Overview Dividends

(AR) Antero Resources - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US03674X1063

Natural Gas, Natural Gas Liquids, Oil, Midstream Infrastructure

Oil & Gas Exploration & Production
Market Cap in USD: 10,569m

IPO / Inception: 2013-10-10
Return 12m vs S&P 500: -28.2%

EPS (Earnings per Share)

EPS CAGR: -25.17%
EPS Trend: -49.5%

Last SUE: -2.80
Qual. Beats: 0

Revenue

Rev. CAGR: -12.07%
Rev. Trend: -63.7%

Last SUE: -0.02
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	41.3%
Value at Risk 5%th	65.6%
Relative Tail Risk	-3.42%

Reward TTM
Sharpe Ratio	-0.17
Alpha	-29.20
CAGR/Max DD	0.07

Character TTM
Hurst Exponent	0.471
Beta	1.107
Beta Downside	1.650

Drawdowns 3y
Max DD	34.14%
Mean DD	16.41%
Median DD	17.35%

Description: AR Antero Resources January 03, 2026

Antero Resources Corp (NYSE:AR) is an independent U.S. oil and natural-gas producer focused on the Appalachian Basin and the Upper Devonian Shale, where it holds roughly 521,000 net acres and 170,000 net acres respectively.

The firm operates three business segments-Exploration & Production, Marketing, and an equity-method investment in Antero Midstream-and owns about 708 mi of gas-gathering pipelines that support its production footprint.

Key operational metrics (2023) include ≈ 1.5 bcf/d of natural-gas equivalent production, ≈ $1.2 billion of cash flow from operations, and a net debt-to-EBITDA ratio of ~ 2.1×, reflecting a balance between growth capital and financial leverage.

Sector drivers that materially affect AR are U.S. natural-gas price volatility (linked to seasonal heating demand and LNG export capacity), the ongoing shift toward higher-margin NGLs, and the broader capital-intensity of Appalachian shale development.

For a deeper quantitative assessment, you may explore the company’s metrics on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income (547.7m TTM) > 0 and > 6% of Revenue (6% = 295.3m TTM)

FCFTA 0.10 (>2.0%) and ΔFCFTA 5.16pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -19.47% (prev -23.43%; Δ 3.96pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.12 (>3.0%) and CFO 1.54b > Net Income 547.7m (YES >=105%, WARN >=100%)

Net Debt (3.57b) to EBITDA (1.52b) ratio: 2.35 <= 3.0 (WARN <= 3.5)

Current Ratio 0.31 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (311.0m) change vs 12m ago 0.00% (target <= -2.0% for YES)

Gross Margin 19.39% (prev 8.98%; Δ 10.41pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 37.66% (prev 30.83%; Δ 6.83pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 7.97 (EBITDA TTM 1.52b / Interest Expense TTM 88.6m) >= 6 (WARN >= 3)

Altman Z'' 0.54

(A) -0.07 = (Total Current Assets 427.8m - Total Current Liabilities 1.39b) / Total Assets 12.91b

(B) 0.12 = Retained Earnings (Balance) 1.49b / Total Assets 12.91b

(D) 0.28 = Book Value of Equity 1.49b / Total Liabilities 5.39b

Total Rating: 0.54 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 55.20

1. Piotroski 6.50pt

2. FCF Yield 9.24%

3. FCF Margin 26.56%

4. Debt/Equity 0.49

5. Debt/Ebitda 2.35

6. ROIC - WACC (= -2.12)%

7. RoE 7.58%

8. Rev. Trend -63.71%

9. EPS Trend -49.46%

What is the price of AR shares?

As of January 09, 2026, the stock is trading at USD 32.18 with a total of 5,442,876 shares traded.
Over the past week, the price has changed by -5.93%, over one month by -13.73%, over three months by -5.77% and over the past year by -15.00%.

Is AR a buy, sell or hold?

