Antero Resources Corp (NYSE:AR) shares traded 1.85% higher at $37.39 on Wall Street last session.
AR stock price is now 2.60% away from the 50-day moving average and 14.61% away from the 200-day moving average. The market capitalization of the company currently stands at $11.61B.
With the price target maintained at $46, TD Cowen recently Upgraded its rating from Hold to Buy for Antero Resources Corp (NYSE: AR). On December 17, 2024, Wells Fargo Upgraded its previous ‘Underweight’ rating to ‘Equal Weight’ on the stock increasing its target price from $24 to quote $32, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Pearce Sheri, insider sold 9,830 shares of the company’s stock on Mar 12 ’25. The stock was sold for $349,948 at an average price of $35.60. Upon completion of the transaction, the insider now directly owns 81,887 shares in the company, valued at $3.06 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 19 ’25, Director Keenan W Howard JR sold 700,000 shares of the business’s stock. A total of $28,395,850 was realized by selling the stock at an average price of $40.57. This leaves the insider owning 1,100,000 shares of the company worth $41.13 million. A total of 7.52% of the company’s stock is owned by insiders.
During the past 12 months, Antero Resources Corp has had a low of $24.53 and a high of $42.62. As of last week, the company has a debt-to-equity ratio of 0.53, a current ratio of 0.39, and a quick ratio of 0.39.
The net profit margin was 4.94% and return on equity was 3.21% for AR. The company reported revenue of $1.35 billion for the quarter, compared to $1.12 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.53 percent.
