Antero Resources
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 Q3 regulatory filings by fund managers ($100M+ AUM)
14% more repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 135
1.64% less ownership
Funds ownership: 85.0% [Q2] → 83.37% (-1.64%) [Q3]
4% less funds holding
Funds holding: 424 [Q2] → 405 (-19) [Q3]
14% less capital invested
Capital invested by funds: $8.54B [Q2] → $7.36B (-$1.18B) [Q3]
20% less call options, than puts
Call options by funds: $286M | Put options by funds: $357M
21% less funds holding in top 10
Funds holding in top 10: 19 [Q2] → 15 (-4) [Q3]
25% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 77
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
UBS Josh Silverstein 75% 1-year accuracy 33 / 44 met price target | 3%downside $31 | Neutral Maintained | 4 Nov 2024 |
B of A Securities Kalei Akamine 75% 1-year accuracy 3 / 4 met price target | 13%upside $36 | Buy Initiated | 28 Oct 2024 |
Wells Fargo Roger Read 39% 1-year accuracy 33 / 85 met price target | 25%downside $24 | Underweight Maintained | 18 Oct 2024 |
UBS Josh Silverstein 75% 1-year accuracy 33 / 44 met price target | 3%upside $33 | Neutral Initiated | 16 Oct 2024 |
BMO Capital Walter Pritchard 0 / 0 met price target | 6%upside $34 | Market Perform Maintained | 4 Oct 2024 |
Financial journalist opinion
Based on 12 articles about AR published over the past 30 days
