Antero Resources Corporation · NYSE:AR
Antero Resources — Corporate Update (July 2026)
6 slides from Antero Resources's corporate update, Jul 29, 2026
Slide 1: 2026 Guidance and Hedge Position
2026 Guidance and Hedge Position J U LY 2 9 , 2 0 2 6
Slide 2: Legal Disclaimer
Legal Disclaimer This presentation includes “forward-looking statements.” Such forward-looking statements are subject to a number of risks and uncertainties, many of which are not under AR’s control. All statements, except for statements of historical fact, made in this presentation regarding activi
Slide 3: 2026 Guidance (Updated July 2026)
2026 Guidance (Updated July 2026) 2026 Guidance Ranges Updated 2026 Guidance Ranges Net Production (Bcfe/d) 4.1 4.15 – 4.2 Net Natural Gas Production (Bcf/d) 2.8 Net Liquids Production (Bbl/d) 213,000 Net Daily C3+ NGL Production (Bbl/d) 125,000 Net Daily Ethane Production (Bbl/d) 80,000 Net Daily O
Slide 4: Antero Natural Gas Hedge Position
Antero Natural Gas Hedge Position Natural Gas Weighted Average (MMBtu/d) Index Price ($/MMBtu) July – December 2026 Volumetric Production Payment Swaps (VPP) (1) 32,000 $2.63 Note: Represents hedges related to the Overriding Royalty Interest (ORRI) transaction that was completed in the second quarte
Slide 5: Antero Natural Gas Hedge Position
Antero Natural Gas Hedge Position Natural Gas Weighted Average July – December 2026 Basis Hedges (MMBtu/d) Index Price ($/MMBtu) TCO 100,000 ($0.83) M2 430,000 ($0.97) Dom South 220,000 ($0.98) Natural Gas Weighted Average 2027 Basis Hedges (MMBtu/d) Index Price ($/MMBtu) TCO 75,000 ($0.78) M2 303,0
Slide 6: Updated Hedge Position
Updated Hedge Position Natural Gas Hedge Position (1)(2) (% of Forecast Natural Gas Production, as of July 29, 2026) 70% 62% Swaps Collars 60% 18% 50% 40% 34% 2% 30% 20% 44% 32% 10% 0% 2026 Hedges 2027 Hedges 2026 Volume Floor Ceiling 2027 Volume Floor Ceiling Collars 577 BBtu/d $3.27 $5.66 Collars