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Antero Resources (AR)
NYSE:AR
Holding AR?
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AR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$20.10 - $36.28
Previous Close$27.25
Volume989.78K
Average Volume (3M)3.46M
Market Cap
$8.44B
Enterprise Value$10.27B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.59B
Price to Earnings (P/E)101.8
Beta0.98
Next Earnings
Oct 23, 2024EPS Estimate
$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.27
Shares Outstanding311,007,000
10 Day Avg. Volume3,642,944
30 Day Avg. Volume3,460,433
Standard Deviation0.45
R-Squared0.15
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)1.21
Price to Sales (P/S)1.99
Price to Cash Flow (P/CF)14.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.32
Enterprise Value/Gross Profit15.35
Enterprise Value/Ebitda27.22
Forecast
1Y Price Target
$34.92Price Target Upside28.74% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Antero Resources News
Bulls Say, Bears Say
Bulls Say
Business StrategyAntero's very high liquids content offers some nice diversification in weak gas markets, with its production stream being ~35% NGLs, the highest percentage in the sector.
Financial PerformanceAntero Resources' sector-low breakeven at $1.90/mcf and a 10-year inventory can support fair value around $37 per share, implying competitive upside.
Operational EfficiencyImprovements in capital efficiency were cited as the primary reason for the increase in production guidance.
Bears Say
Cash ReturnsA modest cash outspend likely limits cash returns in the quarter.
Natural Gas PricingThe quarter was impacted by lower natural gas prices.
Operating CostsAntero incurs ~$0.62 per Mcfe in transportation costs to move its gas out of basin, making its total operating costs nearly double its peers.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
AR FAQ
What was Antero Resources’s price range in the past 12 months?
Antero Resources lowest stock price was $20.10 and its highest was $36.27 in the past 12 months.
What is Antero Resources’s market cap?
Currently, no data Available
When is Antero Resources’s upcoming earnings report date?
Antero Resources’s upcoming earnings report date is Oct 23, 2024 which is in 33 days.
How were Antero Resources’s earnings last quarter?
Antero Resources released its earnings results on Jul 31, 2024. The company reported -$0.193 earnings per share for the quarter, missing the consensus estimate of -$0.177 by -$0.016.
Is Antero Resources overvalued?
According to Wall Street analysts Antero Resources’s price is currently Undervalued.
Does Antero Resources pay dividends?
Antero Resources does not currently pay dividends.
What is Antero Resources’s EPS estimate?
Antero Resources’s EPS estimate is $0.02.
How many shares outstanding does Antero Resources have?
Antero Resources has 311,007,000 shares outstanding.
What happened to Antero Resources’s price movement after its last earnings report?
Antero Resources reported an EPS of -$0.193 in its last earnings report, missing expectations of -$0.177. Following the earnings report the stock price went down -0.861%.
Which hedge fund is a major shareholder of Antero Resources?
Among the largest hedge funds holding Antero Resources’s share is Appaloosa Management LP. It holds Antero Resources’s shares valued at 60M.
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Antero Resources Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$34.92 (28.74% Upside)
$34.92 (28.74% Upside)
Blogger Sentiment
Bullish
AR Sentiment 93%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 1.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 2.1%
Last 30 Days ▲ 0.7%
Last 30 Days ▲ 0.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
5.13%
12-Months-Change
Fundamentals
Return on Equity
1.21%
Trailing 12-Months
Asset Growth
-2.55%
Trailing 12-Months
Company Description
Antero Resources
Antero Resources Corp. is an independent oil and natural gas company. It engages in the exploration, development, and production of natural gas, NGLs, and oil. The firm focuses on marketing and utilization of excess firm transportation capacity, and equity method investment in Antero Midstream Corporation. The company was founded by Paul M. Rady and Glen C. Warren, Jr. in June 2002 and is headquartered in Denver, CO.
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AR Company Deck
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AR Earnings Call
Q2 2024
0:00 / 0:00
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AR Revenue Breakdown
95.60% Exploration and Production
22.25% Equity Method Investment in Antero Midstream Corporation
4.40% Marketing
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AR Stock 12 Month Forecast
Average Price Target
$34.92
▲(28.74% Upside)
Technical Analysis
Best Analysts Covering AR
1 Year
1 Year Success Rate
7/11 ratings generated profit
1 Year Average Return
+5.91%
reiterated a buy rating 5 days ago
Copying Lloyd Byrne's trades and holding each position for 1 Year would result in 63.64% of your transactions generating a profit, with an average return of +5.91% per trade.
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