Antero Resources (AR) reported Q2 earnings Wednesday, posting record net production of 4.14 billion cubic feet equivalent per day, up 21% from 3.43 Bcfe/d a year earlier.
Natural gas production totaled 259 Bcf for the quarter ended June 30, up from 203 Bcf a year earlier. Average daily natural gas production was 2.85 Bcf/d.
C3+ natural gas liquids production totaled 11.02 million barrels for the quarter, up from 10.61 million barrels a year earlier. Average daily C3+ natural gas liquids production was 121,132 bbl/d for Q2 2026.
C2 ethane production totaled 7.90 million barrels for the quarter, up from 6.92 million barrels a year earlier. Average daily C2 ethane production was 86,769 bbl/d.
Antero raised its full-year 2026 production guidance to 4.15 Bcfe/d to 4.20 Bcfe/d and expects Q3 production of 4.25 Bcfe/d to 4.30 Bcfe/d. The company expects Q4 production of 4.40 Bcfe/d to 4.50 Bcfe/d.
The company expanded its Marcellus footprint in July by acquiring properties for about $315 million. The assets add roughly 125 MMcfe/d of net production and 15 net drilling locations, according to Antero.