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Equity Method Investment (Tables) | 9 Months Ended
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Sep. 30, 2025
Antero Midstream Corporation |
Equity Method Investment |
Schedule of reconciliation of investments in unconsolidated affiliate | The following table sets forth a reconciliation of Antero’s investment in unconsolidated affiliate (in thousands):
​ | ​ | ​ | ​ | ​
Balance as of December 31, 2024 (1) | ​ | $ | 231,048 | ​
Equity in earnings of unconsolidated affiliate | ​ | ​ | 88,279 | ​
Dividends from unconsolidated affiliate | ​ | ​ | (93,941) | ​
Elimination of intercompany profit | ​ | ​ | 31,110 | ​
Balance as of September 30, 2025 (1) | ​ | $ | 256,496 | ​
(1) | The fair value of the Company’s investment in Antero Midstream as of December 31, 2024 and September 30, 2025 was $2.1 billion and $2.7 billion, respectively, based on the quoted market share price of Antero Midstream.

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