Antero Resources acquires Marcellus assets for $2.8B, divests Utica assets for $1.2B

Summary

Antero Resources acquires HG Energy's upstream assets in the Marcellus for $2.8 billion and divests its Ohio Utica position for $1.2 billion. The transactions increase Antero's production by 25% and streamline its portfolio. The total U.S. upstream M&A in Q4 2025 reaches nearly $19 billion, with gas transactions contributing $6.6 billion.

Recent Coverage

• Antero Swaps Utica for Marcellus with HG Buy, Divestment to Infinity

  Enverus Blog • Dec 8

• Antero’s Utica Assets Draw Market Interest

  Rextag • Sep 19