AR Antero Resources Corp
$38.40
▲ 5.4%Updated Oct 16, 2:25 PM ET
Report Card
AR at a glance — five pillars scored 0–100 from real filed financials.
How the 0–100 rating is calculatedOverall: Strong · 81/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
Price — Past Year
▼ Down 6.0% in the year to Jul 6, 2026
Key Metrics
Market Cap
$10.96B
P/E
11.45x
Forward P/E (est.)
8.18x
ROE
12.7%
Revenue Growth
28.8%
EPS Growth
364.7%
Profit Margin
16.4%
FCF Yield
15.7%
Debt / Equity
0.19x
ROIC
6.0%
Interest Coverage
3.08x
Current Ratio
0.4x
Dividend Yield
—
Implied Growth (rev. DCF)
—
Rating Score
81/100
Business Overview
Antero Resources Corp (AR) is a large-cap NYSE-listed company in the Energy industry, within the Energy sector, with a market value around $10.96B.
In its latest reported year it generated about $5.28B in revenue.
Our model rates AR Strong (81/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Economic Moat
Evidence of durable competitive advantage in the filed financials (10 years of history).
Profit margins and economic moats, explainedThe numbers don't show a durable competitive advantage — margins, growth, or returns on capital have been unstable or thin. Great returns are still possible; they just aren't protected.
8.4% average over the last 3 years
±25.2 pts around -2.2% across 10 years
grew in 6 of the last 9 year-over-year periods
positive in 6 of 10 years
6.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical Analysis (Educational)
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what AR's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. AR trades near $38.40, above its 50-day average ($36.29) and 200-day average ($35.56). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 52 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. AR's is $0.93 (~2.4% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. In the month to Jul 6, 2026, AR found buyers near $32.82 (support) and sellers near $37.08 (resistance); its 52-week range then was $29.10–$45.75. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.2× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. The indicators were last computed on Jul 6, 2026; the price is current.
Revenue Growth
4Y CAGR
3.4%
Revenue moved from $1.74B in 2016 to $5.28B in 2025, a 13.1% compound annual growth rate. The most recent year grew a strong 28.8% year over year. Consistent top-line growth is one sign of healthy demand.
Profitability
Gross Margin
72.1%
Operating Margin
16.7%
Net Margin
16.4%
ROE
12.7%
Antero Resources Corp keeps about 16.4% of each sales dollar as net profit, with a 72.1% gross margin and 16.7% operating margin. Return on equity is 12.7% and return on invested capital about 6.0%. Margins this wide usually signal pricing power or a cost advantage.
Debt Analysis
Total Debt
$2.43B
Net Debt
$2.43B
Net Debt / EBITDA
2.75x
Debt / Equity
0.19x
Leverage: debt-to-equity is 0.2x, and operating profit covers interest about 3.1x, with a current ratio of 0.4x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $2.43B of total debt against $4.54M of cash.
Cash Flow Analysis
Operating CF
$1.63B
Free Cash Flow
$1.63B
FCF Margin
30.9%
In the latest year Antero Resources Corp produced about $1.63B of operating cash flow and $1.63B of free cash flow after capital spending. That is a free-cash-flow yield of about 15.7% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Valuation Analysis
P/E
11.45x
P/S
2.08x
P/B
1.41x
EV / EBITDA
8.2x
AR trades at 11.4x trailing earnings (about 8.2x on estimated forward earnings), 2.1x sales, and 1.4x book value. That is an undemanding multiple — potentially cheap if the business is stable.
Metrics vs. Sector Range
Where AR sits versus the Energy companies we cover.
Bands show the middle half (25th–75th percentile) of the 47 Energy companies in our coverage that have fundamentals data — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
Sector Peer Comparison
How AR stacks up against its Energy peers — valuation, profitability, and growth versus the sector median.
Among the 47 rated Energy companies we cover, AR ranks #2 by our overall rating. It trades at a discount versus the sector on earnings (11.4x P/E vs. 21.4x median) with a lower return on equity (12.7% vs. 13.3%) and faster revenue growth (28.8% vs. 0.7%).
P/E vs sector
11.4x
median 21.4x
ROE vs sector
12.7%
median 13.3%
Growth vs sector
28.8%
median 0.7%
Sector rank
#2
of 47 rated
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Energy companies by sub-industry and size, preferring ones with full data. Sector medians and rank use the 47 rated companies among the 57 Energy stocks we cover. Educational, not a recommendation.
5-Year Projection Model
Project revenue → earnings → price. Edit the assumptions to build your own case.
What drives this projection, and its limits2030 scenario price range (Base Case)
$73.94 – $116.20
vs. $38.40 today · implied CAGR 14% – 25%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $6.81B | $8.78B | $11.33B | $14.61B | $18.85B |
| Net income | $1.09B | $1.40B | $1.81B | $2.34B | $3.02B |
| EPS | $3.81 | $4.92 | $6.35 | $8.19 | $10.56 |
| Share price (low) | $26.70 | $34.45 | $44.43 | $57.32 | $73.94 |
| Share price (high) | $41.96 | $54.13 | $69.83 | $90.07 | $116.20 |
| CAGR (low–high) | -30% / 9% | -5% / 19% | 5% / 22% | 11% / 24% | 14% / 25% |
Educational scenario model, not a forecast or investment advice. It starts from the latest annual revenue in SEC filings. By default, growth is trailing revenue growth (held between 3% and 45% a year), the net margin is the latest one (held between 3% and 50%, so a loss-making company is modeled with a small profit), and the Base case P/E runs from 60% to 100% of today's. Carrying recent growth forward five years can miss badly in either direction. Outputs are only as good as the assumptions.
Bull Case
The case for AR:
- Revenue is growing 28.8% a year, a sign of real demand.
- High net margins (16.4%) point to pricing power or efficiency.
- Healthy free-cash-flow yield (~15.7%) funds buybacks and dividends.
- A conservative balance sheet (debt/equity 0.2x) lowers risk.
- Our model's overall read is Strong (81/100).
Bear Case
The case against AR:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
Investment Thesis
On balance, the fundamentals screen favourably: Antero Resources Corp is a large-cap energy business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 11.4x earnings, which our model scores Strong (81/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Latest SEC Filings
AR's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen. How to read a 10-K
In the Idea Lab
AR — frequently asked questions
Is AR a good stock to buy?
We don't give buy or sell advice. Our model rates Antero Resources Corp Strong (81/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is AR's rating on The Stocks School?
Antero Resources Corp currently scores 81/100 (Strong) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does AR's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Antero Resources Corp's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for AR calculated?
It's a scenario model. It starts from the latest annual revenue and net margin in SEC filings, grows revenue at an assumed rate (trailing revenue growth by default), and applies a P/E range built around today's multiple to show the resulting share-price range. When a stock has no growth or P/E data, the starting values are placeholders. It's a tool for thinking, not a prediction.
Is this AR analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell AR. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.