Antero Resources Corporation (AR) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to the Antero Resources Corporation fourth quarter 2025 earnings call. And 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. Please note that this conference is being recorded. I will now turn the conference over to your host, Dan Kassenberg. Finance Director. Thank you. Please go ahead. Thank you for joining us for Intero's fourth quarter 2025 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 interoresources.com, where we have provided a separate earnings call presentation that will be reviewed during today's calls. Today's call may contain certain non-GAAP financial measures. Please refer to our earnings press release for important disclosures regarding such measures. Joining me on the call today are Michael Kennedy, CEO and President, Brendan Krueger, CFO, Dave Candelago, Senior Vice President of Liquids Marketing and Transportation, and Justin Fowler, Senior Vice President of Natural Gas Marketing. I will now turn the call over to Mike. Thank you, Dan, and good morning, everyone. I'd like to start my comments by recognizing the outstanding performance from both our upstream and midstream operation teams during the recent winter storm event. Despite sub-zero temperatures and significant snowfall, we did not experience any shut-in volumes during the period. In fact, our team was able to turn in line a seven-well pad during that time. A truly remarkable achievement by our people in the field enabling A...