HighGravityData

Antero Resources — Apr 30, 2025 release

Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-25-042687
Open on SEC.gov ↗
Showing in the filing
NYMEX Henry Hub Collars - Natural Gas MMBtu/d
“320,000”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 15
Contracted LPG pricing premium to Mont Belvieu for FY2025
“$2.00 per barrel”
Share repurchase program management plan
“we plan to actively manage our share repurchase program, accelerating buybacks when there are market opportunities”
Debt reduction / credit facility target
“targeting an undrawn credit facility”
Share repurchase program remaining capacity
“approximately $1 billion”
LPG export volumes contracted at Marcus Hook… for FY2025
“approximately 90%”
LPG contracted premium rate to Mont Belvieu … for FY2025
“a double-digit per cent per gallon premium to Mont Belvieu pricing”
C3+ NGL prices premium to Mont Belvieu pricing for FY2025
“$1.50 to $2.50 per barrel”
Lean gas natural gas collars floor/ceiling for FY2026
“a floor price of $3.07 per MMBtu with a ceiling of $5.96 per MMBtu”
NYMEX Henry Hub Collars - Floor Price ($/MMB… for FY2026
“$3.07”
NYMEX Henry Hub Collars - Ceiling Price ($/M… for FY2026
“$5.96”
NYMEX Henry Hub Swap - Natural Gas MMBtu/d for FY2025
“100,000”
NYMEX Henry Hub Swap - Weighted Average Inde… for FY2025
“$3.12”
NYMEX Henry Hub Swap - % of Estimated Natura… for FY2025
“4%”
NYMEX Henry Hub Collars - Natural Gas MMBtu/d for FY2026
“320,000”
NYMEX Henry Hub Collars - % of Estimated Nat… for FY2026
“14%”
Exhibit 99.1 · the passage around this item
… earlier in the release
      Natural Gas MMBtu/d     Weighted Average Index Price ($/MMBtu)     % of Estimated Natural Gas Production (1)   2025 NYMEX Henry Hub Swap     100,000     $ 3.12       4 %             Weighted Average Index     % of Estimated       Natural Gas (MMBtu/d)     Floor Price ($/MMBtu)     Ceiling Price ($/MMBtu)     Natural Gas Production (1)   2026 NYMEX Henry Hub Collars     320,000     $ 3.07     $ 5.96       14 %   (1) Based on the midpoint of 2025 natural gas guidance (including BTU upgrade)   2     First Quarter 2025 Financial Results   Net daily natural gas equivalent production in the first quarter averaged 3.4 Bcfe/d, including 206 MBbl/d of liquids. Antero’s average realized natural gas price before hedges was $4.01 per Mcf, a $0.36 per Mcf premium to the benchmark index price. Antero’s average realized C3+ NGL price before hedges was $45.65 per barrel, a $1.66 per barrel premium to the benchmark index price.   The following table details average net production and average realized prices for the three months ended March 31, 2025:       Three Months Ended March 31, 2025       Natural Gas (MMcf/d)     Oil (Bbl/d)     C3+ NGLs (Bbl/d)     Ethane (Bbl/d)     Combined Natural Gas Equivalent (MMcfe/d)   Average Net Production     2,162       9,467       113,656       82,689       3,397         Three Months Ended March 31, 2025       Natural Gas     Oil     C3+ NGLs     Ethane     Combined Natural Gas Equivalent   Average Realized Prices
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.