Skip to main content
    A

    Antero Resources Corp (AR)

    Official site

    ENERGY • OIL & GAS E&P • NYSE

    $36.44
    -0.20 (-0.53%)

    Market Cap: $11.26B

    Last updated: Oct 16, 2026 at 1:54 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    41%(16/39)
    Avg Surprise
    -33.34%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.99
    Range$0.78 - $1.25
    15 analysts
    EPS Revisions
    1
    0
    7d
    2
    2
    30d
    EPS Estimate DriftChange to current
    90d ago$0.94+4.4%
    60d ago$1.06-6.6%
    30d ago$1.05-6.3%
    7d ago$1.02-3.7%
    Current$0.99
    Revenue Consensus
    $1.6B
    Range$1.5B - $1.7B
    10 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.36
    Range$0.77 - $1.85
    16 analysts
    Revenue Consensus
    $2.0B
    Range$1.4B - $2.3B
    11 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$1.36---
    Sep 26EST
    -$0.99---
    Jun 26
    Reported Jul 29
    $0.72$0.73-1.37%Miss+105.7%
    Mar 26
    Reported Apr 29
    $1.15$1.14+0.88%Beat+47.4%
    Dec 25
    Reported Feb 11
    $0.43$0.52-17.31%Miss-24.6%
    Sep 25
    Reported Oct 29
    $0.16$0.25-36.00%Miss+233.3%
    Jun 25
    Reported Jul 30
    $0.35$0.42-16.67%Miss+284.2%
    Mar 25
    Reported Apr 30
    $0.78$0.88-11.36%Miss+1014.3%
    Dec 24
    Reported Feb 12
    $0.57$0.29+96.55%Beat+147.8%
    Sep 24
    Reported Oct 30
    $-0.12$-0.06-100.00%Miss-250.0%
    Jun 24
    Reported Jul 31
    $-0.19$-0.16-18.75%Miss+32.1%
    Mar 24
    Reported Apr 24
    $0.07$0.03+133.33%Beat-86.0%
    Dec 23
    Reported Feb 14
    $0.23$0.21+9.52%Beat-77.9%
    Sep 23
    Reported Oct 25
    $0.08$0.05+60.00%Beat-95.1%
    Jun 23
    Reported Jul 26
    $-0.28$-0.28+0.00%Beat-116.7%
    Mar 23
    Reported Apr 26
    $0.50$0.54-7.41%Miss-56.5%
    Dec 22
    Reported Feb 15
    $1.04$0.89+16.85%Beat+126.1%
    Sep 22
    Reported Oct 26
    $1.63$1.88-13.30%Miss+757.9%
    Jun 22
    Reported Jul 27
    $1.68$1.95-13.85%Miss+1192.3%
    Mar 22
    Reported Apr 27
    $1.15$1.18-2.54%Miss+85.5%
    Dec 21
    Reported Feb 16
    $0.46$0.67-31.34%Miss+1633.3%
    Sep 21
    Reported Oct 27
    $0.19$0.33-42.42%Miss+280.0%
    Jun 21
    Reported Jul 28
    $0.13N/A-53.57%Miss+135.1%
    Mar 21
    Reported Apr 28
    $0.62$0.52+19.23%Beat+576.9%
    Dec 20
    Reported Feb 17
    $-0.03$0.06-150.00%Miss-50.0%
    Sep 20
    Reported Oct 28
    $0.05$-0.07+171.43%Beat+110.2%
    Jun 20
    Reported Jul 29
    $-0.37$-0.15-146.67%Miss-76.2%
    Mar 20
    Reported Apr 29
    $-0.13$0.02-750.00%Miss-137.1%
    Dec 19
    Reported Feb 12
    $-0.02N/A+77.78%Beat-104.3%
    Sep 19
    Reported Oct 29
    $-0.49$-0.30-63.33%Miss-304.2%
    Jun 19
    Reported Jul 31
    $-0.21$-0.13-61.54%Miss-1150.0%
    Mar 19
    Reported May 1
    $0.35$0.35+0.00%Beat-20.5%
    Dec 18
    Reported Feb 13
    $0.46$0.37+24.32%Beat+100.0%
    Sep 18
    Reported Oct 31
    $0.24$0.23+4.35%Beat+700.0%
    Jun 18
    Reported Aug 1
    $0.02N/A-87.50%Miss+150.0%
    Mar 18
    Reported Apr 25
    $0.44$0.37+18.92%Beat+144.4%
    Dec 17
    Reported Feb 13
    $0.23$0.24-4.17%Miss+4.5%
    Sep 17
    Reported Nov 1
    $-0.04$0.04-200.00%Miss-
    Jun 17
    Reported Aug 2
    $-0.04$0.04-200.00%Miss-
    Mar 17
    Reported May 8
    $0.18$0.10+80.00%Beat-
    Dec 16
    Reported Feb 28
    $0.22$0.19+15.79%Beat-

