabilities and equity
    		                         
      current liabilities:
    		                         
      accounts payable
    		39,612,000    66,289,000 91,940,000 96,477,000 73,221,000 62,982,000 47,457,000 51,567,000 37,706,000 38,627,000 172,293,000 211,106,000 250,797,000 364,160,000 337,493,000 326,638,000 352,477,000 531,564,000 598,538,000 500,774,000 428,938,000 311,092,000 
      accounts payable, related parties
    		85,471,000                         
      accrued liabilities
    		433,050,000    465,070,000 457,216,000 438,829,000 422,617,000 443,225,000 429,696,000 418,352,000 416,588,000 393,803,000 245,174,000 201,320,000 241,676,000 194,076,000 202,186,000 183,319,000 235,069,000 168,614,000 178,840,000 116,037,000 125,102,000  
      revenue distributions payable
    		267,926,000    310,827,000 245,832,000 211,234,000 237,907,000 209,617,000 220,971,000 203,151,000 198,775,000 163,989,000 172,202,000 135,054,000 132,918,000 129,949,000 161,513,000 190,881,000 183,455,000 182,352,000 169,446,000 154,092,000 136,563,000 68,926,000 
      short-term lease liabilities
    		269,611,000                         
      deferred revenue, vpp
    		41,453,000                         
      other current liabilities
    		11,980,000    10,822,000 8,427,000 11,532,000 14,201,000 17,796,000 15,267,000 16,711,000 16,090,000 17,334,000 19,125,000 19,226,000 19,693,000 19,085,000 9,211,000 14,248,000 13,170,000      
      total current liabilities
    		1,883,097,000    853,540,000 813,871,000 788,733,000 789,853,000 762,096,000 717,676,000 693,060,000 723,436,000 817,388,000 611,904,000 569,432,000 645,084,000 707,270,000 1,025,769,000 966,183,000 1,053,993,000 1,155,105,000 1,064,036,000 860,714,000 760,806,000 586,885,000 
      long-term liabilities:
    		                         
      long-term debt
    		2,415,163,000    5,461,688,000 5,487,004,000 5,288,344,000 4,876,706,000 4,800,090,000 4,510,521,000 5,291,973,000 4,775,302,000 4,703,973,000 4,759,904,000 4,244,014,000 4,702,809,000 4,708,513,000 4,406,777,000 4,500,038,000 4,172,295,000 4,362,550,000 4,137,866,000 3,370,636,000 2,535,819,000 2,970,455,000 
      deferred income tax liability
    		214,292,000    650,788,000 782,145,000 763,192,000 788,765,000 779,645,000 1,180,564,000 1,100,382,000 1,081,563,000 950,217,000 1,215,240,000 1,063,331,000 1,439,825,000 1,370,686,000 315,366,000 251,097,000 269,822,000 260,373,000 106,721,000 71,104,000 43,182,000 78,199,000 
      long-term lease liabilities
    		2,217,336,000                         
      other liabilities
    		58,184,000    65,971,000 48,363,000 47,427,000 46,427,000 43,316,000 52,764,000 53,772,000 54,299,000 55,160,000 61,883,000 75,925,000 80,275,000 82,077,000 55,965,000 49,215,000 49,076,000      
      total liabilities
    		7,129,919,000    7,031,987,000 7,131,383,000 6,887,696,000 6,501,751,000 6,385,354,000 6,461,952,000 7,139,359,000 6,634,702,000 6,526,972,000 6,648,971,000 5,957,881,000 6,868,368,000 6,868,546,000 6,466,650,000 6,223,035,000 6,047,676,000 6,099,665,000 5,564,458,000 4,521,981,000 3,601,419,000 3,794,381,000 
      commitments and contingencies
    		                         
      equity:
    		                         
      stockholders' equity:
    		                         
