Antero Resources Corporation with ticker code (AR) have now 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $44.00 and $24.00 with the average target price sitting at $31.76. Given that the stocks previous close was at $22.75 and the analysts are correct then we can expect a percentage increase in value of 39.6%. It’s also worth noting that there is a 50 day moving average of $25.16 while the 200 day moving average is $24.32. The market cap for the company is 6.89B. The current share price for the company is: $22.93 USD
The potential market cap would be $9,620,800,514 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 8.34, 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.
