Antero Resources Corporation (AR) AI Stock Analysis

Antero Resources Corporation is an independent energy company that develops, produces, explores, and acquires natural gas, natural gas liquids (NGLs), and oil properties across the United States. Headquartered in Denver, Colorado, the company operates across three core segments: Exploration, Development, and Production of Natural Gas, NGLs, and Oil; Marketing and Utilization of Excess Firm Transportation Capacity; and Midstream Services through its equity method investment in Antero Midstream. Its operating footprint includes approximately 504,000 net acres in the Appalachian Basin and 174,000 net acres in the Upper Devonian Shale as of December 31, 2022, supported by 620 miles of gas gathering pipelines and 34 compressor stations.

Revenue reached $5.79B in FY2021 and $8.30B in FY2022 before dropping 48.4% to $4.28B in FY2023 and 3.7% to $4.12B in FY2024. In FY2025, revenue expanded 21.7% to $5.01B, delivering a gross margin of 22.1% and an operating margin of 16.5%. Net income reached $634.4M with diluted EPS of $1.72 in FY2025, up from $57.2M in FY2024. From FY2020 to FY2025, revenue grew at a 5-year CAGR of 10.2%. For the trailing twelve months ended June 30, 2026, revenue stood at $5.78B with a profit margin of 18.8%. In the quarter ended June 30, 2026, quarterly revenue rose 12.6% year-over-year, while quarterly earnings increased 79.9%.

As of June 30, 2026, Antero Resources held total assets of $15.23B and total debt of $4.62B against shareholders' equity of $8.32B, resulting in a debt-to-equity ratio of 0.55 and a current ratio of 0.40. In FY2025, the company produced $1.63B in operating cash flow and $1.24B in free cash flow. Capital allocation in FY2025 included $387.8M for capital expenditures, $136.4M for share buybacks, and $125.3M in dividends paid, contributing to a 5-year share count change of -8.7%.

Antero Resources trades at a trailing P/E of 11.1x and a forward P/E of 9.0x, both below the median of its US-listed Energy peers at 15.0x and 12.7x, respectively. The company carries an enterprise value of $15.58B with an EV/EBITDA of 6.5x, below the peer median of 8.0x. Its price-to-sales ratio is 2.1x compared to the peer median of 1.8x, alongside a PEG ratio of 0.45. Over the trailing 1-year period, the stock returned 25.5%, outperforming the S&P 500's 16.8% return. Over five years, its 97.3% return also exceeded the S&P 500's 83.0% gain.

Wall Street coverage includes 12 Strong Buy, 2 Buy, and 7 Hold ratings, with no Sell or Strong Sell recommendations. The mean price target is $49.41, representing a 27.8% premium over the last close of $38.65. For the fiscal year ending December 31, 2026, consensus estimates anticipate revenue of $6.80B and EPS of $4.40, reflecting 155.9% EPS growth. Over the last four quarters, the company beat EPS estimates 1 time. The next earnings release is scheduled for October 28, 2026.

This page is an AI-written research summary of Antero Resources Corporation (AR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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