
Antero Resources (AR) Stock Forecast & Price Target
Antero Resources (AR) Analyst Ratings
Bulls say
Antero Resources reported proven reserves of 18.1 trillion cubic feet of natural gas equivalent and maintained a strong production level of approximately 3,483 million cubic feet of equivalent per day in 2023, with a noteworthy balance of 37% liquids and 63% natural gas. The company is poised for improvement through enhanced operational efficiencies, potential cost reductions exceeding the current 10% year-over-year guidance, and recovery in natural gas liquids pricing, particularly propane. Additionally, a stronger free cash flow (FCF) is anticipated, which may enable increased activity in the company’s buyback program.
Bears say
Antero Resources is facing a negative outlook due to anticipated lower free cash flow (FCF) in the near term resulting from current depressed natural gas and liquids pricing. The company's unhedged strategy, which was previously viewed favorably, is expected to lead to decreased FCF when investor scrutiny may increase concerning larger gas exploration and production positions. Additionally, ongoing negative sentiment in the gas exploration and production sector, coupled with potential declines in industry activity and reduced price estimates, may further hinder Antero Resources' financial performance and investor confidence.
This aggregate rating is based on analysts' research of Antero Resources and is not a guaranteed prediction by Public.com or investment advice.
Antero Resources (AR) Analyst Forecast & Price Prediction
Start investing in Antero Resources (AR)
Order type
Buy in
Order amount
Est. shares
0 shares