HighGravityDataCurrent guidance
55 items
Antero Resources
Guidance from Antero Resources’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Releases tracked
8
Latest release
Jul 29, 2026
Data checked
Jul 29, 2026
What changed in the Jul 29, 2026 release
Each item compared with the same item in the previous release (Apr 29, 2026). Values in quotation marks are the company’s words.
New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| New | EBITDAX margin improvement from cost reduction initiative | for FY2028 | — | “$0.35 per Mcfe” | Filing ↗ |
| New | Cash cost reduction initiative target | for FY2028 | — | “$0.70 per Mcfe from 2025 levels, or 25% in total by year-end 2028” | Filing ↗ |
| New | Per Mcfe margin uplift | for Q3 FY2026 | — | “$0.04” | Filing ↗ |
| New | C2 NGL Realized Price Premium to Mont Belvieu ($/Bbl) | for FY2026 | — | “$2.50 to $3.00” | Filing ↗ |
| New | Forecasted curtailments | for Q3 FY2026 | — | “5 Bcfe of curtailments” | Filing ↗ |
| New | Increase in annualized cash flow to Antero | for Q3 FY2026 | — | “$60 million” | Filing ↗ |
| New | Martica override reversion cash flow increase | for Q3 FY2026 | — | “$60 million increase in annualized cash flow to Antero, or a $0.04 per Mcfe margin uplift” | Filing ↗ |
| New | Natural Gas Realized Price Premium vs. NYMEX Henry Hub ($/Mcf) | for FY2026 | — | “$0.05 to $0.15” | Filing ↗ |
| New | Net Daily Natural Gas Equivalent Production | for FY2026 | — | “4.15 to 4.2 Bcfe/d” | Filing ↗ |
| New | Production | for FY2026 | — | “4.15 to 4.2 Bcfe/d” | Filing ↗ |
| New | Production | for Q4 FY2026 | — | “4.4 to 4.5 Bcfe/d” | Filing ↗ |
| New | Production forecast | for Q3 FY2026 | — | “4.25 to 4.3 Bcfe/d” | Filing ↗ |
| New | Production forecast | for Q4 FY2026 | — | “4.4 to 4.5 Bcfe/d” | Filing ↗ |
| New | C2 NGL Realized Price Premium to Mont Belvieu ($/Bbl) | No period stated | — | “$2.50” | Filing ↗ |
| New | Cash Production Expense ($/Mcfe) | No period stated | — | “$2.20” | Filing ↗ |
| Lowered | Natural Gas Realized Price Premium vs. NYMEX Henry Hub ($/Mcf) | No period stated | “$0.10” | “$0.05” | Filing ↗ |
| Raised | Net Daily Natural Gas Equivalent Production (Bcfe/d) | No period stated | “3.35” | “4.15” | Filing ↗ |
| New | Net production exit rate | No period stated | — | “over 25% higher than the prior year” | Filing ↗ |
| Reiterated | Cash production expense | for FY2026 | “$2.20 to $2.30 per Mcfe” | “$2.20 to $2.30 per Mcfe” | Filing ↗ |
Show 35 items not restated in this release
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| Not restated | Average Lateral Length (Feet) | for FY2026 | “14,600” | — | Filing ↗ |
| Not restated | Capital associated with not entering into a drilling joint venture | for FY2026 | “$100 million” | — | Filing ↗ |
| Not restated | Cash Production Expense ($/Mcfe) - 2026 Revised | for FY2026 | “$ 2.25” – “$ 2.35” | — | Filing ↗ |
| Not restated | Cash Production Expense ($/Mcfe) (1) | for FY2026 | “$2.45” | — | Filing ↗ |
| Not restated | Completion Crews | for FY2026 | “2” | — | Filing ↗ |
| Not restated | D&C Capital Budget | for FY2026 | “$1 billion” | — | Filing ↗ |
| Not restated | Drilling & Completion Discretionary Growth Capital | for FY2026 | “Up to $200” | — | Filing ↗ |
| Not restated | Drilling & Completion Maintenance Capital | for FY2026 | “$900” | — | Filing ↗ |
| Not restated | Drilling & Completion No Drilling JV Capital | for FY2026 | “$100” | — | Filing ↗ |
| Not restated | Drilling Rigs | for FY2026 | “3” | — | Filing ↗ |
| Not restated | Land Capital | for FY2026 | “$100 million” | — | Filing ↗ |
| Not restated | Lean gas natural gas collars floor/ceiling | for FY2026 | “a floor price of $3.07 per MMBtu with a ceiling of $5.96 per MMBtu” | — | Filing ↗ |
| Not restated | Leverage | for FY2026 | “under 1.0x” | — | Filing ↗ |
| Not restated | Net Daily Ethane Production (MBbl/d) | for FY2026 | “80” | — | Filing ↗ |
| Not restated | Net Daily Natural Gas Production (Bcf/d) | for FY2026 | “2.8” | — | Filing ↗ |
| Not restated | Net Daily Oil Production (MBbl/d) | for FY2026 | “8” | — | Filing ↗ |
| Not restated | Net production increase | for FY2026 | “approximately 700 MMcfe/d” | — | Filing ↗ |
| Not restated | NYMEX Henry Hub Collars - Ceiling Price ($/MMBtu) | for FY2026 | “$5.96” | — | Filing ↗ |
| Not restated | NYMEX Henry Hub Collars - Floor Price ($/MMBtu) | for FY2026 | “$3.07” | — | Filing ↗ |
