KeyCorp reaffirmed their buy rating on shares of Antero Resources Corporation (NYSE:AR) in a report published on Sunday. They currently have a $33.00 target price on the oil and natural gas company’s stock. KeyCorp also issued estimates for Antero Resources Corporation’s Q3 2017 earnings at $0.02 EPS, Q4 2017 earnings at $0.09 EPS, FY2017 earnings at $0.09 EPS and FY2018 earnings at $0.93 EPS.

A number of other equities research analysts have also recently commented on the stock. Citigroup Inc. lowered their price objective on shares of Antero Resources Corporation from $34.00 to $27.00 and set a buy rating on the stock in a research note on Friday, July 21st. BMO Capital Markets reissued a buy rating and issued a $26.00 price objective on shares of Antero Resources Corporation in a research note on Thursday, June 22nd. Zacks Investment Research raised shares of Antero Resources Corporation from a hold rating to a buy rating and set a $24.00 price objective on the stock in a research note on Friday, July 21st. Scotiabank set a $31.00 price objective on shares of Antero Resources Corporation and gave the company a buy rating in a research note on Monday, May 8th. Finally, ValuEngine cut shares of Antero Resources Corporation from a hold rating to a sell rating in a research note on Friday, June 2nd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of Buy and a consensus target price of $29.31.

Antero Resources Corporation (NYSE AR) opened at 19.95 on Friday. Antero Resources Corporation has a 52-week low of $18.23 and a 52-week high of $28.30. The firm has a market capitalization of $6.29 billion, a price-to-earnings ratio of 463.95 and a beta of 0.95. The company’s 50-day moving average is $19.76 and its 200-day moving average is $21.50.

Antero Resources Corporation (NYSE:AR) last issued its quarterly earnings data on Wednesday, August 2nd. The oil and natural gas company reported ($0.04) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.03) by $0.01. The business had revenue of $736 million during the quarter, compared to analyst estimates of $778.55 million. Antero Resources Corporation had a net margin of 0.48% and a return on equity of 1.44%. Antero Resources Corporation’s revenue was up 1.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.14 earnings per share. Equities analysts predict that Antero Resources Corporation will post $0.30 earnings per share for the current year.

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In other news, insider K. Phil Yoo sold 3,785 shares of the stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $20.55, for a total transaction of $77,781.75. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ward D. Mcneilly sold 24,000 shares of the stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $22.05, for a total transaction of $529,200.00. The disclosure for this sale can be found here. Corporate insiders own 10.80% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Antero Resources Corporation by 6.5% during the 2nd quarter. Vanguard Group Inc. now owns 17,760,019 shares of the oil and natural gas company’s stock worth $383,794,000 after acquiring an additional 1,091,065 shares during the period. Brave Warrior Advisors LLC lifted its holdings in shares of Antero Resources Corporation by 9.8% during the 1st quarter. Brave Warrior Advisors LLC now owns 10,593,829 shares of the oil and natural gas company’s stock worth $241,645,000 after acquiring an additional 946,603 shares during the period. BlackRock Inc. lifted its holdings in shares of Antero Resources Corporation by 18.7% during the 2nd quarter. BlackRock Inc. now owns 10,146,431 shares of the oil and natural gas company’s stock worth $219,264,000 after acquiring an additional 1,595,558 shares during the period. Sound Shore Management Inc. CT lifted its holdings in shares of Antero Resources Corporation by 22.0% during the 2nd quarter. Sound Shore Management Inc. CT now owns 9,406,400 shares of the oil and natural gas company’s stock worth $203,272,000 after acquiring an additional 1,697,858 shares during the period. Finally, State Street Corp lifted its holdings in shares of Antero Resources Corporation by 13.6% during the 2nd quarter. State Street Corp now owns 8,187,581 shares of the oil and natural gas company’s stock worth $176,939,000 after acquiring an additional 978,883 shares during the period. Institutional investors and hedge funds own 93.61% of the company’s stock.

About Antero Resources Corporation

Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity.

Analyst Recommendations for Antero Resources Corporation (NYSE:AR)

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