Antero Resources has received a consensus analysts rating of 3.95. Therefore, it is recommended to buy AR.

Strong Buy: 9
Buy: 5
Hold: 7
Sell: 0
Strong Sell: 1

What are the forecasts/targets for the AR price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	44.8	39.2%
Analysts Target Price	44.8	39.2%
ValueRay Target Price	32	-0.5%

AR Fundamental Data Overview January 04, 2026

P/E Trailing = 18.1005
P/E Forward = 11.2613
P/S = 2.1104
P/B = 1.4472
P/EG = 0.2932
Beta = 0.573
Revenue TTM = 4.92b USD
EBIT TTM = 706.2m USD
EBITDA TTM = 1.52b USD
Long Term Debt = 1.31b USD (from longTermDebt, last quarter)
Short Term Debt = 509.4m USD (from shortTermDebt, last quarter)
Debt = 3.57b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.57b USD (from netDebt column, last quarter)
Enterprise Value = 14.14b USD (10.57b + Debt 3.57b - (null CCE))
Interest Coverage Ratio = 7.97 (Ebit TTM 706.2m / Interest Expense TTM 88.6m)
FCF Yield = 9.24% (FCF TTM 1.31b / Enterprise Value 14.14b)
FCF Margin = 26.56% (FCF TTM 1.31b / Revenue TTM 4.92b)
Net Margin = 11.13% (Net Income TTM 547.7m / Revenue TTM 4.92b)
Gross Margin = 19.39% ((Revenue TTM 4.92b - Cost of Revenue TTM 3.97b) / Revenue TTM)
Gross Margin QoQ = 13.69% (prev 20.15%)
Tobins Q-Ratio = 1.10 (Enterprise Value 14.14b / Total Assets 12.91b)
Interest Expense / Debt = 0.51% (Interest Expense 18.2m / Debt 3.57b)
Taxrate = 33.60% (43.3m / 128.9m)
NOPAT = 468.9m (EBIT 706.2m * (1 - 33.60%))
Current Ratio = 0.31 (Total Current Assets 427.8m / Total Current Liabilities 1.39b)
Debt / Equity = 0.49 (Debt 3.57b / totalStockholderEquity, last quarter 7.35b)
Debt / EBITDA = 2.35 (Net Debt 3.57b / EBITDA 1.52b)
Debt / FCF = 2.73 (Net Debt 3.57b / FCF TTM 1.31b)
Total Stockholder Equity = 7.22b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.19% (Net Income 547.7m / Total Assets 12.91b)
RoE = 7.58% (Net Income TTM 547.7m / Total Stockholder Equity 7.22b)
RoCE = 8.28% (EBIT 706.2m / Capital Employed (Equity 7.22b + L.T.Debt 1.31b))
RoIC = 5.50% (NOPAT 468.9m / Invested Capital 8.52b)
WACC = 7.63% (E(10.57b)/V(14.14b) * Re(10.09%) + D(3.57b)/V(14.14b) * Rd(0.51%) * (1-Tc(0.34)))
Discount Rate = 10.09% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.15%
[DCF Debug] Terminal Value 81.10% ; FCFF base≈1.05b ; Y1≈1.15b ; Y5≈1.47b
Fair Price DCF = 79.04 (EV 27.95b - Net Debt 3.57b = Equity 24.38b / Shares 308.5m; r=7.63% [WACC]; 5y FCF grow 11.23% → 3.0% )
EPS Correlation: -49.46 | EPS CAGR: -25.17% | SUE: -2.80 | # QB: 0
Revenue Correlation: -63.71 | Revenue CAGR: -12.07% | SUE: -0.02 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.84 | Chg30d=+0.040 | Revisions Net=-5 | Analysts=13
EPS next Year (2026-12-31): EPS=3.83 | Chg30d=+0.847 | Revisions Net=+11 | Growth EPS=+99.6% | Growth Revenue=+22.3%

Additional Sources for AR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle