Antero Resources (AR) to Release Earnings on Wednesday

Antero Resources (NYSE:AR) will likely be issuing its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Antero Resources Trading Up 5.7 %

Shares of AR opened at $40.02 on Tuesday. The stock’s fifty day simple moving average is $35.78 and its 200-day simple moving average is $30.91. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $12.45 billion, a PE ratio of 285.86 and a beta of 3.33. Antero Resources has a 12-month low of $20.56 and a 12-month high of $41.53.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Citigroup raised their target price on shares of Antero Resources from $29.00 to $35.00 and gave the company a “neutral” rating in a research note on Friday, December 6th. Raymond James lifted their target price on shares of Antero Resources from $44.00 to $60.00 and gave the stock a “strong-buy” rating in a report on Thursday, January 23rd. The Goldman Sachs Group increased their price target on Antero Resources from $39.00 to $44.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Mizuho lifted their price objective on Antero Resources from $35.00 to $40.00 and gave the stock a “neutral” rating in a research note on Monday, December 16th. Finally, Truist Financial raised their target price on Antero Resources from $28.00 to $38.00 and gave the stock a “hold” rating in a report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $39.00.

Antero Resources Company Profile

Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream.