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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
13% more repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 136
1.51% less ownership
Funds ownership: 85.0% [Q2] → 83.49% (-1.51%) [Q3]
4% less funds holding
Funds holding: 424 [Q2] → 409 (-15) [Q3]
14% less capital invested
Capital invested by funds: $8.54B [Q2] → $7.37B (-$1.16B) [Q3]
20% less call options, than puts
Call options by funds: $286M | Put options by funds: $357M
20% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 74
21% less funds holding in top 10
Funds holding in top 10: 19 [Q2] → 15 (-4) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$28
9%
downside
Avg. target
$35
13%
upside
High target
$44
42%
upside
9 analyst ratings
2 positive
22%
7 neutral
78%
0 negative
0%
Wells Fargo Roger Read 23% 1-year accuracy 23 / 99 met price target | 3%upside $32 | Equal-Weight Upgraded | 17 Dec 2024 |
Mizuho Nitin Kumar 19% 1-year accuracy 15 / 79 met price target | 29%upside $40 | Neutral Maintained | 16 Dec 2024 |
UBS Josh Silverstein 11% 1-year accuracy 5 / 47 met price target | 13%upside $35 | Neutral Maintained | 9 Dec 2024 |
Citigroup Paul Diamond 18% 1-year accuracy 2 / 11 met price target | 13%upside $35 | Neutral Maintained | 6 Dec 2024 |
Raymond James John Freeman 28% 1-year accuracy 5 / 18 met price target | 42%upside $44 | Strong Buy Maintained | 21 Nov 2024 |
Financial journalist opinion
Based on 4 articles about AR published over the past 30 days
Positive
Seeking Alpha
5 days ago
Antero Resources Set For Growth
Antero Resources is poised for growth, benefiting from favorable political changes and strategic export premiums, making it a strong buy under $30. The company reported a $20 million net loss but expects significant cash flow improvements due to high C3+ NGL price premiums and efficient drilling practices. Management plans to use the first $600 million of free cash flow to reduce debt, followed by stock buybacks, potentially leading to future dividends.
Positive
Zacks Investment Research
3 weeks ago
Antero Resources (AR) Up 25.5% Since Last Earnings Report: Can It Continue?
Antero Resources (AR) reported earnings 30 days ago. What's next for the stock?
Positive
Seeking Alpha
3 weeks ago
Thankful Investors - Last 5 Years
We're highlighting the 25 best-performing stocks in the S&P 1500 on a total return basis over the last five years. At the top of the list, above even Nvidia, is Alpha Metallurgical, which mines and produces coal for steel production and power generation. NVDA ranks second, turning $1,000 five years ago into more than $25,000 today, followed by energy drink maker Celsius, MARA Holdings, and GameStop.
Positive
Benzinga
4 weeks ago
7 US Natural Gas Stocks To Watch As Henry Hub Prices Surge 50% In November
U.S. natural gas prices are on fire this month, surging by about 50% to reach $3.40 per million British thermal units as of Nov. 21, the highest level in over a year.
Positive
Seeking Alpha
1 month ago
AR You Ready? Why I'm Super Bullish On Antero Resources
Antero Resources excels with its export-focused model, operational efficiency, and substantial reserves, positioning it well for tightening natural gas markets and potential price increases. Despite negative free cash flow this year, AR's potential for substantial free cash flow at higher gas prices supports aggressive buybacks and a Strong Buy rating. The company's unhedged production strategy adds risk but is mitigated by a strong balance sheet and disciplined capital spending.
Positive
Zacks Investment Research
1 month ago
This Is Why Natural Gas Stocks Have Been Surging Lately
Natural gas names like CRK, AR, EQT and RRC are having a strong month, helped by the commodity's upward march.
Positive
Zacks Investment Research
1 month ago
Winter to Be Colder: RRC, AR, CRK Stocks to Gain From Gas Demand?
Higher prices of natural gas are highly beneficial for companies like Range Resources Corporation, Antero Resources Corporation and Comstock Resources Inc.
Positive
MarketBeat
1 month ago
Oil's Ready to Rally: 3 Stocks to Buy as the Energy Sector Heats
Price action is often one of the most important indicators for investors to keep track of in the market, and price action only comes with the right amount of volume underneath. Knowing this, investors would benefit from looking into the recent price action and volume in the energy sector, particularly names operating in the oil industry.
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for November 7th
ALB, ADM and AR have been added to the Zacks Rank #24 (Strong Sell) List on November 7, 2024.
Negative
Zacks Investment Research
1 month ago
Antero Resources Q3 Earnings Miss Estimates on Lower Production
AR's Q3 earnings lag estimates on lower gas-equivalent production volumes. Revenues and earnings witness a year-over-year decline.
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