Capital One Financial Comments on Antero Resources Corp’s FY2017 Earnings (AR)

Antero Resources Corp (NYSE:AR) – Capital One Financial upped their FY2017 earnings estimates for shares of Antero Resources in a research note issued on Tuesday, Zacks Investment Research reports. Capital One Financial analyst B. Velie now anticipates that the oil and natural gas company will earn $0.03 per share for the year, up from their prior forecast of ($0.05).

AR has been the subject of several other research reports. Zacks Investment Research downgraded Antero Resources from a “hold” rating to a “sell” rating in a research report on Wednesday, December 20th. Barclays downgraded Antero Resources from an “overweight” rating to an “equal weight” rating and set a $21.00 target price for the company. in a research report on Monday, November 20th. Jefferies Group set a $20.00 target price on Antero Resources and gave the stock a “hold” rating in a research report on Friday, November 17th. Robert W. Baird reiterated a “buy” rating and issued a $28.00 price objective on shares of Antero Resources in a research report on Wednesday, January 17th. Finally, Credit Suisse Group started coverage on Antero Resources in a research report on Monday, December 11th. They issued a “neutral” rating and a $21.00 price objective for the company. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and ten have assigned a buy rating to the company’s stock. Antero Resources has an average rating of “Hold” and an average price target of $25.11.

Antero Resources (AR) opened at $18.93 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.85 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $5,862.03, a P/E ratio of 9.76, a P/E/G ratio of 3.14 and a beta of 0.93. Antero Resources has a 52-week low of $16.31 and a 52-week high of $25.98.

Several hedge funds have recently added to or reduced their stakes in AR. Twin Tree Management LP bought a new stake in shares of Antero Resources during the fourth quarter worth $143,000. Toronto Dominion Bank raised its position in shares of Antero Resources by 244.3% during the third quarter. Toronto Dominion Bank now owns 9,326 shares of the oil and natural gas company’s stock worth $186,000 after acquiring an additional 6,617 shares during the last quarter. James Hambro & Partners bought a new stake in shares of Antero Resources during the fourth quarter worth $190,000. SG Americas Securities LLC bought a new stake in shares of Antero Resources during the fourth quarter worth $191,000. Finally, Balasa Dinverno & Foltz LLC bought a new stake in shares of Antero Resources during the third quarter worth $211,000. Institutional investors own 97.23% of the company’s stock.

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About Antero Resources

Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity.

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