Antero Resources Buying HG Energy For $2.8 Billion
By Amit Chowdhry ● Dec 9, 2025
Antero Resources has entered into a definitive agreement to acquire the upstream assets of HG Energy II for total consideration of $2.8 billion in cash, along with the assumption of HG Energy’s commodity hedge book. The transaction, subject to standard closing adjustments, is scheduled to close in the second quarter of 2026 and will be effective January 1, 2026. At the same time, Antero has agreed to sell its Ohio Utica Shale upstream assets for $800 million in cash, a deal expected to close in the first quarter of 2026 with an effective date of July 1, 2025.