Shares of Antero Resources Corporation (AR) Sees Large Inflow of Net Money Flow

Antero Resources Corporation (AR) : On Monday, The money flowed into the Antero Resources Corporation (AR) stock with an uptick to downtick ratio was recorded at 2.28. Transactions worth $1.96 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $0.86 million. The total money flow into the stock was $1.1 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $1.04 million of block transactions on upticks. The total money flow in block trades was $1.04 million. In terms of price action, Antero Resources Corporation (AR) traded down $0.11 during the session at $26.26. Compared to the previous days closing, the stock was down only by -0.42%. For the week, the stock is 2.18%, over previous weeks closing.


Antero Resources Corporation has dropped 1.22% during the last 3-month period . Year-to-Date the stock performance stands at 23.07%. Shares of Antero Resources Corporation appreciated by 1.74% during the last five trading days but lost 1.22% on a 4-week basis. In a related news,The officer (Sr. Vice President-Production) of Antero Resources Corp, Kilstrom Kevin J. sold 10,000 shares at $28.36 on June 14, 2016. The Insider selling transaction had a total value worth of $283,600. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Antero Resources Corporation (NYSE:AR): stock turned positive on Monday. Though the stock opened at $26.46, the bulls momentum made the stock top out at $26.88 level for the day. The stock recorded a low of $25.91 and closed the trading day at $26.83, in the green by 1.74%. The total traded volume for the day was 2,694,213. The stock had closed at $26.37 in the previous days trading.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *