Antero Resources Corporation (AR) Insider Sells $209,151.25 in Stock
Antero Resources Corporation (NYSE:AR) insider K. Phil Yoo sold 10,865 shares of the firm’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $19.25, for a total transaction of $209,151.25. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Antero Resources Corporation (NYSE:AR) traded up $0.66 during midday trading on Friday, hitting $19.92. 2,501,198 shares of the stock traded hands, compared to its average volume of 3,368,624. Antero Resources Corporation has a 12-month low of $17.89 and a 12-month high of $27.23. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market cap of $6,080.00, a price-to-earnings ratio of 99.26 and a beta of 0.95.
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 the Thomson Reuters’ consensus estimate of ($0.03) by ($0.01). Antero Resources Corporation had a positive return on equity of 0.78% and a negative net margin of 12.82%. The firm had revenue of $775.30 million during the quarter, compared to the consensus estimate of $798.88 million. During the same quarter in the previous year, the company earned $0.18 EPS. equities analysts forecast that Antero Resources Corporation will post -0.02 EPS for the current fiscal year.
Several analysts have weighed in on AR shares. Citigroup Inc. dropped 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. Robert W. Baird reiterated a “buy” rating and issued a $38.00 price objective on shares of Antero Resources Corporation in a research note on Sunday, September 10th. Morgan Stanley decreased their target price on shares of Antero Resources Corporation from $23.00 to $22.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 18th. Zacks Investment Research raised shares of Antero Resources Corporation from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a report on Friday, July 21st. Finally, Jefferies Group LLC began coverage on shares of Antero Resources Corporation in a report on Monday, October 9th. They set a “hold” rating and a $21.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Antero Resources Corporation presently has a consensus rating of “Buy” and a consensus target price of $27.68.
A number of institutional investors and hedge funds have recently bought and sold shares of AR. Toronto Dominion Bank grew its position in Antero Resources Corporation by 244.3% during 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 period. Balasa Dinverno & Foltz LLC bought a new position in Antero Resources Corporation during the third quarter valued at about $211,000. HighTower Advisors LLC bought a new position in Antero Resources Corporation during the first quarter valued at about $212,000. SG Americas Securities LLC bought a new position in Antero Resources Corporation during the second quarter valued at about $215,000. Finally, Linscomb & Williams Inc. bought a new position in Antero Resources Corporation during the second quarter valued at about $220,000. Institutional investors own 93.55% of the company’s stock.
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.
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