Antero Resources Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $674.6M | $93.7M | $297.3M | $2.00B | $-154.1M | $-1.26B | $-293.1M | $-45.7M |
| Depreciation & Amortization | $749.7M | $762.1M | $746.8M | $715.2M | $742.0M | $861.9M | $914.9M | $972.5M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $60.8M | $66.5M | $59.5M | $35.4M | $20.4M | $23.3M | $23.6M | $70.4M |
| Net Cash from Operating Activities | $1.63B | $849.3M | $994.7M | $3.05B | $1.66B | $735.6M | $1.10B | $2.08B |
| Investing Activities | ||||||||
| Capital Expenditures | $5.4M | $10.9M | $16.4M | $944.0M | $715.9M | $874.4M | $1.42B | $2.21B |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.08B | $-714.2M | $-1.14B | $-943.6M | $-710.8M | $-530.1M | $-1.04B | $-2.35B |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $136.4M | — | $75.4M | $873.7M | — | $43.4M | $38.8M | $129.1M |
| Net Cash from Financing Activities | $-343.1M | $-135.1M | $146.0M | $-2.11B | $-949.3M | $-205.6M | $557.6M | $240.3M |
| Net Change in Cash | $210.0M | $0 | $0 | $0 | $0 | $0 | $0 | $-28.4M |
| Free Cash Flow | $1.63B | $838.4M | $978.3M | $2.11B | $944.2M | $-138.7M | $-318.7M | $-128.6M |