Antero Resources (NYSE:AR) – Capital One Financial reduced their Q2 2018 earnings per share estimates for shares of Antero Resources in a report released on Thursday, April 12th. Capital One Financial analyst B. Velie now anticipates that the oil and natural gas company will earn $0.28 per share for the quarter, down from their previous estimate of $0.35.

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Antero Resources (NYSE:AR) last issued its quarterly earnings results on Tuesday, February 13th. The oil and natural gas company reported $0.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.11. The company had revenue of $919.84 million for the quarter, compared to the consensus estimate of $857.64 million. Antero Resources had a return on equity of 0.83% and a net margin of 16.83%.

Several other research analysts also recently commented on the company. ValuEngine downgraded Antero Resources from a “sell” rating to a “strong sell” rating in a research report on Friday, April 6th. Zacks Investment Research raised Antero Resources from a “hold” rating to a “strong-buy” rating and set a $23.00 price target on the stock in a research report on Wednesday, March 21st. BMO Capital Markets reaffirmed a “buy” rating and issued a $23.00 price target on shares of Antero Resources in a research report on Tuesday, February 27th. Jefferies Group set a $23.00 price target on Antero Resources and gave the stock a “hold” rating in a research report on Tuesday, January 30th. Finally, Raymond James Financial downgraded Antero Resources from a “strong-buy” rating to an “outperform” rating and set a $24.00 price target on the stock. in a research report on Monday, January 29th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Antero Resources has an average rating of “Hold” and an average price target of $24.13.

Shares of NYSE AR opened at $20.62 on Monday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $6,558.38, a price-to-earnings ratio of 171.83, a price-to-earnings-growth ratio of 1.16 and a beta of 0.81. Antero Resources has a 12 month low of $16.31 and a 12 month high of $22.68.

A number of hedge funds have recently made changes to their positions in the stock. Swiss National Bank boosted its stake in Antero Resources by 0.4% in the 4th quarter. Swiss National Bank now owns 814,700 shares of the oil and natural gas company’s stock valued at $15,479,000 after buying an additional 3,100 shares in the last quarter. Xact Kapitalforvaltning AB boosted its stake in Antero Resources by 16.1% in the 4th quarter. Xact Kapitalforvaltning AB now owns 24,711 shares of the oil and natural gas company’s stock valued at $470,000 after buying an additional 3,423 shares in the last quarter. AMP Capital Investors Ltd boosted its stake in Antero Resources by 9.5% in the 3rd quarter. AMP Capital Investors Ltd now owns 42,524 shares of the oil and natural gas company’s stock valued at $846,000 after buying an additional 3,685 shares in the last quarter. Toronto Dominion Bank boosted its stake in Antero Resources by 39.6% in the 4th quarter. Toronto Dominion Bank now owns 13,015 shares of the oil and natural gas company’s stock valued at $247,000 after buying an additional 3,689 shares in the last quarter. Finally, OLD Mutual Customised Solutions Proprietary Ltd. boosted its stake in Antero Resources by 33.9% in the 4th 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 buying an additional 4,000 shares in the last quarter. 94.45% of the stock is currently owned by institutional investors and hedge funds.

In other news, insider K. Phil Yoo sold 2,500 shares of the business’s stock in a transaction that occurred on 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 legal filing 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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