Antero Resources posts investor presentation outlining plan to cut cash costs to $2/Mcfe by 2028

Antero Resources Corporation

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Antero Resources outlined a post-2025 strategy shift toward optimizing its Marcellus position, with a focus on West Virginia core consolidation.
Targets more than $0.70/Mcfe cash cost reduction by year-end 2028 from 2025, bringing cash costs to $2/Mcfe.
Plans more than $0.35/Mcfe EBITDAX margin expansion by year-end 2028 from 2025, lifting annual EBITDAX and free cash flow by about $300 million.
2026 guidance: net production 4 Bcfe/d, natural gas 2 Bcf/d, liquids 213 MBbl/d; D&C capital expenditures USD 1 billion.
Highlights lower cash flow volatility, with 27% of 2026 production exposed to natural gas pricing versus 41% for peers.

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