Antero Resources reports record Q3 production and strong cash flow
Antero Resources announced third‑quarter 2026 results showing a record net production of over 4.2 Bcfe/d, a 23% year‑over‑year increase. Net income was $367 million, adjusted EBITDAX $634 million and adjusted free cash flow $215 million. The company cut cash production costs to $2.05 per Mcfe and repurchased 1.6 million shares for about $56 million. Guidance for Q4 2026 projects production of roughly 4.3 Bcfe/d and cash costs of $2.10‑$2.20 per Mcfe.
Why it matters
The lower cash cost and strong free cash flow improve margin outlook, and the Q4 guidance signals continued production growth and cost discipline, which may affect investor valuation of the company.
Key facts
- 1Net production was a company record at over 4.2 Bcfe/d, up 23% from the year‑ago period. prnewswire.com
- 2Net income was $367 million. prnewswire.com
- 3Adjusted EBITDAX was $634 million, a 99% increase year over year. prnewswire.com
- 4Adjusted free cash flow was $215 million, a 137% increase year over year. prnewswire.com
- 5Total cash operating costs were $2.05 per Mcfe, down $0.39 per Mcfe (16%) from the prior year. prnewswire.com
- 6The company repurchased 1.6 million shares for approximately $56 million. prnewswire.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.