Antero Stock Financials


USD 40.26  0.05  0.12%   

Antero Resources Tangible Asset Value is relatively stable at the moment as compared to the past year. Antero Resources reported last year Tangible Asset Value of 13.9 Billion.
With this module, you can analyze Antero financials for your investing period. You should be able to track the changes in Antero Resources individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Antero Most Recent Estimates

Quarterly Earnings Growth YOY
EPS Estimate Next Quarter
Diluted Eps
EPS Estimate Current Year
EPS Estimate Next Year
EPS Estimate Current Quarter
Earnings Share


4.09 Billion

Understanding current and past Antero Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Antero Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Antero Resources' assets may result in an increase in income on the income statement.
The fundamental analysis of Antero Resources is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Antero Resources includes many different criteria found on its balance sheet. For example, investors should never minimize Antero Resources' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Antero Resources' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Antero Resources.

Antero Resources Corp Cash

Chance Of Financial Distress
Less than 42
Antero Resources Corp has less than 42 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Antero Resources stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Antero Resources' official financial statements usually reflect Antero Resources' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Antero Resources Corp. For example, before you start analyzing numbers published by Antero accountants, it's critical to develop an understanding of what Antero Resources' liquidity, profitability, and earnings quality are in the context of the Energy space in which it operates.
Please note, the presentation of Antero Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Antero Resources' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Antero Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Antero Resources Corp. Please utilize our Beneish M Score to check the likelihood of Antero Resources' management to manipulate its earnings.

Antero Resources Company Summary

Antero Resources competes with Alphabet. Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. Antero Resources Corporation was founded in 2002 and is headquartered in Denver, Colorado. Antero Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 519 people.
Energy, Oil & Gas E&P
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001433270
RegionNorth America
LocationColorado; U.S.A
Business Address1615 Wynkoop Street,
New SymbolAR1
IndustryOil & Gas E&P
Phone303 357 7310
CurrencyUSD - US Dollar
You should never invest in Antero Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Antero Stock, because this is throwing your money away. Analyzing the key information contained in Antero Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Antero Resources Key Financial Ratios

Generally speaking, Antero Resources' financial ratios allow both analysts and investors to convert raw data from Antero Resources' financial statements into concise, actionable information that can be used to evaluate the performance of Antero Resources over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Antero Resources Corp reports annually and quarterly.

Antero Resources Key Balance Sheet Accounts

201720182019202020212022 (projected)
Receivables34.9 M51.07 M46.42 M28.46 M79 M62.87 M
Accounts Payable62.98 M66.29 M112.38 M96.59 M101.06 M103.72 M
Total Assets15.26 B15.52 B15.2 B13.15 B13.9 B14 B
Current Assets833.09 M806.61 M922.88 M574.14 M686.12 M764.68 M
Assets Non Current14.43 B14.71 B14.27 B12.58 B13.21 B13.23 B
Total Debt4.83 B5.47 B6.35 B5.48 B5.83 B5.53 B
Debt Current28.48 M532 K6.72 M31.24 M559.85 M604.05 M
Debt Non Current4.8 B5.46 B6.35 B5.45 B5.27 B5.19 B
Shareholders Equity8.15 B7.67 B6.97 B5.77 B5.76 B6.09 B
Investments1.61 B1.04 B1.81 B407.5 M247.53 M254.04 M
Investments Current460.69 M245.26 M422.85 M105.13 M757 K776.92 K
Total Liabilities6.39 B7.03 B8.23 B7.06 B7.83 B7.43 B
Current Liabilities762.1 M853.54 M1.04 B983.05 M2.07 B2.23 B
Tax Liabilities779.64 M650.79 M781.99 M412.25 M318.13 M326.5 M

Antero Resources Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Antero Resources' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Direct Expenses1.65 B2.29 B2.97 B3.21 B3.61 B3.89 B
Consolidated Income785.14 M(45.7 M)(293.14 M)(1.26 B)(154.11 M)(158.16 M)
Cost of Revenue1.28 B1.6 B2.42 B2.74 B2.79 B3.01 B
Gross Profit2.38 B2.54 B1.99 B755.22 M1.83 B1.9 B
Interest Expense268.7 M286.74 M228.11 M199.87 M181.87 M207.4 M
Net Income615.07 M(397.52 M)(340.13 M)(1.27 B)(186.9 M)(191.82 M)
Operating Expenses1.64 B2.47 B2.98 B1.71 B1.8 B1.77 B
Operating Income740.09 M71.91 M(987.04 M)(953.45 M)23.86 M24.49 M
Revenues3.66 B4.14 B4.41 B3.49 B4.62 B4.09 B
Income Tax Expense(295.05 M)(128.86 M)(74.11 M)(397.48 M)(74.08 M)(76.03 M)

