Dec 8 (Reuters) - Antero Resources (AR.N) , opens new tab said on Monday it would buy privately held HG Energy in a deal valued at $2.8 billion, as the U.S. natural gas producer looks to expand its footprint.

The acquisition aims to add reserves at a time when U.S. natural gas futures have jumped to almost three-year highs, supported by winter heating demand, heavy LNG exports and accelerating consumption from AI-driven data centres and other power-hungry industries.

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U.S. natural gas futures were over $5 per million British thermal units last week, their highest in nearly three years.

The deal is expected to close in the first half of 2026, subject to regulatory approvals.

https://www.reuters.com/business/energy/antero-acquire-privately-held-hg-energy-28-billion-deal-2025-12-08/