      preferred stock, 0.01 par value; authorized - 50,000 shares; none issued
    		                         
      common stock
    		3,135,000    3,086,000 3,171,000 3,171,000 3,165,000 3,164,000 3,155,000 3,154,000 3,150,000 3,149,000 3,072,000 3,042,000 2,771,000 2,770,000 2,770,000 2,770,000 2,768,000 2,621,000 2,621,000 2,620,000 2,620,000  
      additional paid-in capital
    		6,363,774,000    6,485,174,000 6,611,348,000 6,597,537,000 6,588,082,000 6,570,952,000 6,564,320,000 6,435,047,000 6,407,158,000 5,299,481,000 5,131,909,000 5,022,848,000 4,251,755,000 4,122,811,000 4,122,747,000 4,099,718,000 4,078,068,000 3,513,725,000 3,488,076,000 3,463,791,000 3,431,317,000  
      accumulated deficit
    		-969,444,000                         
      total stockholders' equity
    		5,397,465,000    7,665,808,000 7,913,613,000 8,054,221,000 8,181,145,000 8,149,181,000 7,655,671,000 7,661,460,000 7,638,699,000 6,262,625,000 6,580,748,000 6,233,402,000 6,058,282,000 5,934,392,000 5,775,864,000 5,218,993,000 5,342,714,000 4,383,793,000 3,751,422,000    
      noncontrolling interests
    		320,949,000                         
      total equity
    		5,718,414,000    8,487,477,000 8,671,152,000 8,802,911,000 8,921,098,000 8,876,136,000 8,387,262,000 8,302,862,000 8,253,952,000 7,728,578,000 7,980,282,000 7,600,899,000 7,420,344,000 7,286,678,000 7,110,424,000 6,309,446,000 6,434,275,000 5,473,830,000    1,877,827,000 
      total liabilities and equity
    		12,848,333,000    15,519,464,000 15,802,535,000 15,690,607,000 15,422,849,000 15,261,490,000 14,849,214,000 15,442,221,000 14,888,654,000 14,255,550,000 14,629,253,000 13,558,780,000 14,288,712,000 14,155,224,000 13,577,074,000 12,532,481,000 12,481,951,000 11,573,495,000   7,134,457,000 5,672,208,000 
      cash flows from operating activities:
    		                         
      net income including noncontrolling interests
    		                         
      adjustments to reconcile net income to net cash from operating activities:
    		                         
      depletion, depreciation, amortization, and accretion
    		                         
      impairment of oil and gas properties
    		                         
      impairment of midstream assets
    		                         
      commodity derivative fair value (gains) losses
    		                         
      gains on settled commodity derivatives
    		                         
      proceeds from derivative monetizations
    		                         
      loss on sale of assets
    		                         
      equity-based compensation expense
    		                         
      deferred income tax benefit
    		                         
      gain on early extinguishment of debt
    		                         
      equity in loss of unconsolidated affiliates
    		                         
      impairment of equity investment
    		                         
      gain on deconsolidation of antero midstream partners lp
    		                         
      distributions/dividends of earnings from unconsolidated affiliates
    		                         
      amortization of deferred revenue
    		                         
      amortization of debt issuance costs, debt discount debt premium and other
    		                         
      changes in current assets and liabilities:
    		                         
      accounts payable including related parties
    		                         
      net cash from operating activities
    		                         
      cash flows from investing activities:
    		                         
      additions to unproved properties
    		                         
      drilling and completion costs
    		                         
      additions to water handling and treatment systems
    		                         
      additions to gathering systems and facilities
    		                         
      additions to other property and equipment
    		                         
      settlement of water earnout
    		                         
      investments in unconsolidated affiliates
    		    433,642,000 392,893,000 358,830,000 321,468,000 303,302,000 287,842,000 259,697,000 230,418,000              
      proceeds from the antero midstream partners lp transactions
    		                         
      proceeds from asset sales
    		                         
      proceeds from vpp sale
    		                         
      change in other assets
    		                         
      net cash from investing activities
    		                         
      cash flows from financing activities:
    		                         
      repurchases of common stock
    		                         
      issuance of senior notes
    		                         
      issuance of convertible notes
    		                         
      repayment of senior notes
    		                         
      borrowings (repayments) on bank credit facilities
    		                         
      payments of deferred financing costs
    		                         
      sale of noncontrolling interest
    		                         
      distributions to noncontrolling interests in antero midstream partners lp
    		                         
      distributions to noncontrolling interests in martica holdings llc
    		                         
      employee tax withholding for settlement of equity compensation awards
    		                         
      other
    		                    5,866,000 4,667,000 5,695,000 4,405,000 20,816,000 
      net cash from financing activities
    		                         
      effect of deconsolidation of antero midstream partners lp
    		                         
      net decrease 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
    		                         
      decrease in accounts payable and accrued liabilities for additions to property and equipment
    		                         
      commodity derivative fair value gains
    		                        161,968,000 
      equity in (earnings) loss of unconsolidated affiliates
    		                         
