Antero Resources Stock Was 9.46% Up On Wednesday

(VIANEWS) – The NYSE ended the session with Antero Resources jumping 9.46% to $25.62 on Wednesday, following the last session’s downward trend. NYSE rose 0.15% to $17,365.99, after two consecutive sessions in a row of losses, on what was a somewhat bullish trend trading session today.

Antero Resources’s last close was $23.41, 24.24% below its 52-week high of $30.90.

About Antero Resources

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 Development; Marketing; and Equity Method Investment in Antero Midstream. As of December 31, 2023, the company had approximately 515,000 net acres in the Appalachian Basin; and approximately 172,000 net acres in the Upper Devonian Shale. Its gathering and compression systems also comprise 631 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.

Earnings Per Share

As for profitability, Antero Resources has a trailing twelve months EPS of $0.78.

PE Ratio

Antero Resources has a trailing twelve months price to earnings ratio of 32.85. Meaning, the purchaser of the share is investing $32.85 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.8%.

Sales Growth

Antero Resources’s sales growth is negative 22.3% for the present quarter and 9% for the next.

Moving Average

Antero Resources’s value is way above its 50-day moving average of $22.19 and higher than its 200-day moving average of $24.25.

More news about Antero Resources (AR).

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