Antero Resources (AR) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

For the quarter ended June 2026, Antero Resources (AR) reported revenue of $1.56 billion, up 20.2% over the same period last year. EPS came in at $0.76, compared to $0.35 in the year-ago quarter.

The reported revenue represents a surprise of +4.41% over the Zacks Consensus Estimate of $1.49 billion. With the consensus EPS estimate being $0.75, the EPS surprise was +1.33%.

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.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock’s price performance.

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: 8,330.00 BBL/D versus the six-analyst average estimate of 9,160.65 BBL/D.

• Average Net Production per day – Natural Gas: 2847 millions of cubic feet per day versus 2829.67 millions of cubic feet per day estimated by six analysts on average.

• Average realized prices after effects of derivative settlements – Natural gas: $3.18 per thousand cubic feet compared to the $3.23 per thousand cubic feet average estimate based on five analysts.

• Average Net Production per day – Combined Natural Gas Equivalent: 4,144.00 MMcfe/D versus the five-analyst average estimate of 4,104.26 MMcfe/D.

• Average realized prices after effects of derivative settlements – Oil: $/78.6 versus $/79.13 estimated by four analysts on average.

• Production – Natural gas: 259.00 Bcf compared to the 257.32 Bcf average estimate based on three analysts.

• Production – Oil: 758.00 MBBL versus the three-analyst average estimate of 811.08 MBBL.

• Average prices before effects of derivative settlements – Natural gas: $2.66 per thousand cubic feet versus the three-analyst average estimate of $2.72 per thousand cubic feet.

• Revenue and other- Natural gas sales: $688.48 million versus the three-analyst average estimate of $788.5 million. The reported number represents a year-over-year change of 0%.

• Revenue and other- Marketing: $56.07 million compared to the $31.09 million average estimate based on two analysts. The reported number represents a change of +66.2% year over year.

• Revenue and other- Oil sales: $59.58 million versus $67.78 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +76.8% change.

• Revenue and other- Natural gas liquids sales: $587.71 million versus the two-analyst average estimate of $623.92 million. The reported number represents a year-over-year change of +22.3%.