Contrasting Antero Resources (AR) & Its Competitors

Antero Resources (NYSE:AR) is one of 1,051 public companies in the “Oil, Gas & Consumable Fuels” industry, but how does it weigh in compared to its peers? We will compare Antero Resources to related companies based on the strength of its institutional ownership, dividends, profitability, valuation, analyst recommendations, earnings and risk.

Risk and Volatility

Antero Resources has a beta of 0.5, suggesting that its stock price is 50% less volatile than the S&P 500. Comparatively, Antero Resources’ peers have a beta of -3.75, suggesting that their average stock price is 475% less volatile than the S&P 500.

Insider and Institutional Ownership

83.0% of Antero Resources shares are held by institutional investors. Comparatively, 30.7% of shares of all “Oil, Gas & Consumable Fuels” companies are held by institutional investors. 4.1% of Antero Resources shares are held by company insiders. Comparatively, 15.5% of shares of all “Oil, Gas & Consumable Fuels” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of recent ratings and recommmendations for Antero Resources and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Antero Resources	0	6	12	5	2.96
Antero Resources Competitors	5982	26994	40850	2423	2.52

Antero Resources presently has a consensus price target of $48.74, indicating a potential upside of 34.85%. As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 28.95%. Given Antero Resources’ stronger consensus rating and higher possible upside, equities research analysts clearly believe Antero Resources is more favorable than its peers.

Valuation & Earnings

This table compares Antero Resources and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Antero Resources	$5.28 billion	$634.42 million	8.16
Antero Resources Competitors	$11.66 billion	$5.51 billion	-1.08

Antero Resources’ peers have higher revenue and earnings than Antero Resources. Antero Resources is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Antero Resources and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Antero Resources	21.22%	11.26%	6.24%
Antero Resources Competitors	-455.90%	20.13%	6.34%

Summary

Antero Resources beats its peers on 7 of the 13 factors compared.

About Antero Resources

Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream. As of December 31, 2023, the company had approximately 515,000 net acres in the Appalachian Basin; and approximately 172,000 net acres in the Upper Devonian Shale. Its gathering and compression systems also comprise 631 miles of gas gathering pipelines in the Appalachian Basin. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was incorporated in 2002 and is headquartered in Denver, Colorado.