Yorktown Energy Partners Vii Lowers stake in Antero Resources Corp (AR)

Antero Resources Corp (AR) : Yorktown Energy Partners Vii reduced its stake in Antero Resources Corp by 5.52% during the most recent quarter end. The investment management company now holds a total of 7,273,010 shares of Antero Resources Corp which is valued at $199,425,934 after selling 424,707 shares in Antero Resources Corp , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Antero Resources Corp makes up approximately 88.68% of Yorktown Energy Partners Vii’s portfolio.

Other Hedge Funds, Including , Putnam Investments added AR to its portfolio by purchasing 81,579 company shares during the most recent quarter which is valued at $2,236,896. Antero Resources Corp makes up approx 0.01% of Putnam Investments’s portfolio.Aperio Group reduced its stake in AR by selling 6,864 shares or 3.85% in the most recent quarter. The Hedge Fund company now holds 171,559 shares of AR which is valued at $4,704,148. Antero Resources Corp makes up approx 0.04% of Aperio Group’s portfolio.Baupost Groupma reduced its stake in AR by selling 7,000,000 shares or 32.55% in the most recent quarter. The Hedge Fund company now holds 14,505,881 shares of AR which is valued at $397,751,257. Antero Resources Corp makes up approx 5.10% of Baupost Groupma’s portfolio.Citadel Advisors reduced its stake in AR by selling 1,306,199 shares or 46.59% in the most recent quarter. The Hedge Fund company now holds 1,497,357 shares of AR which is valued at $41,057,529. Antero Resources Corp makes up approx 0.10% of Citadel Advisors’s portfolio.Tiaa Cref Investment Management boosted its stake in AR in the latest quarter, The investment management firm added 55,791 additional shares and now holds a total of 340,092 shares of Antero Resources Corp which is valued at $9,325,323. Antero Resources Corp makes up approx 0.01% of Tiaa Cref Investment Management’s portfolio.

Antero Resources Corp opened for trading at $25.48 and hit $25.78 on the upside on Thursday, eventually ending the session at $25.76, with a gain of 0.78% or 0.2 points. The heightened volatility saw the trading volume jump to 20,99,171 shares. Company has a market cap of $7,913 M.

On the company’s financial health, Antero Resources Corp reported $0.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.11.Analysts expectations of $ 678.97.During the same quarter in the previous year, the company posted $0.06 EPS.

Many Wall Street Analysts have commented on Antero Resources Corp. Antero Resources Corp was Downgraded by Jefferies to ” Underperform” on Aug 15, 2016. Robert W. Baird Upgraded Antero Resources Corp on Jul 21, 2016 to ” Outperform”, Price Target of the shares are set at $37.Antero Resources Corp was Upgraded by Jefferies to ” Hold” on Jul 18, 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.

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