Antero Resources (NYSE:AR) Posts Earnings Results, Beats Estimates By $0.14 EPS

Antero Resources (NYSE:AR) announced its earnings results on Wednesday. The oil and natural gas company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.14, Zacks reports. Antero Resources had a negative return on equity of 0.59% and a net margin of 1.03%.

Antero Resources Stock Performance

Antero Resources stock opened at $38.16 on Thursday. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $11.87 billion, a P/E ratio of 272.55 and a beta of 3.33. The stock has a fifty day moving average price of $36.09 and a 200 day moving average price of $31.04. Antero Resources has a 52 week low of $20.56 and a 52 week high of $41.53.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Mizuho lifted their target price on Antero Resources from $35.00 to $40.00 and gave the company a “neutral” rating in a research report on Monday, December 16th. StockNews.com raised shares of Antero Resources to a “sell” rating in a research report on Thursday, January 16th. The Goldman Sachs Group increased their price objective on Antero Resources from $39.00 to $44.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Bank of America started coverage on Antero Resources in a research note on Monday, October 28th. They set a “buy” rating and a $36.00 target price for the company. Finally, UBS Group increased their price target on Antero Resources from $39.00 to $44.00 and gave the company a “neutral” rating in a research report on Thursday. One analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $39.31.

Antero Resources Company Profile

Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream.