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Antero Resources Corporation AR
Energy - Oil & Gas Exploration & Production - NYSE - US
Watchlist
$ 34.15
2.06 %
$ 10.6 B
Market Cap
189.72
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one AR stock under the worst case scenario is HIDDEN Compared to the current market price of 34.1 USD, Antero Resources Corporation is HIDDEN

AR Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one AR stock under the base case scenario is HIDDEN Compared to the current market price of 34.1 USD, Antero Resources Corporation is HIDDEN

AR Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one AR stock under the best case scenario is HIDDEN Compared to the current market price of 34.1 USD, Antero Resources Corporation is HIDDEN

AR Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart AR

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1M -20%
6M 25%
1Y 17%
3Y -7.0%
5Y 1897%
All
$42.0$42.0$40.0$40.0$38.0$38.0$36.0$36.0$34.0$34.0$32.0$32.0$30.0$30.0$28.0$28.0$26.0$26.0$24.0$24.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
4.33 B REVENUE
1.09%
Growth Rates
1Year 1.09%
3Years -9.27%
5Years 3.46%
7Years 6.70%
10Years 9.42%
460 K OPERATING INCOME
-99.90%
Growth Rates
1Year -99.90%
3Years -93.95%
5Years 14.91%
7Years -65.17%
10Years -54.83%
93.7 M NET INCOME
-61.43%
Growth Rates
1Year -61.43%
3Years 37.65%
5Years 18.33%
7Years -26.19%
10Years -17.93%
849 M OPERATING CASH FLOW
-14.62%
Growth Rates
1Year -14.62%
3Years -20.02%
5Years -5.10%
7Years -11.56%
10Years -1.60%
-714 M INVESTING CASH FLOW
37.40%
Growth Rates
1Year 37.40%
3Years -0.16%
5Years 7.27%
7Years 16.20%
10Years 16.01%
-135 M FINANCING CASH FLOW
-92.53%
Growth Rates
1Year -92.53%
3Years 47.79%
5Years -4.44%
7Years -3.81%
10Years -0.40%
1.23 B REVENUE
16.28%
Growth Rates
1Year 1.09%
3Years -9.27%
5Years 3.46%
7Years 6.70%
10Years 9.42%
-5.7 M OPERATING INCOME
3.49%
Growth Rates
1Year -99.90%
3Years -93.95%
5Years 14.91%
7Years -65.17%
10Years -54.83%
132 M NET INCOME
743.30%
Growth Rates
1Year -61.43%
3Years 37.65%
5Years 18.33%
7Years -26.19%
10Years -17.93%
278 M OPERATING CASH FLOW
67.29%
Growth Rates
1Year -14.62%
3Years -20.02%
5Years -5.10%
7Years -11.56%
10Years -1.60%
-126 M INVESTING CASH FLOW
27.69%
Growth Rates
1Year 37.40%
3Years -0.16%
5Years 7.27%
7Years 16.20%
10Years 16.01%
-152 M FINANCING CASH FLOW
-1913.45%
Growth Rates
1Year -92.53%
3Years 47.79%
5Years -4.44%
7Years -3.81%
10Years -0.40%
Balance Sheet Antero Resources Corporation
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Current Assets 508 M
Cash & Short-Term Investments 0
Receivables 488 M
Other Current Assets 19.5 M
Non-Current Assets 12.5 B
Long-Term Investments 231 M
PP&E 2.66 B
Other Non-Current Assets 9.62 B
3.75 %20.41 %73.91 %Total Assets$13.0b
Current Liabilities 1.45 B
Accounts Payable 62.2 M
Short-Term Debt 494 M
Other Current Liabilities 890 M
Non-Current Liabilities 4.35 B
Long-Term Debt 3.54 B
Other Non-Current Liabilities 808 M
8.52 %15.36 %61.10 %13.95 %Total Liabilities$5.8b
EFFICIENCY
Earnings Waterfall Antero Resources Corporation
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Revenue 4.33 B
Cost Of Revenue 326 M
Gross Profit 4 B
Operating Expenses 4 B
Operating Income 460 K
Other Expenses -93.2 M
Net Income 93.7 M
5b5b4b4b4b4b3b3b3b3b2b2b2b2b1b1b500m500m004b(326m)4b(4b)460k93m94mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
92.46% GROSS MARGIN
92.46%
Averages
1Year 92.46%
3Years 54.61%
5Years 37.21%
7Years 32.04%
10Years 23.92%
0.01% OPERATING MARGIN
0.01%
Averages
1Year 0.01%
3Years 21.36%
5Years 14.38%
7Years 10.01%
10Years 16.99%
1.32% NET MARGIN
1.32%
Averages
1Year 1.32%
3Years 9.96%
5Years -2.73%
7Years -4.65%
10Years 0.92%
0.81% ROE
0.81%
Averages
1Year 0.81%
3Years 10.80%
5Years 1.58%
7Years -0.22%
10Years 0.83%
0.44% ROA
0.44%
Averages
1Year 0.44%
3Years 5.22%
5Years 1.00%
7Years 0.07%
10Years 0.52%
-0.01% ROIC
-0.01%
Averages
1Year -0.01%
3Years 9.97%
5Years 7.12%
7Years 5.00%
10Years 4.72%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Antero Resources Corporation
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3b3b3b3b2b2b2b2b1b1b500m500m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 93.7 M
Depreciation & Amortization 766 M
Capital Expenditures 0
Stock-Based Compensation 66.5 M
Change in Working Capital 0
Others 9.23 M
Free Cash Flow 849 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Antero Resources Corporation
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Wall Street analysts predict an average 1-year price target for AR of $39.2 , with forecasts ranging from a low of $29 to a high of $58 .
