Zacks Research Issues Pessimistic Forecast for AR Earnings

Antero Resources Corporation (NYSE:AR) – Zacks Research cut their Q1 2028 earnings per share estimates for Antero Resources in a report issued on Tuesday, September 22nd. Zacks Research analyst Team now anticipates that the oil and natural gas company will earn $0.99 per share for the quarter, down from their previous forecast of $1.07. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Antero Resources’ current full-year earnings is $4.19 per share.

AR has been the topic of a number of other research reports. Wolfe Research reissued an “outperform” rating and set a $48.00 price objective on shares of Antero Resources in a report on Thursday, July 30th. Wells Fargo & Company lifted their target price on Antero Resources from $52.00 to $57.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Barclays lowered their price target on shares of Antero Resources from $46.00 to $45.00 and set an “equal weight” rating on the stock in a report on Monday, August 17th. Mizuho increased their target price on shares of Antero Resources from $54.00 to $57.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Finally, Weiss Ratings raised shares of Antero Resources from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, September 3rd. Four investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $49.06.

Antero Resources Price Performance

Shares of NYSE AR opened at $34.44 on Wednesday. The stock has a market cap of $10.59 billion, a PE ratio of 9.90 and a beta of 0.35. Antero Resources has a fifty-two week low of $29.10 and a fifty-two week high of $45.75. 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 stock has a fifty day moving average of $36.64 and a 200-day moving average of $37.22.

Institutional Trading of Antero Resources

Hedge funds have recently made changes to their positions in the stock. Eastern Bank purchased a new position in Antero Resources in the 2nd quarter worth $26,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Antero Resources in the 2nd quarter worth approximately $29,000. Rakuten Securities Inc. purchased a new stake in shares of Antero Resources during the second quarter valued at approximately $31,000. PenderFund Capital Management Ltd. bought a new stake in Antero Resources during the 2nd quarter valued at $36,000. Finally, Hilton Head Capital Partners LLC bought a new position in Antero Resources during the 4th quarter valued at approximately $44,000. 83.04% of the stock is owned by institutional investors.

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.