Paul M. Rady is the CEO and Chairman of Antero Resources Corporation, where he has been leading since its early days in 2004. His experience in the oil and gas industry is extensive, having served in various roles including as...

Paul M. Rady is the CEO and Chairman of Antero Resources Corporation, where he has been leading since its early days in 2004. His experience in the oil and gas industry is extensive, having served in various roles including as CEO of Pennaco Energy before it was sold to Marathon Oil. Rady's leadership at Antero has helped the company navigate challenging market conditions, especially during fluctuating commodity prices. His vision led to a significant increase in production and a focus on returning capital to shareholders through buybacks. Notably, in 2022, Rady's management style was reflected in his performance-based compensation, which was over $1 million despite no bonus payout, emphasizing results over guarantees. In terms of insider trading, Rady has shown confidence in his company, with transactions reaching well over $600 million in values traded in recent years. This indicates a strong belief in Antero's future potential as he maintains significant personal holdings in the company.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

A

Paul M. Rady

Founder and CEO of Antero Midstream Corporation

Field of Expertise

Business & Management

Sector of Economy

Energy

CEO of Antero Midstream Corporation for

6 years 0 months (Mar 2019 - Present)

Previous Experience

Chief Executive Officer and Chairman of Antero Resources Corporation’s predecessor company from its founding in 2002 to its ultimate sale to XTO Energy, Inc. in 2005. Served as President, CEO and Chairman of Pennaco Energy from 1998 until its sale to Marathon in 2001. Worked with Barrett Resources from 1990 until 1998, moving from Chief Geologist to Exploration Manager, EVP Exploration; President, COO and Director; and ultimately CEO. Began his career with Amoco, where he served ten years as a geologist focused on the Rockies and Mid-Continent.

Rivals

Competitors/colleagues of Paul M. Rady

E

Kelcy L. Warren

Founder and CEO of Energy Transfer

2012 Compensation

Stock

$0.00

Salary

$425.00K

Bonus

$225.00K

Other

$1.17K

Total Holdings

$5.72B

T

Matthew J. Meloy

CEO of Targa Resources

2023 Compensation

Stock

$24.08M

Salary

$970.48K

Bonus

$2.33M

Other

$29.54K

Total Holdings

$134.17M

W

Alan S. Armstrong

CEO of Williams Companies

2023 Compensation

Stock

$27.11M

Salary

$1.39M

Bonus

$0.00

Other

$54.82K

Total Holdings

$152.08M

O

Pierce H. Norton II

CEO of Oneok

2023 Compensation

Stock

$813.39K

Salary

$835.00K

Bonus

$2.10M

Other

$336.99K

Total Holdings

$19.65M

O

Brendan McCracken

CEO of Ovintiv

2023 Compensation

Stock

$3.86M

Salary

$1.10M

Bonus

$2.54M

Other

$407.55K

Total Holdings

$7.62M

Holdings

See how much did Paul M. Rady make over time.

Paul M. Rady holds a substantial stake in Antero Resources Corporation, reflecting his confidence in the company's future. In the past few years, his trading activities have shown significant fluctuations, with holdings worth up to approximately $644 million in June...

Paul M. Rady holds a substantial stake in Antero Resources Corporation, reflecting his confidence in the company's future. In the past few years, his trading activities have shown significant fluctuations, with holdings worth up to approximately $644 million in June 2022. These values have seen steep increases and decreases, peaking in May 2022 with total holdings reaching $606.64 million. Rady’s ability to manage large sums suggests a strong commitment to the organization's vision and potential. As the stock market changed, he made substantial trades, indicating both his belief in the company and the influence of market conditions on his wealth. Rady had a significant presence in the company’s stock activity with trades involving millions in value consistently over the years, highlighting his strategic financial engagement.

Total Stock Sold

$1.02B

AR

$1.02B

18,433,379 AR shares

What if they kept their stock?

If Paul M. Rady didn't sell their stock, today they would have:
Extra AR18,433,379 shares worth $24.15M.
This is -97.63% and $993.73M less than what they got when they sold the stock.

Charitable Transactions

AR

1,700,000 shares

AR

Recent Charitable Transactions

AR

200,000 shares

AR

Dec 31, 2022

Charity

AR

1,500,000 shares

AR

Dec 31, 2018

Charity

Insider Trading

See recent insider trades of Paul M. Rady.

AR

296,032 shares

AR

Mar 7, 2025

Received

AR

197,429 shares

AR

Feb 25, 2025

Received

AR

186,081 shares

AR

Mar 7, 2024

Received

AR

235,480 shares

AR

Feb 28, 2024

Received

AR

209,505 shares

AR

May 9, 2023

Received

AR

192,604 shares

AR

Mar 7, 2023

Received

AR

142,857 shares

AR

Oct 19, 2022

Received

AR

141,592 shares

AR

May 5, 2022

Received

AR

134,637 shares

AR

Apr 15, 2022

Received

AR

200,000 shares

AR

Dec 31, 2022

Charity

Compensation History

See how much did Paul M. Rady make over time.

In 2023, Paul M. Rady earned a total compensation of about $1.22 million, primarily from his salary of $1.07 million, with no bonuses awarded that year. This indicates a commitment to long-term performance over short-term gains. His compensation structure reflects a philosophy designed to attract top-tier talent while aligning rewards with the company's performance metrics like operational efficiency and environmental responsibility. In previous years, his earnings were significantly higher, such as in 2022 where he took home nearly $1.84 million, including a notable performance bonus due to strong corporate results. The design of Rady's compensation plan emphasizes a long-term focus on driving company value, ensuring that his interests align closely with those of shareholders, particularly in a volatile industry like oil and gas.

Year

2023

Total Compensation

$1.08M

Salary

$1.07M

Board Justification

The compensation program is designed to attract and retain highly qualified individuals and align their interests with those of stockholders, focusing on performance-based compensation.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023.

Other

$14.75K

Board Justification

This includes the Company’s allocated portion of the amount of the Company’s 401(k) match for fiscal 2023.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the focus was on performance share units and restricted stock units that are subject to future vesting conditions.

Performance Metrics

The performance metrics for 2023 included operational strategy execution, Net Debt/EBITDAX, Total Net Debt, Cash Costs, and ESG factors.