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$39.08
+20.69% 1Y
Mkt Cap$12.01B
P/E11.20
P/B1.45
52W High$45.15
52W Low$29.87
Book Value$26.96
EPS (TTM)$3.49

Company Overview

Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Production; Marketing; and Equity Method Investment in Antero Midstream. As of December 31, 2025, the company had approximately 537,000 net acres in the Appalachian Basin; and approximately 168,000 net acres in the Upper Devonian Shale. Its gathering and compression systems also comprise 731 miles of gas gathering pipelines in the Appalachian Basin. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was incorporated in 2002 and is headquartered in Denver, Colorado.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 15.6% CAGR over the past five years.

Reasonable Valuation

Trades at a P/E of 11.2, below the sector median of 15.8.

Healthy Margins

Maintains a net profit margin of 18.7%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $5.28B (+22.0% YoY); net profit $634.42M.
  • Trailing 12 Months Year-on-year growth — revenue +12.6%, earnings +79.9%.
  • 5-Year Trend Long-term compounding — revenue CAGR 15.6%, profit CAGR 3.5%.

Growth & Price Performance

Compounded Sales Growth

5 Years:15.62%
1 Year:12.60%

Compounded Profit Growth

5 Years:3.49%
1 Year:79.90%

Stock Price Performance

1 Year:+20.69%
6 Months:-0.03%
3 Months:+10.02%
1 Month:+12.59%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 60% of range
$29.87 $45.15
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)61.89 · Neutral
Price Performance
1M+12.59%
3M+10.02%
6M-0.03%
1Y+20.69%
Valuation vs Sector

P/E of 11.20 is below the sector median of 15.76 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 15.6% over 5 years.
  • Generates positive free cash flow.

CONS

  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
11.20
Industry PE
15.76
Forward P/E
9.04
PEG Ratio
0.45
Book Value
$26.96
Price to Book
1.45
P/S
2.08
EV/EBITDA
6.59
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
15.62%
Profit 5Y
3.49%
Revenue (YoY)
12.60%
Earnings (YoY)
79.90%

Profitability & Returns

ROCE
7.53%
ROE
14.22%
ROA
6.61%
Profit Margin
18.75%
Op Margin
26.02%
Gross Margin
67.15%
EPS (Latest Qtr)
$0.90
EPS (TTM)
$3.49

Balance Sheet & Liquidity

Debt/Equity
0.55
Quick Ratio
0.28
Current Ratio
0.40
Debt
$4.62B
Total Assets
$15.23B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
4.41%
Chg in Prom Hold
-
FII / Inst Holding
91.48%
Chg in FII Hold
-0.06%

Financial Snapshot

Enterprise Value
$12.01B
Total Revenue (TTM)
$5.78B
EBITDA
$2.32B
Free Cash Flow
$391.22M
Operating Cash Flow
$1.98B
Shares Outstanding
307.44M
Gross Margin
67.15%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Energy).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 AR Antero Resources Corporation R3K 39.08 11.20 $12.01B 0.00% 7.53% 14.22% 15.62% 3.49%
2 XOM ExxonMobil Holdings Corporation SPXR3K 160.66 20.68 $660.62B 2.52% 9.01% 12.58% 0.48% -1.99%
3 CVX Chevron Corporation SPXR3K 209.80 20.19 $411.54B 3.39% - 12.23% -1.00% -2.30%
4 TTE TotalEnergies SE 90.10 11.28 $199.03B 4.63% 10.04% 14.48% -11.53% -13.84%
5 COP ConocoPhillips SPXR3K 135.04 17.86 $162.23B 2.49% 10.31% 14.18% -9.11% -24.66%
6 MPC Marathon Petroleum Corporation SPXR3K 397.77 13.80 $116.12B 0.95% 12.90% 42.10% 6.91% 14.73%
7 BP BP p.l.c. 44.88 21.47 $115.58B 4.49% 7.99% 8.87% -7.78% -
8 ENB Enbridge Inc. 50.48 26.99 $110.25B 5.55% 5.84% 9.22% 6.94% 35.62%
9 VLO Valero Energy Corporation SPXR3K 369.75 15.43 $106.46B 1.16% 9.83% 27.64% 6.23% -4.61%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue 1.44B905.12M721.00M-249.20M1.12B156.22M1.20B790.39M647.88M1.02B1.03B989.34M1.08B1.05B1.04B1.30B1.12B952.74M1.32B484.91M380.59M1.31B1.20B487.08M533.88M786.84M2.20B2.06B1.41B953.30M1.13B1.12B978.65M1.06B-1.20B1.13B1.28B1.86B1.34B
Cost of Revenue -----------------------------------961.38M961.08M1.01B1.12B1.06B
Gross Profit -----------------------------------242.66M172.40M271.25M741.78M276.17M
Operating Expenses -----------------------------------70.75M68.56M64.19M80.31M69.84M
Operating Income 941.12M313.23M78.75M-889.87M467.33M-632.01M501.34M123.74M-72.05M187.06M146.49M-32.76M4.80M-46.63M-33.71M100.00M-985.88M-67.46M262.43M-606.92M-754.11M145.15M94.54M-642.95M-684.07M-204.60M1.06B774.16M331.49M-88.94M55.73M47.74M-80.09M-24.97M-171.91M103.84M207.07M661.46M206.32M
EBITDA -----------------------------------423.25M336.90M483.01M937.99M631.17M
Interest Expense -----------------------------------19.95M18.23M22.13M36.96M37.52M
Pretax Income -----------------------------------214.76M128.94M272.87M693.72M365.42M
Tax Provision -----------------------------------48.19M43.33M69.95M145.51M79.00M
Net Income -----------------------------------156.59M76.18M193.68M535.22M278.66M
Diluted EPS 1.930.57-0.02-2.120.77-1.550.85-0.02-0.431.540.05-0.43-0.49-0.393.170.14-2.86-1.61-1.19-1.73-1.990.24-0.05-1.70-1.75-0.502.291.720.69-0.280.060.07-0.26-0.11-0.500.240.621.720.90

