Antero Resources Corporation (AR) Q3 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to Antero Resources Q3 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Brendan Kruger, Chief Financial Officer of Antero and Vice President of Finance. Thank you. Good morning, everyone. Thank you for joining us for Antero's third quarter 2023 investor conference call. We'll spend a few minutes going through the financial and operating highlights, and then we'll open it up for Q&A. I would also like to direct you to the homepage of our website at www.anteroresources.com where we have provided a separate earnings call presentation that will be reviewed during today's call. Today's call may contain certain non-GAAP financial measures. Please refer to our earnings press release for important disclosures regarding such measures, including reconciliations to the most comparable GAAP financial measures. Joining me on the call today are Paul Rady, Chairman, CEO, and President, Michael Kennedy, CFO, Dave Canalongo, Senior Vice President of Liquid Marketing and Transportation, and Justin Fowler, Senior Vice President of Natural Gas Marketing. I will now turn the call over to Paul. Thank you, Brendan. I'll start my comments on slide number three, titled Drilling and Completion Efficiencies. After a record-breaking first half of 2023 operationally, We continued to build on this momentum during the third quarter. As an example, our completion pumping hours per day increased to over 17 hours per day, up nearly 50% from a year ago....