v3.25.4
Reportable Segments (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2025
USD ($)
segment
item
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Reporting Segments      
Number of reportable segments | segment 2    
Revenues:      
Amortization of customer relationships $ (70,672) $ (70,672) $ (70,672)
Total revenues 1,188,426 1,106,193 1,041,771
Operating expenses:      
Direct operating 231,910 217,976 213,165
General and administrative (excluding equity-based compensation) 41,976 41,754 39,462
Equity-based compensation 45,958 44,332 31,606
Facility idling 1,801 1,721 2,459
Depreciation 134,310 140,000 136,059
Impairment of property and equipment 984 332 146
Loss on long-lived assets 86,626    
Other $ 192 $ 912 $ 7,012
Segment Reporting, Other Segment Item, Composition, Description Amounts include charges for accretion of asset retirement obligations, loss on settlement of asset retirement obligations and loss (gain) on sale of assets, as applicable, which represent segment operating expenses that are not considered significant Amounts include charges for accretion of asset retirement obligations, loss on settlement of asset retirement obligations and loss (gain) on sale of assets, as applicable, which represent segment operating expenses that are not considered significant Amounts include charges for accretion of asset retirement obligations, loss on settlement of asset retirement obligations and loss (gain) on sale of assets, as applicable, which represent segment operating expenses that are not considered significant
Total operating expenses $ 543,757 $ 447,027 $ 429,909
Operating income 644,669 659,166 611,862
Equity in earnings of unconsolidated affiliates 116,439 110,573 105,456
Additions to property and equipment, net 162,255 172,347 183,733
Investments in unconsolidated affiliates 585,778 603,956 626,650
Total assets 5,884,116 5,761,748  
Antero      
Revenues:      
Total operating revenues 1,256,683 1,174,921 1,111,029
Third party      
Revenues:      
Total operating revenues 2,415 1,944 1,414
Gathering and Processing      
Revenues:      
Amortization of customer relationships $ (37,086) (37,086) (37,086)
Water Handling      
Reporting Segments      
Number of independent fresh water systems | item 2    
Revenues:      
Amortization of customer relationships $ (33,586) (33,586) (33,586)
Operating Segments | Gathering and Processing      
Revenues:      
Amortization of customer relationships (37,086) (37,086) (37,086)
Total revenues 950,198 888,977 805,276
Operating expenses:      
Direct operating 107,846 103,053 95,507
General and administrative (excluding equity-based compensation) 21,394 28,814 22,532
Equity-based compensation 30,025 35,535 23,313
Depreciation 76,559 84,398 83,409
Impairment of property and equipment   332 133
Loss on long-lived assets 82,960    
Other     6,039
Total operating expenses 318,784 252,132 230,933
Operating income 631,414 636,845 574,343
Equity in earnings of unconsolidated affiliates 116,439 110,573 105,456
Additions to property and equipment, net 91,533 141,832 130,305
Investments in unconsolidated affiliates 585,778 603,956  
Total assets 4,651,002 4,769,825  
Operating Segments | Gathering and Processing | Antero      
Revenues:      
Total operating revenues 987,284 926,063 842,362
Operating Segments | Water Handling      
Revenues:      
Amortization of customer relationships (33,586) (33,586) (33,586)
Total revenues 238,228 217,216 236,495
Operating expenses:      
Direct operating 124,064 114,923 117,658
General and administrative (excluding equity-based compensation) 14,879 8,279 12,497
Equity-based compensation 14,789 7,800 7,362
Facility idling 1,801 1,721 2,459
Depreciation 57,751 55,602 52,650
Impairment of property and equipment 984   13
Loss on long-lived assets 3,666    
Other 192 912 973
Total operating expenses 218,126 189,237 193,612
Operating income 20,102 27,979 42,883
Additions to property and equipment, net 70,722 30,515 53,428
Total assets 968,282 991,923  
Operating Segments | Water Handling | Antero      
Revenues:      
Total operating revenues 269,399 248,858 268,667
Operating Segments | Water Handling | Third party      
Revenues:      
Total operating revenues 2,415 1,944 1,414
Unallocated      
Operating expenses:      
General and administrative (excluding equity-based compensation) 5,703 4,661 4,433
Equity-based compensation 1,144 997 931
Total operating expenses 6,847 5,658 5,364
Operating income (6,847) $ (5,658) $ (5,364)
Total assets $ 264,832