Fair Value Measurement

3 Months Ended

Mar. 31, 2025

Fair Value Measurement

Fair Value Measurement

(12) Fair Value Measurement

The carrying values on the condensed consolidated balance sheets of the Company’s accounts receivable—Antero Resources, accounts receivable—third party, other current assets, accounts payable—Antero Resources, accounts payable—third party, accrued liabilities and other current liabilities approximate fair values due to their short-term maturities. The carrying value of the amounts under the Credit Facility as of December 31, 2024 and March 31, 2025 approximated fair value because the variable interest rates are reflective of current market conditions.

The fair value and carrying value of the Company’s Senior Notes is as follows:

					(Unaudited)
	December 31, 2024				March 31, 2025
(in thousands)	Fair Value (1)		Carrying Value (2)		Fair Value (1)		Carrying Value (2)
2027 Notes	$	646,750		648,082		645,905		648,286
2028 Notes		644,410		646,684		642,135		646,941
2029 Notes		730,425		744,516		730,575		744,788
2032 Notes		602,220		593,376		605,220		593,560
Total	$	2,623,805		2,632,658		2,623,835		2,633,575

(1) Fair values are based on Level 2 market data inputs.

(2) Carrying values are presented net of unamortized debt issuance costs and debt premium.