Antero Resources Intrinsic Value Calculation – Antero Resources Positioned for Growth in Thriving Shale Gas Market by 2029
July 21, 2023
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Antero Resources ($NYSE:AR) is an American natural gas and oil company located in Denver, Colorado. It specializes in the exploration, production, gathering, processing, and marketing of natural gas, natural gas liquids and oil in the Appalachian Basin. With the company’s experienced management team and its focus on creating value through operational excellence, Antero Resources has positioned itself for success in the thriving shale gas market by 2029. Companies such as Anadarko Petroleum Corporation and Antero Resources are well-positioned to take advantage of this growth. Antero Resources is focused on developing its resources in the Appalachian Basin, which is known for its abundant reserves of natural gas and liquids.
The company is also working to become more efficient with its drilling operations, taking advantage of new technologies and innovations in the industry. The company has invested heavily in its operations and is positioned to take advantage of the expected growth in demand for natural gas and other energy sources. Through continued operational excellence and strategic investments, Antero Resources is poised to remain a leader in the shale gas market for years to come.
Share Price
Antero Resources has made a strong move into the shale gas market in recent years, and on Thursday their stock opened at $24.4 and closed at $24.8, up by 3.2% from the previous closing price of 24.0. It is expected that by 2029, Antero Resources will be able to take advantage of the increased demand for natural gas in the United States and other countries. The increased sales of natural gas will help the company to grow and expand its market share. Antero Resources has been focusing on improving its production efficiency and increasing its gas output from their existing reserves. This will allow them to produce more natural gas at a lower cost than their competitors.
Additionally, the company is investing heavily in research and development efforts to create new technologies that will reduce the cost of production and make them more competitive in the market. The company also has plans to expand its infrastructure and create new pipelines for transporting natural gas. This will help to reduce transportation costs and increase their reach. By 2029, Antero Resources should be able to capture a significant portion of the growing shale gas market. With their strategies in place, they are expected to become one of the leading natural gas producers in the United States. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Antero Resources. More…
| Total Revenues | Net Income | Net Margin |
| 7.79k | 2.27k | 36.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Antero Resources. More…
| Operations | Investing | Financing |
| 2.83k | -1.08k | -1.75k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Antero Resources. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.87k | 6.7k | 22.72 |
Key Ratios Snapshot
Some of the financial key ratios for Antero Resources are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 32.7% | 50.4% | 40.3% |
| FCF Margin | ROE | ROA |
| 33.6% | 28.7% | 14.1% |
Analysis – Antero Resources Intrinsic Value Calculation
After completing an in-depth analysis of ANTERO RESOURCES‘s fundamentals, GoodWhale has determined that the fair value of ANTERO RESOURCES shares is around $24.7. Our proprietary Valuation Line has enabled us to come up with this fair value assessment. At the moment, ANTERO RESOURCES shares are trading at $24.8, a price which is very close to our fair value estimation. Thus, we conclude that ANTERO RESOURCES is currently trading at a fair price. More…
Peers
The company explores, develops, and produces natural gas and oil properties in the Appalachian Basin. As of December 31, 2015, Antero Resources had 2,009.5 net horizontal drilling locations in the Marcellus Shale and Utica Shale. EQT Corp is a Pittsburgh, Pennsylvania based energy company with a focus on natural gas. EQT’s core business is the production of natural gas from the Appalachian Basin. As of December 31, 2015, EQT Corporation had approximately 2.0 million net acres under lease in the Appalachian Basin. Range Resources Corporation is an independent natural gas and oil company with operations in the United States. The company is headquartered in Fort Worth, Texas. As of December 31, 2015, Range Resources had 7.4 trillion cubic feet of estimated proved natural gas reserves. CNX Resources Corp is a Pittsburgh, Pennsylvania based energy company with a focus on coal and natural gas. CNX’s core business is the production of coal and natural gas from the Appalachian Basin. As of December 31, 2015, CNX Resources had approximately 1.8 million net acres under lease in the Appalachian Basin.
– EQT Corp ($NYSE:EQT)
EQT Corp is a publicly traded company with a market capitalization of $14.96 billion as of 2022. The company has a return on equity of 18.8%. EQT Corp is engaged in the exploration, development, and production of natural gas and oil. The company has operations in the United States, Canada, and Australia.
– Range Resources Corp ($NYSE:RRC)
Range Resources Corp is an American oil and gas company with a market cap of 6.82B as of 2022. The company has a Return on Equity of 45.59%. Range Resources is engaged in the exploration, development, and production of natural gas and crude oil in the United States. The company was founded in 1987 and is headquartered in Fort Worth, Texas.
– CNX Resources Corp ($NYSE:CNX)
CNX Resources Corp is a publicly traded company with a market capitalization of over $3 billion as of early 2021. The company is involved in the exploration, production, and development of natural gas and oil properties. CNX Resources Corp has a negative return on equity, meaning that it has lost money for shareholders in recent years. Despite this, the company’s market capitalization suggests that investors believe it has significant potential.
Summary
Antero Resources is a leading player in the shale gas market, with tremendous growth opportunities in the coming years. The company’s stock price has recently moved up, due to its strong performance and positive outlook. Antero Resources is well-positioned to capitalize on the growing demand for shale gas, as it has the necessary expertise and technology in place.
Its recent acquisitions have further strengthened its position in the market. Investors should keep an eye on Antero Resources, as it is expected to continue to provide a strong return on investment in the near future.
