Symbols / AR Stock $38.60 +3.88% Antero Resources Corporation

Energy • Oil & Gas E&P • United States • NYQ
AR (Stock) Chart
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About

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 Production; Marketing; and Equity Method Investment in Antero Midstream. As of December 31, 2025, the company had approximately 537,000 net acres in the Appalachian Basin; and approximately 168,000 net acres in the Upper Devonian Shale. Its gathering and compression systems also comprise 731 miles of gas gathering pipelines in the Appalachian Basin. 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 incorporated in 2002 and is headquartered in Denver, Colorado.

Stock Fundamentals
Scroll to Statements
Market Cap 11.91B Enterprise Value Income 634.42M Sales 5.14B Book/sh 24.48 Cash/sh
Dividend Yield Payout 0.00% Employees 632 IPO P/E 19.01 Forward P/E 8.30
PEG 0.80 P/S 2.32 P/B 1.58 P/C EV/EBITDA EV/Sales
Quick Ratio 0.34 Current Ratio 0.55 Debt/Eq 45.71 LT Debt/Eq EPS (ttm) 2.03 EPS next Y 4.65
EPS Growth 29.90% Revenue Growth 11.10% Earnings 2026-04-29 ROA 4.34% ROE 9.04% ROIC
Gross Margin 66.43% Oper. Margin 22.20% Profit Margin 12.34% Shs Outstand 308.52M Shs Float 290.65M Short Float 3.55%
Short Ratio 1.52 Short Interest 52W High 45.75 52W Low 29.10 Beta 0.42 Avg Volume 6.10M
Volume 5.06M Target Price $49.38 Recom Buy Prev Close $37.16 Price $38.60 Change 3.88%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$49.38
Mean price target
2. Current target
$38.60
Latest analyst target
3. DCF / Fair value
$-0.03
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$38.60
Low
$36.00
High
$56.00
Mean
$49.38

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-21 main B of A Securities Buy → Buy $44
2026-04-17 main Morgan Stanley Overweight → Overweight $56
2026-03-31 main Citigroup Buy → Buy $53
2026-03-24 init Truist Securities Hold → Buy $56
2026-03-16 main Barclays Equal-Weight → Equal-Weight $43
2026-03-05 up Benchmark Hold → Buy $44
2026-03-05 main UBS Buy → Buy $48
2026-02-13 main Jefferies Buy → Buy $50
2026-02-13 main Wells Fargo Overweight → Overweight $52
2026-01-23 main Morgan Stanley Overweight → Overweight $46
2026-01-21 main Barclays Equal-Weight → Equal-Weight $41
2025-12-12 main Wells Fargo Overweight → Overweight $49
2025-12-12 main UBS Buy → Buy $46
2025-12-11 main Barclays Equal-Weight → Equal-Weight $46
2025-12-10 main B of A Securities Buy → Buy $47
2025-12-09 main Morgan Stanley Overweight → Overweight $48
2025-12-09 main BMO Capital Market Perform → Market Perform $40
2025-12-08 down JP Morgan Overweight → Neutral $39
2025-11-03 up Wells Fargo Equal-Weight → Overweight $39
2025-10-30 main Barclays Equal-Weight → Equal-Weight $40
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-10 TYREE THOMAS BURDICK JR. Director 1,418 $0.00 $0
2026-04-10 HARDESTY BENJAMIN A Director 1,913 $0.00 $0
