v3.25.1
Reportable Segments (Details)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
USD ($)
segment
Mar. 31, 2024
USD ($)
Operating results and assets of reportable segments    
Number of reportable segments | segment 3  
Sales and revenues:    
Sales and revenues - Third-party $ 1,352,159 $ 1,121,689
Sales and revenues - Intersegment 548 582
Revenues 1,352,707 1,122,271
Operating expenses:    
Lease operating 33,986 29,121
Production and ad valorem taxes 55,299 58,168
General and administrative (excluding equity-based compensation) 47,300 39,785
Equity-based compensation 15,145 16,077
Depletion, depreciation and amortization 186,352 190,475
Impairment of property and equipment 5,618 5,190
Other (252) 3,622
Total operating expenses 1,081,235 1,074,532
Operating income (loss) 271,472 47,739
Equity in earnings of unconsolidated affiliates 28,661 23,347
Capital expenditures for segment assets $ 206,145 $ 222,449
Segment reporting Amounts include charges for exploration, accretion of asset retirement obligations, loss on settlement of asset retirement obligations, contract termination, loss contingency and settlements, loss (gain) on sale of assets and other operating expenses, as applicable, which represent segment operating expenses that are not considered significant. Amounts include charges for exploration, accretion of asset retirement obligations, loss on settlement of asset retirement obligations, contract termination, loss contingency and settlements, loss (gain) on sale of assets and other operating expenses, as applicable, which represent segment operating expenses that are not considered significant.
Gathering and compression    
Operating expenses:    
Cost of goods and services sold $ 236,134 $ 223,530
Processing    
Operating expenses:    
Cost of goods and services sold 261,155 255,795
Transportation    
Operating expenses:    
Cost of goods and services sold 197,728 192,956
Marketing    
Sales and revenues:    
Revenues 25,558 48,520
Operating expenses:    
Cost of goods and services sold 42,770 59,813
Operating segments | Exploration and Production    
Sales and revenues:    
Sales and revenues - Third-party 1,326,601 1,073,169
Sales and revenues - Intersegment 548 582
Revenues 1,327,149 1,073,751
Operating expenses:    
Lease operating 33,986 29,121
Production and ad valorem taxes 55,299 58,168
General and administrative (excluding equity-based compensation) 47,300 39,785
Equity-based compensation 15,145 16,077
Depletion, depreciation and amortization 186,352 190,475
Impairment of property and equipment 5,618 5,190
Other (252) 3,622
Total operating expenses 1,038,465 1,014,719
Operating income (loss) 288,684 59,032
Equity in earnings of unconsolidated affiliates 28,661 23,347
Capital expenditures for segment assets 206,145 222,449
Operating segments | Exploration and Production | Gathering and compression    
Operating expenses:    
Cost of goods and services sold 236,134 223,530
Operating segments | Exploration and Production | Processing    
Operating expenses:    
Cost of goods and services sold 261,155 255,795
Operating segments | Exploration and Production | Transportation    
Operating expenses:    
Cost of goods and services sold 197,728 192,956
Operating segments | Marketing    
Sales and revenues:    
Sales and revenues - Third-party 25,558 48,520
Revenues 25,558 48,520
Operating expenses:    
Total operating expenses 42,770 59,813
Operating income (loss) (17,212) (11,293)
Operating segments | Marketing | Marketing    
Operating expenses:    
Cost of goods and services sold 42,770 59,813
Operating segments | Equity Method Investment in Antero Midstream    
Sales and revenues:    
Sales and revenues - Third-party 505 671
Sales and revenues - Intersegment 290,624 278,380
Revenues 291,129 279,051
Operating expenses:    
General and administrative (excluding equity-based compensation) 10,622 11,894
Equity-based compensation 12,402 9,327
Facility idling 443 522
Depletion, depreciation and amortization 32,748 37,095
Impairment of property and equipment 817  
Other 44 44
Total operating expenses 113,906 112,800
Operating income (loss) 177,223 166,251
Equity in earnings of unconsolidated affiliates 28,020 27,530
Capital expenditures for segment assets 30,528 35,073
Operating segments | Equity Method Investment in Antero Midstream | Gathering and compression    
Operating expenses:    
Cost of goods and services sold 26,193 26,143
Operating segments | Equity Method Investment in Antero Midstream | Water handling    
Operating expenses:    
Cost of goods and services sold 30,637 27,775
Elimination of Unconsolidated Affiliate    
Sales and revenues:    
Sales and revenues - Third-party (505) (671)
Sales and revenues - Intersegment (290,624) (278,380)
Revenues (291,129) (279,051)
Operating expenses:    
General and administrative (excluding equity-based compensation) (10,622) (11,894)
Equity-based compensation (12,402) (9,327)
Facility idling (443) (522)
Depletion, depreciation and amortization (32,748) (37,095)
Impairment of property and equipment (817)  
Other (44) (44)
Total operating expenses (113,906) (112,800)
Operating income (loss) (177,223) (166,251)
Equity in earnings of unconsolidated affiliates (28,020) (27,530)
Capital expenditures for segment assets (30,528) (35,073)
Elimination of Unconsolidated Affiliate | Gathering and compression    
Operating expenses:    
Cost of goods and services sold (26,193) (26,143)
Elimination of Unconsolidated Affiliate | Water handling    
Operating expenses:    
Cost of goods and services sold $ (30,637) $ (27,775)