Q4 EPS Estimates for AR Increased by Capital One Financial

Antero Resources Co. (NYSE:AR) – Stock analysts at Capital One Financial increased their Q4 2024 EPS estimates for Antero Resources in a research note issued to investors on Tuesday, January 21st. Capital One Financial analyst B. Velie now anticipates that the oil and natural gas company will post earnings of $0.25 per share for the quarter, up from their prior estimate of $0.20. The consensus estimate for Antero Resources’ current full-year earnings is ($0.12) 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 have also issued reports about the company. StockNews.com upgraded Antero Resources to a “sell” rating in a research report on Thursday, January 16th. Raymond James raised their target price 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. JPMorgan Chase & Co. raised their price objective on shares of Antero Resources from $36.00 to $38.00 and gave the company an “overweight” rating in a research note on Tuesday, January 14th. BMO Capital Markets upped their target price on shares of Antero Resources from $33.00 to $34.00 and gave the company a “market perform” rating in a research report on Friday, October 4th. Finally, Truist Financial lifted their price objective on Antero Resources from $28.00 to $38.00 and gave the stock a “hold” rating in a research note on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $36.88.

Antero Resources Price Performance

Shares of Antero Resources stock opened at $40.73 on Wednesday. The stock has a market capitalization of $12.67 billion, a price-to-earnings ratio of 290.91 and a beta of 3.37. 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 1-year low of $20.56 and a 1-year high of $41.53. The firm’s 50-day moving average price is $34.19 and its two-hundred day moving average price is $30.25.

Institutional Trading of Antero Resources

Hedge funds and other institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC lifted its stake in Antero Resources by 1.3% in the third quarter. Geode Capital Management LLC now owns 4,852,246 shares of the oil and natural gas company’s stock valued at $139,054,000 after acquiring an additional 61,490 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Antero Resources by 4.8% during the 3rd 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 purchasing an additional 122,815 shares during the last quarter. Capital CS Group LLC bought a new stake in shares of Antero Resources in the 4th quarter valued at about $615,000. Franklin Resources Inc. lifted its stake in Antero Resources by 40.6% in the 3rd quarter. Franklin Resources Inc. now owns 756,128 shares of the oil and natural gas company’s stock valued at $21,209,000 after purchasing an additional 218,517 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in 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 purchasing an additional 77,193 shares during the period. Institutional investors and hedge funds own 83.04% of the company’s stock.

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.