2026-04-10 MUTSCHLER JACQUELINE C Director 1,418 $0.00 $0
2026-04-10 MUNOZ JEFFREY S Director 1,418 $0.00 $0
2026-04-10 KEENAN W HOWARD JR Director 1,418 $0.00 $0
2026-04-10 SUTIL VICKY Director 1,418 $0.00 $0
2026-04-10 SCHROER BRENDA R Director 1,418 $0.00 $0
2026-03-19 HARDESTY BENJAMIN A Director 12,000 $44.00 $528,000
2026-03-16 KRUEGER BRENDAN E. Chief Financial Officer 5,132
2026-03-16 SCHULTZ YVETTE K General Counsel 6,415
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
5,013.61
+21.73%
4,118.69
-3.75%
4,278.97
-48.45%
8,299.91
Operating Revenue
5,010.24
+21.75%
4,115.30
-3.77%
4,276.44
-48.44%
8,294.75
Cost Of Revenue
3,905.36
+3.01%
3,791.36
+3.41%
3,666.50
-1.11%
3,707.54
Reconciled Cost Of Revenue
3,905.36
+3.01%
3,791.36
+3.41%
3,666.50
-1.11%
3,707.54
Gross Profit
1,108.25
+238.57%
327.33
-46.56%
612.47
-86.66%
4,592.37
Operating Expense
278.55
+1.35%
274.84
-1.52%
279.09
+6.57%
261.89
Selling General And Administration
422.73
-10.86%
474.24
-6.92%
509.48
-27.65%
704.21
Selling And Marketing Expense
190.21
-22.34%
244.91
-14.06%
284.96
-46.36%
531.30
General And Administrative Expense
232.53
+1.39%
229.34
+2.15%
224.52
+29.85%
172.91
Other Gand A
232.53
+1.39%
229.34
+2.15%
224.52
+29.85%
172.91
Other Operating Expenses
-144.18
+27.69%
-199.40
+13.45%
-230.39
+47.91%
-442.32
Total Expenses
4,183.91
+2.89%
4,066.20
+3.06%
3,945.59
-0.60%
3,969.43
Operating Income
829.70
+1480.62%
52.49
-84.25%
333.38
-92.30%
4,330.48
Total Operating Income As Reported
883.65
+191996.96%
0.46
-99.88%
396.25
-84.40%
2,539.34
EBITDA
1,727.68
+101.00%
859.55
-30.06%
1,228.92
-62.59%
3,285.26
Normalized EBITDA
1,681.75
+84.38%
912.11
-21.78%
1,166.06
-77.24%
5,122.43
Reconciled Depreciation
753.57
-1.60%
765.83
+2.10%
750.09
+4.21%
719.79
EBIT
974.12
+939.40%
93.72
-80.43%
478.82
-81.34%
2,565.47
Total Unusual Items
45.93
+187.39%
-52.56
-183.61%
62.86
+103.42%
-1,837.16
Total Unusual Items Excluding Goodwill
45.93
+187.39%
-52.56
-183.61%
62.86
+103.42%
-1,837.16
Special Income Charges
-65.12
-22.19%
-53.29
+48.49%
-103.46
+53.25%
-221.33
Other Special Charges
31.64
+533.31%
5.00
-90.50%
52.61
-26.04%
71.13
Impairment Of Capital Assets
29.36
-38.11%
47.43
-7.54%
51.30
-65.74%
149.73
Restructuring And Mergern Acquisition
4.39
0.00
0.00
0.00
Write Off
0.00
Net Income
634.42
+1008.62%
57.23
-71.16%
198.40
-89.40%
1,871.64
Pretax Income
890.43
+3736.21%
-24.49
-106.78%
360.95
-85.21%
2,440.10
Net Non Operating Interest Income Expense
-83.68
+29.21%
-118.21
-0.29%
-117.87
+5.98%
-125.37
Interest Expense Non Operating
83.68
-29.21%
118.21
+0.29%
117.87
-5.98%
125.37
Net Interest Income
-83.68
+29.21%
-118.21
-0.29%
-117.87
+5.98%
-125.37
Interest Expense
83.68
-29.21%
118.21
+0.29%
117.87
-5.98%
125.37
Other Income Expense
144.41
+250.29%
41.23
-71.65%
145.44
+108.24%
-1,765.01
Other Non Operating Income Expenses
