Equity Method Investment (Tables)

6 Months Ended

Jun. 30, 2024

Antero Midstream Corporation

Equity Method Investments

Schedule of reconciliation of investments in unconsolidated affiliate

The following table sets forth a reconciliation of Antero’s investment in unconsolidated affiliate (in thousands):

Balance as of December 31, 2023 (1)	$	222,255
Equity in earnings of unconsolidated affiliate		44,228
Dividends from unconsolidated affiliate		(62,569)
Elimination of intercompany profit		19,638
Balance as of June 30, 2024 (1)	$	223,552

(1) The fair value of the Company’s investment in Antero Midstream as of December 31, 2023 and June 30, 2024 was $1.7 billion and $2.0 billion, respectively, based on the quoted market share price of Antero Midstream.