Antero Resources (AR)

• Market cap: $11.9B
• 1 day: -3.44%
• 5 days: -5.45%
• 1 month: -4.46%
• 3 months: 14.22%
• 6 months: 37.33%
• Year to date: 7.25%
• 1 year: 48.85%
• 5 years: 2,067.61%
• 10 years: -4.98%
• Sector: Energy
• Industry: Crude Petroleum & Natural Gas

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 2024, the company reported proven reserves of 17.9 trillion cubic feet of natural gas equivalent. Production averaged approximately 3,424 million cubic feet of equivalent a day in 2024 at a ratio of 35% liquids and 65% natural gas.

Employees: 616

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

158% more first-time investments, than exits

New positions opened: 111 | Existing positions closed: 43

78% more call options, than puts

Call options by funds: $397M | Put options by funds: $223M

47% more funds holding in top 10

Funds holding in top 10: 15 [Q3] → 22 (+7) [Q4]

31% more repeat investments, than reductions

Existing positions increased: 164 | Existing positions reduced: 125

24% more capital invested

Capital invested by funds: $7.4B [Q3] → $9.14B (+$1.75B) [Q4]

13% more funds holding

Funds holding: 411 [Q3] → 466 (+55) [Q4]

0.65% more ownership

Funds ownership: 83.74% [Q3] → 84.39% (+0.65%) [Q4]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $32 16% downside
• Avg. target: $41 7% upside
• High target: $60 57% upside

9 analyst ratings

• positive: 3 33%
• neutral: 6 67%
• negative: 0 0%

Barclays Betty Jiang 53% 1-year accuracy 16 / 30 met price target	0% downside $38	Equal-Weight Maintained	14 Feb 2025
UBS Josh Silverstein 49% 1-year accuracy 25 / 51 met price target	15% upside $44	Neutral Maintained	13 Feb 2025
Raymond James John Freeman 32% 1-year accuracy 7 / 22 met price target	57% upside $60	Strong Buy Maintained	23 Jan 2025
Goldman Sachs Neil Mehta 49% 1-year accuracy 31 / 63 met price target	15% upside $44	Buy Maintained	23 Jan 2025
JP Morgan Arun Jayaram 40% 1-year accuracy 14 / 35 met price target	0% downside $38	Overweight Maintained	14 Jan 2025