-0.37
-121.30%
-0.17
Gain On Sale Of Security
111.05
+15091.38%
0.73
-99.56%
166.32
+110.29%
-1,615.84
Gain On Sale Of Business
Tax Provision
215.87
+282.65%
-118.19
-285.75%
63.63
-85.58%
441.26
Tax Rate For Calcs
0.00
+15.24%
0.00
+20.00%
0.00
-3.31%
0.00
Tax Effect Of Unusual Items
11.12
+200.70%
-11.04
-200.33%
11.00
+103.31%
-332.53
Net Income Including Noncontrolling Interests
674.57
+619.95%
93.70
-68.49%
297.33
-85.12%
1,998.84
Net Income From Continuing Operation Net Minority Interest
634.42
+1008.62%
57.23
-71.16%
198.40
-89.40%
1,871.64
Net Income From Continuing And Discontinued Operation
634.42
+1008.62%
57.23
-71.16%
198.40
-89.40%
1,871.64
Net Income Continuous Operations
674.57
+619.95%
93.70
-68.49%
297.33
-85.12%
1,998.84
Minority Interests
-40.15
-10.08%
-36.47
+63.13%
-98.92
+22.23%
-127.20
Normalized Income
599.60
+507.20%
98.75
-32.61%
146.54
-95.66%
3,376.27
Net Income Common Stockholders
634.42
+1004.76%
57.43
-71.28%
199.93
-89.33%
1,874.28
Otherunder Preferred Stock Dividend
0.00
+100.00%
-0.20
+86.93%
-1.53
+42.16%
-2.65
Diluted EPS
2.03
+1027.78%
0.18
-71.88%
0.64
-88.91%
5.77
Basic EPS
2.05
+1038.89%
0.18
-72.73%
0.66
-89.32%
6.18
Basic Average Shares
309.72
+0.07%
309.49
+3.23%
299.79
-2.41%
307.20
Diluted Average Shares
312.36
-0.34%
313.41
+0.58%
311.60
-5.35%
329.22
Diluted NI Availto Com Stockholders
634.42
+1004.76%
57.43
-71.28%
199.93
-89.33%
1,874.28
Earnings From Equity Interest
98.48
+5.01%
93.79
+13.06%
82.95
+14.69%
72.33
Gain On Sale Of PPE
0.27
+130.86%
-0.86
-292.84%
0.45
+194.90%
-0.47
Line Item Trend 2023-12-31 2022-12-31
Total Assets
13,517.24
-4.26%
14,118.04
Current Assets
475.69
-39.60%
787.52
Receivables
443.42
-40.33%
743.17
Accounts Receivable
42.62
+20.09%
35.49
Other Receivables
400.81
-43.36%
707.68
Prepaid Assets
12.90
+21.94%
10.58
Restricted Cash
Assets Held For Sale Current
Hedging Assets Current
5.17
+172.37%
1.90
Other Current Assets
14.19
-55.47%
31.87
Total Non Current Assets
13,041.55
-2.17%
13,330.51
Net PPE
12,788.35
-2.25%
13,083.14
Gross PPE
17,953.80
+1.05%
17,766.53
Accumulated Depreciation
-5,165.45
-10.29%
-4,683.40
Buildings And Improvements
37.71
-9.84%
41.82
Machinery Furniture Equipment
1,612.32
-13.01%
1,853.35
Other Properties
98.67
+17.59%
83.91
Leases
41.82
Investments And Advances
222.25
+0.83%
220.43
Long Term Equity Investment
222.25
+0.83%
220.43
Other Non Current Assets
25.38
+48.34%
17.11
Total Liabilities Net Minority Interest
6,383.02
-10.11%
7,100.89
Current Liabilities
1,452.09
-18.19%
1,774.91
Payables And Accrued Expenses
868.40
-20.20%
1,088.25
Payables
539.61
-24.29%
712.73
Accounts Payable
38.99
-49.71%
77.54
Other Payable
1.04
-98.07%
53.73
Dividends Payable
361.78
-22.73%
468.21
Current Accrued Expenses
328.79
-12.44%
375.52
Total Tax Payable
51.52
+58.34%
32.54
Current Debt And Capital Lease Obligation
540.06
-2.98%
556.64
