Antero Resources Stock Intrinsic Value – Antero Resources Reports Impressive Q1 Earnings of $0.69 EPS and $1.41B Revenue
April 28, 2023
Trending News ☀️
It was the best quarterly report in the company’s history, reflecting its continued commitment to sound fiscal management and robust production growth. It specializes in the exploration and development of natural gas and oil reserves in the Appalachian Basin, primarily in West Virginia and Ohio. The company has extensive experience in horizontal drilling and completion operations, and has established itself as a leader in the Marcellus and Utica Shale plays. Antero Resources ($NYSE:AR) produces oil and natural gas liquids, as well as dry and wet gas, which it sells to customers throughout the United States. It also owns significant midstream operations which are responsible for gathering, treating, processing, and transporting its production.
Share Price
The stock opened at $21.9 and closed at $21.8, a slight 1.3% decrease from the closing price of $22.1 the day prior. Despite the minor dip in price, investors remain optimistic about Antero’s future prospects. The impressive first quarter performance was driven largely by increased production and higher realized prices for natural gas and natural gas liquids. Antero’s financial performance has been improving steadily throughout the past year, with the company’s assets and operations significantly strengthened through cost reductions and improved investment returns.
This trend is expected to continue in the coming quarters, as the company looks to capitalize on its strong position in the Appalachian Basin and key positions in other plays. Moving forward, Antero plans to focus on enhancing shareholder value through disciplined capital allocation and capital efficiency measures. 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 |
| 8.29k | 1.9k | 41.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Antero Resources. More…
| Operations | Investing | Financing |
| 3.05k | -943.61 | -2.11k |
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 |
| 14.12k | 7.1k | 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 |
| 31.5% | 50.4% | 31.3% |
| FCF Margin | ROE | ROA |
| 34.8% | 25.1% | 11.5% |
Analysis – Antero Resources Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of ANTERO RESOURCES‘ wellbeing. Our proprietary Valuation Line found that the intrinsic value of ANTERO RESOURCES shares is around $25.4. Currently, ANTERO RESOURCES stock is being traded at $21.8, which is a fair price but is still undervalued by 14.1%. This discrepancy between the intrinsic value and current stock price indicates potential upside for investors. More…
Peers
The company explores, develops, and produces natural gas and oil properties in the Appalachian Basin. As of December 31, 2015, Antero Resources had 2,009.5 net horizontal drilling locations in the Marcellus Shale and Utica Shale. EQT Corp is a Pittsburgh, Pennsylvania based energy company with a focus on natural gas. EQT’s core business is the production of natural gas from the Appalachian Basin. As of December 31, 2015, EQT Corporation had approximately 2.0 million net acres under lease in the Appalachian Basin. Range Resources Corporation is an independent natural gas and oil company with operations in the United States. The company is headquartered in Fort Worth, Texas. As of December 31, 2015, Range Resources had 7.4 trillion cubic feet of estimated proved natural gas reserves. CNX Resources Corp is a Pittsburgh, Pennsylvania based energy company with a focus on coal and natural gas. CNX’s core business is the production of coal and natural gas from the Appalachian Basin. As of December 31, 2015, CNX Resources had approximately 1.8 million net acres under lease in the Appalachian Basin.
– EQT Corp ($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
This was coupled with revenue that came in at $1.41B, a $200M beat from the projected figure. The impressive results have investors considering Antero Resources more favorably, as the company has established a good track record of exceeding expectations and delivering solid returns. The company’s low risk model and history of strong performance have investors expecting more positive returns in the future.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
