Antero Fundamentals

AR
 Stock
  

USD 36.55  0.38  1.03%   

Antero Resources Corp fundamentals help investors to digest information that contributes to Antero Resources' financial success or failures. It also enables traders to predict the movement of Antero Stock. The fundamental analysis module provides a way to measure Antero Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Antero Resources stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Antero Resources Research and Development Expense is relatively stable at the moment as compared to the past year. Antero Resources reported last year Research and Development Expense of 6.57 Million.

Antero Working Capital Analysis

Antero Resources' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Antero Resources Working Capital

(1.42 Billion)

Working Capital 
 = 
Current Assets 
Current Liabilities 
More About Working Capital | All Equity Analysis

Current Antero Resources Working Capital

    
  540.97 M  
Most of Antero Resources' fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Antero Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Antero Working Capital Historical Pattern

Today, most investors in Antero Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Antero Resources' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's working capital growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Antero Resources working capital as a starting point in their analysis.
   Antero Resources Working Capital   
Share
       Timeline  
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Compare to competition

Antero Capital Expenditure

Capital Expenditure

(772.46 Million)

Antero Resources Capital Expenditure is relatively stable at the moment as compared to the past year. Antero Resources reported last year Capital Expenditure of (715.94 Million)
In accordance with the company's disclosures, Antero Resources Corp has a Working Capital of 540.97 M. This is 284.96% lower than that of the Oil, Gas & Consumable Fuels sector and 56.47% lower than that of the Energy industry. The working capital for all United States stocks is 63.4% higher than that of the company.

Antero Resources Corp Fundamental Drivers 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 rated below average in book value per share category among related companies. It is rated below average in revenue category among related companies totaling about  282,600,117  of Revenue per Book Value Per Share. Antero Resources Book Value per Share is relatively stable at the moment as compared to the past year. Antero Resources reported last year Book Value per Share of 18.68. 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 Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Antero Resources' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Antero Resources could also be used in its relative valuation, which is a method of valuing Antero Resources by comparing valuation metrics of similar companies.
Antero Resources is rated below average in short ratio category among related companies.

Antero Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Antero Resources from analyzing Antero Resources' financial statements. These drivers represent accounts that assess Antero Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Antero Resources' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee1.04 M(638.07 K)(621.81 K)(2.42 M)(360.11 K)(388.54 K)
Revenue Per Employee6.16 M6.64 M8.06 M6.67 M8.9 M7.37 M
Average Assets15.11 B15.61 B16.48 B13.69 B13.3 B13.91 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA748.59 M80.91 M12.08 M(1.39 B)(115.4 M)(118.44 M)
Earnings Before Interest Taxes and Depreciation Amortization USD1.42 B735.65 M732.5 M(600.22 M)666.72 M672.12 M
Earnings before Tax320.02 M(526.37 M)(414.24 M)(1.67 B)(260.98 M)(267.84 M)
Average Equity7.78 B7.95 B7.76 B6.04 B5.47 B6.07 B
Enterprise Value10.49 B8.48 B7.39 B7.29 B12.22 B11.24 B
Free Cash Flow(210.46 M)(128.6 M)(318.7 M)(138.72 M)944.18 M1.02 B
Invested Capital19.3 B20.13 B20.51 B17.65 B17.66 B17.93 B
Invested Capital Average19.23 B20.08 B21.79 B18.58 B17.12 B17.94 B
Market Capitalization6 B2.98 B867.17 M1.46 B5.49 B5.58 B
Tangible Asset Value15.26 B15.52 B15.2 B13.15 B13.9 B14 B
Working Capital70.99 M(46.93 M)(117.25 M)(408.92 M)(1.38 B)(1.42 B)

Antero Resources ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Antero Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Antero Resources' managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Antero Fundamentals

About Antero Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Antero Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Antero Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Antero Resources Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Deferred Revenue156 M157.3 M
Cost of Revenue2.8 BB
Revenues4.6 BB
Revenue to Assets 0.33  0.27 
Revenue Per Employee8.9 M7.4 M

Antero Resources Investors Sentiment

The influence of Antero Resources' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Antero. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Antero Resources' public news can be used to forecast risks associated with investment in Antero. The trend in average sentiment can be used to explain how an investor holding Antero can time the market purely based on public headlines and social activities around Antero Resources Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Antero Resources' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Antero Resources' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Antero Resources' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Antero Resources.

Antero Resources Implied Volatility

    
  56.78  
Antero Resources' implied volatility exposes the market's sentiment of Antero Resources Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Antero Resources' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Antero Resources stock will not fluctuate a lot when Antero Resources' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Antero Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Antero Resources' short interest history, or implied volatility extrapolated from Antero Resources options trading.

Pair Trading with Antero Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Antero Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Antero Resources will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Antero Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Antero Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Antero Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Antero Resources Corp to buy it.
The correlation of Antero Resources is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Antero Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Antero Resources Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Antero Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Antero Resources Piotroski F Score and Antero Resources Altman Z Score analysis. You can also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for analysis

When running Antero Resources Corp price analysis, check to measure Antero Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Antero Resources is operating at the current time. Most of Antero Resources' value examination focuses on studying past and present price action to predict the probability of Antero Resources' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Antero Resources' price. Additionally, you may evaluate how the addition of Antero Resources to your portfolios can decrease your overall portfolio volatility.
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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
11.53
Market Capitalization
11 B
Quarterly Revenue Growth YOY
0.46
Return On Assets
0.13
Return On Equity
0.38
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.