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AR

37.27USD-0.27(-0.72%)Market Closed

Antero Resources Corp

Market Summary

USD37.27-0.27Market Closed
-0.72%

AR Alerts

AR Stock Price

RSI Chart

Valuation

Market Cap

10.7B

Price/Earnings

10.37

Price/Sales

1.2

Price/Cashflow

3.5

MarketCap/EBT

3.86

Price/Sales

Profitability

EBT Margin

31.07%

Return on Equity

15.9%

Return on Assets

7.14%

Fundamentals

Revenue

Revenue (TTM)

8.9B

Revenue Y/Y

45.78%

Revenue Q/Q

5.18%

Earnings

Earnings (TTM)

1.0B

Earnings Y/Y

251.94%

Earnings Q/Q

564.83%

Price Action

52 Week Range

15.3848.80
(Low)(High)

Last 7 days

9.1%

Last 30 days

5.1%

Last 90 days

-11.8%

Trailing 12 Months

96.5%

Financial Health

Current Ratio

0.38

Investor Care

Buy Backs (1Y)

4.39%

Diluted EPS (TTM)

6.45

Peers (Alternatives to Antero Resources)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
78.3B
22.2B
6.21% 66.79%
13.73
3.53
70.19% 203.78%
66.9B
36.8B
-3.09% 121.01%
6.09
1.96
69.86% 4049.24%
61.4B
24.8B
-4.28% 42.37%
8.62
2.47
81.49% 409.80%
49.8B
19.7B
-11.14% 59.67%
9.45
2.71
83.28% 424.48%
26.7B
9.6B
-2.59% 39.50%
6.94
2.93
73.79% 893.42%
14.4B
10.9B
0.76% 64.95%
4.67
1.31
73.36% 286.92%
12.8B
14.1B
5.47% 44.58%
5.25
0.97
63.46% 733.33%
MID-CAP
7.8B
3.1B
-2.21% 50.39%
6.63
2.55
105.26% 318.63%
7.1B
5.4B
5.79% 39.00%
5.66
1.32
97.87% 385.71%
4.4B
2.3B
-33.88% 7.97%
4.99
1.94
101.44% 11.78%
4.2B
2.6B
7.39% 114.53%
12.34
1.58
131.99% 194.19%
2.8B
2.3B
-1.23% 69.58%
15
1.38
104.75% 360.71%
2.7B
2.9B
-7.49% -31.25%
3.22
0.93
111.76% 166.14%
SMALL-CAP
1.4B
6.1B
2.77% 70.37%
13.64
0.23
72.58% 132.13%
1.1B
1.9B
-3.49% -6.98%
2.05
0.56
114.30% 186.49%

Financials for Antero Resources

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue10.0%8,8888,0766,9286,5105,760
  S&GA Expenses9.0%149137145142
Earnings Before Taxes111.4%2,7621,306-441.92-228.19-1,330.70
Net Income423.8%1,029-317.70-154.11-1,016.82
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.4%14,41314,21313,80413,89713,472
  Current Assets-3.7%9781,015725686709
    Cash EquivalentsNaN%-----
Liabilities0.1%7,9437,9398,0757,8308,336
  Current Liabilities2.8%2,5442,4752,5512,0682,803
    LT Debt, Non Current-25.6%1,1731,5771,9602,1252,341
Shareholder's Equity7.8%6,4706,0045,4745,7574,850
  Retained Earnings323.7%266-119.12-795.83-617.38-1,518.76
  Additional Paid-In Capital-2.9%5,9426,1206,2676,3716,366
Shares Outstanding-1.8%303309311314314
Minority Interest-4.2%259270255309285
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations34.0%3,0512,2761,6621,6601,428
  Share Based Compensation21.8%2823192022
Cashflow From Investing-4.6%-923.69-882.74-802.93-710.78-651.45
Cashflow From Financing-52.2%-2,127.53-1,398.03-859.13-949.33-776.63
  Buy Backs53.7%901586400

Risks

What is the probability of a big loss on AR?

96.9%


Probability that Antero Resources stock will be more than 20% underwater in next one year

66.9%


Probability that Antero Resources stock will be more than 30% underwater in next one year.

45.8%


Probability that Antero Resources stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Antero Resources was unfortunately bought at previous high price.

Returns

Cumulative Returns on AR

8.9%


7-Year Cumulative Returns

14.9%


5-Year Cumulative Returns

165.6%


3-Year Cumulative Returns

What are the long-term rolling returns for AR?

