Antero Resources (AR) Operating Leases (2018 - 2026)
Antero Resources' Operating Leases came in at $1.47 billion for Q2 2026, down 21.8% from $1.88 billion a year earlier and down 5.2% from the prior quarter.
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Analysis
Antero Resources (AR) Operating Leases (2018 - 2026) Analysis & Trends
At the end of FY2025, Antero Resources' Operating Leases was $1.61 billion, down 21.4% from FY2024.
- Operating Leases has declined in each of the last four years, with a five-year compound annual growth rate of -7.2% (FY2020 to FY2025).
- Going back by year, Operating Leases was $2.05 billion in FY2024 (-15.6%), $2.43 billion in FY2023 (-16.0%), $2.89 billion in FY2022 (-2.5%) and $2.96 billion in FY2021 (+26.2%).
- The Q2 2026 figure represents the lowest quarterly Operating Leases since Q4 2018.
- Year-over-year, Operating Leases has declined for 13 consecutive quarters, with an average decline of 18.8% over the last eight quarters.
- The fastest year-over-year change in Operating Leases over five years came in Q2 2022 (growth of 28.5%), and the weakest in Q1 2026 (a decline of 22.7%).
- Business Quant data shows AR's Operating Leases at $1.55 billion (Q1 2026), $1.61 billion (Q4 2025) and $1.75 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - |
| 10 | Antero Resources | 10.31 Bn | 10.31 Bn | -9.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.47 Bn |
| Mar 31, 2026 | 1.55 Bn |
| Dec 31, 2025 | 1.61 Bn |
| Sep 30, 2025 | 1.75 Bn |
| Jun 30, 2025 | 1.88 Bn |
| Mar 31, 2025 | 2.01 Bn |
| Dec 31, 2024 | 2.05 Bn |
| Sep 30, 2024 | 2.15 Bn |
| Jun 30, 2024 | 2.27 Bn |
| Mar 31, 2024 | 2.40 Bn |
| Dec 31, 2023 | 2.43 Bn |
| Sep 30, 2023 | 2.58 Bn |
| Jun 30, 2023 | 2.71 Bn |
| Mar 31, 2023 | 2.85 Bn |
| Dec 31, 2022 | 2.89 Bn |
| Sep 30, 2022 | 3.01 Bn |
| Jun 30, 2022 | 2.85 Bn |
| Mar 31, 2022 | 2.83 Bn |
| Dec 31, 2021 | 2.96 Bn |
| Sep 30, 2021 | 2.62 Bn |
API Access
Antero Resources Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=AR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "AR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=AR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();