Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Antero Resources Corp before investing.

In this article, we go over a few key elements for understanding Antero Resources Corp’s stock price such as:

• Antero Resources Corp’s current stock price and volume
• Why Antero Resources Corp’s stock price changed recently
• Upgrades and downgrades for AR from analysts
• AR’s stock price momentum as measured by its relative strength

About Antero Resources Corp (AR)

Before we jump into Antero Resources Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Antero Resources Corporation is an independent natural gas and natural gas liquids (NGLs) company. The Company is engaged in the acquisition, development and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to economically develop and produce natural gas, NGLs and oil from unconventional formations. The Company operates through three segments: the exploration, development, and production of natural gas, NGLs and oil; marketing of excess firm transportation capacity; and midstream services through its equity method investment in Antero Midstream Corporation (Antero Midstream). The Company holds approximately 515,000 net acres of natural gas, NGLs and oil properties located in the Appalachian Basin, primarily in West Virginia and Ohio.

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Antero Resources Corp’s Stock Price as of Market Close

As of May 28, 2024, 4:00 PM, CST, Antero Resources Corp’s stock price was $34.68.

Antero Resources Corp is up 4.21% from its previous closing price of $33.28.

During the last market session, Antero Resources Corp’s stock traded between $33.20 and $33.93. Currently, there are 304.94 million shares of Antero Resources Corp stock available for purchase.

Antero Resources Corp’s price-earnings (P/E) ratio is currently at 165.0, which is high compared to the Oil & Gas - Exploration and Production industry median of 11.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Antero Resources Corp Stock Price History

Antero Resources Corp’s (AR) price is currently up 1.97% so far this month.

During the month of May, Antero Resources Corp’s stock price has reached a high of $35.83 and a low of $32.02.

Over the last year, Antero Resources Corp has hit prices as high as $35.83 and as low as $19.91. Year to date, Antero Resources Corp’s stock is up 11.91%.

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What Caused Antero Resources Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 24, 2024, there were 3 analysts who downgraded Antero Resources Corp’s stock and 8 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Antero Resources Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Antero Resources Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Antero Resources Corp’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Antero Resources Corp (AR) by visiting AAII Stock Evaluator.

Relative Price Strength of Antero Resources Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 24, 2024, Antero Resources Corp has a weighted four-quarter relative price strength of 8.76%, which translates to a Momentum Score of 85 and is considered to be Very Strong.

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Antero Resources Corp Stock Price: Bottom Line

As of May 28, 2024, Antero Resources Corp’s stock price is $34.68, which is up 4.21% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Antero Resources Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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