Antero Resources (AR) Q4 Results - Feb 15

Post Reply
dan_s
Posts: 34463
Joined: Fri Apr 23, 2010 8:22 am

Antero Resources (AR) Q4 Results - Feb 15

Post by dan_s »

Fourth Quarter 2022 Highlights:

Net production averaged 3.2 Bcfe/d, including 182 MBbl/d of liquids < My forecast was 3,273,000 mcfepd

Realized pre-hedge natural gas price of $6.27 per Mcf

Net income was $730 million, Adjusted Net Income was $328 million (Non-GAAP) < Adjusted Net Income compares to my forecast of $338.7 million net income

Adjusted EBITDAX was $565 million (Non-GAAP); net cash provided by operating activities was $475 million

Free Cash Flow was $272 million (Non-GAAP), before Changes in Working Capital

Purchased $199 million of share
--------------------------------------
I will update my forecast/valuation model tomorrow morning.
Dan Steffens
Energy Prospectus Group
Post Reply