Antero Resources Corporation (NYSE:AR – Get Free Report) shares were up 3.1% on Wednesday. The stock traded as high as $35.62 and last traded at $35.4960. Approximately 441,445 shares were traded during trading, a decline of 91% from the average daily volume of 5,155,989 shares. The stock had previously closed at $34.42.
More Antero Resources News
Here are the key news stories impacting Antero Resources this week:
- Positive Sentiment: Rapid artificial-intelligence data-center expansion is expected to increase electricity consumption and natural-gas demand. As a major natural-gas producer, Antero Resources could benefit from stronger demand and potentially improved pricing. Data Center Buildout Boosts Natural Gas Use: WMB, AR & KMI to Gain?
- Positive Sentiment: Zacks Research raised its Antero Resources EPS forecasts for the third and fourth quarters of 2026, to $0.92 and $1.21 from $0.90 and $1.05, respectively. Its full-year 2026 estimate also increased to $3.97 from $3.80, while estimates for the first and second quarters of 2027 rose to $1.13 and $0.67.
- Neutral Sentiment: Antero Resources filed a motion to intervene with the Federal Energy Regulatory Commission in proceeding CP26-552. The filing could affect the company’s regulatory or infrastructure interests, but the immediate financial impact is unclear. Antero Resources Files Motion to Intervene With FERC
- Negative Sentiment: Zacks reduced several later-period forecasts, including Q4 2027 EPS to $0.95 from $1.04, Q3 2027 EPS to $0.89 from $0.91, Q1 2028 EPS to $0.99 from $1.07, and FY2028 EPS to $4.07 from $4.48. FY2027 EPS was also trimmed slightly to $3.63 from $3.64, signaling some moderation in longer-term earnings expectations.
Analysts Set New Price Targets
Several equities analysts have commented on AR shares. Stifel Nicolaus assumed coverage on shares of Antero Resources in a research report on Thursday, September 10th. They issued a “hold” rating and a $42.00 price target for the company. Weiss Ratings raised Antero Resources from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, September 3rd. Wells Fargo & Company increased their price objective on Antero Resources from $52.00 to $57.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. The Goldman Sachs Group lifted their target price on Antero Resources from $42.00 to $48.00 and gave the company a “buy” rating in a report on Wednesday, September 2nd. Finally, Texas Capital raised Antero Resources to a “strong-buy” rating in a research note on Thursday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Antero Resources has a consensus rating of “Moderate Buy” and an average target price of $49.06.
Antero Resources Trading Up 1.1%
The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.40 and a current ratio of 0.40. The company’s 50-day moving average price is $36.73 and its 200-day moving average price is $37.17. The firm has a market capitalization of $11.09 billion, a PE ratio of 10.36 and a beta of 0.35.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of AR. Brandywine Global Investment Management LLC lifted its position in shares of Antero Resources by 77.8% during the 4th quarter. Brandywine Global Investment Management LLC now owns 215,470 shares of the oil and natural gas company’s stock valued at $7,425,000 after acquiring an additional 94,260 shares during the period. Bank of America Corp DE acquired a new stake in shares of Antero Resources in the 2nd quarter worth approximately $40,916,000. BIP Wealth LLC purchased a new position in Antero Resources in the 2nd quarter valued at approximately $1,633,000. Bank of New York Mellon Corp increased its stake in Antero Resources by 22.5% in the 4th quarter. Bank of New York Mellon Corp now owns 3,101,208 shares of the oil and natural gas company’s stock valued at $106,868,000 after purchasing an additional 569,817 shares in the last quarter. Finally, BlackRock Inc. acquired a new position in Antero Resources during the second quarter worth $966,982,000. Institutional investors and hedge funds own 83.04% of the company’s stock.
About Antero Resources
Antero Resources Corporation (NYSE: AR) is an independent oil and natural gas exploration and production company. Its operations are focused primarily on developing unconventional reserves in the Appalachian Basin, where it produces natural gas, natural gas liquids (NGLs) and oil.
The company’s core properties are located in the Marcellus and Utica shale plays of West Virginia and Ohio. Its products include natural gas and NGLs such as ethane, propane, butane and natural gasoline, which are marketed to customers in domestic and international energy markets.
Founded in 2002 and headquartered in Denver, Colorado, Antero Resources became a publicly traded company in 2013.
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