Antero Resources (AR) Operating Expenses (2012 - 2026)

Antero Resources (AR) recorded quarterly Operating Expenses of $1.2 billion in Q1 2026, up 8.3% quarter-over-quarter from $1.1 billion in Q4 2025, and up 12.43% on a YoY basis from $1.1 billion in Q1 2025.

Antero Resources (AR) Operating Expenses (2012 - 2026) Analysis & Trends

Antero Resources' Operating Expenses history runs 15 years deep, the most recent figure standing at $1.2 billion for Q1 2026.

  • In Q1 2026, Operating Expenses rose 12.43% year-over-year to $1.2 billion; the TTM figure through Mar 2026 stood at $4.5 billion (up 4.5% YoY), while the FY2025 annual figure was $4.4 billion, up 1.55% from the prior year.
  • Operating Expenses was $1.2 billion for Q1 2026 at Antero Resources, up from $1.1 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.3 billion in Q3 2022 to a low of $991.4 million in Q1 2022.
  • Historically, Operating Expenses has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2025.
  • The sharpest annual moves came in 2023 and 2026: Operating Expenses slipped 17.05% in 2023, then increased 12.43% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $1.2 billion in 2022, then fell by 6.87% to $1.1 billion in 2023, then grew by 1.35% to $1.1 billion in 2024, then grew by 1.03% to $1.1 billion in 2025, then advanced by 8.3% to $1.2 billion in 2026.
  • The last three Operating Expenses figures came in at $1.2 billion (Q1 2026), $1.1 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 1.04 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.28 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 4.32 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 1.12 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 4.12 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -52.32 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 54.87 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 103.33 Mn
10 Antero Resources 10.70 Bn 10.61 Bn 1.90 Bn 1.22 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.22 Bn
Dec 31, 2025 1.12 Bn
Sep 30, 2025 1.10 Bn
Jun 30, 2025 1.09 Bn
Mar 31, 2025 1.08 Bn
Dec 31, 2024 1.11 Bn
Sep 30, 2024 1.08 Bn
Jun 30, 2024 1.06 Bn
Mar 31, 2024 1.07 Bn
Dec 31, 2023 1.10 Bn
Sep 30, 2023 1.07 Bn
Jun 30, 2023 1.04 Bn
Mar 31, 2023 1.08 Bn
Dec 31, 2022 1.18 Bn
Sep 30, 2022 1.29 Bn
Jun 30, 2022 1.14 Bn
Mar 31, 2022 991.44 Mn
Dec 31, 2021 1.14 Bn
Sep 30, 2021 1.22 Bn
Jun 30, 2021 1.13 Bn