For the year ending 2025-12-31, AR had $210,000,000 increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income including noncontrolling interests | 674,567,000 | 93,697,000 | 341,844,000 | 2,025,972,000 |
| Depletion, depreciation, amortization and accretion | 753,567,000 | 765,827,000 | 693,210,000 | 685,227,000 |
| Impairment of property and equipment | 29,358,000 | 47,433,000 | 51,302,000 | 149,731,000 |
| Commodity derivative fair value gains | 111,049,000 | 731,000 | 166,324,000 | -1,615,836,000 |
| Settled commodity derivative gains (losses) | 17,068,000 | -10,154,000 | 25,383,000 | 1,911,065,000 |
| Deferred income tax expense (benefit) | 213,965,000 | -118,640,000 | 74,407,000 | 447,845,000 |
| Equity-based compensation expense | 60,812,000 | 66,462,000 | 59,519,000 | 35,443,000 |
| Equity in earnings of unconsolidated affiliate | 98,484,000 | 93,787,000 | 82,952,000 | 72,327,000 |
| Dividends of earnings from unconsolidated affiliate | 125,255,000 | 125,197,000 | 125,138,000 | 125,138,000 |
| Amortization of deferred revenue | 25,264,000 | 27,101,000 | 30,552,000 | 37,603,000 |
| Amortization of debt issuance costs and other | 937,000 | 2,420,000 | 2,264,000 | 4,336,000 |
| Settlement of asset retirement obligations | 270,000 | 3,571,000 | 718,000 | - |
| Contract termination, loss contingency and settlements | 15,370,000 | 5,344,000 | - | - |
| Loss (gain) on sale of assets | 266,000 | -862,000 | 447,000 | -471,000 |
| Loss on early extinguishment of debt | -3,628,000 | -528,000 | - | -46,027,000 |
| Accounts receivable | 142,000 | -25,410,000 | -7,550,000 | -43,510,000 |
| Loss on convertible note inducements and equitizations | - | - | 374,000 | 169,000 |
| Accrued revenue | 39,239,000 | 52,808,000 | -306,880,000 | 116,243,000 |
| Prepaid expenses and other current assets | 6,990,000 | -8,680,000 | -14,890,000 | 27,530,000 |
| Payments for derivative monetizations | - | - | -202,339,000 | - |
| Accounts payable including related parties | -2,345,000 | 35,301,000 | -16,837,000 | 32,374,000 |
| Settlement of asset retirement obligations | - | - | - | 1,050,000 |
| Contract termination and loss contingency | - | - | 12,100,000 | - |
| Accrued liabilities | -44,984,000 | 1,280,000 | -62,419,000 | -5,620,000 |
| Revenue distributions payable | 85,975,000 | -45,849,000 | -106,429,000 | 23,337,000 |
| Other current liabilities | 13,597,000 | 3,180,000 | -357,000 | -12,636,000 |
| Net cash provided by operating activities | 1,630,930,000 | 849,288,000 | 994,721,000 | 3,051,342,000 |
| Additions to unproved properties | 129,247,000 | - | - | - |
| Drilling and completion costs | 685,468,000 | 614,855,000 | 964,346,000 | 780,649,000 |
| Additions to other property and equipment | 5,407,000 | 10,929,000 | 16,382,000 | 14,313,000 |
| Acquisitions of oil and gas properties | 253,128,000 | 90,995,000 | 151,135,000 | 149,009,000 |
| Proceeds from asset sales | 16,277,000 | 9,499,000 | 447,000 | 2,747,000 |
| Change in other assets | 20,840,000 | 6,873,000 | 9,351,000 | 2,388,000 |
| Net cash used in investing activities | -1,077,813,000 | -714,153,000 | -1,140,767,000 | -943,612,000 |
| Repurchases of common stock | 136,404,000 | - | 75,355,000 | 873,744,000 |
| Repayment of senior notes | 141,733,000 | - | - | 1,027,559,000 |
| Borrowings on credit facility | 4,909,000,000 | 4,130,900,000 | 4,501,400,000 | - |
| Repayments on credit facility | 4,863,600,000 | 4,154,900,000 | 4,119,000,000 | - |
| Payment of debt issuance costs | 8,983,000 | 6,138,000 | 605,000 | 814,000 |
| Convertible note inducements and equitizations | - | - | 374,000 | 169,000 |
| Distributions to noncontrolling interests | 70,210,000 | 74,286,000 | 128,823,000 | 173,537,000 |
| Borrowings (repayments) on bank credit facilities, net | - | - | - | 34,800,000 |
| Employee tax withholding for settlement of equity-based compensation awards | 29,649,000 | 29,605,000 | 30,367,000 | 66,132,000 |
| Other | -1,538,000 | -1,106,000 | -830,000 | -575,000 |
| Net cash provided by (used in) financing activities | -343,117,000 | -135,135,000 | 146,046,000 | -2,107,730,000 |
| Net increase in cash, cash equivalents and restricted cash | 210,000,000 | 0 | 0 | 0 |
| Cash and cash equivalents at beginning of period | 0 | - | - | - |
| Cash and cash equivalents at end of period | 210,000,000 | - | - | - |
ANTERO RESOURCES Corp (AR)
ANTERO RESOURCES Corp (AR)