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Antero Resources reports Q4 EPS $2.31 vs. $2.65 a year ago
The Fly

Antero Resources reports Q4 EPS $2.31 vs. $2.65 a year ago

Reports Q4 revenue $2.085B vs. $2.394B last year. Q4 net production averaged 3.2 Bcfe/d, including 182 MBbl/d of liquids. Paul Rady, Chairman, CEO and President of Antero Resources commented, "2022 was a transformative year for Antero. We reduced debt by approximately $1 billion, bringing our total debt reduction since 2019 to over $2.5 billion. We also executed our return of capital program by purchasing over 25 million shares. Antero’s differentiated strategy of liquids-rich development and utilization of firm transportation to sell our gas along the LNG corridor is expected to drive continued premium price realizations in the quarters ahead. As we enter 2023, this financial and operational momentum puts Antero in its strongest position in the Company’s history."

Published first on TheFly

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