Current Capital Lease Obligation
540.06
-2.98%
556.64
Current Deferred Liabilities
27.10
-11.30%
30.55
Current Deferred Revenue
27.10
-11.30%
30.55
Other Current Liabilities
16.53
-83.38%
99.47
Total Non Current Liabilities Net Minority Interest
4,930.93
-7.42%
5,325.98
Liabilities Heldfor Sale Non Current
Long Term Debt And Capital Lease Obligation
3,966.05
-2.63%
4,073.33
Long Term Debt
1,537.60
+29.92%
1,183.48
Long Term Capital Lease Obligation
2,428.45
-15.97%
2,889.85
Non Current Deferred Liabilities
872.69
+2.95%
847.67
Non Current Deferred Revenue
60.71
-30.86%
87.81
Non Current Deferred Taxes Liabilities
811.98
+6.86%
759.86
Other Non Current Liabilities
59.43
-0.44%
59.69
Stockholders Equity
6,901.52
+2.18%
6,754.56
Common Stock Equity
6,901.52
+2.18%
6,754.56
Capital Stock
3.04
+2.05%
2.97
Common Stock
3.04
+2.05%
2.97
Preferred Stock
0.00
0.00
Share Issued
303.54
+2.07%
297.39
Ordinary Shares Number
303.54
+2.08%
297.36
Treasury Shares Number
0.00
-100.00%
0.03
Additional Paid In Capital
5,846.54
+0.13%
5,838.85
Retained Earnings
1,051.94
+15.11%
913.90
Treasury Stock
0.00
-100.00%
1.16
Minority Interest
232.70
-11.39%
262.60
Total Equity Gross Minority Interest
7,134.21
+1.67%
7,017.15
Total Capitalization
8,439.11
+6.31%
7,938.03
Working Capital
-976.40
+1.11%
-987.38
Invested Capital
8,439.11
+6.31%
7,938.03
Total Debt
4,506.11
-2.68%
4,629.97
Net Debt
1,537.60
+29.92%
1,183.48
Capital Lease Obligations
2,968.51
-13.87%
3,446.49
Net Tangible Assets
6,901.52
+2.18%
6,754.56
Tangible Book Value
6,901.52
+2.18%
6,754.56
Derivative Product Liabilities
32.76
-90.51%
345.28
Dueto Related Parties Current
86.28
+6.91%
80.71
Financial Assets
5.57
-43.42%
9.84
Interest Payable
33.07
+3.68%
31.89
Investmentsin Associatesat Cost
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
1,630.93
+92.03%
849.29
-14.62%
994.72
-67.40%
3,051.34
Cash Flow From Continuing Operating Activities
1,630.93
+92.03%
849.29
-14.62%
994.72
-67.40%
3,051.34
Net Income From Continuing Operations
674.57
+619.95%
93.70
-68.49%
297.33
-85.12%
1,998.84
Depreciation Amortization Depletion
753.57
-1.60%
765.83
+2.10%
750.09
+4.21%
719.79
Other Non Cash Items
-9.23
+59.72%
-22.91
+89.53%
-218.87
-540.95%
-34.15
Stock Based Compensation
60.81
-8.50%
66.46
+11.67%
59.52
+67.93%
35.44
Asset Impairment Charge
29.36
-38.11%
47.43
-7.54%
51.30
-65.74%
149.73
Deferred Tax
213.97
+280.35%
-118.64
-291.23%
62.04
-85.91%
440.42
Deferred Income Tax
213.97
+280.35%
-118.64
-291.23%
62.04
-85.91%
440.42
Operating Gains Losses
-223.24
-169.05%
-82.97
+69.84%
-275.11
+14.31%
-321.06
Gain Loss On Investment Securities
-128.12
-1459.62%
9.42
+104.92%
-191.71
+35.06%
-295.23
Change In Working Capital
5.87
+123.67%
-24.81
-117.31%
143.28
+328.12%
-62.81
Change In Receivables
-39.38
-43.74%
-27.40
-108.71%
314.43
+532.31%
-72.73
Changes In Account Receivables
-0.14
-100.56%
