Antero ResourcesAR
Market Cap: 9.2B
About: Antero Resources Corp, based in Denver, engages in the exploration for and production of natural gas and natural gas liquids in the United States and Canada. At the end of 2023, the company reported proven reserves of 18.1 trillion cubic feet of natural gas equivalent. Production averaged approximately 3,483 million cubic feet of equivalent a day in 2023 at a ratio of 35% liquids and 65% natural gas.
Employees: 604
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
34% more capital invested
Capital invested by funds: $5.71B [Q4 2023] → $7.65B (+$1.94B) [Q1 2024]
23% more call options, than puts
Call options by funds: $291M | Put options by funds: $236M
3.34% more ownership
Funds ownership: 83.72% [Q4 2023] → 87.06% (+3.34%) [Q1 2024]
3% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 71
1% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 127
1% more funds holding
Funds holding: 379 [Q4 2023] → 381 (+2) [Q1 2024]
5% less funds holding in top 10
Funds holding in top 10: 19 [Q4 2023] → 18 (-1) [Q1 2024]
Research analyst outlook
18 Wall Street Analysts provided 1 year price forecasts over the past 6 months
18 analyst ratings
Wells Fargo Roger Read | 28%upside $38 | Overweight Maintained | 17 Jul 2024 |
Jefferies Lloyd Byrne | 39%upside $41 | Buy Maintained | 11 Jul 2024 |
Goldman Sachs Neil Mehta | 22%upside $36 | Buy Maintained | 28 May 2024 |
Mizuho Nitin Kumar | 25%upside $37 | Neutral Maintained | 13 May 2024 |
Scotiabank Cameron Bean | 35%upside $40 | Sector Perform Maintained | 30 Apr 2024 |
Financial journalist opinion
Based on 5 articles about AR published over the past 30 days