Antero Resources (NYSE:AR)‘s stock had its “equal weight” rating reissued by research analysts at Morgan Stanley in a note issued to investors on Thursday.

AR has been the subject of a number of other reports. Robert W. Baird reiterated a “buy” rating and issued a $38.00 price objective on shares of Antero Resources in a report on Sunday, September 10th. Barclays cut shares of Antero Resources from an “overweight” rating to an “equal weight” rating and set a $21.00 price objective for the company. in a report on Monday, November 20th. Jefferies Group set a $20.00 price objective on shares of Antero Resources and gave the stock a “hold” rating in a report on Friday, November 17th. SunTrust Banks reiterated a “hold” rating and issued a $22.00 price objective on shares of Antero Resources in a report on Friday, November 3rd. Finally, KeyCorp reiterated a “buy” rating and issued a $33.00 price objective on shares of Antero Resources in a report on Sunday, September 3rd. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Antero Resources currently has a consensus rating of “Hold” and an average target price of $27.16.

Antero Resources (NYSE:AR) opened at $17.92 on Thursday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.85 and a current ratio of 0.85. Antero Resources has a fifty-two week low of $17.89 and a fifty-two week high of $26.60. The company has a market cap of $5,730.00, a price-to-earnings ratio of 97.63 and a beta of 0.94.

Antero Resources (NYSE:AR) last posted its quarterly earnings results on Wednesday, November 1st. The oil and natural gas company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Antero Resources had a negative net margin of 12.82% and a positive return on equity of 0.78%. The company had revenue of $775.30 million for the quarter, compared to analysts’ expectations of $798.88 million. During the same quarter in the prior year, the firm earned $0.18 earnings per share. sell-side analysts predict that Antero Resources will post -0.12 earnings per share for the current year.

In other news, insider Kevin J. Kilstrom sold 82,760 shares of the company’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $19.99, for a total transaction of $1,654,372.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider K. Phil Yoo sold 10,865 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $19.25, for a total transaction of $209,151.25. The disclosure for this sale can be found here. 9.20% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Toronto Dominion Bank raised its position in Antero Resources by 244.3% in the third quarter. Toronto Dominion Bank now owns 9,326 shares of the oil and natural gas company’s stock worth $186,000 after purchasing an additional 6,617 shares in the last quarter. Balasa Dinverno & Foltz LLC acquired a new position in Antero Resources in the third quarter worth about $211,000. SG Americas Securities LLC acquired a new position in Antero Resources in the second quarter worth about $215,000. Linscomb & Williams Inc. acquired a new position in Antero Resources in the second quarter worth about $220,000. Finally, PNC Financial Services Group Inc. raised its position in Antero Resources by 22.3% in the second quarter. PNC Financial Services Group Inc. now owns 10,353 shares of the oil and natural gas company’s stock worth $223,000 after purchasing an additional 1,891 shares in the last quarter. 97.02% of the stock is owned by institutional investors and hedge funds.

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Antero Resources 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 (NYSE:AR)

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