
49.43 USD (+39.0%)
21 analysts
What does it do?
Antero Resources Corporation is an independent natural gas and oil exploration and production (E&P) company, focused on the Appalachian basin in the United States.
Key points
from its scores- ✓Favourable backdrop7.7
- ✓Strong growth7.2
- ✕Little or no dividend1.4
- ✕Fragile balance sheet4.2
- !Weak share-price trend5.3
AI analysis
bottom line, main risk, context and newsValuation is reasonable, but balance sheet weakness and dependence on volatile commodity prices justify waiting for improved cash generation before increasing the position.
Antero Resources presents a mixed profile: attractive valuation (P/E 10.22, P/B 1.32) and strong earnings growth (79.9%), but with fragile financial health (liquidity 0.40, free cash flow conversion 16.89%) and no dividend. Current growth appears to be at the peak of the commodity cycle, adding risk to the sustainability of results.
The main risk is volatility in natural gas and oil prices, which can compress margins and cash generation, especially given its low liquidity ratio (0.40) and weak free cash flow conversion (16.89%).
Context and risks
Antero Resources is a U.S. natural gas and oil producer (Appalachian basin). The main risk is commodity price volatility, especially natural gas, which is not covered by the automatic crude oil layer. The company has a low liquidity ratio (0.40) and weak free cash flow conversion (16.89%), making it vulnerable to a weak price environment. Country governance risk is moderate, but no additional jurisdictional penalty is applied.
Is Antero Resources stock cheap or expensive?
at the analysis dateOn P/E, it trades 35% below the Energy median.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 10.2 | 15.7 | −35% |
| Price / book | 1.3 | 2.2 | −41% |
| Price / sales | 1.9 | 1.9 | −1% |
Sector: median of the 102 Energy companies analysed. In bold, the multiples used for the comparison.
Valuation score: 6.1 out of 10 (median for Energy: 5.9).
Average analyst target: 49.43 USD, +39.0% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 4.2 (sector 6.8), Growth 7.2 (sector 7.2).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Energy medianValuation
- P/E
- 10.2
- Forward P/E
- 8.1
- Price / book
- 1.3
- Price / sales
- 1.9
- PEG
- 0.41
- Market cap
- 10.9B USD
Profitability
- ROE
- 14.2%
- ROA
- 6.6%
- ROIC (approx.)
- 11.7%
- Gross margin
- 67.2%
- Operating margin
- 26.0%
- Net margin
- 18.7%
- Free cash flow
- 391.2M USD
- FCF yield
- 3.6%
- Cash conversion
- 17%
Solvency
- Total debt
- 4.6B USD
- EBITDA
- 2.3B USD
- Debt / equity
- 55.49
- Current ratio
- 0.40
- Quick ratio
- 0.28
Growth
- Revenue growth
- +12.6%
- Earnings growth
- +79.9%
- EPS (TTM)
- 3.48 USD
- EPS (forward)
- 4.39 USD
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- 0.54
- Analyst consensus
- Buy (21)
- Target price
- 49.43 USD
- 52-week range
- 29.10 – 45.75
Recent news
All AR news →Compare it with its sector
All 102 in Energy →Frequently asked questions about Antero Resources
Is Antero Resources stock cheap or expensive?
On P/E, it trades 35% below the Energy median. Valuation score: 6.1 out of 10 (median for Energy: 5.9). Average analyst target: 49.43 USD, +39.0% versus the price. This is not investment advice.
What score does Antero Resources get on MeridIAn Screener?
It scores 5.4 out of 10, rank 1,455 of 2,130 (better than 29% of the companies analysed). Its strongest category is Risk & Context (7.7) and its weakest, Dividend (1.4). Analysis of 08/10/2026.
What is Antero Resources's P/E ratio?
Its P/E is 10.2: the share price equals 10.2 times earnings per share over the last 12 months. The Energy median is 15.7. Based on the earnings analysts expect, the forward P/E is 8.1.
How much is Antero Resources worth on the stock market?
Its market capitalisation is 10.9B USD.
Does Antero Resources pay a dividend?
It pays no dividend, or almost none.
How has Antero Resources stock performed over the last year?
It has risen 12.6% over the last year, excluding dividends. Over the last 52 weeks it has traded between 29.10 and 45.75 USD. Past performance does not guarantee future results.
What do analysts think of Antero Resources?
21 analysts cover it; their average recommendation is “Buy” and their average target is 49.43 USD (+39.0% versus the price). It is an estimate, not market data.
