Antero Resources (NYSE:AR) – Equities research analysts at Seaport Global Securities issued their Q1 2018 earnings estimates for Antero Resources in a note issued to investors on Tuesday, April 3rd. Seaport Global Securities analyst M. Kelly anticipates that the oil and natural gas company will post earnings per share of $0.26 for the quarter. Seaport Global Securities also issued estimates for Antero Resources’ Q2 2018 earnings at $0.13 EPS, Q3 2018 earnings at $0.26 EPS, Q4 2018 earnings at $0.29 EPS and FY2018 earnings at $0.95 EPS.
Antero Resources (NYSE:AR) last announced its quarterly earnings data on Tuesday, February 13th. The oil and natural gas company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.11. Antero Resources had a return on equity of 0.83% and a net margin of 16.83%. The business had revenue of $919.84 million during the quarter, compared to analysts’ expectations of $857.64 million.
A number of other equities research analysts have also recently commented on the company. ValuEngine cut Antero Resources from a “sell” rating to a “strong sell” rating in a research note on Friday. Zacks Investment Research raised Antero Resources from a “hold” rating to a “strong-buy” rating and set a $23.00 price objective for the company in a research note on Wednesday, March 21st. BMO Capital Markets reaffirmed a “buy” rating and set a $23.00 price objective on shares of Antero Resources in a research note on Tuesday, February 27th. Jefferies Group set a $23.00 price objective on Antero Resources and gave the stock a “hold” rating in a research note on Tuesday, January 30th. Finally, Raymond James Financial cut Antero Resources from a “strong-buy” rating to an “outperform” rating and set a $24.00 price objective for the company. in a research note on Monday, January 29th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $24.13.
Shares of Antero Resources stock opened at $20.11 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.54. Antero Resources has a 12 month low of $16.31 and a 12 month high of $23.56. The firm has a market cap of $6,216.53, a P/E ratio of 167.58, a P/E/G ratio of 1.10 and a beta of 0.81.
Several institutional investors have recently modified their holdings of the company. Elkfork Partners LLC bought a new stake in shares of Antero Resources in the fourth quarter valued at about $1,848,000. Xact Kapitalforvaltning AB lifted its holdings in shares of Antero Resources by 16.1% in the fourth quarter. Xact Kapitalforvaltning AB now owns 24,711 shares of the oil and natural gas company’s stock valued at $470,000 after purchasing an additional 3,423 shares in the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. lifted its holdings in shares of Antero Resources by 33.9% in the fourth quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 15,800 shares of the oil and natural gas company’s stock valued at $300,000 after purchasing an additional 4,000 shares in the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lifted its holdings in shares of Antero Resources by 56.3% in the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 308,100 shares of the oil and natural gas company’s stock valued at $5,854,000 after purchasing an additional 111,000 shares in the last quarter. Finally, Sanders Morris Harris LLC lifted its holdings in shares of Antero Resources by 108.4% in the fourth quarter. Sanders Morris Harris LLC now owns 190,836 shares of the oil and natural gas company’s stock valued at $3,626,000 after purchasing an additional 99,262 shares in the last quarter. Institutional investors own 94.31% of the company’s stock.
In other Antero Resources news, insider K. Phil Yoo sold 2,500 shares of Antero Resources stock in a transaction dated Friday, March 2nd. The stock was sold at an average price of $20.00, for a total transaction of $50,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 9.20% of the company’s stock.
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About Antero Resources
Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, produces, and develops natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2017 had approximately 484,000 net acres in the southwestern core of the Marcellus Shale; approximately 137,000 net acres in the core of the Utica Shale; and approximately 214,000 net acres of Marcellus Shale leasehold.
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