Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2019, the company had approximately 451,000 net acres in the southwestern core of the Marcellus Shale; and 91,000 net acres in the core of the Utica Shale. It also owned and operated 324 miles of gas gathering pipelines in the Marcellus Shale; 17 compressor stations in the Marcellus Shale; 110 miles of low-pressure and high-pressure gathering pipelines in the Utica Shale; 8 miles of high-pressure pipelines; and 2 compressor stations in the Utica Shale. The company had estimated proved reserves of 18.9 trillion cubic feet of natural gas equivalent, including 11.5 trillion cubic feet of natural gas; 652 million barrels of assumed recovered ethane; 540 million barrels of primarily propane, isobutane, normal butane, and natural gasoline; and 42 million barrels of oil. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was founded in 2002 and is headquartered in Denver, Colorado.
IPO Year: 2013
Exchange: NYSE
Website: anteroresources.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/13/2025 | $49.00 | Neutral → Outperform | Mizuho |
4/8/2025 | $46.00 | Hold → Buy | TD Cowen |
12/17/2024 | $24.00 → $32.00 | Underweight → Equal Weight | Wells Fargo |
10/28/2024 | $36.00 | Buy | BofA Securities |
10/16/2024 | $33.00 | Neutral | UBS |
10/1/2024 | $34.00 → $25.00 | Overweight → Underweight | Wells Fargo |
9/17/2024 | $29.00 | Neutral | Citigroup |
9/11/2024 | $37.00 | Peer Perform → Outperform | Wolfe Research |
8/27/2024 | $32.00 | Buy | ROTH MKM |
8/20/2024 | $44.00 | Sector Perform → Sector Outperform | Scotiabank |
Mizuho upgraded Antero Resources from Neutral to Outperform and set a new price target of $49.00
TD Cowen upgraded Antero Resources from Hold to Buy and set a new price target of $46.00
Wells Fargo upgraded Antero Resources from Underweight to Equal Weight and set a new price target of $32.00 from $24.00 previously
BofA Securities initiated coverage of Antero Resources with a rating of Buy and set a new price target of $36.00
UBS initiated coverage of Antero Resources with a rating of Neutral and set a new price target of $33.00
Wells Fargo downgraded Antero Resources from Overweight to Underweight and set a new price target of $25.00 from $34.00 previously
Citigroup initiated coverage of Antero Resources with a rating of Neutral and set a new price target of $29.00
Wolfe Research upgraded Antero Resources from Peer Perform to Outperform and set a new price target of $37.00
ROTH MKM initiated coverage of Antero Resources with a rating of Buy and set a new price target of $32.00
Scotiabank upgraded Antero Resources from Sector Perform to Sector Outperform and set a new price target of $44.00