Antero Resources Corporation with ticker code (AR) now have 16 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 $29.00 calculating the mean target price we have $36.50. Now with the previous closing price of $26.55 this now indicates there is a potential upside of 37.5%. Also worth taking note is the 50 day moving average now sits at $29.64 while the 200 day moving average is $27.77. The company has a market capitalization of 8.37B. Currently the stock stands at: $26.90 USD
The potential market cap would be $11,501,401,846 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 103.46, 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.
