Antero Resources Corp (AR): Kevin J. Kilstrom , Sr. Vice President-Production of Antero Resources Corp sold 10,000 shares on Jun 14, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $28.36 per share for a total value of $283,586.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 16, 2016, K. Phil Yoo (officer ) sold 2,612 shares at $23.54 per share price.On Mar 8, 2016, Ward D. Mcneilly (Sr VP Reserves, Plan & Midstr) sold 25,000 shares at $23.47 per share price.Also, On Mar 2, 2016, James R. Levy (director) sold 4,902,679 shares at $21.50 per share price.On Mar 2, 2016, Peter Kagan (director) sold 4,902,679 shares at $21.50 per share price.
Antero Resources Corp: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in Antero Resources Corp which led to swings in the share price. The shares opened for trading at $27.76 and hit $28.44 on the upside , eventually ending the session at $27.98, with a gain of 0.07% or 0.02 points. The heightened volatility saw the trading volume jump to 33,16,067 shares. The 52-week high of the share price is $37.07 and the company has a market cap of $7,762 M . The 52-week low of the share price is at $18.5.
Company has been under the radar of several Street Analysts.Antero Resources Corp is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 33 from a previous price target of $29 .The Rating was issued on Apr 28, 2016.Antero Resources Corp is Upgraded by JP Morgan to Neutral. Earlier the firm had a rating of Underweight on the company shares. The Rating was issued on Apr 15, 2016.Antero Resources Corp is Upgraded by Tudor Pickering to Buy. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Apr 15, 2016.Antero Resources Corp is Initiated by Morgan Stanley to Equal-Weight and the brokerage firm has set the Price Target at $29. The Rating was issued on Mar 24, 2016.
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.