Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 1615 Wynkoop Street, Denver, Colorado (Address of principal executive offices) 80-0162034 (IRS Employer Identification No.) 80202 (Zip Code) (303) 357-7310 (Registrant's telephone number, ...

Financial Data and Key Metrics Changes - Antero Resources reported a reduction in drilling and completion capital budget to $650 million for 2024, a 28% decrease from 2023 while maintaining production levels [9][28] - The company achieved a free cash flow breakeven level of approximately $2.20, benefiting from low maintenance capital requirements and high exposure to liquids [23][24] - Total capital budget is expected to decrease by over $300 million in 2024 compared to the previous year while maintaining production [28] Business Line Data and Key Metrics Changes - The company set a new quarterly record for completion stages, averaging 12.1 stages per day, a 51% increase compared to 2022 [7][8] - Total well costs have decreased by 8% since last year, reaching the lowest level since 2021 [8] - Antero's maintenance capital per Mcfe is $0.52, which is 41% below the peer average of $0.88 [26] Market Data and Key Metrics Changes - U.S. propane demand exceeded 3 million barrels a day recently, driven by seasonal crop drying and heating demand [16] - Antero realized an average propane export premium of $0.22 per gallon in Q3, up from $0.08 to $0.09 per gallon at the start of the year [17] - Natural gas power burn demand is averaging 1.4 Bcf higher than last year, with expectations for continued growth driven by AI data centers and electric vehicles [19][20] Company Strategy and Industry Competition - Antero plans to continue focusing on improving operational efficiencies and has switched to an e-fleet for completion activities, potentially saving $150,000 to $200,000 per well [10] - The company is well-positioned to benefit from robust export premiums due to its unconstrained access at the Marcus Hook terminal [18] - Antero's firm transportation portfolio delivers 75% of its natural gas to the LNG corridor, providing direct exposure to growing LNG demand [21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to maintain production levels while deferring completions based on natural gas prices [27][44] - The company anticipates that low rig counts and increased demand will support a tightening of inventories and lead to higher prices in 2025 and beyond [22] - Management highlighted the importance of maintaining a flexible capital program to adapt to market conditions [26] Other Important Information - Antero has built two DUC pads with 12 wells that are not being completed this year, with completion timing dependent on natural gas prices [31] - The company plans to use the first $600 million of free cash flow to reduce debt before considering buybacks [33] Q&A Session Summary Question: Guidance on DUCs and future completions - Management confirmed they have two DUC pads with 12 wells that are not being completed this year, with future completions dependent on natural gas prices [31][32] Question: Buyback strategy and free cash flow - The first $600 million of free cash flow will be used to reduce debt, with buybacks considered afterward [33] Question: Northeast LPG export advantage and premium sustainability - Management expects strong premiums to continue until new export capacity comes online in mid to late 2025 [35][36] Question: Conditions for completing DUCs - Completion of DUCs will depend on achieving a natural gas price of $2.50 or higher [39][40] Question: Maintenance capital and production levels - Maintenance capital is expected to be around $700 million to maintain production levels of 3.3 to 3.4 Bcfe per day [44][59] Question: Hedging strategy and future pricing - Management is monitoring the market for potential hedging opportunities but remains unhedged for now [51] Question: Impact of efficiencies on 2025 budget - The 2025 budget includes efficiencies and is expected to be lower due to improved operational performance [55]

Exhibit 99.1 1 Antero Resources Announces Third Quarter 2024 Financial and Operating Results Denver, Colorado, October 30, 2024—Antero Resources Corporation (NYSE: AR) ("Antero Resources," "Antero," or the "Company") today announced its third quarter 2024 financial and operating results. The relevant unaudited condensed consolidated financial statements are included in Antero Resources' Quarterly Report on Form 10-Q for the quarter ended September 30, 2024. Third Quarter 2024 Highlights: · Net production av ...

Table of Contents Title of each class Trading S ( ) Name of each exchange on which i Common Stock, par value $0.01 AR New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commissio ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-----------------------------|-------|-------|-------|------------------------------------------------|-------------|--------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Second Quarter 2024 Earnings Call Presentation | | | | | | Antero Resources (NYSE: AR) | | | | | August 1 st | , 2024 | Legal Disclaimer This presentation includes "forward-looking statements." Such forward-looking sta ...

Exhibit 99.1 Antero Resources Announces Second Quarter 2024 Financial and Operating Results Denver, Colorado, July 31, 2024—Antero Resources Corporation (NYSE: AR) ("Antero Resources," "Antero," or the "Company") today announced its second quarter 2024 financial and operating results. The relevant unaudited condensed consolidated financial statements are included in Antero Resources' Quarterly Report on Form 10-Q for the quarter ended June 30, 2024. Second Quarter 2024 Highlights: · Net production averaged ...

Table of Contents Title of each class Trading S ( ) Name of each exchange on which i Common Stock, par value $0.01 AR New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission fil ...

Antero Resources Corporation (NYSE:AR) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants Brendan Krueger - VP, Finance & Treasurer Paul Rady - Co-Founder, President, Chairman & CEO David Cannelongo - SVP, Liquids Marketing & Transportation Justin Fowler - SVP, Gas Marketing & Transportation Michael Kennedy - SVP, Finance & CFO Conference Call Participants Arun Jayaram - JPMorgan Chase & Co. Subhasish Chandra - The Benchmark Company Bertrand Donnes - Truist Securities Betty Jia ...

Exhibit 99.1 Antero Resources Announces First Quarter 2024 Financial and Operating Results Denver, Colorado, April 24, 2024—Antero Resources Corporation (NYSE: AR) ("Antero Resources," "Antero," or the "Company") today announced its first quarter 2024 financial and operating results. The relevant consolidated financial statements are included in Antero Resources' Quarterly Report on Form 10-Q for the quarter ended March 31, 2024. First Quarter 2024 Highlights: · Net production averaged 3.4 Bcfe/d, an increa ...

Table of Contents Title of each class Trading S ( ) Name of each exchange on which i Common Stock, par value $0.01 AR New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission fi ...