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Stock impact report

Antero Resources Corp (AR) Reports Fourth Quarter 2023 Results and Provides 2024 Outlook [Yahoo! Finance]

Antero Resources Corporation (AR) 
Last antero resources corporation earnings: 4/29 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Capital Expenditures : Drilling and completion capital expenditures were $164 million in Q4 2023. Proved Reserves : Increased to 18.1 Tcfe at year-end 2023, up 2% from the prior year. 2024 Guidance : Drilling and completion capital budget set at $650 to $700 million, with net production expected to average between 3.3 and 3.4 Bcfe/d. Free Cash Flow : $90 million in Q4 2023 before changes in working capital. Leverage to NGL Prices : NGL prices up over 15%, boosting the 2024 outlook. Warning! GuruFocus has detected 3 Warning Sign with AR. On February 14, 2024, Antero Resources Corp ( NYSE:AR ) released its 8-K filing , announcing its fourth quarter 2023 financial and operating results, year-end 2023 estimated proved reserves, and 2024 guidance. The Denver-based company, which specializes in the exploration and production of natural gas and natural gas liquids, reported a year-end reserve of 17.8 trillion cubic feet of natural gas equivalent and an average daily production o Show less Read more
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