Antero Resources Corporation with ticker code (AR) have now 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $38.00 and $24.00 calculating the mean target price we have $30.18. Given that the stocks previous close was at $23.44 and the analysts are correct then there would likely be a percentage uptick in value of 28.8%. Also worth taking note is the 50 day moving average now sits at $24.52 and the 200 day moving average is $24.34. The company has a market capitalization of 6.83B. The stock price is currently at: $22.73 USD
The potential market cap would be $8,795,674,032 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 8.27, revenue per share of $17.45 and a 5.74% 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.
