Antero Resources: Q4 Earnings Snapshot
By AP News
Published - Feb 15, 2023, 04:57 PM ET
Last Updated - Jun 22, 2023, 09:27 PM EDT
DENVER (AP) — DENVER (AP) — Antero Resources Corp. (AR) on Wednesday reported fourth-quarter earnings of $730.3 million.
On a per-share basis, the Denver-based company said it had net income of $2.31. Earnings, adjusted for non-recurring gains, were $1.04 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.
The oil and natural gas producer posted revenue of $2.09 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $1.56 billion.