      impairments
    		                         
      commodity derivative fair value losses
    		                         
      premium paid on derivative contract
    		                         
      gains on settled marketing derivatives
    		                         
      marketing derivative fair value gains
    		                         
      loss on the sale of equity method investment shares
    		                         
      water earnout
    		                         
      amortization of debt issuance costs, debt discount, debt premium and other
    		                         
      proceeds from sale of common stock of antero midstream corporation
    		                         
      issuance of senior notes by antero midstream partners lp
    		                         
      payment of debt issuance costs
    		                         
      natural gas properties, at cost
    		                         
      water handling and treatment systems
    		    1,013,818,000 993,285,000 979,937,000 974,389,000 946,670,000 891,869,000 840,183,000 771,239,000 744,682,000 681,062,000 655,251,000 582,331,000 565,616,000         
      accumulated earnings
    		    1,177,548,000 1,299,094,000 1,453,513,000 1,589,898,000 1,575,065,000 1,088,196,000 1,223,259,000 1,228,391,000 959,995,000 1,445,767,000 1,207,512,000 1,803,756,000 1,808,811,000 1,650,347,000 1,116,505,000 1,261,878,000 867,447,000 260,725,000 56,816,000 99,101,000 416,880,000 
      noncontrolling interests in consolidated subsidiary
    		    821,669,000 757,539,000 748,690,000 739,953,000 726,955,000 731,591,000 641,402,000               
      noncontrolling interest in consolidated subsidiary
    		           615,253,000 1,465,953,000 1,399,534,000 1,367,497,000 1,362,062,000 1,352,286,000 1,334,560,000 1,090,453,000 1,091,561,000 1,090,037,000     
      preferred stock, 0.01 par value; authorized - 50,000,000 shares; none issued
    		                         
      water handling systems
    		                 517,513,000        
      fresh water distribution systems
    		                  441,692,000 433,632,000 421,012,000 390,966,000 346,851,000 290,132,000  
      contingencies
    		                         
      other long-term liabilities
    		                    47,587,000 44,147,000 41,650,000 40,867,000 34,333,000 
      accounts receivable – trade, net of allowance for doubtful accounts of 1,251 in 2013 and 2014
    		                     66,755,000    
      liabilities and stockholders' equity
    		                     2,014,000    
      total liabilities and stockholders' equity
    		                     9,315,880,000    
      accounts receivable — trade, net of allowance for doubtful accounts of 1,251 in 2013 and 2014
    		                      46,532,000   
      notes receivable - short-term portion
    		                      889,000 1,333,000  
      stockholders’ equity:
    		                         
      total stockholders’ equity
    		                      3,523,227,000 3,533,038,000  
      total liabilities and stockholders’ equity
    		                      8,045,208,000   
      accounts receivable — trade, net of allowance for doubtful
    		                         
      accounts of 1,251 in 2013 and 2014
    		                       27,250,000  
      gathering and compression systems
    		                       713,485,000  
      notes receivable — current portion
    		                        3,111,000 
      oil and natural gas properties, at cost
    		                         
      notes receivable — long-term portion
    		                         
      accrued liabilities and other
    		                        103,359,000 
      current portion of long-term debt
    		                        25,000,000 
      members’ equity
    		                        1,460,947,000 
      revenue:
    		                         
      natural gas sales
    		                        182,125,000 
      natural gas liquids sales
    		                        31,956,000 
      oil sales
    		                        8,473,000 
      total revenue
    		                        384,522,000 
      operating expenses:
    		                         
      lease operating
    		                        2,697,000 
      gathering, compression, processing, and transportation
    		                        58,383,000 
      production taxes
    		                        11,851,000 
      exploration
    		                        5,372,000 
      impairment of unproved properties
    		                        3,205,000 
      depletion, depreciation, and amortization
    		                        65,697,000 
      accretion of asset retirement obligations
    		                        266,000 
      general and administrative
    		                        14,443,000 
      total operating expenses
    		                        161,914,000 
      operating income
    		                        222,608,000 
      interest expense
    		                         
      income from continuing operations before income taxes and discontinued operations
    		                        185,164,000 
      income tax benefit
    		                         
      income from continuing operations
    		                        117,794,000 
      discontinued operations:
    		                         
      income from results of operations and sale of discontinued operations
    		                        3,100,000 
      net income and comprehensive income attributable to antero equity owners
    		                        120,894,000 
      pro forma information:
    		                         
      pro forma earnings per share - basic:
    		                         
      continuing operations
    		                         
      discontinued operations
    		                         
      net income
    		                         
      pro forma earnings per share - diluted:
    		                         
      pro forma weighted-average number of shares outstanding:
    		                         
      basic
    		                        262,050,000 
      diluted
    		                        262,050,000 
    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.