Antero Resources Corporation (AR) has risen sharply, recording gains of 1.6% in the past 4 weeks. However, the stock has corrected -1.37% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.82% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.51% and the fifty day Moving Average is 1.01%. Antero Resources Corporation has dropped 5.03% during the last three month period . Year-to-Date the stock performance stands at 22.06%.
Antero Resources Corporation (AR) : The most positive equity analysts on Antero Resources Corporation (AR) expects the shares to touch $39, whereas, the least positive believes that the stock will trade at $26 in the short term. The company is covered by 17 Wall Street Brokerage Firms. The average price target for shares are $32.41 with an expected fluctuation of $3.86 from the mean.
Antero Resources Corporation (NYSE:AR): On Fridays trading session , Opening price of the stock was $26.94 with an intraday high of $26.96. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $26.45. However, the stock managed to close at $26.61, a loss of 0.67% for the day. On the previous day, the stock had closed at $26.79. The total traded volume of the day was 2,647,958 shares.
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.