Antero Resources Corporation (NYSE:AR)‘s stock had its “buy” rating reiterated by analysts at BMO Capital Markets in a research note issued on Friday.

A number of other brokerages also recently commented on AR. KeyCorp reissued a “buy” rating and issued a $33.00 price objective on shares of Antero Resources Corporation in a research note on Sunday, September 3rd. Scotiabank set a $27.00 price objective on shares of Antero Resources Corporation and gave the stock a “buy” rating in a research note on Saturday, July 1st. Cowen and Company reissued a “hold” rating and issued a $25.00 price objective on shares of Antero Resources Corporation in a research note on Tuesday, September 12th. Robert W. Baird reissued a “buy” rating and issued a $38.00 price objective on shares of Antero Resources Corporation in a research note on Sunday, September 10th. Finally, Citigroup Inc. reduced their price objective on shares of Antero Resources Corporation from $34.00 to $27.00 and set a “buy” rating for the company in a research note on Friday, July 21st. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $29.61.

Antero Resources Corporation (AR) traded up 0.51% during mid-day trading on Friday, hitting $19.85. The company had a trading volume of 2,676,635 shares. The firm has a market capitalization of $6.26 billion, a PE ratio of 461.63 and a beta of 0.95. Antero Resources Corporation has a 1-year low of $18.23 and a 1-year high of $28.30. The company has a 50 day moving average of $19.47 and a 200 day moving average of $21.22.

Antero Resources Corporation (NYSE:AR) last posted its quarterly earnings results on Wednesday, August 2nd. The oil and natural gas company reported ($0.04) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.01). Antero Resources Corporation had a net margin of 0.48% and a return on equity of 1.44%. The company had revenue of $736.00 million for the quarter, compared to the consensus estimate of $778.55 million. During the same period in the prior year, the firm posted $0.14 EPS. The business’s revenue was up 1.1% on a year-over-year basis. Analysts predict that Antero Resources Corporation will post $0.30 earnings per share for the current fiscal year.

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In other news, insider K. Phil Yoo sold 3,785 shares of the business’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $20.55, for a total transaction of $77,781.75. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 10.80% of the stock is owned by insiders.

A number of large investors have recently bought and sold shares of the business. Dynamic Technology Lab Private Ltd boosted its holdings in Antero Resources Corporation by 3.1% in the second quarter. Dynamic Technology Lab Private Ltd now owns 46,145 shares of the oil and natural gas company’s stock valued at $997,000 after purchasing an additional 1,368 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in Antero Resources Corporation by 27.1% in the second quarter. Public Employees Retirement System of Ohio now owns 108,429 shares of the oil and natural gas company’s stock valued at $2,343,000 after purchasing an additional 23,090 shares during the last quarter. Kingfisher Capital LLC boosted its holdings in Antero Resources Corporation by 2.3% in the second quarter. Kingfisher Capital LLC now owns 45,361 shares of the oil and natural gas company’s stock valued at $980,000 after purchasing an additional 1,034 shares during the last quarter. Linscomb & Williams Inc. purchased a new stake in Antero Resources Corporation in the second quarter valued at $220,000. Finally, Nomura Holdings Inc. boosted its holdings in Antero Resources Corporation by 119.0% in the second quarter. Nomura Holdings Inc. now owns 19,627 shares of the oil and natural gas company’s stock valued at $424,000 after purchasing an additional 10,666 shares during the last quarter. 93.59% of the stock is currently owned by institutional investors.

Antero Resources Corporation Company Profile

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.

Analyst Recommendations for Antero Resources Corporation (NYSE:AR)

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