Antero Resources Corporation (NYSE:AR) received a $21.00 price objective from stock analysts at Stifel Nicolaus in a research report issued on Thursday. The brokerage presently has a “hold” rating on the oil and natural gas company’s stock. Stifel Nicolaus’ price objective would indicate a potential upside of 2.19% from the company’s previous close.

AR has been the topic of a number of other research reports. BMO Capital Markets set a $24.00 price target on Antero Resources Corporation and gave the stock a “buy” rating in a report on Thursday, August 10th. Capital One Financial Corporation reissued an “overweight” rating on shares of Antero Resources Corporation in a report on Thursday, August 3rd. BidaskClub lowered Antero Resources Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Zacks Investment Research raised Antero Resources Corporation from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a report on Tuesday, July 11th. Finally, Howard Weil downgraded shares of Antero Resources Corporation from an “outperform” rating to a “sector perform” rating and set a $26.00 price objective for the company. in a research report on Thursday, September 21st. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Antero Resources Corporation has an average rating of “Buy” and a consensus price target of $29.22.

Shares of Antero Resources Corporation (NYSE:AR) traded down 1.85% during trading on Thursday, hitting $20.17. The stock had a trading volume of 975,486 shares. The stock’s 50-day moving average is $19.86 and its 200-day moving average is $20.93. The stock has a market cap of $6.36 billion, a price-to-earnings ratio of 469.07 and a beta of 0.96. Antero Resources Corporation has a 12-month low of $18.23 and a 12-month high of $28.30.

Antero Resources Corporation (NYSE:AR) last released its quarterly earnings results on Wednesday, August 2nd. The oil and natural gas company reported ($0.04) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.01). Antero Resources Corporation had a return on equity of 1.44% and a net margin of 0.48%. The company had revenue of $736.00 million for the quarter, compared to analysts’ expectations of $778.55 million. During the same period in the prior year, the business earned $0.14 EPS. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. On average, equities research analysts expect that Antero Resources Corporation will post $0.31 EPS for the current year.

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In other Antero Resources Corporation news, insider K. Phil Yoo sold 3,785 shares of Antero Resources Corporation stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $20.55, for a total value of $77,781.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 9.20% of the stock is currently owned by insiders.

Hedge funds have recently added to or reduced their stakes in the business. Van ECK Associates Corp grew its stake in shares of Antero Resources Corporation by 0.3% during the 4th quarter. Van ECK Associates Corp now owns 30,854 shares of the oil and natural gas company’s stock valued at $730,000 after buying an additional 84 shares during the period. Nomura Asset Management Co. Ltd. grew its stake in shares of Antero Resources Corporation by 0.8% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 22,990 shares of the oil and natural gas company’s stock valued at $524,000 after buying an additional 190 shares during the period. TD Asset Management Inc. grew its stake in shares of Antero Resources Corporation by 4.4% during the 1st quarter. TD Asset Management Inc. now owns 9,411 shares of the oil and natural gas company’s stock valued at $215,000 after buying an additional 400 shares during the period. Aviva PLC grew its stake in shares of Antero Resources Corporation by 1.5% during the 1st quarter. Aviva PLC now owns 28,859 shares of the oil and natural gas company’s stock valued at $718,000 after buying an additional 416 shares during the period. Finally, Allen Investment Management LLC grew its stake in shares of Antero Resources Corporation by 2.4% during the 1st quarter. Allen Investment Management LLC now owns 18,275 shares of the oil and natural gas company’s stock valued at $417,000 after buying an additional 422 shares during the period. 93.59% of the stock is owned by hedge funds and other 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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