Antero Resources Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Antero Resources Corp. It measures of how well Antero is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Antero Resources brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Antero had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Antero Resources has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(2.22 B)(2.21 B)(1.42 B)(874.36 M)(715.94 M)(772.46 M)
Depreciation Amortization and Accretion827.22 M975.28 M918.63 M865.29 M745.83 M758.02 M
Net Cash Flow or Change in Cash and Cash Equivalents(222.51 M)8.14 M(3.17 M)(28.44 M)(25.6 M)(26.27 M)
Net Cash Flow Business Acquisitions and Disposals(235 M)(136.47 M)74.98 M215.79 M248.16 M267.75 M
Issuance Repayment of Debt Securities73.62 M658.21 M686.36 M(475.5 M)(888.78 M)(912.17 M)
Net Cash Flow from Financing452.17 M240.3 M557.56 M(205.58 M)(949.33 M)(974.31 M)
Net Cash Flow from Investing(2.46 B)(2.35 B)(1.04 B)(530.06 M)(710.78 M)(766.9 M)
Net Cash Flow from Operations2.01 B2.08 B1.1 B735.64 M1.66 B1.5 B
Share Based Compensation103.44 M70.41 M23.56 M23.32 M20.44 M20.97 M

Antero Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Antero Resources's current stock value. Our valuation model uses many indicators to compare Antero Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Antero Resources competition to find correlations between indicators driving Antero Resources's intrinsic value. More Info.
Antero Resources Corp is the top company in revenue category among related companies. It is number one stock in ebitda category among related companies totaling about  0.28  of EBITDA per Revenue. The ratio of Revenue to EBITDA for Antero Resources Corp is roughly  3.62 . Antero Resources Revenues is relatively stable at the moment as compared to the past year. Antero Resources reported last year Revenues of 4.62 Billion. Comparative valuation analysis is a catch-all model that can be used if you cannot value Antero Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Antero Resources' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Antero Resources' earnings, one of the primary drivers of an investment's value.

Antero Resources Corp Systematic Risk

Antero Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Antero Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-one with a total number of output elements of thirty. The Beta measures systematic risk based on how returns on Antero Resources Corp correlated with the market. If Beta is less than 0 Antero Resources generally moves in the opposite direction as compared to the market. If Antero Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Antero Resources Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Antero Resources is generally in the same direction as the market. If Beta > 1 Antero Resources moves generally in the same direction as, but more than the movement of the benchmark.

About Antero Resources Financials

What exactly are Antero Resources Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Antero Resources' income statement, its balance sheet, and the statement of cash flows. Potential Antero Resources investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Antero Resources investors may use each financial statement separately, they are all related. The changes in Antero Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Antero Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Antero Resources is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Antero grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Antero Resources Thematic Clasifications

Antero Resources Corp is part of Petroleum and Natural investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Petroleum and Natural industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Petroleum and Natural Idea
Petroleum and NaturalView
This theme covers USA Equities from Petroleum and Natural industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas

Antero Resources August 14, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Antero Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Antero Resources Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Antero Resources Corp based on widely used predictive technical indicators. In general, we focus on analyzing Antero Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Antero Resources's daily price indicators and compare them against related drivers.
Downside Deviation4.62
Information Ratio0.0748
Maximum Drawdown22.28
Value At Risk(6.88)
Potential Upside6.87
Please continue to Trending Equities. Note that the Antero Resources Corp information on this page should be used as a complementary analysis to other Antero Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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Is Antero Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Antero Resources. If investors know Antero will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Antero Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
Market Capitalization
12.3 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of Antero Resources Corp is measured differently than its book value, which is the value of Antero that is recorded on the company's balance sheet. Investors also form their own opinion of Antero Resources' value that differs from its market value or its book value, called intrinsic value, which is Antero Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Antero Resources' market value can be influenced by many factors that don't directly affect Antero Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Antero Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Antero Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antero Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.