Q3 EPS Estimates for Antero Resources Cut by Zacks Research

Key Points

• Analysts at Zacks Research have lowered their Q3 earnings per share estimate for Antero Resources to $0.54, down from a previous estimate of $0.62.
• Institutional investors own 83.04% of Antero Resources, with significant recent stake increases from firms such as CWM LLC and Bessemer Group Inc.
• Despite the lowered earnings estimate, the average rating for Antero Resources remains a "Moderate Buy" with a consensus target price of $44.18.

Antero Resources Corporation (NYSE:AR - Free Report) - Analysts at Zacks Research reduced their Q3 2025 earnings per share (EPS) estimates for shares of Antero Resources in a research report issued to clients and investors on Monday, July 28th. Zacks Research analyst R. Department now anticipates that the oil and natural gas company will earn $0.54 per share for the quarter, down from their prior forecast of $0.62. The consensus estimate for Antero Resources' current full-year earnings is $2.74 per share.

Other equities research analysts have also recently issued research reports about the company. UBS Group increased their price target on Antero Resources from $41.00 to $43.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. TD Cowen upgraded Antero Resources from a "hold" rating to a "buy" rating and increased their price target for the company from $40.00 to $46.00 in a research note on Tuesday, April 8th. Scotiabank upped their price objective on Antero Resources from $46.00 to $53.00 and gave the company a "sector outperform" rating in a report on Friday, July 11th. Mizuho raised Antero Resources from a "neutral" rating to an "outperform" rating and upped their price objective for the company from $47.00 to $49.00 in a report on Tuesday, May 13th. Finally, Barclays upped their price objective on Antero Resources from $38.00 to $43.00 and gave the company an "equal weight" rating in a report on Monday, July 7th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Antero Resources presently has a consensus rating of "Moderate Buy" and a consensus target price of $44.18.

Antero Resources Stock Performance

AR traded down $1.26 during trading hours on Tuesday, reaching $33.67. The company's stock had a trading volume of 6,042,255 shares, compared to its average volume of 5,135,528. Antero Resources has a 52 week low of $24.53 and a 52 week high of $44.01. The company's 50-day moving average is $37.95 and its 200-day moving average is $37.70. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.39 and a current ratio of 0.39. The firm has a market cap of $10.46 billion, a PE ratio of 21.45 and a beta of 0.68.

Antero Resources (NYSE:AR - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The oil and natural gas company reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.68 by ($0.33). Antero Resources had a net margin of 10.13% and a return on equity of 6.53%. The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter last year, the company posted ($0.21) EPS. The firm's revenue was up 32.6% on a year-over-year basis.

Insider Activity

In related news, insider Yvette K. Schultz sold 25,200 shares of Antero Resources stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $39.86, for a total value of $1,004,472.00. Following the transaction, the insider directly owned 306,819 shares of the company's stock, valued at $12,229,805.34. The trade was a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director W Howard Keenan, Jr. sold 38,013 shares of Antero Resources stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $40.32, for a total value of $1,532,684.16. Following the completion of the transaction, the director directly owned 364,992 shares in the company, valued at approximately $14,716,477.44. This represents a 9.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,125,200 shares of company stock worth $45,887,466. Company insiders own 6.70% of the company's stock.

Hedge Funds Weigh In On Antero Resources

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Wellington Management Group LLP increased its holdings in Antero Resources by 12.6% in the fourth quarter. Wellington Management Group LLP now owns 19,661,491 shares of the oil and natural gas company's stock worth $689,135,000 after purchasing an additional 2,201,429 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Antero Resources by 12.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,829,263 shares of the oil and natural gas company's stock worth $414,628,000 after purchasing an additional 1,274,760 shares in the last quarter. Sourcerock Group LLC increased its holdings in Antero Resources by 3.8% in the fourth quarter. Sourcerock Group LLC now owns 6,355,724 shares of the oil and natural gas company's stock worth $222,768,000 after purchasing an additional 231,068 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Antero Resources by 44.3% during the first quarter. Invesco Ltd. now owns 4,440,328 shares of the oil and natural gas company's stock valued at $179,567,000 after acquiring an additional 1,362,370 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of Antero Resources by 10.7% during the first quarter. Raymond James Financial Inc. now owns 4,423,044 shares of the oil and natural gas company's stock valued at $178,868,000 after acquiring an additional 428,167 shares in the last quarter. 83.04% of the stock is owned by institutional investors and hedge funds.

About Antero Resources

Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream.