Antero Resources (AR) Operating Expenses (2012 - 2026)
Antero Resources' (AR) quarterly Operating Expenses came in at $1.2 billion in Q1 2026, up 12.43% year-on-year from $1.1 billion in Q1 2025, and up 8.3% quarter-over-quarter from $1.1 billion in Q4 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.
- On a quarterly basis, Operating Expenses rose 12.43% year-over-year to $1.2 billion in Q1 2026; TTM through Mar 2026 was $4.5 billion, a 4.5% increase from a year earlier, with the FY2025 full-year figure at $4.4 billion, up 1.55% from the prior year.
- Operating Expenses advanced to $1.2 billion in Q1 2026 per AR's latest filing, from $1.1 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.3 billion in Q3 2022 and bottomed at $991.4 million in Q1 2022.
- The 5-year median for Operating Expenses is $1.1 billion (2025), against an average of $1.1 billion.
- Across the five-year window, Operating Expenses declined 17.05% in 2023 and gained 12.43% in 2026, its largest moves.
- Year by year, Operating Expenses 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.
- Per Business Quant, the three latest AR Operating Expenses figures stand at $1.2 billion (Q1 2026), $1.1 billion (Q4 2025), and $1.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.12 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 4.86 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 60.22 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 54.49 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.64 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 2.87 Bn |
| 10 | Antero Resources | 10.45 Bn | 10.20 Bn | 1.95 Bn | 1.22 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |