Antero Resources (AR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Equity Research | February 11, 2026, 8:30 PM

Antero Resources (AR) reported $1.41 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 20.8%. EPS of $0.42 for the same period compares to $0.58 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.31 billion, representing a surprise of +7.87%. The company delivered an EPS surprise of -19.89%, with the consensus EPS estimate being $0.52.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Antero Resources performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Average Net Production per day - Oil: 8,217.00 BBL/D versus the five-analyst average estimate of 8,929.26 BBL/D.
  • Average realized prices after effects of derivative settlements - Natural gas: $3.72 per thousand cubic feet versus $3.75 per thousand cubic feet estimated by five analysts on average.
  • Average Net Production per day - Natural Gas: 2265 millions of cubic feet per day compared to the 2265.45 millions of cubic feet per day average estimate based on five analysts.
  • Average Net Production per day - Combined Natural Gas Equivalent: 3,511.00 MMcfe/D compared to the 3,501.71 MMcfe/D average estimate based on four analysts.
  • Production - Oil: 756.00 MBBL versus the four-analyst average estimate of 776.24 MBBL.
  • Production - Natural gas: 208.00 Bcf versus the four-analyst average estimate of 208.35 Bcf.
  • Production - Combined: 323.00 Bcfe versus 321.09 Bcfe estimated by four analysts on average.
  • Average realized prices after effects of derivative settlements - Oil: $/45.99 versus $/45.07 estimated by four analysts on average.
  • Revenue and other- Natural gas sales: $773.6 million versus the three-analyst average estimate of $795.74 million. The reported number represents a year-over-year change of +42.3%.
  • Revenue and other- Marketing: $31.7 million versus $31.06 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -6.7% change.
  • Revenue and other- Oil sales: $34.77 million versus $32.85 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -29.2% change.
  • Revenue and other- Natural gas liquids sales: $474.26 million versus $435.23 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -14.7% change.

View all Key Company Metrics for Antero Resources here>>>

Shares of Antero Resources have returned +4% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report


 
Antero Resources Corporation (AR): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Mentioned In This Article

Latest News