AR Stock Recent News

The time to purchase natural gas stocks is when they are left for "dead". The activity levels in the Haynesville swing basin indicate a decline in production, which supports Antero Resources' decision to sell hedges. Antero Resources' sales strategy focuses on selling natural gas to the stronger world market, which can result in sales prices above the benchmark price.

Antero Resources Corp  (NYSE:AR) stock is down 2.2% at $24.41 at last glance, and carries a 21.2% year-to-date deficit.

Antero Resources benefits from strong demand and subdued supply growth in the natural gas market. The company has a well-performing midstream network and access to the LNG Fairway, allowing for better prices and export opportunities. Antero's commitment to efficiency and capital management positions it for future growth and cash flow generation, with the potential for substantial capital gains.

Since the inception of the buyback plan in the first quarter of 2022, Antero Resources (AR) has repurchased 31.1 million shares for roughly $1 billion.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

The headline numbers for Antero Resources (AR) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Antero Resources (AR) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to earnings of $1.69 per share a year ago.

Antero Resources' Q2 results are affected by current market conditions, conditions that don't seem supportive of strong results. Antero's EBITDA for Q2 is estimated to be between $250-$300 million, lower than the $410 million generated in Q1 2023, but the company expects 45% of its total revenue to come from liquids. A major risk for Antero includes dependency on European shortages for stronger natural gas prices.

Natural gas production growth is weaker than expected, demand remains strong, and overseas prices are accelerating, making Antero Resources stock a favorable investment. The changing situation in Europe, with increased dependence on LNG imports, contributes to the bullish outlook on natural gas. Despite elevated risks and economic weakness, the risk/reward ratio for investing in natural gas, particularly Antero Resources, appears favorable.

Antero Resources (AR) has more than 20 years of premium core drilling inventory.