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Antero Resources Corp Sentiment Worsening on Low Stock Potential

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Sentiment for Antero Resources Corp (NYSE:AR)

Antero Resources Corp (NYSE:AR) institutional sentiment decreased to 1.07 in Q2 2018. Its down -0.12, from 1.19 in 2018Q1. The ratio dived, as 113 investment managers started new and increased positions, while 106 sold and trimmed holdings in Antero Resources Corp. The investment managers in our partner’s database reported: 285.90 million shares, down from 286.32 million shares in 2018Q1. Also, the number of investment managers holding Antero Resources Corp in their top 10 positions was flat from 12 to 12 for the same number . Sold All: 29 Reduced: 77 Increased: 76 New Position: 37.

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, produces, and develops natural gas, natural gas liquids, and oil properties in the United States. The company has market cap of $5.92 billion. As of December 31, 2016, the firm had 616,000 net acres of gas and oil properties located in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. It has a 25.66 P/E ratio. It also owned and operated 213 miles of gas gathering pipelines in the Marcellus Shale; and 113 miles of low-pressure, high-pressure, and condensate pipelines in the Utica Shale.

The stock decreased 0.90% or $0.17 during the last trading session, reaching $18.68. About 3.59M shares traded or 12.96% up from the average. Antero Resources Corporation (NYSE:AR) has declined 8.81% since October 14, 2017 and is downtrending. It has underperformed by 24.43% the S&P500.

Analysts await Antero Resources Corporation (NYSE:AR) to report earnings on November, 7. They expect $0.18 earnings per share, up 460.00 % or $0.23 from last year’s $-0.05 per share. AR’s profit will be $57.07 million for 25.94 P/E if the $0.18 EPS becomes a reality. After $-0.03 actual earnings per share reported by Antero Resources Corporation for the previous quarter, Wall Street now forecasts -700.00 % EPS growth.

Yale University holds 25.65% of its portfolio in Antero Resources Corporation for 4.39 million shares. Sailingstone Capital Partners Llc owns 33.29 million shares or 20.37% of their US portfolio. Moreover, Warburg Pincus Llc has 16.36% invested in the company for 46.61 million shares. The New York-based Brave Warrior Advisors Llc has invested 9.54% in the stock. Mountain Lake Investment Management Llc, a California-based fund reported 875,000 shares.

Since January 1, 0001, it had 0 insider purchases, and 2 insider sales for $102,325 activity.

Antero Resources Corporation (NYSE:AR) Ratings Coverage

Ratings analysis reveals 20% of Antero Resources’s analysts are positive. Out of 5 Wall Street analysts rating Antero Resources, 1 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $20 while the high is $26. The stock’s average target of $22.75 is 21.79% above today’s ($18.68) share price. AR was included in 9 notes of analysts from April 17, 2018. The rating was maintained by Jefferies on Wednesday, April 25 with “Hold”. On Thursday, July 12 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. Citigroup downgraded it to “Hold” rating and $2200 target in Tuesday, April 17 report. The stock of Antero Resources Corporation (NYSE:AR) earned “Equal-Weight” rating by Morgan Stanley on Friday, April 20. BMO Capital Markets downgraded Antero Resources Corporation (NYSE:AR) on Friday, September 21 to “Market Perform” rating. As per Monday, August 13, the company rating was maintained by Citigroup. The stock of Antero Resources Corporation (NYSE:AR) has “Equal-Weight” rating given on Friday, April 27 by Morgan Stanley. As per Thursday, May 24, the company rating was maintained by Morgan Stanley.

More news for Antero Resources Corporation (NYSE:AR) were recently published by: Globenewswire.com, which released: “Market Trends Toward New Normal in Antero Resources, SunPower, The Clorox, CECO Environmental, Fortinet, and …” on October 12, 2018. Benzinga.com‘s article titled: “BMO Downgrades Antero Resources Following LNG Price Rally” and published on September 21, 2018 is yet another important article.

Antero Resources Corporation (NYSE:AR) Ratings Chart

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