Antero Resources Corporation (AR): Analysis On Energy Stock


Antero Resources Corporation (NYSE:AR) changes shares on Tuesday trading session, with a change of 9.12% or $0.31 shares. The trading starts at $3.50 and closed at $3.40 throughout the day. The trading session low price was $3.2826 and day high was $3.765 on Tuesday, August 04. After the session, the Energy sector daily volume shifted to 13.51 million while its average volume is 11.65M. In other hand, the AR market cap reached to $1.01B. While, its current target price is $3.33.

On February 11, 2019, U.S. settles with Antero over water pollution from fracking. According to the news reported on Reuters, The U.S. Justice Department said on Monday it reached a settlement with oil and natural gas company Antero Resources Corp over claims it violated the Clean Water Act at 32 different sites in West Virginia, mostly tied to fracking.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 31.10% and up 25.34% for month. Its quarterly performance was 11.75% above, while its half year performance is up 118.24%. AR yearly performance stood at negative -15.49% and rise 30.18% for year-to-date. Current recommendation for Antero Resources Corporation is 3.30.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AR EPS (TTM) for 12-month is -7.38. EPS for this year is 11.70%, while for the next year its value is -0.50. It has an EPS of -19.50% down for past five years.

Vanguard Group, Inc. (The), State Street Corporation and SailingStone Capital Partners LLC are the top three holders in Antero Resources Corporation (AR) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 25.12 million shares which valued 17.91 million. On Mar 30, 2020, State Street Corporation owned 24.93 million shares which valued at 17.77 million. On Mar 30, 2020, SailingStone Capital Partners LLC has a total of 21.39 million shares which valued at 15.25 million. In the end, SailingStone Capital Partners LLC have 7.96% shares outstanding of Antero Resources Corporation (AR) on Mar 30, 2020. The insider ownership moved to 10.00% and institutional holding shifted to 94.00%.

The company posted an EPS (TTM) of -7.38. According to the most recent quarter report on (Sep 2020), 13 analysts estimated an average EPS of -0.07, while -0.49 EPS posted a year ago period. Analyst Estimated EPS for AR published in the report was -$0.22 – $0.1 during the same period. Comparing with last year, the average estimated EPS was -0.49 which is lower than -0.37 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for AR rise 59.33% for period of 200 days. SMA for 50 days was 21.44% which is showing green signal, while SMA-20 was 29.27%. The moving average value for Antero Resources Corporation (AR) is 2.2491 and 2.9249 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in AR stock. On Dec 30, Kennedy Michael N., See Remarks, sold 138,098 trading shares at the cost of $2.77, which valued at 0.38 million.