Antero Resources (AR) Issues Earnings Results
Antero Resources (NYSE:AR) issued its earnings results on Tuesday. The oil and natural gas company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.15, Bloomberg Earnings reports. Antero Resources had a negative net margin of 12.82% and a positive return on equity of 0.78%.
Shares of Antero Resources (NYSE:AR) opened at $17.40 on Wednesday. The firm has a market cap of $5,510.94, a P/E ratio of 91.89, a P/E/G ratio of 2.96 and a beta of 0.93. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85. Antero Resources has a one year low of $16.31 and a one year high of $26.09.
In related news, insider K. Phil Yoo sold 10,865 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $19.25, for a total value of $209,151.25. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 9.20% of the company’s stock.
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Antero Resources Company Profile
Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity.
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