ANTERO RESOURCES Corp (AR) [Rocket]

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
Revenues:
Exploration and production	3,900.5	1,810.0	4,113.7	2,287.9	3,423.6	1,353.0	3,761.4	2,645.1
Marketing	718.9	310.6	292.2	553.0	258.0	393.0	176.2	53.6
Other		1,371.2	2.8	1,298.7			17.2	21.9
Total revenues	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%
Exploration and production	115.5%	-56.0%	79.8%	-33.2%	153.0%	-64.0%	42.2%	101.4%
Marketing	131.5%	6.3%	-47.2%	114.3%	-34.3%	123.0%	228.8%
Gathering and compression						33.5%	140.8%	328.1%
Cost of goods sold	3,425.7	3,125.1	4,161.3	2,179.0	1,585.6	1,441.6	659.4	461.4
Gross profit	1,193.8	366.6	247.4	1,960.6	2,070.0	302.9	3,295.5	2,259.2
Gross margin	25.8%	10.5%	5.6%	47.4%	56.6%	17.4%	83.3%	83.0%
Selling, general and administrative [+]	339.6	234.0	303.8	366.8	345.7	305.9	787.3	461.5
Sales and marketing							475.3	157.0
General and administrative [+]	339.6	234.0	303.8	366.8	345.7	305.9	312.0	304.5
General and administrative expenses	145.0	134.5	178.7	240.3	251.2	239.3	233.7	304.5
Operating taxes	197.9	106.8	125.1	126.5	94.5	66.6	78.3	87.9
Other selling, general and administrative
Equity in earnings	-77.1	62.7	143.2	-40.3	-20.2	0.5
Other operating expenses [+]	-4.3	-14.3	-1,420.1				-96.2	-19.9
Exploration expenses							3.8	27.9
EBITDA [+]	781.4	209.5	1,506.8	1,553.5	1,704.1	-2.5	2,604.4
EBITDA growth	273.0%	-86.1%	-3.0%	-8.8%	-68046.9%	-100.1%	94.4%	292.6%
EBITDA margin	16.9%	6.0%	34.2%	37.5%	46.6%	-0.1%	65.9%	49.2%
Depreciation and amortization	742.0	861.9	914.9	972.5	824.6	809.9	709.8
EBIT [+]	39.4	-652.4	592.0	581.1	879.5	-812.4	1,894.6	1,339.7
EBIT growth	-106.0%	-210.2%	1.9%	-33.9%	-208.3%	-142.9%	41.4%	292.6%
EBIT margin	0.9%	-18.7%	13.4%	14.0%	24.1%	-46.6%	47.9%	49.2%
Non-recurring items [+]	92.6	238.4	1,435.8	549.4	159.6	162.9	104.3	40.0
Asset impairment	90.5	223.8	14.8	549.4	159.6	162.9	104.3
Loss (gain) on sale of assets	-2.2	0.3	1.0					40.0
Interest expense	181.9	199.9	228.1	286.7	268.7	253.6	234.4	160.1
Interest expense	181.9	199.9	228.1	286.7	268.7	253.6	234.4	160.1
Other income (expense), net [+]	6.9	-567.2	704.7	80.6	38.9	-17.0		-20.4
Gain (loss) on debt retirement	-93.2	176.0	36.4		-1.5	-17.0		-20.4
Gain (loss) on derivative instruments	-1,936.5	79.9	464.0	-87.6	658.3	-514.2	2,381.5	868.2
Other	1.0	2.8	4.2					-180.4
Pre-tax income	-228.2	-1,657.9	-367.2	-174.6	490.1	-1,245.8	1,555.9	1,119.3
Income taxes	-74.1	-397.5	-74.1	-128.9	-295.1	-496.4	575.9	445.7
Tax rate	32.5%	24.0%	20.2%	73.8%		39.8%	37.0%	39.8%
Minority interest	32.8	7.5	47.0	351.8	170.1	99.4	38.6	2.2
Earnings from continuing ops	-186.9	-1,267.9	-340.1	-397.5	615.1	-848.8	941.4	671.4
Earnings from discontinued ops								2.2
Net income	-186.9	-1,267.9	-340.1	-397.5	615.1	-848.8	941.4	673.6
Net margin	-4.0%	-36.3%	-7.7%	-9.6%	16.8%	-48.7%	23.8%	24.8%

Basic EPS [+]	($0.61)	($4.65)	($1.11)	($1.26)	$1.95	($2.88)	$3.43	$2.56
Growth	-87.0%	319.2%	-11.7%	-164.5%	-167.8%	-183.8%	34.0%	-2875.7%
Diluted EPS [+]	($0.61)	($4.65)	($1.11)	($1.26)	$1.94	($2.88)	$3.43	$2.56
Growth	-87.0%	319.2%	-11.7%	-164.7%	-167.6%	-183.8%	34.0%	-2875.6%


Shares outstanding (basic) [+]	308.1	272.4	306.4	316.0	315.4	294.9	274.1	262.1
Growth	13.1%	-11.1%	-3.0%	0.2%	6.9%	7.6%	4.6%	0.0%
Shares outstanding (diluted) [+]	308.1	272.4	306.4	316.0	316.3	294.9	274.1	262.1
Growth	13.1%	-11.1%	-3.0%	-0.1%	7.2%	7.6%	4.6%	0.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.