Natural Gas Sales was Antero Resources’s largest segment in fiscal 2024, bringing in $1.82B of $4.30B (42%).
| Segment | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2024 |
|---|---|---|---|---|---|---|---|
| Natural Gas Sales | $3.44B | $1.82B | |||||
| Natural Gas Liquids Sales (C3+ Ngls) | $1.94B | $1.79B | |||||
| Marketing | $718.92M | $179.07M | |||||
| Gathering, Compression, Water Handling & Treatment, Processing, And Transportation | — | — | |||||
| Gathering, Compression, Water Handling & Treatment | — | — | |||||
| Oil Sales | $201.23M | $230.03M | |||||
| Natural Gas Liquids Sales (Ethane) | $206.89M | $275.12M | |||||
| Gathering & Compression | — | — | |||||
| Water Handling & Treatment | — | — | |||||
| Other | — | $1.10M | |||||
| Other Income | — | — | |||||
| Total | $6.51B | $4.30B |
Antero Resources brought in $4.30B from its six segments in fiscal 2024, the year ended December 31, 2024. Antero Resources regrouped these segments after fiscal 2021, so the total does not compare directly with that year's $6.51B. Natural Gas Sales was the largest at $1.82B (42.3%), ahead of Natural Gas Liquids Sales (C3+ Ngls) at $1.79B (41.7%) and Natural Gas Liquids Sales (Ethane) at $275.12M (6.4%). The other three segments brought in $410.19M combined.
Compared with fiscal 2021, the previous year with figures, Natural Gas Liquids Sales (Ethane) grew fastest, up 33.0% to $275.12M, while Marketing fell the most, down 75.1% to $179.07M.
Exploration & Production was Antero Resources’s largest segment in fiscal 2024, bringing in $1.82B of $2.00B (91%).
| Statement Business Segments | FY 2014 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2024 |
|---|---|---|---|---|---|---|---|---|
| Exploration & Production | $3.44B | $1.82B | ||||||
| Marketing | $718.92M | $179.07M | ||||||
| Gathering & Compression | — | — | ||||||
| Water Handling & Treatment | — | — | ||||||
| Fresh Water Distribution | — | — | ||||||
| Total | $4.16B | $2.00B |
Antero Resources brought in $2.00B from its two segments in fiscal 2024, the year ended December 31, 2024. That is less than the $4.30B it reports by segment, so these segments do not cover all of its revenue. Exploration & Production was the largest at $1.82B (91.0%), ahead of Marketing at $179.07M (9.0%).
Compared with fiscal 2021, the previous year with figures, Exploration & Production fell 47.2% to $1.82B and Marketing fell 75.1% to $179.07M.
Antero Resources (AR) reports its revenue by segment and by statement business segments. In fiscal 2024, Natural Gas Sales was its largest segment, bringing in $1.82B (42.3% of the total), followed by Natural Gas Liquids Sales (C3+ Ngls) at $1.79B (41.7%).
Natural Gas Sales was Antero Resources' largest segment in fiscal 2024, bringing in $1.82B, or 42.3% of the $4.30B total across its six segments.
Every figure comes from Antero Resources' annual financial filings, as reported. Each line keeps the name Antero Resources gives it, and years follow its fiscal calendar.
Antero Resources' revenue by segment goes back to fiscal 2016, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.