XML 78 R65.htm IDEA: XBRL DOCUMENT v3.24.3
Reportable Segments (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
segment
Sep. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Operating results and assets of reportable segments          
Number of reportable segments | segment     3    
Sales and revenues:          
Sales and revenues - Third-party $ 1,055,342 $ 1,125,630 $ 3,155,093 $ 3,486,520  
Sales and revenues - Intersegment 578 546 1,752 1,309  
Revenues 1,055,920 1,126,176 3,156,845 3,487,829  
Operating expenses:          
Lease operating 29,597 33,484 88,477 91,553  
General and administrative 54,627 58,425 169,917 169,587  
Depletion, depreciation and amortization 170,197 176,259 513,787 515,247  
Impairment of property and equipment 13,455 13,476 18,958 44,746  
Other 108,764 116,914 347,532 387,377  
Total operating expenses 1,061,823 1,070,444 3,159,577 3,189,543  
Operating income (loss) (5,903) 55,732 (2,732) 298,286  
Equity in earnings of unconsolidated affiliate 25,634 22,207 69,862 58,986  
Capital expenditures for segment assets 173,630 912,046 588,464 912,046  
Investments in unconsolidated affiliates 226,860   226,860   $ 222,255
Total assets 13,223,618   13,223,618   13,619,414
Gathering, compression, processing and transportation          
Operating expenses:          
Cost of goods and services sold 685,183 671,886 2,020,906 1,981,033  
Operating segments | Exploration and production          
Sales and revenues:          
Sales and revenues - Third-party 1,008,182 1,072,562 3,009,995 3,331,130  
Sales and revenues - Intersegment 578 546 1,752 1,309  
Revenues 1,008,760 1,073,108 3,011,747 3,332,439  
Operating expenses:          
Lease operating 29,597 33,484 88,477 91,553  
General and administrative 54,627 58,425 169,917 169,587  
Depletion, depreciation and amortization 170,197 176,259 513,787 515,247  
Impairment of property and equipment 13,455 13,476 18,958 44,746  
Other 46,620 47,372 154,768 146,536  
Total operating expenses 999,679 1,000,902 2,966,813 2,948,702  
Operating income (loss) 9,081 72,206 44,934 383,737  
Equity in earnings of unconsolidated affiliate 25,634 22,207 69,862 58,986  
Capital expenditures for segment assets 173,630 912,046 588,464 912,046  
Investments in unconsolidated affiliates 226,860   226,860   222,255
Total assets 13,211,758   13,211,758   13,602,297
Operating segments | Exploration and production | Gathering, compression, processing and transportation          
Operating expenses:          
Cost of goods and services sold 685,183 671,886 2,020,906 1,981,033  
Operating segments | Marketing          
Sales and revenues:          
Sales and revenues - Third-party 47,160 53,068 145,098 155,390  
Revenues 47,160 53,068 145,098 155,390  
Operating expenses:          
Other 62,144 69,542 192,764 240,841  
Total operating expenses 62,144 69,542 192,764 240,841  
Operating income (loss) (14,984) (16,474) (47,666) (85,451)  
Total assets 11,860   11,860   17,117
Operating segments | Antero Midstream Corporation          
Sales and revenues:          
Sales and revenues - Third-party 397 383 1,482 929  
Sales and revenues - Intersegment 269,473 263,456 817,234 780,672  
Revenues 269,870 263,839 818,716 781,601  
Operating expenses:          
General and administrative 22,872 17,633 65,312 53,142  
Depletion, depreciation and amortization 32,534 30,745 107,205 101,174  
Impairment of property and equipment 332   332    
Other (19) 1,234 2,385 8,722  
Total operating expenses 107,443 101,526 337,285 325,420  
Operating income (loss) 162,427 162,313 481,431 456,181  
Equity in earnings of unconsolidated affiliate 27,668 27,397 82,795 77,825  
Capital expenditures for segment assets 55,535 45,286 134,007 130,025  
Investments in unconsolidated affiliates 609,427   609,427   626,650
Total assets 5,777,451   5,777,451   5,737,618
Operating segments | Antero Midstream Corporation | Gathering, compression, processing and transportation          
Operating expenses:          
Cost of goods and services sold 51,724 51,914 162,051 162,382  
Elimination of intersegment transaction          
Sales and revenues:          
Sales and revenues - Third-party (397) (383) (1,482) (929)  
Sales and revenues - Intersegment (269,473) (263,456) (817,234) (780,672)  
Revenues (269,870) (263,839) (818,716) (781,601)  
Operating expenses:          
General and administrative (22,872) (17,633) (65,312) (53,142)  
Depletion, depreciation and amortization (32,534) (30,745) (107,205) (101,174)  
Impairment of property and equipment (332)   (332)    
Other 19 (1,234) (2,385) (8,722)  
Total operating expenses (107,443) (101,526) (337,285) (325,420)  
Operating income (loss) (162,427) (162,313) (481,431) (456,181)  
Equity in earnings of unconsolidated affiliate (27,668) (27,397) (82,795) (77,825)  
Capital expenditures for segment assets (55,535) (45,286) (134,007) (130,025)  
Investments in unconsolidated affiliates (609,427)   (609,427)   (626,650)
Total assets (5,777,451)   (5,777,451)   $ (5,737,618)
Elimination of intersegment transaction | Gathering, compression, processing and transportation          
Operating expenses:          
Cost of goods and services sold $ (51,724) $ (51,914) $ (162,051) $ (162,382)