Stocks · Energy · Oil & Gas Exploration & Production

Antero Resources Corporation AR

$34.08 +0.15% Close, Oct 2, 2026 · NYSE · Market cap $10.48B

Inexpensive vs sector

Next earnings report: Oct 28, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $3.48, up 150.4% year over year.
  2. Operating margin widened to 21.0% from 11.6% a year earlier.
  3. Revenue over the last four quarters was $5.62B, up 18.8% from a year earlier, slowing from 23.1% a quarter earlier.

PromtFinance scores

Each score is a percentile within the Energy sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth43Weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 31%
  • EPS growth (TTM, YoY)Top 15%
  • FCF growth (TTM, YoY)Bottom 47%
  • Revenue growth, 3-year CAGRBottom 14%
  • Revenue growth accelerationBottom 17%
Quality49Neutral

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalBottom 48%
  • Gross marginBottom 42%
  • Operating marginTop 34%
  • Cash conversion (OCF / net income)Bottom 43%
  • Accruals (lower is better)Bottom 39%
  • Net debt / EBITDA (lower is better)Bottom 41%
  • Interest coverTop 19%
Value95Exceptional

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 17%
  • Free-cash-flow yieldTop 9%
  • EBITDA / enterprise valueTop 25%
  • Sales / enterprise valueBottom 43%
  • P/E vs own 5-year history (lower is better)Top 12%
Momentum32Weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 37%
  • 6-month returnBottom 31%
  • 1-year return vs S&P 500Bottom 28%
  • Distance from 52-week highBottom 42%
  • Trend checklist (0–4)Bottom 45%
Revisions44Weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 28%
  • Consecutive EPS beatsBottom 20%
  • Share of analysts rating BuyTop 30%
  • Upside to consensus price targetTop 23%
Stability78Positive

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 43%
  • Maximum drawdown, 3 yearsTop 25%
  • Beta vs S&P 500 (lower is better)Top 11%
  • Net debt / EBITDA (lower is better)Bottom 41%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)23.1%18.8%↓
EPS growth (YoY)388.9%150.4%↓
Gross margin17.5%26.0%↑
Operating margin11.6%21.0%↑
FCF margin28.6%25.1%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)18.8%23.1%↓Top 31%
EPS growth (TTM, YoY)150.4%388.9%↓Top 15%
Gross margin26.0%17.5%↑Bottom 42%
Operating margin21.0%11.6%↑Top 34%
Net margin19.3%9.2%↑—
Free-cash-flow margin25.1%28.6%↓—
Return on invested capital6.4%—Bottom 48%
Revenue growth, 3-year CAGR-15.5%—Bottom 14%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
1.83×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-5.9%
Stock-based compensation / revenueA cost to shareholders through dilution.
1.0%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-112.5 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
1.93×
Interest cover (operating income / interest)How many times operating profit covers interest.
10.3×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.90%
Net buyback yield (TTM)
0.85%
Shareholder yield
1.75%
Share count change, 1 year
-0.8%
Share count change, 3-year CAGR
+1.2%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 29, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
0
Beats in the last 8 reports
1 of 8
Average EPS surprise, last 4
-14.8%
Average 2-day reaction, last 8
+0.7%
Positive 20 days after report
5 of 8

