Zacks Research Expects Lower Earnings for Antero Resources

Antero Resources Co. (NYSE:AR) – Equities researchers at Zacks Research reduced their FY2024 earnings per share (EPS) estimates for Antero Resources in a research note issued on Tuesday, December 10th. Zacks Research analyst R. Department now anticipates that the oil and natural gas company will post earnings of ($0.25) per share for the year, down from their prior estimate of ($0.19). The consensus estimate for Antero Resources’ current full-year earnings is ($0.19) per share. Zacks Research also issued estimates for Antero Resources’ Q1 2025 earnings at $0.43 EPS, Q2 2025 earnings at $0.22 EPS, Q3 2025 earnings at $0.50 EPS, Q4 2025 earnings at $0.87 EPS, FY2025 earnings at $2.01 EPS, Q1 2026 earnings at $0.64 EPS, Q2 2026 earnings at $0.73 EPS, Q3 2026 earnings at $0.60 EPS and FY2026 earnings at $2.64 EPS.

Several other equities analysts have also issued reports on AR. Morgan Stanley cut their price target on Antero Resources from $39.00 to $38.00 and set an “overweight” rating on the stock in a research note on Monday, September 16th. Barclays cut their price target on Antero Resources from $32.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 3rd. Raymond James upped their price target on Antero Resources from $34.00 to $44.00 and gave the company a “strong-buy” rating in a research note on Thursday, November 21st. Bank of America began coverage on Antero Resources in a research note on Monday, October 28th. They set a “buy” rating and a $36.00 price target on the stock. Finally, JPMorgan Chase & Co. dropped their price objective on Antero Resources from $37.00 to $30.00 and set an “overweight” rating for the company in a report on Thursday, September 12th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $34.06.

Antero Resources Trading Down 2.1 %

Shares of AR opened at $32.37 on Friday. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.23. Antero Resources has a 12-month low of $20.56 and a 12-month high of $36.28. The firm has a market capitalization of $10.07 billion, a PE ratio of 231.21 and a beta of 3.42. The stock’s fifty day simple moving average is $29.89 and its 200-day simple moving average is $29.86.

Institutional Investors Weigh In On Antero Resources

Large investors have recently modified their holdings of the business. Massachusetts Financial Services Co. MA grew its holdings in shares of Antero Resources by 4.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,664,628 shares of the oil and natural gas company’s stock worth $76,342,000 after buying an additional 122,815 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its holdings in shares of Antero Resources by 269.4% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 3,967,300 shares of the oil and natural gas company’s stock worth $129,453,000 after buying an additional 2,893,395 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Antero Resources by 85.1% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 167,882 shares of the oil and natural gas company’s stock worth $4,810,000 after buying an additional 77,193 shares in the last quarter. Driehaus Capital Management LLC bought a new position in shares of Antero Resources during the second quarter worth about $17,307,000. Finally, Kailix Advisors LLC bought a new position in shares of Antero Resources during the third quarter worth about $17,327,000. 83.04% of the stock is currently owned by institutional investors.

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.