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Antero Resources
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May 2024 Natural Gas Fundamentals Presentation
| Paul Rudy | Page 9 of 11 |
May 19, 2024
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"May 2024 Natural Gas Fundamentals Presentation"
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Antero Resources (NYSE: AR) Natural Gas Dominates Power Generation Mix In 2023, natural gas power generation demand grew by more than 2.0 Bcf/d, or 6% from the prior year, while all other categories declined by a total of ~3.0 Bcf/d Source: EIA Power numbers on a natural gas equivalent basis. 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 Nat Gas Coal Nuclear Wind Water Solar Other 2019 2020 2021 2022 2023 Power Generation Mix (Bcf/d) 9