Antero Resources Earnings: Material Progress on Margin Optimization; Nearly Half Realized
Antero's production of 4,234 million cubic feet equivalent per day, slightly under the guided 4,275 mcfe/d.
Antero Resources Corp AR
Bulls Say, Bears Say
Bulls
Antero’s long-haul transport contracts give it priority access to LNG export markets, enabling it to benefit from soaring overseas demand for US natural gas.
Bears
Antero’s margins are weakened by above-average unit costs, driven by less favorable transportation contract structures.
News
Antero Midstream Announces Third Quarter 2026 Financial and Operating Results
Antero Resources Announces Third Quarter 2026 Financial and Operating Results
Antero Resources Announces Third Quarter 2026 Earnings Release Date and Conference Call
Antero Resources Corporation Settles DOJ Air Pollution Case
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Trading Information
- Previous Close Price
- $37.63
- Day Range
- $37.41–38.28
- 52-Week Range
- $31.15–45.75
- Bid/Ask
- $37.57 / $38.40
- Shares Outstanding
- 307.14M
- Market Cap
- $11.74B
- Volume/Avg
- 2M / 4M
Key Statistics
- Price/Earnings (Normalized)
- 15.15
- Price/Sales
- 2.01
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- Total Yield
- 0.81%
Company Profile
Antero Resources is an exploration and production firm whose operations represent a pure play in the Marcellus Shale, located in northern West Virginia. The company started in 2002 as an E&P focused on the Barnett Shale (Fort Worth, Texas). Antero redefined itself in Appalachia's Marcellus Shale in 2005. In 2012, shortly before Antero’s 2013 IPO, Antero Midstream Partners was formed to handle the company’s rapidly growing gas volumes. In 2026, the firm narrowed its focus further by selling its Ohio Utica assets and using the proceeds to acquire additional Marcellus acreage from HG Energy. Just over half of its production and earning power is tied to natural gas, with the remainder mostly NGLs, where it holds a leading position, and some crude oil.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Stock Style Box
- Small Value
- Total Number of Employees
- 632
Competitors
Valuation
Metric | AR | EXE | EQT |
|---|---|---|---|
Price/Earnings (Normalized) | 15.15 | 10.15 | 12.90 |
Price/Book Value | 1.34 | 1.04 | 1.28 |
Price/Sales | 2.01 | 1.50 | 3.51 |
Price/Cash Flow | 5.24 | 3.72 | 5.13 |
Price/Earnings
AR
EXE
EQT
Financial Strength
Metric | AR | EXE | EQT |
|---|---|---|---|
Quick Ratio | 0.23 | 0.44 | 0.51 |
Current Ratio | 0.39 | 0.90 | 0.71 |
Interest Coverage | 14.30 | 17.86 | 11.69 |
Quick Ratio
AR
EXE
EQT
Profitability
Metric | AR | EXE | EQT |
|---|---|---|---|
Return on Assets (Normalized) | 7.51% | 7.19% | 6.11% |
Return on Equity (Normalized) | 13.61% | 10.82% | 10.32% |
Return on Invested Capital (Normalized) | 9.69% | 9.36% | 8.06% |
Return on Assets
AR
EXE
EQT
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United States