v3.26.1
Transactions (Tables)
6 Months Ended
Jun. 30, 2026
Transactions  
Schedule of preliminary purchase price and estimated fair value of assets acquired and liabilities assumed

As Originally

(in thousands)

Reported

Adjustments

As Adjusted

Total cash consideration

$

1,108,783

(5,731)

1,103,052

Fair value of assets acquired:

Cash

$

20

20

Accounts receivable Antero Resources

16,082

16,082

Property and equipment, net

470,800

2,029

472,829

Customer relationships

629,426

(7,278)

622,148

Operating lease right-of-use asset

47,033

47,033

Other assets

523

523

Amount attributable to assets acquired

$

1,163,884

(5,249)

1,158,635

Fair value of liabilities assumed:

Accrued liabilities

$

7,545

482

8,027

Lease liabilities

47,556

47,556

Amount attributable to liabilities assumed

$

55,101

482

55,583

Schedule of summarizes amounts contributed by the assets acquired in the HG Acquisition

February 3, 2026

(in thousands)

through June 30, 2026

Gathering and compression–Antero Resources

$

54,198

Water handling–Antero Resources

15,650

Amortization of customer relationships

(8,676)

Total revenue

61,172

Net income (1)

$

12,403

(1)Net income includes transaction expense of $9 million related to the HG Acquisition recognized during the six months ended June 30, 2026.
Schedule of carrying value of the Utica Shale Property and Equipment's assets and liabilities held for sale

(in thousands)

  ​ ​ ​

December 31, 2025

Current assets:

Accounts receivable–Antero Resources

$

4,600

Long-term assets:

Property and equipment, net

378,560

Other assets, net

476

Total assets

$

383,636

Current liabilities:

Accounts payable–third party

$

634

Accrued liabilities

1,663

Long-term liabilities:

Other long-term liabilities

3,021

Total liabilities

$

5,318