    Key Metrics

    Valuation
    P/E Ratio14.81EV/EBITDAN/A
    Price/FCF14.74xFCF Yield6.78%
    Profitability
    Profit Margin18.80%Operating Margin26.00%
    ROE14.20%ROIC8.55%
    Financial Health
    Debt/Equity0.61xInterest Coverage242.35x
    Current Ratio0.40xQuick Ratio0.40x
    Trading Statistics
    Beta0.54Avg Volume4.20M
    52-Week High$45.7552-Week Low$29.10

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$35.92
    SMA 20$35.22
    SMA 50$36.78
    SMA 200$36.41
    EMA 10$36.10
    EMA 20$35.97
    EMA 50$36.18
    EMA 200$36.08

    MACD

    Line: -0.01Signal: -0.32Hist: 0.31

    ADX

    ADX: 18.1+DI: 23.6-DI: 21.5

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down60.0
    PSAR$35.22

    Bollinger Bands

    Upper Band$37.54
    Lower Band$32.91
    %B Position1312%(Upper)
    Band Width0.76

    RSI (14-Day)

    Neutral
    52.6

    Momentum Oscillators

    Stoch %K82.7
    Stoch %D88.4
    Williams %R-27.3
    ROC (10d)7.1%
    Momentum2.40
    CCI (20d)79.5
    MFI (14d)59.7

    Volatility Measures

    ATR (14d)$1.06(2.9%)
    StdDev (20d)1.16
    Hist Vol32.4%(Moderate)

    Volume Flow

    VWAP$36.34
    OBV66.3M
    AD Line8.1M
    CMF (20d)-0.103

    Volume Metrics

    Avg Vol (20d)4.2M
    Vol Ratio0.5x
    VWMA (20d)$35.14

    Pivot Points

    R3$38.54
    R2$38.11
    R1$37.37
    Pivot Point$36.94
    S1$36.20
    S2$35.77
    S3$35.03

