A
AR
ARUnverified3 segments tracked|6 years of data|Annual (10-K)
Total Revenue
$5.4B5.1%
FY2024
Operating Segments
3Active segments
Blended Margin
12.1%Operating margin
Highest Margin
59.6%Antero Midstream
Segment Shift
Antero Midstream has grown from 15.2% to 20.4% of total revenue since FY2019, with 59.6% operating margins.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2024
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Exploration And Production | $4.1B | $66M | 1.6% | 76.3% | -7.4% |
| Antero Midstream | $1.1B | $659M | 59.6% | 20.4% | +6.2% |
| Marketing | $179M | $-66M | -36.8% | 3.3% | -13.1% |
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