Antero Resources (NYSE: AR) reported Q1 EPS of $0.44, $0.06 better than the analyst estimate of $0.38.

• Net daily gas equivalent production averaged a record 2,376 MMcfe/d (26% liquids), an 11% increase over the prior year period
• Realized natural gas price averaged $3.14 per Mcf, a $0.14 per Mcf premium to the NYMEX natural gas price, before hedging
• Liquids production averaged 102,798 Bbl/d, a 4% increase over the prior year period, and contributed 35% of total product revenues before hedging
• Realized combined natural gas equivalent price of $3.56 per Mcfe before hedges, driven by a $0.42 per Mcfe uplift from liquids production
• Realized natural gas equivalent price of $4.04 per Mcfe after hedges
• Net income of $15 million, or $0.05 per diluted share, non-GAAP adjusted net income of $141 million, or $0.44 per diluted share, and non-GAAP Stand-Alone adjusted net income of $136 million
• Adjusted EBITDAX of $551 million and Stand-Alone adjusted EBITDAX of $488 million, a 51% and 52% increase over the prior year period, respectively
• Stand-Alone net debt to trailing twelve months adjusted EBITDAX declined to 2.5x
• 100% hedged on targeted 2018 and 2019 natural gas production at $3.50 per MMBtu

For earnings history and earnings-related data on Antero Resources (AR) click here.