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Antero Resources vs Permian Resources

Antero Resources and Permian Resources are similar in size: $5.28bn and $5.07bn of revenue in their latest fiscal years. Antero Resources grew faster (22.0% against 1.3%). Permian Resources kept more of each dollar of sales as profit: a net margin of 18.5% against 12.0%.

Latest fiscal yearAntero ResourcesAR, 2025Permian ResourcesPR, 2025
Revenue $5.28bn $5.07bn
Revenue growth 22.0% 1.3%
Net income $634m $935m
Operating margin — 28.9%
Net margin 12.0% 18.5%
Return on equity 8.7% 9.6%
Free cash flow $1.38bn $2.54bn
Cash $210m $154m
Total debt $1.40bn $3.55bn
Debt to equity — 34.5%
Dividend per share — $0.60
Dividend yield — 2.7%
Share buybacks $136m —
Employees 632 515
Market value $12.48bn $18.46bn
Price vs our value range Below our value range Below our value range
Moat score 41 (Weak) 56 (Moderate)
Insider trades, 12 months 2 buys, 8 sales 0 buys, 28 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.