Antero Resources Corporation (NYSE:AR) insider Kevin J. Kilstrom sold 82,760 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $19.99, for a total transaction of $1,654,372.40. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Shares of Antero Resources Corporation (AR) opened at $18.86 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $6,277.93, a price-to-earnings ratio of 104.68 and a beta of 0.95. Antero Resources Corporation has a one year low of $17.89 and a one year high of $27.23.
Antero Resources Corporation (NYSE:AR) last posted its earnings results on Wednesday, November 1st. The oil and natural gas company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). The company had revenue of $775.30 million during the quarter, compared to the consensus estimate of $798.88 million. Antero Resources Corporation had a negative net margin of 12.82% and a positive return on equity of 0.78%. During the same quarter in the previous year, the business posted $0.18 earnings per share. equities research analysts anticipate that Antero Resources Corporation will post -0.02 EPS for the current fiscal year.
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Hedge funds have recently bought and sold shares of the business. Toronto Dominion Bank lifted its stake in Antero Resources Corporation by 244.3% in the third quarter. Toronto Dominion Bank now owns 9,326 shares of the oil and natural gas company’s stock valued at $186,000 after buying an additional 6,617 shares during the last quarter. Balasa Dinverno & Foltz LLC bought a new stake in shares of Antero Resources Corporation during the third quarter valued at about $211,000. HighTower Advisors LLC bought a new stake in shares of Antero Resources Corporation during the first quarter valued at about $212,000. SG Americas Securities LLC bought a new stake in shares of Antero Resources Corporation during the second quarter valued at about $215,000. Finally, Linscomb & Williams Inc. bought a new stake in shares of Antero Resources Corporation during the second quarter valued at about $220,000. Institutional investors own 93.55% of the company’s stock.
A number of analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Antero Resources Corporation from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research report on Friday, July 21st. Royal Bank Of Canada reissued a “hold” rating on shares of Antero Resources Corporation in a research report on Monday, October 23rd. Cowen and Company set a $25.00 price target on shares of Antero Resources Corporation and gave the stock a “hold” rating in a research report on Tuesday, July 18th. BMO Capital Markets set a $24.00 price target on shares of Antero Resources Corporation and gave the stock a “buy” rating in a research report on Thursday, August 10th. Finally, Barclays PLC decreased their price target on shares of Antero Resources Corporation from $25.00 to $23.00 and set an “overweight” rating for the company in a research report on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $27.74.
About Antero Resources Corporation
Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity.
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