AR Lowest Price Target Wall Street Target
29 USD -15.08%
AR Average Price Target Wall Street Target
39.2 USD 14.93%
AR Highest Price Target Wall Street Target
58 USD 69.84%
Price
Max Price Target
Min Price Target
Average Price Target
606055555050454540403535303025252020May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.29% DIVIDEND YIELD
0.3 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.500.500.450.450.400.400.350.350.300.300.250.250.200.200.150.150.100.100.050.050.000.000.090.180.240.30.210.480.240.30201520152016201620172017
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Antero Resources Corporation
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Sold
0-3 MONTHS
37.2 M USD 3
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.26 M USD 1
9-12 MONTHS
36.8 M USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Antero Resources: Projected FCF Generation Remains Strong For 2025 (Rating Upgrade) Antero is projected to generate $1.36 billion in 2025 free cash flow at current strip. Natural gas strip prices for 2025 remain above $4 despite some recent declines. This helps keep AR's free cash flow solid despite lower strip prices for oil and C3+ NGLs. seekingalpha.com - 1 week ago
Natural Gas Prices Slip on First Inventory Build of 2025 Despite the weekly drop in natural gas prices, investors should keep an eye on stocks such as AR, CTRA and GPOR. zacks.com - 3 weeks ago
Is Antero Resources (AR) Stock Outpacing Its Oils-Energy Peers This Year? Here is how Antero Resources (AR) and MPLX LP (MPLX) have performed compared to their sector so far this year. zacks.com - 1 month ago
Natural Gas Supplies Fell Last Week - Is Its Uptrend Still Intact? Despite natural gas' weekly decline, investors would be wise to focus on stocks such as AR. CTRA and GPOR. zacks.com - 1 month ago
Rising EPS & Strong Natural Gas Prices: 3 Stocks to Buy Now Investors looking to capitalize on natural gas price momentum may find AR, CTRA and GPOR to be compelling choices. zacks.com - 1 month ago
2 Stocks Riding the Dominance of America's Natural Gas Exports The United States is the largest exporter of liquefied natural gas (LNG), having surpassed Australia and Qatar in 2023. The United States exports an estimated 12.5 billion cubic feet (Bcf) per day or 92 million metric tons annually. marketbeat.com - 1 month ago
Antero Resources Corporation (AR) Q4 2024 Earnings Call Transcript Antero Resources Corporation (NYSE:AR ) Q4 2024 Earnings Conference Call February 13, 2025 11:00 AM ET Company Participants Brendan Krueger - Vice President, Finance Paul Rady - President, Chairman and Chief Executive Officer Dave Cannelongo - Senior Vice President, Liquids Marketing and Transportation Justin Fowler - Senior Vice President, Natural Gas Marketing Michael Kennedy - Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan John Freeman - Raymond James Bert Donnes - Truist Securities Neil Mehta - Goldman Sachs Asset Management Kevin MacCurdy - Pickering Energy Partners Leo Mariani - ROTH MKM Kalei Akamine - Bank of America David Deckelbaum - TD Cowen Roger Read - Wells Fargo Betty Jiang - Barclays Paul Diamond - Citi Nitin Kumar - Mizuho Securities Operator Greetings, and welcome to the Antero Resources Fourth Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 2 months ago
Antero Resources (AR) Upgraded to Strong Buy: What Does It Mean for the Stock? Antero Resources (AR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. zacks.com - 2 months ago
Antero Resources Q4 Earnings Beat Estimates on Higher Production AR's Q4 earnings beat estimates on higher gas-equivalent production volumes. However, revenues witness a year-over-year decline. zacks.com - 2 months ago
Antero Resources: First Quarter Should Be Better Still January's cold spells and the February cold spells as well have significantly reduced natural gas storage, benefiting Antero Resources. Natural gas prices began rising in December.  It is not common for a company to have a stronger fourth quarter than the first quarter in the same fiscal year. Even weak La Niñas are known for cold spells, suggesting continued high demand for natural gas this winter.  The natural gas pricing recovery may be underway. seekingalpha.com - 2 months ago
Antero Resources (AR) Reports Q4 Earnings: What Key Metrics Have to Say The headline numbers for Antero Resources (AR) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 months ago
Antero Resources (AR) Surpasses Q4 Earnings Estimates Antero Resources (AR) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.22 per share a year ago. zacks.com - 2 months ago
8. Profile Summary

