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Antero Touts Record Liquids Output in Q4; 86,857 Bbl/d
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Antero Resources detailed its Q4 2016 results.
Fourth Quarter Highlights Include: Net daily gas equivalent production averaged a record 1,990 MMcfe/d (26% liquids), a 33% increase over the prior year quarter This includes a record 86,857 Bbl/d of liquids production, a 59% increase over the prior year quarter Liquids production contributed 30% of total product revenues, before hedging Realized $0.07 per Mcf premium to Nymex natural gas price before hedging, or $3.05 per Mcf Realized C3+ NGL price of $25.22 per barrel, 51% of Nymex WTI price before hedging Realized natural gas equivalent price of $4.26 per Mcfe including NGLs, oil and hedges GAAP net loss of $486 million, or $(1.55) per share including $829 million of unrealized hedge losses, compared to net income of $158 million…- ✓ Full news archive — U.S., Canada & international coverage
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