Representative Maria Elvira Salazar (R-Florida) recently bought shares of Antero Resources Co. NYSE: AR. In a filing disclosed on November 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Antero Resources stock on October 31st.
Representative Maria Elvira Salazar also recently made the following trade(s):
- Sold $15,001 - $50,000 in shares of Clearway Energy NYSE: CWEN on 10/25/2024.
- Purchased $15,001 - $50,000 in shares of Occidental Petroleum NYSE: OXY on 10/25/2024.
Antero Resources Trading Up 0.1 %
Shares of Antero Resources stock traded up $0.03 on Wednesday, hitting $31.19. The stock had a trading volume of 2,556,305 shares, compared to its average volume of 4,101,431. The stock has a 50 day moving average of $27.68 and a 200 day moving average of $30.09. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.28 and a current ratio of 0.28. Antero Resources Co. has a twelve month low of $20.10 and a twelve month high of $36.28. The firm has a market capitalization of $9.71 billion, a P/E ratio of 223.57 and a beta of 3.36.
Institutional Investors Weigh In On Antero Resources
A number of hedge funds have recently added to or reduced their stakes in the company. Diversified Trust Co bought a new position in shares of Antero Resources in the second quarter valued at approximately $1,154,000. Hood River Capital Management LLC boosted its holdings in Antero Resources by 81.5% during the first quarter. Hood River Capital Management LLC now owns 117,658 shares of the oil and natural gas company's stock worth $3,412,000 after purchasing an additional 52,843 shares during the last quarter. Vanguard Group Inc. grew its position in Antero Resources by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 28,066,610 shares of the oil and natural gas company's stock worth $813,932,000 after purchasing an additional 372,450 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in Antero Resources by 269.4% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 3,967,300 shares of the oil and natural gas company's stock valued at $129,453,000 after buying an additional 2,893,395 shares during the last quarter. Finally, William Blair Investment Management LLC bought a new position in shares of Antero Resources during the 1st quarter worth approximately $25,288,000. Institutional investors and hedge funds own 83.04% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the stock. 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 target for the company. Citigroup started coverage on Antero Resources in a research report on Tuesday, September 17th. They set a "neutral" rating and a $29.00 target price for the company. BMO Capital Markets increased their price target on Antero Resources from $33.00 to $34.00 and gave the company a "market perform" rating in a research note on Friday, October 4th. Truist Financial lowered their price objective on Antero Resources from $29.00 to $28.00 and set a "hold" rating for the company in a research report on Monday, September 30th. Finally, JPMorgan Chase & Co. reduced their target price on Antero Resources from $37.00 to $30.00 and set an "overweight" rating on the stock in a report on Thursday, September 12th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Antero Resources presently has a consensus rating of "Moderate Buy" and a consensus price target of $32.83.
View Our Latest Stock Analysis on Antero Resources
About Representative Salazar
Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida's 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2025. Salazar (Republican Party) is running for re-election to the U.S. House to represent Florida's 27th Congressional District. She declared candidacy for the Republican primary scheduled on August 20, 2024. Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.
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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