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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
Natural gas sales $ 454,257 $ 229,787 $ 920,921 $ 484,563
Natural gas liquids sales 170,819 94,713 365,471 167,778
Oil sales 26,512 16,740 53,472 26,919
Gathering, processing, and water handling and treatment 3,192 3,294 5,796 7,138
Marketing 49,968 90,902 115,892 190,118
Commodity derivative fair value gains (losses) 85,641 (684,634) 524,416 (404,710)
Total revenue 790,389 (249,198) 1,985,968 471,806
Operating expenses:        
Lease operating 16,992 12,043 32,543 23,336
Gathering, compression, processing, and transportation 266,747 206,060 533,576 414,798
Production and ad valorem taxes 22,553 17,458 47,346 36,742
Marketing 77,421 125,977 167,414 263,910
Exploration 1,804 1,109 3,911 2,123
Impairment of unproved properties 15,199 19,944 42,098 35,470
Depletion, depreciation, and amortization 201,182 197,362 403,911 388,944
Accretion of asset retirement obligations 649 620 1,286 1,218
General and administrative (including equity-based compensation expense) 64,099 60,102 128,797 116,389
Total operating expenses 666,646 640,675 1,360,882 1,282,930
Operating income (loss) 123,743 (889,873) 625,086 (811,124)
Other income (expenses):        
Income Loss From Equity Method Investments 3,623 484 5,854 484
Interest (68,582) (62,595) (135,252) (125,879)
Total other expenses (64,959) (62,111) (129,398) (125,395)
Income (loss) before income taxes 58,784 (951,984) 495,688 (936,519)
Provision for income tax (expense) benefit (18,819) 376,494 (150,165) 371,679
Net income (loss) and comprehensive income (loss) including noncontrolling interest 39,965 (575,490) 345,523 (564,840)
Net income and comprehensive income attributable to noncontrolling interest 45,097 20,754 82,259 36,459
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation $ (5,132) $ (596,244) $ 263,264 $ (601,299)
Earnings (loss) per common share:        
Earnings (loss) per common share - basic (in dollars per share) $ (0.02) $ (2.12) $ 0.84 $ (2.15)
Earnings (loss) per common share assuming dilution:        
Earnings (loss) per common share—assuming dilution (in dollars per share) $ (0.02) $ (2.12) $ 0.83 $ (2.15)
Weighted average number of shares outstanding        
Basic (in shares) 315,401 281,786 315,179 279,418
Diluted (in shares) 315,401 281,786 315,927 279,418