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In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenue and other: | | | | | | | | |
Revenue | 4,619.4 | 3,491.7 | 4,408.7 | 4,139.6 | 3,655.6 | 1,744.5 | 3,954.9 | 2,720.6 |
Revenue growth | 32.3% | -20.8% | 6.5% | 13.2% | 109.5% | -55.9% | 45.4% | 107.2% |
Commodity derivative fair value losses | -1,936.5 | 79.9 | 464.0 | -87.6 | 658.3 | -514.2 | 2,381.5 | 868.2 |
Amortization of deferred revenue, VPP | 45.2 | 14.5 | | | | | | |
Other income (loss) | 1.0 | 2.8 | 4.2 | | | | | -180.4 |
Total revenue | 4,619.4 | 3,491.7 | 4,408.7 | 4,139.6 | 3,655.6 | 1,744.5 | 3,954.9 | 2,720.6 |
Total revenue growth | 32.3% | -20.8% | 6.5% | 13.2% | 109.5% | -55.9% | 45.4% | 107.2% |
Operating expenses: | | | | | | | | |
Lease operating | 96.8 | 98.9 | 145.7 | | | | | |
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Cost of goods and services sold | | | | | | | | |
Production and ad valorem taxes | 197.9 | 106.8 | 125.1 | 126.5 | 94.5 | 66.6 | 78.3 | 87.9 |
General and administrative | 145.0 | 134.5 | 178.7 | 240.3 | 251.2 | 239.3 | 233.7 | 304.5 |
Depletion, depreciation, and amortization | 742.0 | 861.9 | 914.9 | 972.5 | 824.6 | 809.9 | 709.8 | 477.9 |
Impairment of oil and gas properties | 90.5 | 223.8 | 14.8 | 549.4 | 159.6 | 162.9 | 104.3 | |
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Impairment of midstream assets | | | | | | | | |
Accretion of asset retirement obligations | 3.8 | 3.4 | 3.8 | 2.8 | 2.6 | 2.5 | 1.7 | |
(Gain) loss on sale of assets | -2.2 | 0.3 | 1.0 | | | | | 40.0 |
Total operating expenses | 4,595.6 | 4,445.1 | 5,395.7 | 4,067.7 | 2,915.5 | 2,720.3 | 4,429.2 | 2,889.6 |
Operating income (loss) | 23.9 | -953.4 | -987.0 | 71.9 | 740.1 | -975.8 | 1,790.3 | 1,299.7 |
Operating margin | 0.5% | -27.3% | -22.4% | 1.7% | 20.2% | -55.9% | 45.3% | 47.8% |
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Other income (expense): | | | | | | | | |
Equity in earnings of unconsolidated affiliates | -77.1 | 62.7 | 143.2 | -40.3 | -20.2 | 0.5 | | |
Loss on early extinguishment of debt | -93.2 | 176.0 | 36.4 | | -1.5 | -17.0 | | -20.4 |
Loss on convertible note equitizations | -50.8 | | | | | | | |
Total other expense | -252.0 | -704.4 | 619.8 | -246.5 | -250.0 | -270.0 | -234.4 | -180.4 |
Income (loss) before income taxes | -228.2 | -1,657.9 | -367.2 | -174.6 | 490.1 | -1,245.8 | 1,555.9 | 1,119.3 |
Income tax benefit (expense) | 74.1 | 397.5 | 74.1 | 128.9 | 295.1 | 496.4 | -575.9 | -445.7 |
Net income (loss) and comprehensive income (loss) including noncontrolling interests | -154.1 | -1,260.4 | -293.1 | -45.7 | 785.1 | -749.4 | 980.0 | 675.8 |
Less: net income (loss) and comprehensive income (loss) attributable to noncontrolling interests | 32.8 | 7.5 | 47.0 | 351.8 | 170.1 | 99.4 | 38.6 | 2.2 |
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation | -186.9 | -1,267.9 | -340.1 | -397.5 | 615.1 | -848.8 | 941.4 | 673.6 |
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Income (loss) per share-basic (in dollars per share) | ($0.61) | ($4.65) | ($1.11) | ($1.26) | $1.95 | ($2.88) | | $2.57 |
Income (loss) per share-diluted (in dollars per share) | ($0.61) | ($4.65) | ($1.11) | ($1.26) | $1.94 | ($2.88) | | $2.57 |
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Weighted average number of shares outstanding: | | | | | | | | |
Basic (in shares) | 308.1 | 272.4 | 306.4 | 316.0 | 315.4 | 294.9 | 274.1 | 262.1 |
Diluted (in shares) | 308.1 | 272.4 | 306.4 | 316.0 | 316.3 | 294.9 | 274.1 | 262.1 |
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