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| 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 |