Antero Resources Corporation

NYSE:AR Stock Report

Market Cap: US$10.0b

Antero Resources Management

Management criteria checks 4/4

Antero Resources' CEO is Mike Kennedy, appointed in Aug 2025, has a tenure of less than a year. total yearly compensation is $6.09M, comprised of 9.1% salary and 90.9% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth $27.69M. The average tenure of the management team and the board of directors is 5.5 years and 5.5 years respectively.

Key information

Mike Kennedy

Chief executive officer

US$6.1m

Total compensation

CEO salary percentage9.11%
CEO tenureless than a year
CEO ownership0.3%
Management average tenure5.5yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

Antero Resources: Valuation Looks More Attractive Now Despite Weaker Near-Term FCF Estimates (Rating Upgrade)

Aug 21

Antero Resources Corporation's (NYSE:AR) 26% Cheaper Price Remains In Tune With Revenues

Jul 22
Antero Resources Corporation's (NYSE:AR) 26% Cheaper Price Remains In Tune With Revenues

We Like These Underlying Return On Capital Trends At Antero Resources (NYSE:AR)

Jun 17
We Like These Underlying Return On Capital Trends At Antero Resources (NYSE:AR)

Why Investors Shouldn't Be Surprised By Antero Resources Corporation's (NYSE:AR) P/S

May 27
Why Investors Shouldn't Be Surprised By Antero Resources Corporation's (NYSE:AR) P/S

Antero Resources: Projected FCF Generation Remains Strong For 2025 (Rating Upgrade)

Apr 07

Antero Resources: Cycling Natural Gas Prices Create Buying Opportunities

Mar 18

Investors Interested In Antero Resources Corporation's (NYSE:AR) Revenues

Feb 24
Investors Interested In Antero Resources Corporation's (NYSE:AR) Revenues

Antero Resources: First Quarter Should Be Better Still

Feb 13

Returns On Capital Are Showing Encouraging Signs At Antero Resources (NYSE:AR)

Feb 01
Returns On Capital Are Showing Encouraging Signs At Antero Resources (NYSE:AR)

Antero Resources: 2025 Free Cash Flow May Reach $1.3 Billion

Jan 23

Antero Resources: Thank Goodness For Premium Prices And Declining Costs

Dec 30

Antero Resources Set For Growth

Dec 16

Antero Resources Corporation's (NYSE:AR) 26% Share Price Surge Not Quite Adding Up

Nov 22
Antero Resources Corporation's (NYSE:AR) 26% Share Price Surge Not Quite Adding Up

AR You Ready? Why I'm Super Bullish On Antero Resources

Nov 20

Antero Resources: Propane Export Premiums Offset Impact Of Weak Natural Gas Prices

Nov 01

Returns Are Gaining Momentum At Antero Resources (NYSE:AR)

Oct 27
Returns Are Gaining Momentum At Antero Resources (NYSE:AR)

Antero Resources Corporation's (NYSE:AR) Share Price Could Signal Some Risk

Sep 30
Antero Resources Corporation's (NYSE:AR) Share Price Could Signal Some Risk

Antero Resources: Time To Begin Following For A Long Position

Sep 16

Antero Resources: Expecting Improvements To Realized Natural Gas Prices

Sep 06
User avatar

Innovative Drilling And Market Dynamics Positioning For Revenue And Margin Growth

Accelerating drilling and completion efficiencies, alongside operational improvements, result in higher well productivity and cost reductions, enhancing revenue growth and margins.

Why I'm So Very Bullish On Antero Resources

Aug 17

Antero Resources: Natural Gas Surplus On The Wane

Aug 01

Antero Resources Is A Strong U.S. Natural Gas Play

Jul 15

Why Antero Resources Is One Of My Highest Conviction Ideas

Jun 09

Antero Resources: Starting To Look A Bit Overvalued At Long-Term $3.75 NYMEX Gas

May 19

Antero Resources: Increasing Premiums Combined With Tight-Fisted Cost Control

Apr 25

Antero Resources Poses A Strong Case For LNG Export Growth

Apr 16

Antero Resources Is A Buy Due To Passing The Crash Test

Apr 09

Antero Resources: Unexpected Transition

Mar 25

Antero Resources: Beyond The Natural Gas Price Implosion - Why I Remain Very Bullish

Feb 19

Antero Resources: Let Us Talk About Natural Gas And Winter

Jan 31

CEO Compensation Analysis

How has Mike Kennedy's remuneration changed compared to Antero Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