    Advanced Oscillators

    TSI-0.71
    Ultimate Osc51.5
    KST-42.99

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$1.56B$1.95B$1.41B$1.21B$1.30B$1.35B$1.17B$1.06B$978.65M$1.12B$1.19B$1.13B
    Cost of Revenue$821.14M$852.45M$794.89M$762.91M$754.36M$738.46M$734.87M$748.00M$734.89M$732.70M$697.56M$774.28M
    Gross Profit$738.70M$1.09B$616.74M$451.08M$543.13M$614.25M$433.88M$307.92M$243.76M$389.57M$496.59M$351.90M
    Operating Expenses$363.24M$363.22M$327.56M$332.96M$338.25M$342.78M$376.10M$332.89M$323.85M$341.84M$398.63M$296.17M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$57.82M$63.36M$55.98M$56.97M$57.21M$62.47M$59.44M$54.97M$59.44M$55.88M$21.45M$92.02M
    Operating Income$375.46M$729.45M$289.17M$118.12M$204.88M$271.47M$57.78M$-24,972,000$-80,086,000$47.74M$97.96M$55.73M
    Interest Income$-8,141,000$-6,845,000$-11,923,000$10.82M$10.61M$5.29M$-3,136,000$-2,644,000$-11,800,000$-6,840,000$-12,135,000$-31,634,000
    Interest Expense$0$6.74M$16.31M$0$729,000$2.90M$3.14M$528,000$0$0$-25,412,000$0
    Income Before Tax$365.42M$693.72M$272.87M$128.94M$214.76M$273.87M$54.64M$-28,144,000$-91,886,000$40.90M$89.03M$46.30M
    Income Tax Expense$79.00M$145.51M$69.95M$43.33M$48.19M$54.40M$-104,170,000$-2,954,000$-17,288,000$6.23M$17.61M$13.66M
    Net Income$286.42M$548.21M$202.92M$85.61M$166.57M$219.47M$158.81M$-25,190,000$-74,598,000$34.67M$71.42M$32.64M
    EBITDA$596.47M$909.24M$470.85M$301.56M$387.47M$453.00M$246.39M$159.05M$103.20M$232.97M$321.80M$248.25M
    EBIT$373.56M$707.31M$289.17M$118.12M$204.88M$271.47M$57.78M$-24,972,000$-80,086,000$47.74M$97.96M$77.94M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    My Deep Dive Into Natural Gas And Where The Real Money Is

    Permian oil-driven drilling raised associated gas supply 60% since 2021, EIA sees Permian at 29.2 Bcf/d in 2026, inventories 3.25 Tcf about 4.8% above five-year average LNG exports and power demand are surging - deliveries hit 19.6 Bcf/d mid-September...

    Leo Nelissen
    •
    9/23/26
    •
    275
    Natural Gas
    Also mentions:
    AMARBSMEQTET

    The Next Energy Boom Won't Look Like The Last One

    Market regime shift from 2021-22 Net Zero/ESG orthodoxy to explicit "Energy Pragmatism" - traditional energy assets are being structurally revalued and present material mispricing opportunities We are in a "Geopolitical Super-Volatility" era...

    Leo Nelissen
    •
    5/11/26
    •
    266
    Energy Sector
    Also mentions:
    RIVNWMBXLEXOMCVX

    The Appalachian King: Why Antero Resources Is The Ultimate "Call Option" on 2027 & Beyond

    I believe the current gas glut is temporary and driven by associated gas from the Permian Basin. As this production rolls over in the next 12–18 months, a major supply gap will emerge. With rising LNG exports and new data center needs...

    Leo Nelissen
    •
    2/16/26
    •
    139
    Energy Sector, Commodities, value investing
    Also mentions:
    RRC

    News

    AR Valuation and Fair Value

    P/E
    14.8x
    Forward P/E
    9.0x
    P/FCF
    14.7x
    PEG
    0.5x
    P/B
    1.4x
    See GNG's fair value

    AR Profitability: Margins, ROIC and FCF

    Gross margin
    47.3%
    Operating margin
    26.0%
    Net margin
    18.8%
    ROIC
    8.6%
    ROE
    14.2%
    FCF margin
    12.5%
    FCF yield
    6.8%

    AR Analyst Ratings

    Consensus
    Buy
    Analysts
    21
    Strong Buy
    2
    Buy
    12
    Hold
    7
    Sell
    0
    Strong Sell
    0

    AR Bull Case vs Bear Case

    Bull case

    • AR grew quarterly revenue 12.6% year over year.
    • 66.7% of AR's analyst ratings are Buy or Strong Buy.

    Bear case

    • AR beat EPS estimates in 25.0% of its last 8 reported quarters.

    AR Earnings: Beat Rate and Next Report

    Beat rate
    2 of 8 quarters (25.0%)
    Average surprise
    -10.7%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.99
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    2 up, 2 down

    Frequently Asked Questions About AR

    Does AR pay dividends?

    Antero Resources Corp (AR) does not currently pay a regular dividend.

    What is AR's P/E ratio?

    Antero Resources Corp has a price-to-earnings (P/E) ratio of 14.81.

    What is AR's market cap?

    Antero Resources Corp (AR) has a market capitalization of $11.26B with a current stock price of $36.44.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.