Antero ResourcesAR
Market Cap: $7.92B
About: Antero Resources, based in Denver, engages in the exploration for and production of natural gas and natural gas liquids in the United States and Canada. At the end of 2023, the company reported proven reserves of 18.1 trillion cubic feet of natural gas equivalent. Production averaged approximately 3,483 million cubic feet of equivalent a day in 2023 at a ratio of 37% liquids and 63% natural gas.
Employees: 604
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
90% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 40
47% more call options, than puts
Call options by funds: $214M | Put options by funds: $145M
9% more funds holding
Funds holding: 385 [Q1] → 421 (+36) [Q2]
9% more capital invested
Capital invested by funds: $7.75B [Q1] → $8.43B (+$682M) [Q2]
6% more funds holding in top 10
Funds holding in top 10: 18 [Q1] → 19 (+1) [Q2]
1% less repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 143
4.28% less ownership
Funds ownership: 88.21% [Q1] → 83.93% (-4.28%) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Goldman Sachs Neil Mehta 36% 1-year accuracy 9 / 25 met price target | 26%upside $32 | Buy Maintained | 6 Sept 2024 |
Roth MKM Leo Mariani 9% 1-year accuracy 1 / 11 met price target | 26%upside $32 | Buy Initiated | 27 Aug 2024 |
Scotiabank Cameron Bean 42% 1-year accuracy 5 / 12 met price target | 73%upside $44 | Sector Outperform Upgraded | 20 Aug 2024 |
Wells Fargo Roger Read 29% 1-year accuracy 22 / 76 met price target | 34%upside $34 | Overweight Maintained | 14 Aug 2024 |
Wells Fargo Roger Read 29% 1-year accuracy 22 / 76 met price target | 49%upside $38 | Overweight Maintained | 17 Jul 2024 |
Financial journalist opinion
Based on 4 articles about AR published over the past 30 days