Antero Resources (FRA:7A6) COGS-to-Revenue : 0.88 (As of Mar. 2024)

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What is Antero Resources COGS-to-Revenue?

Antero Resources's Cost of Goods Sold for the three months ended in Mar. 2024 was €858 Mil. Its Revenue for the three months ended in Mar. 2024 was €973 Mil.

Antero Resources's COGS to Revenue for the three months ended in Mar. 2024 was 0.88.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Antero Resources's Gross Margin % for the three months ended in Mar. 2024 was 11.81%.

Antero Resources COGS-to-Revenue Historical Data

The historical data trend for Antero Resources's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Antero Resources COGS-to-Revenue Chart

Antero Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.91

1.17

0.61

0.44

0.84

Antero Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.73	1.01	0.86	0.82	0.88

Antero Resources COGS-to-Revenue Calculation

Antero Resources's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3310.021	/	3923.819
	=	0.84

Antero Resources's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	858.014	/	972.962
	=	0.88

Antero Resources (FRA:7A6) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Antero Resources's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	858.014 / 972.962
	=	11.81 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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Antero Resources (FRA:7A6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Antero Resources Corp (FRA:7A6) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

AR:USA

Address

1615 Wynkoop Street, Denver, CO, USA, 80202

Website

https://www.anteroresources.com

Antero Resources, based in Denver, engages in the exploration for and production of natural gas and natural gas liquids in the United States and Canada. At the end of 2022, the company reported proven reserves of 17.8 trillion cubic feet of natural gas equivalent. Production averaged approximately 3,205 million cubic feet of equivalent a day in 2022 at a ratio of 32% liquids and 68% natural gas.

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