Antero Resources (AR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Antero Resources reported $1.3 billion in revenue for Q2 2025, a 32.6% year-over-year increase, with an EPS of $0.35 compared to -$0.19 a year ago, indicating significant improvement in financial performance [1] - The revenue exceeded the Zacks Consensus Estimate of $1.26 billion by 3.38%, while the EPS fell short of the consensus estimate of $0.48 by 27.08% [1] Financial Performance Metrics - Average Net Production per day for Natural Gas was 2,230 million cubic feet, slightly above the estimated 2,210.91 million cubic feet [4] - Average Net Production per day for Oil was 7,385 BBL/D, significantly below the estimated 10,082.96 BBL/D [4] - Combined Natural Gas Equivalent production averaged 3,430 MMcfe/D, close to the estimated 3,442.80 MMcfe/D [4] - Natural gas production was reported at 203 Bcf, exceeding the estimated 201.69 Bcf [4] - Average realized price for Oil was $50.15, lower than the estimated $51.68 [4] - Average realized price for Natural Gas was $3.36 per thousand cubic feet, slightly below the estimated $3.42 [4] - Oil production was reported at 672 MBBL, significantly lower than the estimated 920.37 MBBL [4] - Combined production was 312 Bcfe, slightly below the estimated 313.63 Bcfe [4] Revenue Breakdown - Natural gas sales revenue was $688.75 million, surpassing the estimated $679.51 million, reflecting an 83.9% year-over-year increase [4] - Natural gas liquids sales revenue was $480.76 million, slightly below the estimated $485.49 million, showing a 1.7% decrease year-over-year [4] - Oil sales revenue was $33.7 million, significantly below the estimated $46.05 million, representing a 46.9% year-over-year decline [4] - Marketing revenue was reported at $33.74 million, also below the estimated $57.43 million [4] Stock Performance - Antero Resources' shares have returned -10.4% over the past month, contrasting with the Zacks S&P 500 composite's +3.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]