Antero Resources (AR) to Release Quarterly Earnings on Wednesday

Antero Resources (NYSE:AR) is expected to be releasing its earnings data after the market closes on Wednesday, February 12th. Analysts expect Antero Resources to post earnings of $0.40 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Antero Resources Trading Up 5.7 %

Shares of AR opened at $40.02 on Tuesday. 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 stock has a market capitalization of $12.45 billion, a P/E ratio of 285.86 and a beta of 3.33. The business’s 50-day moving average price is $35.78 and its 200 day moving average price is $30.91.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on AR shares. The Goldman Sachs Group upped 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. Citigroup increased their price objective on Antero Resources from $29.00 to $35.00 and gave the stock a “neutral” rating in a report on Friday, December 6th. Truist Financial raised their price objective on shares of Antero Resources from $28.00 to $38.00 and gave the company a “hold” rating in a research report on Monday, January 13th. JPMorgan Chase & Co. boosted their target price on shares of Antero Resources from $36.00 to $38.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 14th. Finally, Raymond James lifted their price objective on shares of Antero Resources from $44.00 to $60.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 23rd. One analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $39.00.

Antero Resources Company Profile

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.