Antero Resources Corporation (AR) : On Monday, The money flowed into the Antero Resources Corporation (AR) stock with an uptick to downtick ratio was recorded at 2.03. Transactions worth $2.52 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $1.24 million. The total money flow into the stock was $1.28 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $1.33 million of block transactions on upticks. The total money flow in block trades was $1.33 million. In terms of price action, Antero Resources Corporation (AR) traded down $0.5 during the session at $26.92. Compared to the previous days closing, the stock was down only by -1.82%. For the week, the stock is -1.14%, over previous weeks closing.
Antero Resources Corporation has dropped 1.18% in the last five trading days, however, the shares have posted positive gains of 4.59% in the last 4 weeks. Antero Resources Corporation is up 6.04% in the last 3-month period. Year-to-Date the stock performance stands at 26.51%.
Antero Resources Corporation (NYSE:AR): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.47 and $26.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.63. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.58, notching a gain of 0.58% for the day. The total traded volume was 4,391,885 . The stock had closed at $27.42 on the previous day.
In a related news,The officer (See Remarks) of Antero Resources Corp, Mcneilly Ward D. sold 28,037 shares at $27.34 on August 10, 2016. The Insider selling transaction had a total value worth of $766,532. 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.