Analysts

Consensus price target
$51.00
Target vs current price
+49.6%
Analysts with a rating
50
Share rating Buy or Strong Buy
68%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 29, 2026-9.0%+3.7%+5.3%+12.0%—
Apr 29, 2026-1.7%+1.2%+1.5%-8.9%-8.5%
Feb 11, 2026-16.5%+4.1%+0.1%+17.4%+7.6%
Oct 29, 2025-31.8%-0.8%+3.3%+6.6%+11.1%
Jul 30, 2025-16.5%+0.3%-1.3%-7.7%-4.9%
Apr 30, 2025-6.5%-3.7%-1.9%+7.7%-10.1%
Feb 12, 2025+45.0%-1.6%+0.8%-10.0%-6.6%
Oct 30, 2024-172.7%+2.3%-3.3%+19.9%+34.9%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 29, 2026$0.76$0.84-9.0%$1.56B
Apr 29, 2026$1.15$1.17-1.7%$1.95B
Feb 11, 2026$0.42$0.50-16.5%$1.41B
Oct 29, 2025$0.15$0.22-31.8%$1.17B
Jul 30, 2025$0.35$0.42-16.5%$1.20B
Apr 30, 2025$0.78$0.83-6.5%$1.35B
Feb 12, 2025$0.58$0.40+45.0%$1.23B
Oct 30, 2024-$0.12-$0.04-172.7%$1.06B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)9.8×16.1×25thTop 17%
P/E (forward)7.9×———
EV / EBITDA6.3×——Top 25%
EV / Sales2.69×——Bottom 43%
Free-cash-flow yield13.46%——Top 9%
Earnings yield10.21%——Top 17%

P/E over the past five years

Range 3.1× – 55.3× since Jun 30, 2022. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
-2.6%
Earnings per share growth (TTM)
+150.4%
Change in P/E multiple
-58.5%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
+1.9%
200-day average slope (20 days)
+0.2%
Distance from 50-day average
-6.9%
Distance from 200-day average
-6.2%
RSI (14)
38.6
Relative volume
1.10×

Risk and drawdowns

Volatility, 60 days (annualized)
36.9%
Volatility vs own 5-year history
17th percentile · Low for this stock
Beta vs S&P 500 (2 years, weekly)
0.07
Correlation with S&P 500
0.03
Current drawdown from 1-year high
-24.5%
Maximum drawdown, 3 years
-33.2%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jun 7, 2022May 4, 2023-58.4%228 daysNot yet recovered
Oct 25, 2021Dec 1, 2021-26.1%26 days43 days (Feb 2, 2022)
Jul 9, 2021Aug 19, 2021-25.2%29 days10 days (Sep 2, 2021)
Oct 22, 2020Nov 6, 2020-18.6%11 days7 days (Nov 17, 2020)
Apr 1, 2021Apr 13, 2021-17.5%7 days19 days (May 10, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$10.48B
P/E (TTM)
9.8
EPS, diluted (TTM)
$3.48
Revenue (TTM)
$5.62B
52-week range
$29.10 – $45.75
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$5.79B$8.30B$4.28B$4.12B$5.01B
Gross profit$2.26B$4.59B$612.5M$327.3M$1.11B
Operating income$23.9M$2.54B$396.2M$52.5M$829.7M
Net income-$186.9M$1.87B$198.4M$57.2M$634.4M
EPS (diluted)-$0.61$5.69$0.64$0.18$2.03
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$983.6M$1.15B$1.39B$1.20B$1.13B$1.28B$1.86B$1.34B
Net income-$35.3M$107.0M$208.0M$156.6M$76.2M$193.7M$535.2M$278.7M
EPS (diluted)-$0.11$0.34$0.66$0.50$0.24$0.62$1.72$0.90
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$1.66B$3.05B$994.7M$849.3M$1.63B
Capital expenditure-$114.8M-$163.3M-$167.5M-$101.9M-$387.8M
Free cash flow$1.55B$2.89B$827.2M$747.4M$1.24B
Dividends paid$0$0$0$0$0
Net share buybacks-$13.3M-$873.7M-$75.4M-$29.6M-$136.4M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$0
Total assets
$15.23B
Total liabilities
$6.92B
Total debt
$4.62B
Net debt
$4.62B
Shareholders’ equity
$8.32B

As of Jun 30, 2026 (filed Jul 29, 2026).

Dividends

Ex-dateAmountPaid
May 1, 2017$0.30—
May 9, 2016$0.24—
Nov 6, 2015$0.21—
May 11, 2015$0.18—
Feb 11, 2015$0.09—

Short interest

Shares sold short
13,144,085
Days to cover
3.98
Change vs previous report
-7.3%

FINRA short interest, settlement date Sep 15, 2026.