AR 📈 Antero Resources - Overview

Antero Resources Corporation is an independent oil and natural gas company that focuses on the development, production, exploration, and acquisition of natural gas, natural gas liquids, and oil properties across the United States. The company's operations are divided into three primary segments: Exploration and Development, Marketing, and Equity Method Investment in Antero Midstream. This structure allows Antero Resources to maintain a diversified approach to the energy market, from discovering and extracting resources to marketing them and investing in midstream operations.

As of the end of 2023, Antero Resources held a significant portfolio of approximately 515,000 net acres in the Appalachian Basin, a region known for its rich natural gas deposits. Additionally, the company had around 172,000 net acres in the Upper Devonian Shale, further expanding its potential for natural gas and oil production. The company's infrastructure includes an extensive network of gathering and compression systems, featuring 631 miles of gas gathering pipelines in the Appalachian Basin. This infrastructure is crucial for efficiently transporting the natural gas from the wellheads to processing facilities and eventually to market.

Originally incorporated in 2002 as Antero Resources Appalachian Corporation, the company underwent a name change to Antero Resources Corporation in June 2013, reflecting its broader scope and ambitions in the oil and gas sector. Headquartered in Denver, Colorado, Antero Resources is listed on the New York Stock Exchange (NYSE) under the ticker symbol AR. The company's common stock is traded under the ISIN US03674X1063 and is classified under the GICS Sub Industry of Oil & Gas Exploration & Production. For more information, investors and stakeholders can visit the company's official website at https://www.anteroresources.com.