FIve years rolling returns for Antero Resources.

Which funds bought or sold AR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
20.37
106,000
639,000
0.03%
2022-11-22
Capital Impact Advisors, LLC
ADDED
61.27
242,000
523,000
0.52%
2022-11-21
Ninepoint Partners LP
NEW
-
12,212,000
12,212,000
1.52%
2022-11-21
Parallax Volatility Advisers, L.P.
REDUCED
-99.97
-3,210,000
1,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-3.49
-438,000
10,907,000
0.02%
2022-11-18
D L CARLSON INVESTMENT GROUP INC
SOLD OFF
-100
-245,000
-
-%
2022-11-18
CastleArk Alternatives, LLC
UNCHANGED
-
-2,000
403,000
3.45%
2022-11-17
M&T Bank Corp
ADDED
51.78
237,000
556,000
-%
2022-11-17
VisionPoint Advisory Group, LLC
REDUCED
-89.77
-3,019,000
253,000
0.12%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
1.36
9,000
939,000
-%

1–10 of 41

Latest Funds Activity

Are funds buying AR calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own AR

Antero Resources News

Investing.com

Black Friday Market Deals: Bargain Shopping Among the Healthiest Companies.36 hours ago

AR Fair Value

Recent SEC filings of Antero Resources

View All Filings
Date Filed Form Type Document
Nov 10, 2022
SC 13G/A
Major Ownership Report
Nov 07, 2022
4
Insider Trading
Nov 01, 2022
8-K
Current Report
Oct 26, 2022
10-Q
Quarterly Report
Oct 26, 2022
8-K
Current Report
Oct 21, 2022
4
Insider Trading
Oct 21, 2022
4
Insider Trading
Oct 21, 2022
4
Insider Trading
Oct 21, 2022
4
Insider Trading
Oct 21, 2022
4
Insider Trading

Latest Insider Trading transactions for AR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-03
Pearce Sheri
SOLD
-97,570
35.48
-2,750
See Remarks
2022-10-19
Pearce Sheri
ACQUIRED
-
-
13,158
See Remarks
2022-10-19
Kennedy Michael N.
ACQUIRED
-
-
48,872
See Remarks
2022-10-19
Schultz Yvette K
ACQUIRED
-
-
37,594
See Remarks
2022-10-19
Ash W Patrick
ACQUIRED
-
-
39,098
See Remarks
2022-10-19
RADY PAUL M
ACQUIRED
-
-
142,857
See Remarks
2022-10-10
Sutil Vicky
ACQUIRED
-
-
1,508
-
2022-10-10
Keenan W Howard JR
ACQUIRED
-
-
1,508
-
2022-10-10
CLARK ROBERT J
ACQUIRED
-
-
1,508
-
2022-10-10
Hardesty Benjamin A.
ACQUIRED
-
-
1,508
-

1–10 of 50

Paul M. Rady
520
Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2021, it had approximately 502,000 net acres in the Appalachian Basin; and 174,000 net acres in the Upper Devonian Shale. The company also owned and operated 494 miles of gas gathering pipelines in the Appalachian Basin; and 21 compressor stations. It had estimated proved reserves of 17.7 trillion cubic feet of natural gas equivalent, including 10.2 trillion cubic feet of natural gas; 718 million barrels of assumed recovered ethane; 501 million barrels of primarily propane, isobutane, normal butane, and natural gasoline; and 36 million barrels of oil. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was founded in 2002 and is headquartered in Denver, Colorado.