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 691.35M735.72M1.31B2.72B3.95B1.74B3.66B4.14B4.41B3.49B4.62B7.14B4.68B4.33B5.28B
Operating Income 530.98M444.01M341.21M1.30B1.79B-975.80M740.09M71.91M-987.04M-953.45M23.86M2.54B396.25M460.00K883.65M
Net Income 392.68M-285.07M-18.93M675.84M941.36M-848.82M615.07M-397.52M-340.13M-1.27B-186.90M1.87B198.40M57.23M634.42M
Diluted EPS 1.50-1.09-0.072.573.43-2.881.94-1.26-1.11-4.65-0.615.690.640.182.03

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --3.62B6.61B11.57B14.12B14.26B15.26B15.52B15.20B13.15B13.90B14.12B13.52B13.01B13.25B
Total Equity 1.59B1.96B1.67B3.60B4.38B5.93B6.26B8.15B7.67B6.97B5.77B5.76B6.75B6.90B7.02B7.55B
Cash & Equivalents 8.99M3.34M18.99M17.49M245.98M23.47M31.61M28.44M--------
Long Term Debt ----4.36B4.67B4.70B4.80B5.46B3.76B3.00B2.13B1.18B1.54B1.49B1.40B
Total Liabilities --1.95B3.01B6.10B6.83B6.53B6.39B7.03B8.23B7.06B7.83B7.10B6.38B5.79B5.53B
Current Liabilities --376.30M622.23M894.73M707.27M817.39M762.10M853.54M1.04B983.05M2.07B1.77B1.45B1.45B1.50B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 266.31M332.25M534.71M998.26M1.02B1.24B2.01B2.08B1.10B735.64M-3.05B994.72M849.29M1.63B
Investing Cash Flow -901.25M-463.49M-2.67B-4.09B-2.30B-2.40B-2.46B-2.35B-1.04B-530.06M--943.61M-1.14B-714.15M-1.08B
Financing Cash Flow 629.30M146.88M2.14B3.32B1.06B1.16B452.17M240.30M557.56M-205.58M--2.11B146.05M-135.13M-343.12M
Capital Expenditure ---2.67B-4.09B---2.22B-2.21B-1.42B-874.36M--163.32M-167.52M-101.92M-387.78M
Free Cash Flow ---2.14B-3.09B---210.46M-128.60M-318.70M-138.72M-2.89B827.20M747.36M1.24B
Net Change in Cash --------------210.00M
Share Buybacks -------129.08M38.77M43.44M-873.74M75.36M-136.40M

Ratios (Annual)

Figures in %.

Metric Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ---------------
Operating Margin % 76.8%60.4%26.0%47.8%45.3%-55.9%20.2%1.7%-22.4%-27.3%0.5%35.6%8.5%0.0%16.7%
Net Margin % 56.8%-38.7%-1.4%24.8%23.8%-48.7%16.8%-9.6%-7.7%-36.3%-4.0%26.2%4.2%1.3%12.0%
ROE % 20.0%-17.0%-0.5%15.4%15.9%-13.6%7.5%-5.2%-4.9%-22.0%-3.2%27.7%2.9%0.8%8.4%
ROCE % -13.7%5.7%12.2%13.4%-7.3%5.1%0.5%-7.0%-7.8%0.2%20.6%3.3%0.0%7.5%

Shareholding Pattern

Insiders
4.41%
Institutions
91.48%
Public Float
95.70%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 8.95% 27.52M $959.28M
2 FMR, LLC 5.44% 16.72M $582.92M
3 Vanguard Portfolio Management LLC 4.55% 14.00M $488.08M
4 Vanguard Capital Management LLC 4.34% 13.33M $464.80M
5 Dimensional Fund Advisors LP 4.13% 12.70M $442.71M
6 State Street Corporation 3.71% 11.40M $397.38M
7 Sourcerock Group, LLC 2.82% 8.67M $302.23M
8 Invesco Ltd. 2.62% 8.06M $280.83M
9 AQR Capital Management, LLC 2.48% 7.61M $265.41M
10 Geode Capital Management, LLC 1.87% 5.75M $200.34M

Analyst View

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Latest News

Recent headlines for AR

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AR — Frequently Asked Questions

What is the current share price of Antero Resources Corporation (AR)?

As of 2026-09-19 21:16 PDT, Antero Resources Corporation (AR) trades at $39.08 on NYSE. Its 52-week range is $29.87 to $45.15.

What is the market capitalisation of AR?

Antero Resources Corporation (AR) has a market capitalisation of $12.01B on NYSE.

What is the P/E ratio of AR?

AR trades at a trailing price-to-earnings (P/E) ratio of 11.20. The industry average P/E is 15.76. Its price-to-book (P/B) ratio is 1.45.

What is the return on equity (ROE) of AR?

AR has a return on equity (ROE) of 14.22%. Its return on capital employed (ROCE) is 7.53%.

Is AR a good stock to buy?

This page provides a data-driven analysis of Antero Resources Corporation (AR), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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