25.41
+236.56%
7.55
-82.65%
43.51
Change In Prepaid Assets
-6.99
-180.53%
8.68
-41.71%
14.89
+154.09%
-27.53
Change In Payables And Accrued Expense
38.65
+516.98%
-9.27
+95.01%
-185.69
-470.70%
50.09
Change In Accrued Expense
-44.98
-3614.37%
1.28
+102.05%
-62.42
-1010.66%
-5.62
Change In Payable
83.63
+892.85%
-10.55
+91.44%
-123.27
-321.26%
55.71
Change In Account Payable
-2.35
-106.64%
35.30
+309.66%
-16.84
-152.01%
32.37
Change In Other Current Assets
Change In Other Current Liabilities
13.60
+327.58%
3.18
+990.76%
-0.36
+97.17%
-12.64
Investing Cash Flow
-1,077.81
-50.92%
-714.15
+37.40%
-1,140.77
-20.89%
-943.61
Cash Flow From Continuing Investing Activities
-1,077.81
-50.92%
-714.15
+37.40%
-1,140.77
-20.89%
-943.61
Net PPE Purchase And Sale
-387.78
-280.46%
-101.92
+39.16%
-167.52
-2.57%
-163.32
Purchase Of PPE
-387.78
-280.46%
-101.92
+39.16%
-167.52
-2.57%
-163.32
Capital Expenditure
-387.78
-280.46%
-101.92
+39.16%
-167.52
-2.57%
-163.32
Net Business Purchase And Sale
0.00
Purchase Of Business
Gain Loss On Sale Of Business
Net Other Investing Changes
-690.03
-12.71%
-612.23
+37.09%
-973.25
-24.73%
-780.29
Financing Cash Flow
-343.12
-153.91%
-135.13
-192.53%
146.05
+106.93%
-2,107.73
Cash Flow From Continuing Financing Activities
-343.12
-153.91%
-135.13
-192.53%
146.05
+106.93%
-2,107.73
Net Issuance Payments Of Debt
-96.33
-301.39%
-24.00
-106.28%
382.03
+138.47%
-992.93
Issuance Of Debt
4,909.00
+18.84%
4,130.90
-8.23%
4,501.40
-28.65%
6,308.90
Repayment Of Debt
-5,005.33
-20.47%
-4,154.90
-0.86%
-4,119.37
+43.58%
-7,301.83
Long Term Debt Issuance
4,909.00
+18.84%
4,130.90
-8.23%
4,501.40
-28.65%
6,308.90
Long Term Debt Payments
-5,005.33
-20.47%
-4,154.90
-0.86%
-4,119.37
+43.58%
-7,301.83
Net Long Term Debt Issuance
-96.33
-301.39%
-24.00
-106.28%
382.03
+138.47%
-992.93
Net Short Term Debt Issuance
34.80
Net Common Stock Issuance
-136.40
0.00
+100.00%
-75.36
+91.38%
-873.74
Common Stock Payments
-136.40
0.00
+100.00%
-75.36
+91.38%
-873.74
Repurchase Of Capital Stock
-136.40
0.00
+100.00%
-75.36
+91.38%
-873.74
Net Other Financing Charges
-110.38
+0.68%
-111.14
+30.81%
-160.62
+33.37%
-241.06
Changes In Cash
210.00
Beginning Cash Position
0.00
0.00
0.00
0.00
End Cash Position
210.00
0.00
0.00
0.00
Free Cash Flow
1,243.15
+66.34%
747.36
-9.65%
827.20
-71.36%
2,888.02
Interest Paid Supplemental Data
88.08
-26.64%
120.06
+5.40%
113.91
-26.51%
155.01
Change In Dividend Payable
85.97
+287.52%
-45.85
+56.92%
-106.43
-556.05%
23.34
Depletion
753.57
-1.60%
765.83
+2.10%
750.09
+4.21%
719.79
Dividend Received CFO
125.25
+0.05%
125.20
+0.05%
125.14
+0.00%
125.14
Earnings Losses From Equity Investments
-98.48
-5.01%
-93.79
-13.06%
-82.95
-14.69%
-72.33
Other Cash Adjustment Outside Changein Cash
Sale Of Business
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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