v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 180,435  
Restricted cash 82,500  
Income tax receivable 1,896  
Current assets held for sale 4,600  
Other current assets 2,669 $ 2,052
Total current assets 379,864 118,064
Long-term assets:    
Property and equipment, net 3,454,572 3,881,621
Investments in unconsolidated affiliates 585,778 603,956
Customer relationships 1,074,087 1,144,759
Assets held for sale 379,036  
Other assets, net 10,779 13,348
Total assets 5,884,116 5,761,748
Current liabilities:    
Accrued liabilities 91,527 83,555
Current liabilities held for sale 2,297  
Other current liabilities 1,924 635
Total current liabilities 111,482 100,612
Long-term liabilities:    
Long-term debt 3,222,530 3,116,958
Deferred income tax liability, net 562,996 413,608
Liabilities held for sale 3,021  
Other 12,046 15,399
Total liabilities 3,912,075 3,646,577
Stockholders' equity:    
Preferred stock
Common stock, $0.01 par value; 2,000,000 authorized; 479,422 and 474,060 issued and outstanding as of December 31, 2024 and December 31, 2025, respectively 4,741 4,794
Additional paid-in capital 1,952,524 2,019,830
Retained earnings 14,776 90,547
Total stockholders' equity 1,972,041 2,115,171
Total liabilities and stockholders' equity 5,884,116 5,761,748
Antero Resources    
Current assets:    
Accounts receivable 106,771 115,180
Current liabilities:    
Accounts payable 5,366 4,114
Third party    
Current assets:    
Accounts receivable 993 832
Current liabilities:    
Accounts payable 10,368 12,308
Series A Preferred Stock    
Stockholders' equity:    
Preferred stock