AR Income Statement

2022-09-30
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue and other:    
Revenue$ 2,583,865$ 1,772,415$ 6,829,011$ 4,450,839
Commodity derivative fair value losses(530,523)(1,250,466)(1,807,565)(2,260,062)
Amortization of deferred revenue, VPP9,47811,40428,12533,833
Other income1,8045303,578551
Total revenue2,064,624533,8835,053,1492,225,161
Operating expenses:    
Lease operating27,45325,36370,48671,555
Production and ad valorem taxes92,99852,219227,648130,610
General and administrative42,90332,442123,033108,693
Depletion, depreciation, and amortization169,607182,810511,390564,166
Impairment of oil and gas properties33,92426,25379,74969,618
Accretion of asset retirement obligations6308283,8782,947
Contract termination17,9953,37020,0994,305
(Gain) loss on sale of assets214(539)2,071(2,827)
Total operating expenses1,290,4641,217,9573,422,0703,457,645
Operating income (loss)774,160(684,074)1,631,079(1,232,484)
Other income (expense):    
Interest expense, net(28,326)(45,414)(100,252)(138,120)
Equity in earnings of unconsolidated affiliates14,97221,45054,86357,621
Loss on early extinguishment of debt(30,307)(16,567)(45,375)(82,836)
Loss on convertible note inducement and equitizations(169) (169)(50,777)
Transaction expense (626) (3,102)
Total other expense(43,830)(41,157)(90,933)(217,214)
Income (loss) before income taxes730,330(725,231)1,540,146(1,449,698)
Income tax benefit (expense)(135,823)158,656(308,302)337,568
Net income (loss) and comprehensive income (loss) including noncontrolling interests594,507(566,575)1,231,844(1,112,130)
Less: net income (loss) and comprehensive income (loss) attributable to noncontrolling interests34,748(17,257)63,369(23,846)
Net income (loss) and comprehensive income (loss) attributable to Antero Resources Corporation$ 559,759$ (549,318)$ 1,168,475$ (1,088,284)
Income (loss) per share-basic (in dollars per share)$ 1.83$ (1.75)$ 3.77$ (3.55)
Income (loss) per share-diluted (in dollars per share)$ 1.72$ (1.75)$ 3.51$ (3.55)
Weighted average number of shares outstanding:    
Basic (in shares)305,343313,790309,954306,201
Diluted (in shares)325,997313,790333,738306,201
Natural gas sales    
Revenue and other:    
Revenue$ 1,736,039$ 884,669$ 4,290,825$ 2,231,558
Natural gas liquids sales    
Revenue and other:    
Revenue620,816598,3271,983,5091,503,027
Oil sales    
Revenue and other:    
Revenue67,02556,734219,504153,326
Gathering, compression, water handling and treatment, processing, and transportation    
Operating expenses:    
Cost of goods and services sold716,388628,2251,962,8781,874,664
Marketing.    
Revenue and other:    
Revenue159,985232,685335,173562,928
Operating expenses:    
Cost of goods and services sold185,377266,751415,571627,822
Exploration and mine expenses    
Operating expenses:    
Cost of goods and services sold$ 2,975$ 235$ 5,267$ 6,092

AR Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Accounts receivable$ 23,770$ 78,998
Accrued revenue924,343591,442
Derivative instruments954757
Other current assets28,58714,922
Total current assets977,654686,119
Oil and gas properties, at cost (successful efforts method):  
Unproved properties999,2731,042,118
Proved properties13,103,29412,646,303
Gathering systems and facilities5,8025,802
Other property and equipment129,853116,522
Property and equipment, gross14,238,22213,810,745
Less accumulated depletion, depreciation, and amortization(4,587,529)(4,283,700)
Property and equipment, net9,650,6939,527,045
Operating leases right-of-use assets3,541,5763,419,912
Derivative instruments7,32714,369
Investment in unconsolidated affiliate222,882232,399
Other assets13,24616,684
Total assets14,413,37813,896,528
Current liabilities:  
Accounts payable103,64024,819
Accounts payable, related parties74,58476,240
Accrued liabilities497,547457,244
Revenue distributions payable682,327444,873
Derivative instruments612,237559,851
Short-term lease liabilities535,347456,347
Deferred revenue, VPP32,33037,603
Other current liabilities6,01011,140
Total current liabilities2,544,0222,068,117
Long-term liabilities:  
Long-term debt1,172,8282,125,444
Deferred income tax liability, net619,342318,126
Derivative instruments445,481181,806
Long-term lease liabilities3,007,6362,964,115
Deferred revenue, VPP95,514118,366
Other liabilities58,29354,462
Total liabilities7,943,1167,830,436
Commitments and contingencies
Equity:  
Preferred stock, $0.01 par value; authorized - 50,000 shares; none issued
Common stock, $0.01 par value; authorized - 1,000,000 shares; 313,930 shares and 303,131 shares issued and outstanding as of December 31, 2021 and September 30, 2022, respectively3,0313,139
Additional paid-in capital5,941,9776,371,398
Retained earnings (accumulated deficit)266,468(617,377)
Total stockholders' equity6,211,4765,757,160
Noncontrolling interests258,786308,932
Total equity6,470,2626,066,092
Total liabilities and equity$ 14,413,378$ 13,896,528