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      "text": "There are significant limitations to using Consolidated Adjusted EBITDAX and Stand-Alone Adjusted EBITDAX as measures of performance, including the inability to analyze the effect of certain recurring and non-recurring items that materially affect the company's net income.",
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      "text": "are widely used by investors in the oil and gas industry to measure a company's operating performance without regard to items excluded from the calculation of such term; helps investors to more meaningfully evaluate and compare the results of Antero's operations; is used by management for various purposes, including as a measure of Antero's operating performance.",
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      "text": "The GAAP financial measure nearest to Consolidated Adjusted EBITDAX is net income or loss including non-controlling interest that will be reported in Antero's consolidated financial statements. The GAAP financial measure nearest to Stand-Alone Adjusted EBITDAX is Stand-alone net income or loss that will be reported in the Parent column of Antero's guarantor footnote to its financial statements.",
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