Antero Resources stock increases by 1.7% on positive news

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Antero Resources ($NYSE:AR) is an oil and gas company based in Denver, Colorado. The company’s stock increased by 1.7% today on positive news. The positive news that drove Antero Resources’ stock higher today was the company’s announcement of a new joint venture with Total SA.

The joint venture is good news for Antero Resources because it will help the company fund its operations and continue to grow. Total SA is a large, international oil and gas company, so the joint venture will also give Antero Resources access to new markets and resources.

Price History

The company’s stock price has been steadily rising since the beginning of the year, and Thursday’s news helped to boost it even further. However, some investors are concerned that the stock price is getting too high and that the company may not be able to sustain its current level of growth. Live Quote…

About the Company

VI Analysis

Antero Resources is a publicly traded oil and gas exploration and production company based in Denver, Colorado. The company is focused on the development of natural gas and oil resources in the Appalachian Basin, including the Marcellus Shale and Utica Shale plays. Antero Resources is classified as a ‘gorilla’ company, meaning that it has achieved stable and high revenue or earning growth due to its strong competitive advantage. The company is strong in growth, medium in asset, profitability and weak in dividend. Antero Resources has an intermediate health score of 6/10 considering its cashflows and debt. This means that the company is likely able to pay off its debt and fund future operations. Investors interested in Antero Resources may be attracted to its strong growth potential and its position as a leading player in the Appalachian Basin. More…

VI 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

If you’re looking for a energy stock that has shown strong growth in recent years, then Antero Resources may be a good option for you. The company has been involved in a number of successful energy projects and has seen its stock price increase by 1.7% on positive news. While there has been some negative news surrounding the company in recent months, the overall trend has been positive and the stock price has remained relatively stable.