Antero Resources Corporation with ticker code (AR) now have 19 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $44.00 and $25.00 calculating the mean target price we have $34.05. Given that the stocks previous close was at $30.26 this now indicates there is a potential upside of 12.5%. It’s also worth noting that there is a 50 day moving average of $27.32 and the 200 day MA is $28.20. The company has a market capitalization of 9.46B. The price for the stock stands currently at: $30.43 USD
The potential market cap would be $10,649,281,721 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 117.04, revenue per share of $14.31 and a 1.09% return on assets.
Antero Resources Corporation is an independent oil and natural gas company. The Company is engaged in the development, production, exploration and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company operates in three segments: the exploration, development, and production of natural gas, NGLs and oil; marketing of excess firm transportation capacity, and midstream services through its equity method investment in Antero Midstream Corporation (Antero Midstream). The Company holds approximately 504,000 net acres of natural gas, NGLs and oil properties located in the Appalachian Basin, primarily in West Virginia and Ohio. The Company has ownership in Antero Midstream Corporation, which consists of gathering systems and compression facilities, water handling and blending facilities, and interests in processing and fractionation plants.
