Analysts expect Antero Resources (NYSE:AR) to report earnings per share (EPS) of $0.38 for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for Antero Resources’ earnings. The lowest EPS estimate is $0.16 and the highest is $0.59. Antero Resources posted earnings of $0.18 per share in the same quarter last year, which indicates a positive year over year growth rate of 111.1%. The firm is scheduled to announce its next quarterly earnings results after the market closes on Wednesday, April 25th.
According to Zacks, analysts expect that Antero Resources will report full year earnings of $1.33 per share for the current fiscal year, with EPS estimates ranging from $0.66 to $2.39. For the next year, analysts expect that the business will post earnings of $1.52 per share, with EPS estimates ranging from $0.58 to $2.88. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Antero Resources.
Antero Resources (NYSE:AR) last released its quarterly earnings data on Tuesday, February 13th. The oil and natural gas company reported $0.19 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.11. Antero Resources had a net margin of 16.83% and a return on equity of 0.83%. The business had revenue of $919.84 million for the quarter, compared to analysts’ expectations of $857.64 million.
In other news, insider K. Phil Yoo sold 2,500 shares of the firm’s stock in a transaction dated Friday, March 2nd. The shares were sold at an average price of $20.00, for a total transaction of $50,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 9.20% of the company’s stock.
Several institutional investors and hedge funds have recently made changes to their positions in AR. Schwab Charles Investment Management Inc. boosted its holdings in shares of Antero Resources by 46.4% in the third quarter. Schwab Charles Investment Management Inc. now owns 851,153 shares of the oil and natural gas company’s stock worth $16,938,000 after buying an additional 269,753 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Antero Resources by 60.6% in the third quarter. Dimensional Fund Advisors LP now owns 3,325,460 shares of the oil and natural gas company’s stock worth $66,176,000 after buying an additional 1,254,460 shares during the period. AMP Capital Investors Ltd boosted its holdings in shares of Antero Resources by 9.5% in the third quarter. AMP Capital Investors Ltd now owns 42,524 shares of the oil and natural gas company’s stock worth $846,000 after buying an additional 3,685 shares during the period. Cubist Systematic Strategies LLC boosted its holdings in shares of Antero Resources by 276.8% in the third quarter. Cubist Systematic Strategies LLC now owns 45,088 shares of the oil and natural gas company’s stock worth $897,000 after buying an additional 33,122 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of Antero Resources by 3,683.5% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 41,392 shares of the oil and natural gas company’s stock worth $824,000 after buying an additional 40,298 shares during the period. Institutional investors own 94.45% of the company’s stock.
AR stock opened at $20.42 on Thursday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.09 and a current ratio of 1.09. Antero Resources has a fifty-two week low of $16.31 and a fifty-two week high of $22.68. The stock has a market capitalization of $6,453.93, a P/E ratio of 170.17, a PEG ratio of 1.14 and a beta of 0.81.
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Antero Resources Company Profile
Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, produces, and develops natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2017 had approximately 484,000 net acres in the southwestern core of the Marcellus Shale; approximately 137,000 net acres in the core of the Utica Shale; and approximately 214,000 net acres of Marcellus Shale leasehold.
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