Antero Resources Corporation is set to release its latest quarterly earnings on Tuesday, April 28th, with a consensus estimate EPS of $1.16.
The current price of AR stands at $38.84, showing a price increase of 65 cents (1.7%) from the previous close at $38.19. The trading volume is at $1.30 million, representing a 21.68% increase relative to the average.
In the last quarterly report on February 10th, AR exceeded expectations with an EPS of 63 cents, surpassing the consensus estimate of 53 cents.
Antero Resources Corporation reported a free cash flow of $318 million, with a net change in cash of $210 million. Operating cash flow stood at $370.74 million, while debt repayment amounted to -$82.50 million.
The company generated revenue of $1.43 billion, resulting in a gross profit of $373.98 million. Operating income was $318 million, with a net income of $193.68 million and an EPS of 63 cents.
Key financial ratios include a net profit margin of 13.52%, return on equity at 2.57%, and a price-to-earnings ratio of 13.78.
AR holds $210 million in cash and cash equivalents, with total assets valued at $14.29 billion. Total liabilities amount to $6.57 billion, resulting in a net debt of $4.93 billion.
This comprehensive overview provides insights into the recent performance and financial health of Antero Resources Corporation.
Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2021, it had approximately 502,000 net acres in the Appalachian Basin; and 174,000 net acres in the Upper Devonian Shale. The company also owned and operated 494 miles of gas gathering pipelines in the Appalachian Basin; and 21 compressor stations. It had estimated proved reserves of 17.7 trillion cubic feet of natural gas equivalent, including 10.2 trillion cubic feet of natural gas; 718 million barrels of assumed recovered ethane; 501 million barrels of primarily propane, isobutane, normal butane, and natural gasoline; and 36 million barrels of oil. 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 founded in 2002 and is headquartered in Denver, Colorado.