Antero Resources (NYSE:AR - Get Free Report) posted its earnings results on Wednesday. The oil and natural gas company reported $0.54 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.14, Zacks reports. Antero Resources had a net margin of 1.03% and a negative return on equity of 0.59%.
Antero Resources Stock Performance
NYSE AR traded down $0.31 on Friday, hitting $39.84. The stock had a trading volume of 3,880,629 shares, compared to its average volume of 4,851,639. The company's 50-day moving average is $36.43 and its two-hundred day moving average is $31.21. Antero Resources has a one year low of $22.01 and a one year high of $41.53. The stock has a market cap of $12.40 billion, a price-to-earnings ratio of 284.57 and a beta of 3.33. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.23.
Analyst Upgrades and Downgrades
AR has been the subject of a number of recent analyst reports. Raymond James raised their price objective on Antero Resources from $44.00 to $60.00 and gave the company a "strong-buy" rating in a research note on Thursday, January 23rd. UBS Group lifted their price target on shares of Antero Resources from $39.00 to $44.00 and gave the stock a "neutral" rating in a research note on Thursday. The Goldman Sachs Group increased their price objective on shares of Antero Resources from $39.00 to $44.00 and gave the company a "buy" rating in a research note on Thursday, January 23rd. Truist Financial boosted their target price on shares of Antero Resources from $28.00 to $38.00 and gave the stock a "hold" rating in a research report on Monday, January 13th. Finally, Wells Fargo & Company upgraded shares of Antero Resources from an "underweight" rating to an "equal weight" rating and upped their target price for the company from $24.00 to $32.00 in a research note on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $39.44.
Check Out Our Latest Research Report on AR
About Antero Resources
(
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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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