Antero Resources Co. (NYSE:AR – Free Report) – Stock analysts at Capital One Financial increased their Q4 2024 earnings per share estimates for Antero Resources in a research note issued to investors on Tuesday, January 21st. Capital One Financial analyst B. Velie now expects that the oil and natural gas company will post earnings per share of $0.25 for the quarter, up from their previous forecast of $0.20. The consensus estimate for Antero Resources’ current full-year earnings is ($0.13) per share. Capital One Financial also issued estimates for Antero Resources’ Q1 2025 earnings at $0.62 EPS, Q2 2025 earnings at $0.67 EPS, Q3 2025 earnings at $0.70 EPS, Q4 2025 earnings at $0.73 EPS and FY2025 earnings at $2.72 EPS.
Other research analysts also recently issued research reports about the stock. Raymond James upped their price objective on shares of Antero Resources from $34.00 to $44.00 and gave the company a “strong-buy” rating in a research note on Thursday, November 21st. Citigroup upped their price target on shares of Antero Resources from $29.00 to $35.00 and gave the stock a “neutral” rating in a research report on Friday, December 6th. UBS Group lifted their price target on shares of Antero Resources from $35.00 to $39.00 and gave the company a “neutral” rating in a report on Friday, January 17th. Bank of America initiated coverage on shares of Antero Resources in a research note on Monday, October 28th. They set a “buy” rating and a $36.00 price objective for the company. Finally, Benchmark reiterated a “hold” rating on shares of Antero Resources in a report on Friday, January 17th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $36.88.
Antero Resources Stock Performance
NYSE AR opened at $39.93 on Wednesday. The business’s 50-day moving average price is $34.00 and its 200 day moving average price is $30.18. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23. Antero Resources has a twelve month low of $20.56 and a twelve month high of $40.93. The company has a market capitalization of $12.42 billion, a PE ratio of 285.19 and a beta of 3.37.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. UMB Bank n.a. grew its holdings in Antero Resources by 357.3% during the 3rd quarter. UMB Bank n.a. now owns 878 shares of the oil and natural gas company’s stock valued at $25,000 after purchasing an additional 686 shares in the last quarter. Pinnacle Bancorp Inc. acquired a new stake in shares of Antero Resources during the fourth quarter valued at about $28,000. True Wealth Design LLC acquired a new stake in shares of Antero Resources during the third quarter valued at about $30,000. Capital Performance Advisors LLP purchased a new stake in shares of Antero Resources during the third quarter worth about $45,000. Finally, Mattson Financial Services LLC acquired a new position in shares of Antero Resources in the second quarter worth about $64,000. 83.04% of the stock is owned by institutional investors and hedge funds.
About Antero Resources
Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream.
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