Antero Resources/$AR
1D1W1MYTD1Y5YMAX
Capital at risk
About Antero Resources
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.
- Ticker
- $AR
- Sector
- Energy
- Primary listing
- NYSE
- Employees
- 632
- Headquarters
- Denver, United States
- Website
- www.anteroresources.com
Antero Resources Metrics
BasicAdvanced
$10B
9.57
$3.49
0.33
-
Price and volume
Market cap
$10B
Beta
0.33
52-week high
$45.75
52-week low
$29.10
Average daily volume
3.9M
Financial strength
Current ratio
0.401
Quick ratio
0.28
Long term debt to equity
0.469
Total debt to equity
0.555
Interest coverage (TTM)
12.89%
Profitability
EBITDA (TTM)
2,316.947
Gross margin (TTM)
67.15%
Net profit margin (TTM)
18.75%
Operating margin (TTM)
25.61%
Effective tax rate (TTM)
23.12%
Revenue per employee (TTM)
$9,150,000
Management effectiveness
Return on assets (TTM)
6.61%
Return on equity (TTM)
14.22%
Valuation
Price to earnings (TTM)
9.569
Price to revenue (TTM)
1.784
Price to book
1.24
Price to tangible book (TTM)
1.24
Price to free cash flow (TTM)
13.475
Free cash flow yield (TTM)
7.42%
Free cash flow per share (TTM)
2.478
Growth
Revenue change (TTM)
18.71%
Earnings per share change (TTM)
129.96%
3-year revenue growth (CAGR)
-4.71%
10-year revenue growth (CAGR)
13.70%
3-year earnings per share growth (CAGR)
-8.10%
10-year earnings per share growth (CAGR)
26.84%
What the Analysts think about Antero Resources
Analyst ratings (Buy, Hold, Sell) for Antero Resources stock.
Analyst projections of the future price of Antero Resources stock.
Bulls say / Bears say
Antero delivered record second-quarter production of more than 4.1 Bcfe/d, up 21% year on year, and raised its 2026 production guidance to 4.15–4.2 Bcfe/d. It also lowered cash production expense guidance, suggesting stronger near-term operating leverage. (PR Newswire)
The HG Energy integration and recent Marcellus acquisitions are lowering Antero’s unit costs while adding production and drilling locations. Management is targeting a further $0.70/Mcfe reduction in cash costs, or 25% from 2025 levels, by the end of 2028. (Antero Resources 10-Q, PR Newswire)
Antero’s firm transport portfolio gives it access to LNG, power and data-centre demand rather than relying only on local Appalachian prices. Management says several regional projects are already under construction or have reached final investment decision, which could improve demand and realised pricing over time. (The Motley Fool, AOL)
The HG Energy acquisition materially increased financial risk: Antero funded it with a $1.5bn term loan and $750m of senior notes, while reported net debt rose to about $2.6bn by June. Lower gas or NGL prices could therefore slow debt reduction and restrict shareholder returns. (Antero Resources 10-Q, StockTitan)
Antero’s hedge book does not cover most future production, leaving cash flow exposed when protection rolls off. Management said 2027 gas hedging was 34%, while the liquids business remains unhedged. (The Motley Fool, AOL)
Higher VLGC freight rates are creating headwinds for Antero’s US LPG exports, which can reduce the value of its NGL production even when global demand is firm. The company expects new vessel supply to ease this pressure, but that relief is not immediate or guaranteed. (The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.
Antero Resources Financial Performance
Revenues and expenses
Antero Resources Earnings Performance
Company profitability
Upcoming events
No upcoming events
Antero Resources News
AllArticlesVideos
Funds containing Antero Resources
AllUSDEURGBP
Fund name | Fund size | $AR weighting |
|---|---|---|
iShares Oil & Gas Exploration & Production$IOGP | $438M | 1.46% |
iShares Oil & Gas Exploration & Production€IOGP | €376M | 1.46% |
iShares Oil & Gas Exploration & Production£SPOG | £323M | 1.46% |
SPDR S&P 400 US Mid Cap$SPY4 | $6.3B | 0.30% |
SPDR S&P 400 US Mid Cap£SPX4 | £4.7B | 0.30% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.