AR Stock Summary and Trading Ideas (Antero Resources | NYSE:AR)

Antero Resources, based in Denver, engages in the exploration for and production of natural gas and natural gas liquids in the United States and Canada. At the end of 2023, the company reported proven reserves of 18.1 trillion cubic feet of natural gas equivalent. Production averaged approximately 3,483 million cubic feet of equivalent a day in 2023 at a ratio of 37% liquids and 63% natural gas.

Antero Resources trades on the NYSE stock market under the symbol AR.

As of December 13, 2024, AR stock price declined to $32.37 with 2,638,739 million shares trading.

AR has a beta of 1.33, meaning it tends to be more sensitive to market movements. AR has a correlation of 0.15 to the broad based SPY ETF.

AR has a market cap of $10.07 billion. This is considered a Large Cap stock.

Last quarter Antero Resources reported $1 billion in Revenue and -$.12 earnings per share. This beat revenue expectation by $26 million and missed earnings estimates by -$.07.

In the last 3 years, AR traded as high as $48.80 and as low as $15.98.

The top ETF exchange traded funds that AR belongs to (by Net Assets): IJH, VTI, VB, VXF, MDY.

AR has outperformed the market in the last year with a return of +53.8%, while the SPY ETF gained +29.9%. In the last 3 month period, AR beat the market returning +22.2%, while SPY returned +7.8%. However, in the most recent 2 weeks AR has underperformed the stock market by returning -1.0%, while SPY returned +0.3%.

AR support price is $32.23 and resistance is $33.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AR shares will trade within this expected range on the day.