| Not restated | NYMEX Henry Hub Collars - Natural Gas MMBtu/d | for FY2026 | “320,000” | — | Filing ↗ |
| Not restated | Total Net Daily Liquids Production (MBbl/d) | for FY2026 | “213” | — | Filing ↗ |
| Not restated | C3+ NGL Realized Price Premium vs. Mont Belvieu ($/Bbl) | No period stated | “$1.50” | — | Filing ↗ |
| Not restated | Cash Production Expense ($/Mcfe) (1) | No period stated | “$2.35” | — | Filing ↗ |
| Not restated | Completed Wells (Net) | No period stated | “14,600” | — | Filing ↗ |
| Not restated | Drilled Wells (Net) | No period stated | “13,100” | — | Filing ↗ |
| Not restated | Drilling & Completion | No period stated | “$650” | — | Filing ↗ |
| Not restated | Future development capital for proved undeveloped reserves | No period stated | “$2.3 billion” | — | Filing ↗ |
| Not restated | Land | No period stated | “$100” | — | Filing ↗ |
| Not restated | Maintenance production level | No period stated | “3.3 to 3.4 Bcfe/d” | — | Filing ↗ |
| Not restated | Net Daily C3+ NGL Production (MBbl/d) | No period stated | “113” | — | Filing ↗ |
| Not restated | Net Daily Ethane Production (MBbl/d) | No period stated | “76” | — | Filing ↗ |
| Not restated | Net Daily Natural Gas Production (Bcf/d) | No period stated | “2.16” | — | Filing ↗ |
| Not restated | Oil Realized Price Differential vs. WTI Oil ($/Bbl) | No period stated | “$(12.00)” | — | Filing ↗ |
| Not restated | Total E&P Capital | No period stated | “$725” | — | Filing ↗ |
| Not restated | Total Net Daily Liquids Production (MBbl/d) | No period stated | “198” | — | Filing ↗ |
Current guidance
Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.
Current fiscal year
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Per Mcfe margin uplift | “$0.04” | for Q3 FY2026 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| Annual production growth | “approximately 20%” | for FY2026 | Company-defined | Apr 29, 2026 | 1 | Filing ↗ |
| Annual production growth (year-over-year) | “approximately 20%” | for FY2026 | Company-defined | Apr 29, 2026 | 1 | Filing ↗ |
| Average Lateral Length (Feet) | “14,600” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| C2 NGL Realized Price Premium to Mont Belvieu ($/Bbl) | “$2.50 to $3.00” | for FY2026 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| Capital associated with not entering into a drilling joint venture | “$100 million” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Cash production expense | “$2.20 to $2.30 per Mcfe” | for FY2026 | Company-defined | Apr 29, 2026 | 2 | Filing ↗ |
| Cash Production Expense ($/Mcfe) - 2026 Revised | “$ 2.25” – “$ 2.35” | for FY2026 | Company-defined | Apr 29, 2026 | 1 | Filing ↗ |
| Cash Production Expense ($/Mcfe) (1) | “$2.45” | for FY2026 | Company-defined | Apr 29, 2026 | 1 | Filing ↗ |
| Completed Wells (Net) | “70 to 80” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Completion Crews | “2” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| D&C Capital Budget | “$1 billion” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Drilling & Completion Discretionary Growth Capital | “Up to $200” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Drilling & Completion Maintenance Capital | “$900” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Drilling & Completion No Drilling JV Capital | “$100” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Drilling Rigs | “3” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Ethane realized price premium to Mont Belvieu | “$2.00 to $3.00 per barrel” | for FY2026 | Company-defined | Apr 29, 2026 | 1 | Filing ↗ |
| Ethane Realized Price Premium vs. Mont Belvieu ($/Bbl) | “$1.00” | for FY2026 | Company-defined | Apr 29, 2026 | 1 | Filing ↗ |
| Ethane Realized Price Premium vs. Mont Belvieu ($/Bbl) - 2026 Revised | “$ 2.00” – “$ 3.00” | for FY2026 | Company-defined | Apr 29, 2026 | 1 | Filing ↗ |
| Forecasted curtailments | “5 Bcfe of curtailments” | for Q3 FY2026 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| H2 2026 Production | “expected to average approximately 4.2 Bcfe/d” | for H2 FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Increase in annualized cash flow to Antero | “$60 million” | for Q3 FY2026 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| Land Capital | “$100 million” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Lean gas natural gas collars floor/ceiling | “a floor price of $3.07 per MMBtu with a ceiling of $5.96 per MMBtu” | for FY2026 | Company-defined | Apr 30, 2025 | 1 | Filing ↗ |
