AR — what changed in the latest 10-Q
A section-by-section comparison of AR's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-28 vs the prior 10-Q · 2026-07-29
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +39 | −55 | ~26 | 51 |
| Market risk (Item 3) | Text added/removed | +2 | −1 | ~7 | 3 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-28
The economy also continues to be impacted by the effects of global events. These events have often caused global supply chain disruptions with additional pressure due to trade sanctions, tariffs, other global trade restrictions and conflicts, including those in the Middle East and Venezuela, among o…
Lease operating expense. Lease operating expense per Mcfe increased 10% from $0.10 per Mcfe for the three months ended September 30, 2025 to $0.11 per Mcfe for the three months ended September 30, 2026 primarily due to higher wastewater trucking and disposal costs due to the timing of well completio…
Gathering, compression, processing and transportation expense. Gathering, compression, processing and transportation expense per Mcfe decreased 17% from $2.25 per Mcfe for the three months ended September 30, 2025 to $1.86 per Mcfe for the three months ended September 30, 2026 primarily due to the H…
●Gathering and compression costs decreased from $0.73 per Mcfe for the three months ended September 30, 2025 to $0.69 per Mcfe for the three months ended September 30, 2026, primarily due to lower gathering and compression expense on a per unit basis for the HG Acquisition properties and decreased f…
●Processing costs decreased from $0.92 per Mcfe for the three months ended September 30, 2025 to $0.80 per Mcfe for the three months ended September 30, 2026, primarily due to lower NGLs transportation fees related to the HG Acquisition properties between periods.
Text removed vs the prior filing · source: 10-Q · 2026-07-29
The economy also continues to be impacted by the effects of global events. These events have often caused global supply chain disruptions with additional pressure due to trade sanctions, tariffs, other global trade restrictions and conflicts,
including those in the Middle East and Venezuela, among others. While our supply chain has not experienced any significant interruptions as a result of such events, there can be no assurance that we will not experience interruptions in the future.
Amortization of deferred revenue, VPP. Amortization of deferred revenues associated with the VPP remained consistent at $6 million for the three months ended June 30, 2025 and 2026. Amortization of the deferred revenues associated with the VPP are recognized as the production volumes are delivered a…
Lease operating expense. Lease operating expense per Mcfe increased 8% from $0.12 per Mcfe for the three months ended June 30, 2025 to $0.13 per Mcfe for the three months ended June 30, 2026 primarily due to higher wastewater trucking and disposal costs due to the timing of well completions activity…
Gathering, compression, processing and transportation expense. Gathering, compression, processing and transportation expense per Mcfe decreased 12% from $2.25 per Mcfe for the three months ended June 30, 2025 to $1.99 per Mcfe, for the three months ended June 30, 2026 primarily due to the HG Acquisi…
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-10-28
commodity. As of September 30, 2026, our commodity derivatives included fixed swaps, basis swaps, collars and three-way collars, among others at index-based pricing for a portion of our production. See Note 11—Derivative Instruments to our unaudited condensed consolidated financial statements for ad…
Based on our production and our derivative instruments that settled during the nine months ended September 30, 2026, our revenues would have decreased by $85 million for each $0.10 decrease per MMBtu in natural gas prices and $1.00 decrease per Bbl in oil and NGLs prices, excluding the effects of ch…
Text removed vs the prior filing · source: 10-Q · 2026-07-29
Based on our production and our derivative instruments that settled during the six months ended June 30, 2026, our revenues would have decreased by $55 million for each $0.10 decrease per MMBtu in natural gas prices and $1.00 decrease per Bbl in oil and NGLs prices, excluding the effects of changes …
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice