⚠️ Not investment advice. This is a quantitative research tool; every decision is the user's own responsibility. Past performance does not guarantee future results.⚠️ Not investment advice. Past performance does not guarantee future results.
⚠️ Not investment advice. Past performance does not guarantee future results.
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Antero Resources AR

United StatesEnergy · Oil & Gas E&PUSD
5.4AI score
Rank 1,455 of 2,130
better than 29% of companies
35.57USD
▲ 12.6% in one year
AR MSCI World +22.1%
Average analyst target
49.43 USD (+39.0%)
21 analysts
52-wk low 29.10High 45.75
📈 Chart on TradingView ↗(affiliate link)Analysis of 08/10/2026

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 news
Bottom line

Valuation 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.

⚠ Main risk

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 date
Cheaper than its sector

On P/E, it trades 35% below the Energy median.

MultipleCompanySectorDifference
P/E10.215.7−35%
Price / book1.32.2−41%
Price / sales1.91.9−1%

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).

Indicative fair value · USD
Graham99.18▲ +179% vs price
Cash flow (DCF)29.87▼ −16% vs price
Price35.57at the analysis date

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.

🛒 Where to buy ARCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderAvailable in your country · US (NYSE/Nasdaq) · sample 200.00 € order
By the cost of that order: commission and FX, taxes excluded (public fee schedules). Brokers marked «affiliate» may pay Meridian a commission at no cost to you. This is not investment advice. · Compare all 22 brokers by real cost →

Score by category

0 to 10 · hover overtap each one to see what it measures
Financial healthiWeak4.2Energy median: 6.8
Quality / MoatiFair5.7Energy median: 5.8
ValuationiFair6.1Energy median: 5.9
GrowthiGood7.2Energy median: 7.2
DividendiPoor1.4Energy median: 6.0
MomentumiFair5.3Energy median: 7.7
Risk & ContextiGood7.7Energy median: 7.7
Energy median7 or more 5 to 7 under 5

Key metrics

at the analysis date · compared with the Energy median
P/Ei
10.2
Energy: 15.7below
ROEi
14.2%
Energy: 14.7%in line
Operating margini
26.0%
Energy: 24.0%above
Revenue growthi
+12.6%
Energy: +32.7%below
Dividend yieldi
0.0%
Energy: 2.8%below
Forward P/Ei
8.1
Energy: 12.1below

Valuation

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

Compare it with its sector

All 102 in Energy →
See the full ranking with filters →

Keep browsing the ranking

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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.