Antero Resources (NYSE:AR) announced its quarterly earnings results on Tuesday. The oil and natural gas company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.15, Bloomberg Earnings reports. Antero Resources had a negative net margin of 12.82% and a positive return on equity of 0.78%.
Shares of Antero Resources (NYSE AR) traded down $0.06 during trading hours on Tuesday, hitting $17.40. 4,250,112 shares of the stock were exchanged, compared to its average volume of 3,729,624. Antero Resources has a 1-year low of $16.31 and a 1-year high of $26.09. 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 $5,490.00, a PE ratio of -15.26, a price-to-earnings-growth ratio of 2.90 and a beta of 0.93.
A number of equities research analysts recently weighed in on AR shares. KeyCorp set a $29.00 price target on shares of Antero Resources and gave the company a “buy” rating in a research report on Sunday, January 21st. Zacks Investment Research cut shares of Antero Resources from a “buy” rating to a “hold” rating in a research report on Wednesday, January 17th. Cowen set a $22.00 price target on shares of Antero Resources and gave the company a “hold” rating in a research report on Thursday, January 18th. Barclays reissued a “hold” rating and issued a $22.00 price target on shares of Antero Resources in a research report on Sunday, December 24th. Finally, Morgan Stanley reissued an “equal weight” rating on shares of Antero Resources in a research report on Thursday, December 14th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $25.28.
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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.
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