Antero Resources Corporation AR

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COUNTRY US
INDUSTRY Oil & Gas Exploration & Production
MARKET CAP $ 10.6 B
Dividend Yield 0.29%
Description Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2021, it had approximately 502,000 net acres in the Appalachian Basin; and 174,000 net acres in the Upper Devonian Shale. The company also owned and operated 494 miles of gas gathering pipelines in the Appalachian Basin; and 21 compressor stations. It had estimated proved reserves of 17.7 trillion cubic feet of natural gas equivalent, including 10.2 trillion cubic feet of natural gas; 718 million barrels of assumed recovered ethane; 501 million barrels of primarily propane, isobutane, normal butane, and natural gasoline; and 36 million barrels of oil. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was founded in 2002 and is headquartered in Denver, Colorado.
Contact 1615 Wynkoop Street, Denver, CO, 80202 https://www.anteroresources.com
IPO Date Oct. 10, 2013
Employees 616
Officers Mr. Michael N. Kennedy Senior Vice President of Finance & Chief Financial Officer Mr. Timothy J. C. Rady Senior Vice President of Land Mr. Jon S. McEvers Senior Vice President of Operations Mr. Steven M. Woodward Senior Vice President of Business Development Mr. J. Kevin Ellis Regional Senior Vice President Mr. Robert H. Krcek Senior Vice President of Midstream Mr. Paul M. Rady Co-Founder, President, Chairman & Chief Executive Officer Ms. Yvette K. Schultz J.D. Chief Compliance Officer, Senior Vice President of Legal, General Counsel & Corporate Secretary Ms. Sheri L. Pearce Senior Vice President of Accounting & Chief Accounting Officer Mr. W. Patrick Ash Senior Vice President of Reserves, Planning & Midstream