Antero Resources Corporation (AR) : 10 brokerage houses believe that Antero Resources Corporation (AR) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 9 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Antero Resources Corporation (AR). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 21 Wall Street Analysts endorse the stock as a Buy with a rating of 1.95.
Antero Resources Corporation (AR) : Average target price received by Antero Resources Corporation (AR) is $32.22 with an expected standard deviation of $3.99. The most aggressive target on the stock is $40, whereas the most downbeat target is $26. 18 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Antero Resources Corporation (NYSE:AR): The stock opened at $26.08 on Thursday but the bulls could not build on the opening and the stock topped out at $27.06 for the day. The stock traded down to $26.00 during the day, due to lack of any buying support eventually closed down at $26.94 with a loss of -0.19% for the day. The stock had closed at $26.99 on the previous day. The total traded volume was 5,406,813 shares.
In a related news,The officer (Sr. Vice President-Production) of Antero Resources Corp, Kilstrom Kevin J. sold 10,000 shares at $28.36 on June 14, 2016. The Insider selling transaction had a total value worth of $283,600. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.