US$479m

Mar 31 2025n/an/a

US$242m

Dec 31 2024US$6mUS$555k

US$57m

Sep 30 2024n/an/a

-US$27m

Jun 30 2024n/an/a

US$11m

Mar 31 2024n/an/a

US$8m

Dec 31 2023US$6mUS$541k

US$198m

Sep 30 2023n/an/a

US$878m

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$2b

Dec 31 2022US$9mUS$479k

US$2b

Sep 30 2022n/an/a

US$2b

Jun 30 2022n/an/a

US$961m

Mar 31 2022n/an/a

-US$328m

Dec 31 2021US$2mUS$362k

-US$187m

Sep 30 2021n/an/a

-US$1b

Jun 30 2021n/an/a

-US$1b

Mar 31 2021n/an/a

-US$945m

Dec 31 2020US$4mUS$291k

-US$1b

Sep 30 2020n/an/a

-US$2b

Jun 30 2020n/an/a

-US$2b

Mar 31 2020n/an/a

-US$2b

Dec 31 2019US$1mUS$287k

-US$340m

Sep 30 2019n/an/a

US$21m

Jun 30 2019n/an/a

US$745m

Mar 31 2019n/an/a

US$566m

Dec 31 2018US$2mUS$384k

-US$398m

Compensation vs Market: Mike's total compensation ($USD6.09M) is below average for companies of similar size in the US market ($USD13.61M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.

CEO

Mike Kennedy (50 yo)

less than a year
Tenure
US$6,089,852
Compensation

Mr. Michael N. Kennedy, also known as Mike, has been the President and CEO at Antero Midstream Corporation since August 14, 2025 and was its Senior Vice President of Finance since April 30, 2021 and serves...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Kennedy
CEO, President & Directorless than a yearUS$6.09m0.28%
$ 27.7m
Paul Rady
Co-Founder & Chairman Emeritus23.3yrsUS$14.16m4.64%
$ 465.0m
Yvette Schultz
Chief Compliance Officer8.7yrsUS$3.79m0.033%
$ 3.3m
Brendan Krueger
CFO, Senior VP of Finance & Treasurer5.8yrsno data0.040%
$ 4.0m
Jon McEvers
Senior Vice President of Operations2.6yrsno datano data
Sheri Pearce
Senior VP of Accounting & Chief Accounting Officer5.3yrsno data0.020%
$ 2.1m
Steven Woodward
Senior Vice President of Business Development9.7yrsno datano data
W. Ash
Senior Vice President of Reserves6.3yrsUS$7.11mno data
Timothy J. Rady
Senior Vice President of Land3.5yrsno datano data
Maria Henry
Senior Vice President of Geology3.5yrsno datano data
David Cannelongo
Senior Vice President of Liquids Marketing & Transportation6.8yrsno datano data
Justin B. Fowler
Senior Vice President of Gas Marketing & Transportation3.5yrsno datano data
5.5yrs
Average Tenure
50yo
Average Age

Experienced Management: AR's management team is seasoned and experienced (5.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Kennedy
CEO, President & Directorless than a yearUS$6.09m0.28%
$ 27.7m
Paul Rady
Co-Founder & Chairman Emeritusless than a yearUS$14.16m4.64%
$ 465.0m
William Keenan
Independent Director21.7yrsUS$329.95k0.12%
$ 11.9m
Jeffrey Munoz
Independent Directorless than a yearUS$29.38k0.0014%
$ 135.3k
Thomas Tyree
Independent Director5.9yrsUS$337.45k0.032%
$ 3.2m
Vasiliki Sutil
Independent Director5.9yrsUS$339.95k0.032%
$ 3.2m
Brenda Schroer
Independent Director4.4yrsUS$346.45k0.010%
$ 1.0m
Benjamin Hardesty
Independent Chairman & Lead Independent Director11.9yrsUS$384.95k0.057%
$ 5.7m
Jacqueline Mutschler
Independent Director5.5yrsUS$344.95k0.021%
$ 2.1m
5.5yrs
Average Tenure
63.5yo
Average Age

Experienced Board: AR's board of directors are considered experienced (5.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/03 04:26
End of Day Share Price 2025/09/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Antero Resources Corporation is covered by 57 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph AllmanBaird
Wei JiangBarclays
Jeffrey RobertsonBarclays