| Leverage | “under 1.0x” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Martica override reversion cash flow increase | “$60 million increase in annualized cash flow to Antero, or a $0.04 per Mcfe margin uplift” | for Q3 FY2026 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| Natural Gas Realized Price Premium vs. NYMEX Henry Hub ($/Mcf) | “$0.05 to $0.15” | for FY2026 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| Net Daily C3+ NGL Production (MBbl/d) | “125” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Net Daily Ethane Production (MBbl/d) | “80” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Net Daily Natural Gas Equivalent Production | “4.15 to 4.2 Bcfe/d” | for FY2026 | GAAP-tied | Jul 29, 2026 | 1 | Filing ↗ |
| Net Daily Natural Gas Equivalent Production (Bcfe/d) | “4.1” | for FY2026 | GAAP-tied | Feb 11, 2026 | 1 | Filing ↗ |
| Net Daily Natural Gas Production (Bcf/d) | “2.8” | for FY2026 | GAAP-tied | Feb 11, 2026 | 1 | Filing ↗ |
| Net Daily Oil Production (MBbl/d) | “8” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Net production increase | “approximately 700 MMcfe/d” | for FY2026 | Company-defined | Apr 29, 2026 | 1 | Filing ↗ |
| NYMEX Henry Hub Collars - % of Estimated Natural Gas Production | “14%” | for FY2026 | GAAP-tied | Apr 30, 2025 | 1 | Filing ↗ |
| NYMEX Henry Hub Collars - Ceiling Price ($/MMBtu) | “$5.96” | for FY2026 | Company-defined | Apr 30, 2025 | 1 | Filing ↗ |
| NYMEX Henry Hub Collars - Floor Price ($/MMBtu) | “$3.07” | for FY2026 | Company-defined | Apr 30, 2025 | 1 | Filing ↗ |
| NYMEX Henry Hub Collars - Natural Gas MMBtu/d | “320,000” | for FY2026 | Company-defined | Apr 30, 2025 | 1 | Filing ↗ |
| Production | “4.15 to 4.2 Bcfe/d” | for FY2026 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| Production | “4.4 to 4.5 Bcfe/d” | for Q4 FY2026 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| Production | “full year average of approximately 4.1 Bcfe/d” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Production average | “approximately 4.1 Bcfe/d” | for FY2026 | Company-defined | Apr 29, 2026 | 1 | Filing ↗ |
| Production base | “more than 4.2 Bcfe/d” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Production forecast | “4.25 to 4.3 Bcfe/d” | for Q3 FY2026 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| Production forecast | “4.4 to 4.5 Bcfe/d” | for Q4 FY2026 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| Second half of 2026 production | “approximately 4.2 Bcfe/d” | for H2 FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Second half production average | “approximately 4.2 Bcfe/d” | for H2 FY2026 | Company-defined | Apr 29, 2026 | 1 | Filing ↗ |
| Total D&C Capital | “$1,000” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Total Net Daily Liquids Production (MBbl/d) | “213” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Year-end Production | “more than 4.2 Bcfe/d” | for FY2026 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
Next year and medium term
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| EBITDAX margin improvement from cost reduction initiative | “$0.35 per Mcfe” | for FY2028 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| Cash cost reduction initiative target | “$0.70 per Mcfe from 2025 levels, or 25% in total by year-end 2028” | for FY2028 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| Discretionary Growth Capital Production Impact | “could increase production to approximately 4.5 Bcfe/d” | for FY2027 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Production | “4.3 Bcfe/d” | for FY2027 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
| Production (incremental capital) | “increase 2027 production to 4.3 Bcfe/d” | for FY2027 | Company-defined | Feb 11, 2026 | 1 | Filing ↗ |
No period stated
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Share repurchase program management plan | “we plan to actively manage our share repurchase program, accelerating buybacks when there are market opportunities” | — | Declared action | Apr 30, 2025 | 1 | Filing ↗ |
| Share repurchase program remaining capacity | “approximately $880 million of capacity remaining” | — | Declared action | Apr 30, 2025 | 3 | Filing ↗ |
How one item moved
Share repurchase program remaining capacity, No period stated — every statement across the year, each linked to its filing.
