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Antero Resources Corporation

AR

Energy

2

exclusion reasons

2 themes

Fossil Fuels (1) Environmental Harm (1)
AR Energy Current as of April 2026

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.

Upstream Fossil Fuels
Since Jul 28, 2021

Antero Resources Corporation is one of the largest independent natural gas and natural gas liquids producers in the United States, focused exclusively on the development and production of unconventional properties in the Appalachian Basin across West Virginia and Ohio. The company holds over 850,000 largely contiguous acres in the core of the Marcellus Shale, where it drills repeatable horizontal wells targeting natural gas and NGLs. Per the company's FY2024 results, net production averaged approximately 3.4 Bcfe per day, with 2025 guidance of 3.35 to 3.45 Bcfe/d. Antero's entire revenue base derives from upstream fossil fuel extraction, and the company has expanded its export footprint, facilitating the equivalent of 83 LNG cargoes to international markets in 2024. The company has announced no meaningful transition commitments away from hydrocarbon production.

Environmental Damage
Since Apr 14, 2016

Antero Resources is a major Appalachian natural gas producer. The company has faced multiple DOJ and EPA enforcement actions for Clean Water Act violations and air emissions that harmed public health in West Virginia.

Research Sources 2 organizations

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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.