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, Appalachian Basin, Upper Devonian Shale

AR EPS (Earnings per Share)

EPS (Earnings per Share) of AR over the last years for every Quarter: "2020-09": 0.05, "2020-12": -0.03, "2021-03": 0.62, "2021-06": 0.13, "2021-09": 0.19, "2021-12": 0.46, "2022-03": 1.15, "2022-06": 1.68, "2022-09": 1.63, "2022-12": 1.04, "2023-03": 0.5, "2023-06": -0.28, "2023-09": 0.08, "2023-12": 0.23, "2024-03": 0.07, "2024-06": -0.19, "2024-09": -0.07, "2024-12": 0.57, "2025-03": 0.78, "2025-06": 0.35, "2025-09": 0.1551,
EPS Growth (3Y CAGR): -49.94%
EPS Trend (3Y Correlation): -5.0%

AR Revenue

Revenue of AR over the last years for every Quarter: 2020-09: 797.995, 2020-12: 993.575, 2021-03: 1205.374, 2021-06: 1142.807, 2021-09: 1539.73, 2021-12: 1902.848, 2022-03: 1719.91, 2022-06: 2351.822, 2022-09: 2425.684, 2022-12: 1800.911, 2023-03: 1216.094, 2023-06: 893.61, 2023-09: 1061.959, 2023-12: 1107.311, 2024-03: 1057.567, 2024-06: 928.082, 2024-09: 983.58, 2024-12: 1149.466, 2025-03: 1392.59, 2025-06: 1204.043, 2025-09: 1174.751,
Revenue Growth (3Y CAGR): -14.39%
Revenue Trend (3Y Correlation): -11.8%
Risk via 10d forecast
Volatility 40.2%
Value at Risk 5%th 63.3%
Relative Tail Risk -4.43%
Reward TTM
Sharpe Ratio 0.35
Alpha -4.55
Character TTM
Hurst Exponent 0.489
Beta 1.090
Beta Downside 1.590
Drawdowns 3y
Max DD 46.46%
Mean DD 23.68%
Median DD 25.00%

Description: AR Antero Resources October 31, 2025

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 across three segments-Exploration & Production, Marketing, and an equity-method investment in Antero Midstream-and maintains about 708 miles of gathering and compression pipelines to support its gas-focused asset base.

As of the latest 2023 annual report, Antero generated approximately 1.3 billion cubic feet per day (Bcfd) of net natural gas production, with a cash flow conversion of roughly 85 % and a net debt-to-EBITDA ratio near 2.3×, reflecting a balance between growth and leverage. The company’s earnings are highly sensitive to Henry Hub gas prices, which have trended upward on the back of tighter U.S. storage levels and increased demand for LNG export capacity-key macro drivers for Appalachian producers.

For a deeper quantitative assessment, you may find the ValueRay platform’s analyst tools useful.

AR Stock Overview

Market Cap in USD 9,536m
Sub-Industry Oil & Gas Exploration & Production
IPO / Inception 2013-10-10
Return 12m vs S&P 500 -1.42%
Analyst Rating 3.95 of 5

AR Dividends

Currently no dividends paid

AR Growth Ratios

CAGR 3y 0.19%
CAGR/Max DD Calmar Ratio 0.00
CAGR/Mean DD Pain Ratio 0.01
Current Volume 4852.5k
Average Volume 4544.9k

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income (547.7m TTM) > 0 and > 6% of Revenue (6% = 295.3m TTM)
FCFTA 0.12 (>2.0%) and ΔFCFTA 6.77pp (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 7.98 (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
(C) 0.05 = EBIT TTM 707.2m / Avg Total Assets 13.07b
(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) 62.90

1. Piotroski 6.50pt = 1.50
2. FCF Yield 11.56% = 5.0
3. FCF Margin 30.80% = 7.50
4. Debt/Equity 0.49 = 2.38
5. Debt/Ebitda 2.35 = -0.67
6. ROIC - WACC (= -1.85)% = -2.31
7. RoE 7.58% = 0.63
8. Rev. Trend -11.85% = -0.89
9. EPS Trend -4.97% = -0.25

What is the price of AR shares?

As of November 15, 2025, the stock is trading at USD 34.36 with a total of 4,852,493 shares traded.
Over the past week, the price has changed by +2.11%, over one month by +8.70%, over three months by +6.25% and over the past year by +12.99%.

Is Antero Resources a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Antero Resources is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 62.90 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of AR is around 30.96 USD . This means that AR is currently overvalued and has a potential downside of -9.9%.

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 42.2 22.9%
Analysts Target Price 42.2 22.9%
ValueRay Target Price 34.2 -0.5%

AR Fundamental Data Overview November 01, 2025

Market Cap USD = 9.54b (9.54b USD * 1.0 USD.USD)
P/E Trailing = 16.3545
P/E Forward = 11.1359
P/S = 1.9042
P/B = 1.4162
P/EG = 0.3459
Beta = 0.565
Revenue TTM = 4.92b USD
EBIT TTM = 707.2m USD
EBITDA TTM = 1.52b USD
Long Term Debt = 1.49b USD (from longTermDebt, last fiscal year)
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 = 13.11b USD (9.54b + Debt 3.57b - (null CCE))
Interest Coverage Ratio = 7.98 (Ebit TTM 707.2m / Interest Expense TTM 88.6m)
FCF Yield = 11.56% (FCF TTM 1.52b / Enterprise Value 13.11b)
FCF Margin = 30.80% (FCF TTM 1.52b / 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 = 1.02 (Enterprise Value 13.11b / Total Assets 12.91b)
Interest Expense / Debt = 0.51% (Interest Expense 18.2m / Debt 3.57b)
Taxrate = 33.60% (43.3m / 128.9m)
NOPAT = 469.5m (EBIT 707.2m * (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 = 2.36 (Net Debt 3.57b / FCF TTM 1.52b)
Total Stockholder Equity = 7.22b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.24% (Net Income 547.7m / Total Assets 12.91b)
RoE = 7.58% (Net Income TTM 547.7m / Total Stockholder Equity 7.22b)
RoCE = 8.12% (EBIT 707.2m / Capital Employed (Equity 7.22b + L.T.Debt 1.49b))
RoIC = 5.54% (NOPAT 469.5m / Invested Capital 8.47b)
WACC = 7.39% (E(9.54b)/V(13.11b) * Re(10.03%) + D(3.57b)/V(13.11b) * Rd(0.51%) * (1-Tc(0.34)))
Discount Rate = 10.03% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.15%
[DCF Debug] Terminal Value 72.97% ; FCFE base≈1.17b ; Y1≈1.29b ; Y5≈1.65b
Fair Price DCF = 66.46 (DCF Value 20.50b / Shares Outstanding 308.5m; 5y FCF grow 11.23% → 3.0% )
EPS Correlation: -4.97 | EPS CAGR: -49.94% | SUE: -2.80 | # QB: 0
Revenue Correlation: -11.85 | Revenue CAGR: -14.39% | SUE: -0.02 | # QB: 0

Additional Sources for AR Stock

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