Old West Investment Management LLC Purchases New Shares in Antero Resources Corporation $AR

Old West Investment Management LLC acquired a new stake in Antero Resources Corporation (NYSE:ARFree Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 533,355 shares of the oil and natural gas company’s stock, valued at approximately $18,742,000. Antero Resources makes up about 2.0% of Old West Investment Management LLC’s holdings, making the stock its 14th biggest position. Old West Investment Management LLC owned 0.17% of Antero Resources at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp bought a new stake in shares of Antero Resources in the second quarter valued at about $106,063,000. Diamond Hill Capital Management LLC Investment Advisor acquired a new position in shares of Antero Resources in the second quarter valued at about $100,212,000. Assenagon Asset Management S.A. increased its position in Antero Resources by 177.4% during the first quarter. Assenagon Asset Management S.A. now owns 3,611,248 shares of the oil and natural gas company’s stock worth $153,261,000 after acquiring an additional 2,309,388 shares during the period. AQR Capital Management LLC raised its stake in Antero Resources by 140.2% in the 3rd quarter. AQR Capital Management LLC now owns 3,467,536 shares of the oil and natural gas company’s stock worth $116,371,000 after purchasing an additional 2,023,828 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in Antero Resources in the 4th quarter worth about $58,831,000. Institutional investors own 83.04% of the company’s stock.

Antero Resources Trading Up 0.1%

AR opened at $37.42 on Monday. The stock has a market capitalization of $11.50 billion, a price-to-earnings ratio of 10.75 and a beta of 0.34. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.29. Antero Resources Corporation has a twelve month low of $29.10 and a twelve month high of $45.75. The company has a 50-day simple moving average of $34.85 and a 200 day simple moving average of $36.65.

Key Headlines Impacting Antero Resources

Here are the key news stories impacting Antero Resources this week:

  • Positive Sentiment: Zacks Research raised several earnings forecasts. Estimates increased for Q3 2026 EPS to $1.01 from $0.89, Q4 2026 EPS to $1.04 from $0.97, FY2026 EPS to $3.89 from $3.71, FY2027 EPS to $3.59 from $3.53, and FY2028 EPS to $4.27 from $4.07. The revisions indicate improved expectations for Antero Resources’ longer-term earnings performance.
  • Positive Sentiment: Zacks also lifted its Q1 2027 EPS estimate to $1.06 from $0.97, Q3 2027 EPS to $0.81 from $0.77, and Q1 2028 EPS to $1.13 from $0.83. These upgrades provide additional support for the stock’s recent strength.
  • Positive Sentiment: Siebert Williams Shank reaffirmed its Buy rating on AR, reinforcing a positive Wall Street view of the oil and natural gas producer. Siebert Williams Shank & Co Reaffirms Their Buy Rating on Antero Resources
  • Positive Sentiment: Benchmark projected strong price appreciation for Antero Resources, adding to the bullish sentiment surrounding the shares. Benchmark Forecasts Strong Price Appreciation for Antero Resources
  • Neutral Sentiment: Despite the upgrades, Zacks Research maintained a Hold rating. Its current full-year earnings consensus is $3.94 per share, above the revised FY2026 estimate but below the FY2028 forecast, leaving valuation and commodity-price risks as important considerations.
  • Negative Sentiment: Zacks reduced its Q4 2027 EPS estimate to $1.01 from $1.06 and Q2 2028 EPS to $1.05 from $1.08. These cuts temper the otherwise favorable earnings-revision trend.

Wall Street Analyst Weigh In

A number of research firms have issued reports on AR. Williams Trading set a $56.00 price objective on shares of Antero Resources in a report on Monday, April 20th. Wells Fargo & Company lifted their price target on shares of Antero Resources from $52.00 to $57.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Zacks Research cut Antero Resources from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Wolfe Research reiterated an “outperform” rating and issued a $48.00 price target on shares of Antero Resources in a research note on Thursday, July 30th. Finally, Mizuho increased their price target on Antero Resources from $54.00 to $57.00 and gave the stock an “outperform” rating in a research report on Thursday, June 25th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $48.31.

View Our Latest Report on Antero Resources

About Antero Resources

(Free Report)

Antero Resources Corporation is an independent exploration and production company focused on the development of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin of the United States. The company’s operations target the Marcellus and Utica shales, where it applies advanced drilling and completion techniques to optimize recovery from its large acreage position. Antero’s portfolio encompasses significant reserves of ethane, propane and other NGLs, alongside dry gas volumes that are positioned to serve both domestic and export markets.

Headquartered in Denver, Colorado, Antero Resources holds approximately 1.8 million net acres of leasehold interests across parts of West Virginia and Ohio.

See Also

Institutional Ownership by Quarter for Antero Resources (NYSE:AR)

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