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v3.25.3

Equity Method Investment (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024 | Dec. 31, 2024
Investments in unconsolidated affiliates |  |  |  |  |
Equity in earnings of unconsolidated affiliates | $ 29,055 | $ 25,634 | $ 88,279 | $ 69,862 |
Dividends from unconsolidated affiliate |  |  | $ (93,941) | $ (93,883) |
Antero Midstream Corporation |  |  |  |  |
Equity Method Investment |  |  |  |  |
Ownership percentage | 29.00% |  | 29.00% |  | 29.00%
Investments in unconsolidated affiliates |  |  |  |  |
Balance at beginning of period |  |  | $ 231,048 |  |
Equity in earnings of unconsolidated affiliates |  |  | 88,279 |  |
Dividends from unconsolidated affiliate |  |  | (93,941) |  |
Elimination of intercompany profit |  |  | 31,110 |  |
Balance at end of period | $ 256,496 |  | 256,496 |  |
Fair value of investment | $ 2,700,000 |  | $ 2,700,000 |  | $ 2,100,000

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