Cowen and Company reaffirmed their hold rating on shares of Antero Resources Corporation (NYSE:AR) in a report issued on Tuesday. The firm currently has a $25.00 target price on the oil and natural gas company’s stock.

Several other equities analysts also recently issued reports on AR. ValuEngine downgraded shares of Antero Resources Corporation from a hold rating to a sell rating in a report on Friday, June 2nd. BidaskClub raised shares of Antero Resources Corporation from a strong sell rating to a sell rating in a report on Tuesday, June 13th. Wolfe Research downgraded shares of Antero Resources Corporation from an outperform rating to a market perform rating in a report on Thursday, June 15th. BMO Capital Markets reissued a buy rating and set a $26.00 price target on shares of Antero Resources Corporation in a report on Thursday, June 22nd. Finally, Scotiabank set a $27.00 price target on shares of Antero Resources Corporation and gave the company a buy rating in a report on Saturday, July 1st. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. Antero Resources Corporation presently has an average rating of Buy and an average target price of $29.82.

Shares of Antero Resources Corporation (NYSE AR) opened at 20.48 on Tuesday. Antero Resources Corporation has a 52 week low of $18.23 and a 52 week high of $28.30. The company’s 50-day moving average is $19.50 and its 200-day moving average is $21.32. The firm has a market cap of $6.46 billion, a PE ratio of 476.28 and a beta of 0.95.

Antero Resources Corporation (NYSE:AR) last released its quarterly earnings data on Wednesday, August 2nd. The oil and natural gas company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). Antero Resources Corporation had a return on equity of 1.44% and a net margin of 0.48%. The business had revenue of $736.00 million during the quarter, compared to analyst estimates of $778.55 million. During the same period in the prior year, the firm earned $0.14 EPS. The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. Analysts forecast that Antero Resources Corporation will post $0.30 EPS for the current fiscal year.

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In other Antero Resources Corporation news, insider K. Phil Yoo sold 3,785 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $20.55, for a total transaction of $77,781.75. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 10.80% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of AR. BlackRock Inc. raised its holdings in Antero Resources Corporation by 2,440.4% during the 1st quarter. BlackRock Inc. now owns 8,550,873 shares of the oil and natural gas company’s stock worth $195,044,000 after buying an additional 8,214,276 shares during the period. Janus Henderson Group PLC raised its holdings in Antero Resources Corporation by 15,715.7% during the 2nd quarter. Janus Henderson Group PLC now owns 2,916,259 shares of the oil and natural gas company’s stock worth $63,020,000 after buying an additional 2,897,820 shares during the period. Sound Shore Management Inc. CT raised its holdings in 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 buying an additional 1,697,858 shares during the period. State Street Corp raised its holdings in Antero Resources Corporation by 21.4% during the 1st quarter. State Street Corp now owns 7,208,698 shares of the oil and natural gas company’s stock worth $164,429,000 after buying an additional 1,271,005 shares during the period. Finally, Caymus Capital Partners L.P. raised its holdings in Antero Resources Corporation by 34.5% during the 2nd quarter. Caymus Capital Partners L.P. now owns 4,369,500 shares of the oil and natural gas company’s stock worth $94,425,000 after buying an additional 1,121,300 shares during the period. Hedge funds and other institutional investors own 93.61% of the company’s stock.

Antero Resources Corporation Company Profile

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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