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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
—
Company details
Market cap
$11B
Shares out
310M
Revenue
$4.5B
Net debt
$2.7B
Dividend
None
AM stake
29%
Net production
~3.4 Bcfe/d
LPG exports
~24M bbl/yr
In plain English
Antero is one of the largest US natural-gas producers, drilling the gas- and liquids-rich Marcellus and Utica shales of Appalachia. Its real edge is liquids: it is the largest NGL producer in Appalachia and a top US exporter of LPG, piping propane and butane to Marcus Hook for shipment overseas — which is why NGLs, not dry gas, are its single biggest revenue line.
In simple terms
What Antero Resources Corporation really sells
Antero is one of the largest US natural-gas producers, drilling the gas- and liquids-rich Marcellus and Utica shales of Appalachia. Its real edge is liquids: it is the largest NGL producer in Appalachia and a top US exporter of LPG, piping propane and butane to Marcus Hook for shipment overseas — which is why NGLs, not dry gas, are its single biggest revenue line.
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