Antero Resources (AR) Scheduled to Post Earnings on Wednesday

Antero Resources (NYSE:ARGet Rating) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, April 27th. Analysts expect the company to announce earnings of $1.01 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Antero Resources (NYSE:ARGet Rating) last issued its earnings results on Wednesday, February 16th. The oil and natural gas company reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.62 by ($0.17). The company had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Antero Resources had a positive return on equity of 7.44% and a negative net margin of 4.04%. The business’s revenue was up 82.9% compared to the same quarter last year. During the same period last year, the business posted ($0.05) earnings per share. On average, analysts expect Antero Resources to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of NYSE:AR opened at $35.61 on Wednesday. The firm has a market cap of $11.18 billion, a PE ratio of -41.68 and a beta of 4.11. The firm’s 50 day simple moving average is $26.76 and its 200-day simple moving average is $21.73. Antero Resources has a one year low of $8.81 and a one year high of $37.34. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.33 and a current ratio of 0.33.

In other Antero Resources news, Director Robert J. Clark sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, March 4th. The shares were sold at an average price of $25.00, for a total value of $250,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders sold 30,000 shares of company stock valued at $900,000. 9.73% of the stock is owned by insiders.

Several large investors have recently bought and sold shares of the company. BlackRock Inc. lifted its stake in shares of Antero Resources by 0.4% during the fourth quarter. BlackRock Inc. now owns 22,925,205 shares of the oil and natural gas company’s stock worth $401,189,000 after buying an additional 94,788 shares during the period. Deutsche Bank AG lifted its stake in shares of Antero Resources by 4.2% during the fourth quarter. Deutsche Bank AG now owns 1,131,064 shares of the oil and natural gas company’s stock worth $19,793,000 after buying an additional 46,078 shares during the period. California State Teachers Retirement System lifted its stake in shares of Antero Resources by 2.0% during the fourth quarter. California State Teachers Retirement System now owns 398,155 shares of the oil and natural gas company’s stock worth $6,968,000 after buying an additional 7,813 shares during the period. Harbour Investments Inc. lifted its stake in shares of Antero Resources by 1,064.9% during the fourth quarter. Harbour Investments Inc. now owns 4,345 shares of the oil and natural gas company’s stock worth $76,000 after buying an additional 3,972 shares during the period. Finally, Thrivent Financial for Lutherans lifted its stake in shares of Antero Resources by 54.7% during the fourth quarter. Thrivent Financial for Lutherans now owns 545,618 shares of the oil and natural gas company’s stock worth $9,548,000 after buying an additional 192,838 shares during the period. Institutional investors and hedge funds own 77.17% of the company’s stock.

AR has been the topic of a number of research reports. BMO Capital Markets raised shares of Antero Resources from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $27.00 to $28.00 in a research report on Monday, January 10th. Raymond James increased their price objective on shares of Antero Resources from $32.00 to $38.00 and gave the company a “strong-buy” rating in a research note on Friday, February 18th. Morgan Stanley dropped their price objective on shares of Antero Resources from $29.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 25th. Benchmark increased their price objective on shares of Antero Resources from $37.00 to $50.00 in a research note on Monday, April 11th. Finally, Zacks Investment Research upgraded shares of Antero Resources from a “hold” rating to a “strong-buy” rating and set a $36.00 price objective on the stock in a research note on Friday, April 8th. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Antero Resources presently has a consensus rating of “Buy” and an average price target of $30.90.

About Antero Resources (Get Rating)

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2021, it had approximately 502,000 net acres in the Appalachian Basin; and 174,000 net acres in the Upper Devonian Shale.

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Earnings History for Antero Resources (NYSE:AR)

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