v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents   $ 180,435
Restricted cash   82,500
Income tax receivable $ 1,896 1,896
Current assets held for sale   4,600
Other current assets 2,804 2,669
Total current assets 154,942 379,864
Long-term assets:    
Property and equipment, net 3,931,657 3,454,572
Investments in unconsolidated affiliates 580,970 585,778
Customer relationships 1,682,303 1,074,087
Operating leases right-of-use assets 46,156  
Assets held for sale   379,036
Other assets, net 9,836 10,779
Total assets 6,405,864 5,884,116
Current liabilities:    
Accrued liabilities 117,576 91,527
Short-term lease liabilities 13,176  
Current liabilities held for sale   2,297
Other current liabilities 1,633 1,924
Total current liabilities 157,250 111,482
Long-term liabilities:    
Long-term debt 3,665,937 3,222,530
Deferred income tax liability, net 600,634 562,996
Long-term lease liabilities 33,415  
Liabilities held for sale   3,021
Other 12,179 12,046
Total liabilities 4,469,415 3,912,075
Stockholders' equity:    
Preferred stock
Common stock, $0.01 par value; 2,000,000 authorized; 474,060 and 475,028 issued and outstanding as of December 31, 2025 and March 31, 2026, respectively 4,750 4,741
Additional paid-in capital 1,827,496 1,952,524
Retained earnings 104,203 14,776
Total stockholders' equity 1,936,449 1,972,041
Total liabilities and stockholders' equity 6,405,864 5,884,116
Antero Resources    
Current assets:    
Accounts receivable 147,086 106,771
Current liabilities:    
Accounts payable 9,003 5,366
Third party    
Current assets:    
Accounts receivable 3,156 993
Current liabilities:    
Accounts payable 15,862 10,368
Series A Preferred Stock    
Stockholders' equity:    
Preferred stock

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