Antero Resources Corporation: Initiation Of Coverage – What Is Its Core Business Strategy & The Impact Of Exposure To High NGL Price? 

Antero Resources has experienced a transformational year in its operating performance in 2023. The firm has set multiple records within its Drilling and Completions teams, resulting in significantly shorter cycle times and higher capital efficiency. These improvements have allowed their drilling and completion capital to expect a reduction of over 25% compared to the previous year. New operational efficiencies and increases in well productivity have led to a reduction in maintenance capital budget, showcasing Antero’s flexibility within the energy sector.