Antero Resources Beats Earnings, Raises Production Guidance Amidst Slumping Gas Prices

Antero Resources (AR) reported stronger-than-expected Q2 2026 earnings on July 29, 2026. The company beat earnings and raised its full-year production guidance due to a 21% surge in production after the HG Energy acquisition.

The acquisition drove Antero's production to over 4.1 Bcfe/d, even as natural gas prices fell 22% year-over-year. Management lowered cash costs to $2.20 to $2.30 per Mcfe and signaled net production will exit 2026 over 25% higher than last year.

Antero's Q2 2026 revenue reached $1.56B, beating estimates of $1.55B by 0.9%. The company's earnings per share (EPS) came in at $0.90, a +6.2% beat over estimates of $0.85.