Antero Resources Sees Unusually Large Options Volume (AR)

Antero Resources (NYSE:AR) was the recipient of some unusual options trading on Thursday. Investors bought 5,278 put options on the company. This is an increase of 7,778% compared to the average volume of 67 put options.

In related news, insider K. Phil Yoo sold 2,500 shares of Antero Resources stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of $20.00, for a total value of $50,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 9.20% of the company’s stock.

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Institutional investors and hedge funds have recently modified their holdings of the business. Swiss National Bank increased its holdings in shares of Antero Resources by 0.4% during the fourth quarter. Swiss National Bank now owns 814,700 shares of the oil and natural gas company’s stock valued at $15,479,000 after acquiring an additional 3,100 shares in the last quarter. Xact Kapitalforvaltning AB increased its holdings in shares of Antero Resources by 16.1% during the fourth quarter. Xact Kapitalforvaltning AB now owns 24,711 shares of the oil and natural gas company’s stock valued at $470,000 after acquiring an additional 3,423 shares in the last quarter. AMP Capital Investors Ltd increased its holdings in shares of Antero Resources by 9.5% during the third quarter. AMP Capital Investors Ltd now owns 42,524 shares of the oil and natural gas company’s stock valued at $846,000 after acquiring an additional 3,685 shares in the last quarter. Toronto Dominion Bank increased its holdings in shares of Antero Resources by 39.6% during the fourth quarter. Toronto Dominion Bank now owns 13,015 shares of the oil and natural gas company’s stock valued at $247,000 after acquiring an additional 3,689 shares in the last quarter. Finally, OLD Mutual Customised Solutions Proprietary Ltd. increased its holdings in shares of Antero Resources by 33.9% during the fourth quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 15,800 shares of the oil and natural gas company’s stock valued at $300,000 after acquiring an additional 4,000 shares in the last quarter. 94.45% of the stock is currently owned by hedge funds and other institutional investors.



A number of equities analysts recently commented on the company. Citigroup lowered Antero Resources from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $20.62 to $27.00 in a research note on Tuesday. Zacks Investment Research lowered Antero Resources from a “buy” rating to a “hold” rating in a research note on Monday, March 5th. Morgan Stanley lifted their price objective on Antero Resources from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Friday. BMO Capital Markets reaffirmed a “buy” rating on shares of Antero Resources in a research note on Wednesday, January 24th. Finally, ValuEngine lowered Antero Resources from a “sell” rating to a “strong sell” rating in a research note on Friday, April 6th. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $24.13.

Shares of AR opened at $19.76 on Friday. Antero Resources has a 52-week low of $16.31 and a 52-week high of $22.68. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $6,463.42, a price-to-earnings ratio of 164.67, a price-to-earnings-growth ratio of 1.14 and a beta of 0.81.

Antero Resources (NYSE:AR) last issued its quarterly earnings results on Tuesday, February 13th. The oil and natural gas company reported $0.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.11. Antero Resources had a return on equity of 0.83% and a net margin of 16.83%. The firm had revenue of $919.84 million for the quarter, compared to analyst estimates of $857.64 million. equities analysts predict that Antero Resources will post 0.9 earnings per share for the current year.

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Antero Resources Company Profile

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, produces, and develops natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2017 had approximately 484,000 net acres in the southwestern core of the Marcellus Shale; approximately 137,000 net acres in the core of the Utica Shale; and approximately 214,000 net acres of Marcellus Shale leasehold.

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