Large Inflow of Money Witnessed in Antero Resources Corporation

Antero Resources Corporation (NYSE:AR) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $17.19 million worth of transactions were on upticks, whereas, the downticks accounted for $12.93 million worth of transactions. The net money flow was a positive $4.26 million and the uptick to downtick ratio was 1.33. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 6.26 in their favor. The net money flow into the stock was $5.26 million. The value of block trades done on downticks was only $1 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $6.26 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Antero Resources Corporation (NYSE:AR) was trading at $26.51, down $0.93 during day. The stock slid -3.39% over the previous days close. For the week, the stock recorded -3.18% over the previous weeks close.


In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Sr. Vice President-Production) of Antero Resources Corp, Kilstrom Kevin J. had sold 10,000 shares worth of $283,600 in a transaction dated June 14, 2016. In this transaction, 10,000 shares were sold at $28.36 per share. Currently the company Insiders own 10.8% of Antero Resources Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.82% . Institutional Investors own 77.87% of Antero Resources Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -12.96%.

The company shares have dropped -18.36% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $34.56 and the one year low was seen on Dec 8, 2015. The 50-Day Moving Average price is $27.71 and the 200 Day Moving Average price is recorded at $25.27. Antero Resources Corporation (NYSE:AR): The stock opened at $27.81 on Wednesday but the bulls could not build on the opening and the stock topped out at $27.83 for the day. The stock traded down to $26.47 during the day, due to lack of any buying support eventually closed down at $26.51 with a loss of -3.39% for the day. The stock had closed at $27.44 on the previous day. The total traded volume was 3,764,773 shares.

Antero Resources Corporation is engaged in the exploitation, development, and acquisition of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to develop and produce natural gas, NGLs and oil from unconventional formations. The Company has fresh water distribution operations in the Appalachian Basin, as well as gathering and compression operations through its consolidated subsidiary, Antero Midstream Partners LP. The Company operates in four industry segments: the exploration, development and production of natural gas, NGLs and oil; gathering and compression; fresh water distribution and marketing of excess firm transportation capacity. All of its operations are conducted in the United States.

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