How your Oil & gas E&P sector group guides
12 companies in Oil & gas E&P. What they guide on, and who reported this season.
Most-guided metric families
This season’s releases
| EOG Resources | Oct 8, 2026 | 0 changes |
| APA Corporation | Aug 5, 2026 | 7 changes |
| Chord Energy | Aug 5, 2026 | 51 changes |
| Matador Resources | Aug 5, 2026 | 39 changes |
| Murphy Oil | Aug 5, 2026 | 34 changes |
| Permian Resources | Aug 5, 2026 | 12 changes |
| Devon Energy | Aug 4, 2026 | 7 changes |
| Diamondback Energy | Aug 3, 2026 | 23 changes |
Get this for your own peer set — Peer Guidance Briefing, $3,000.
Full history
Every metric, every release, eight quarters — the complete record as one table.
| Metric | FY2028 | FY2027 | FY2026 | FY2025 | FY2024 | No period |
|---|---|---|---|---|---|---|
| Marketing Expense, Net of Marketing Revenue ($/Mcfe) | — | — | — | — | — | 2 statements |
| EBITDAX margin improvement | — | — | — | — | — | 1 statement |
| EBITDAX margin improvement from cost reduction initiative | 1 statement | — | — | — | — | — |
| Per Mcfe margin uplift | — | — | 1 statement | — | — | — |
| Average Lateral Length (Feet) | — | — | 1 statement | — | — | — |
The full record for Antero Resources and its Oil & gas E&P peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.
Filings
The 8 earnings releases this page is built from.
| Filed | Fiscal period | Accession | Guidance items | |
|---|---|---|---|---|
| Jul 29, 2026 | FY2026 Q2 | 0001104659-26-088204 | 24 | Open filing ↗ |
| Apr 29, 2026 | FY2026 Q1 | 0001104659-26-051537 | 17 | Open filing ↗ |
| Feb 11, 2026 | FY2025 Q4 | 0001104659-26-013420 | 40 | Open filing ↗ |
| Oct 29, 2025 | FY2025 Q3 | 0001104659-25-103768 | 13 | Open filing ↗ |
| Jul 30, 2025 | FY2025 Q2 | 0001104659-25-072212 | 7 | Open filing ↗ |
| Apr 30, 2025 | FY2025 Q1 | 0001104659-25-042687 | 15 | Open filing ↗ |
| Feb 12, 2025 | FY2024 Q4 | 0001104659-25-012276 | 31 | Open filing ↗ |
| Oct 30, 2024 | FY2024 Q3 | 0001104659-24-112650 | 6 | Open filing ↗ |
Not located in filing
3 values were detected in these releases but could not be matched to an exact sentence in the filing body, so they are not shown as guidance. We surface the count rather than drop it silently.
Show the 3 unmatched spans
| Span | Why | Filed |
|---|---|---|
| C3+ NGL Realized Price Premium/(Discount) vs. Mont Belvieu ($/Bbl) = $(0.50) to $0.50 | span gate: value not verbatim in filing | Feb 11, 2026 |
| Oil Realized Price (Differential) vs. WTI Oil ($/Bbl) = $(12.00) to $(16.00) | span gate: value not verbatim in filing | Feb 11, 2026 |
| Oil Realized Price Differential vs. WTI Oil ($/Bbl) = $(12.00) - $(16.00) | span gate: value not verbatim in filing | Feb 12, 2025 |
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
Report an error