NYSE: AR

Antero Resources (AR) Stock Analysis & Forecast

Sep 28 close

$34.34−0.66 (−1.9%)

Gekko Brief

AI summary

Antero Resources draws attention this week around ongoing FERC pipeline proceedings, including a motion to intervene in Tennessee Gas Pipeline Company's Kentucky River HDD Replacement Project, alongside continued analyst commentary on valuation and earnings outlook. Coverage notes a raised Q3 EPS view from at least one analyst, a "Moderate Buy" consensus, and separate commentary tying Antero, along with Williams and Kinder Morgan, to natural gas demand growth from data center buildout. Reports also flag a sequential decline in Q2 revenue and net income even as fair value estimates near $49.35 and $49.06 are cited by outside analysts.

AR closes at $34.34, down 1.9%, with the stock sitting between its 50-day average of $36.65 and 200-day average of $36.36. Shares are down 10.9% over one month and 23.9% over six months, though roughly flat over the past year at 0.9%. The GekkoIndex reads 67.9, placing the stock in the Accumulation zone, while price sits 28.4% below Gekko Fair Value of $47.95.

Earnings are scheduled for 28 October, 29 days out and beyond a typical 20-day holding window; the prior quarter saw EPS of $0.76 against an $0.84 estimate, with a 4.2% reaction. Analyst coverage spans 15 firms, with 11 at buy and 4 at hold, and a consensus target of $50.1. Seasonality over five years shows an average 20-day return of 6.7%, positive in 3 of those years. No insider, Congress, or unusual options activity appears in the current window.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Antero Resources price vs fair value

$47.95$34.34Sep ’25Mar ’26Sep ’26
Close $34.34200-day averageGekko Fair Value $47.95

Antero Resources quick facts

Market cap
$10.56B
P/E ratio
10.2
Forward P/E
8.7
EPS, TTM
$3.49
Revenue, TTM
$5.78B
Profit margin
18.8%
Dividend yield
—
Beta
0.35
Volume
4.18M avg 4.16M
1-year return
+0.9%
Typical daily move
±3.8%
Typical 20-day move
±8.6%
50-day average
$36.65
200-day average
$36.36
Next earnings
Oct 28
Shares outstanding
307.4M
52-week range
$29.10$45.75

Antero Resources swing-trade checklist

Antero Resources scores 4 supportive, 1 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $34.34 sits between the 50-day ($36.65) and 200-day ($36.36) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    67.9, Accumulation

    Reading 67.9 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    28.4% below

    Price is 28.4% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 29 days

    Next report Oct 28, 2026, 29 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +6.7% on average

    From this point in the calendar, the next 20 trading days averaged +6.7% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Antero Resources stock chart and price history

Antero Resources closed at $34.34 on Sep 28, 2026, +0.9% over the past year, inside a 52-week range of $29.10 to $45.75.

Close50-day average200-day averageVolume
Antero Resources share price, past year, with 50-day and 200-day moving averages and volume$30$40$45NovDecJan 2026FebMarAprMayJunJulAugSep34.34

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−10.9%
3 months
−0.3%
6 months
−23.9%
1 year
+0.9%
The full AR chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open AR in Gekko

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About Antero Resources

Antero Resources works as an independent energy company that searches for, acquires, develops, and produces natural gas, natural gas liquids, and crude oil across the United States. It is particularly known for its extensive land holdings in the Appalachian Basin, including further acreage in the Upper Devonian Shale, along with the gas gathering pipelines and compressor stations it operates to support production in that region.

The company's business centers on extracting hydrocarbons from its acreage and estimates its proven reserves in the trillions of cubic feet of natural gas equivalent, alongside sizable volumes of ethane, other natural gas liquids such as propane and butane, and crude oil. This resource base underpins its role as a producer serving energy markets that depend on natural gas and related liquids.

Antero Resources traces its history to 2002, when it was founded as Antero Resources Appalachian Corporation before taking its present name in June 2013. The company is headquartered in Denver, Colorado, and its shares are listed on the NYSE under the ticker AR.

Listed
NYSE
Sector
Energy minerals
Industry
Oil & gas production
Website
anteroresources.com

Antero Resources GekkoIndex: the smart money zone

Antero Resources’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 67.9, in the Accumulation zone, down 7.1 points over five sessions.

010067.9Accumulation

Down 7.1 points over five sessions, from the Buying zone.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying26+3.1%+3.4%+0.4%+8.5%
Accumulation (current zone)221+1.0%+1.6%+3.3%+8.0%
Neutral373+0.1%+0.9%+1.7%+1.4%
Distribution50+0.1%−1.5%+2.2%+10.7%
Selling2Too few readings yet

Average AR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the AR price, zone by zone.Track AR in Gekko

Is Antero Resources stock overvalued? Gekko Fair Value

Antero Resources trades 28.4% below Gekko Fair Value of $47.95, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Antero Resources shares are worth, recalculated every trading day.

$47.95

Gekko Fair Value, Sep 24, 2026

28.4% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open AR in Gekko

Antero Resources insider and Congress trading

No open-market insider purchases were filed for Antero Resources, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for AR in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every AR insider filing, plotted on the chart in Gekko.Open AR in Gekko

Congress trades last 90 days

No trades in AR were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for AR, plotted on the chart in Gekko.Open AR in Gekko

Buybacks

Antero Resources has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$3.16M
As a share of market cap
0.03%
Trailing four quarters
$89.33M

From company filings.

Hedge funds and billionaires quarter ended Jun 30

3of the funds Gekko tracks hold AR.

1added2opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Antero Resources earnings: next date and track record

Antero Resources reports on Oct 28, 2026 (29 days away), and beat the EPS estimate in 1 of its last 8 reports.

1 of 8reports beat the EPS estimate
±3.3%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−6.2%Oct ’24+0.3%Feb ’25−4.2%Apr ’25+3.6%Jul ’25−5.8%Oct ’250.0%Feb ’26+1.8%Apr ’26+4.2%Jul ’26

Last earnings call, Jul 29, 2026 AI summary

What they said
Antero Resources reported Q2 2026 adjusted EBITDA up 57% year-over-year despite Henry Hub natural gas prices declining 16%, driven by increased scale, product diversity, and lower cash operating costs. The company announced a cost reduction initiative targeting a 25%+ decline in cash costs to $2/Mcfe by year-end 2028. Key margin improvements include $60M annualized cash flow from dissolved Martica entity (effective Q3 2026), $30M from VPP expiry in 2027, and $210M from optimizing liquids and natural gas firm transport portfolios.
Guidance
Antero targets $300M in annual margin improvements by 2028 through cost reductions and portfolio optimization. Cash costs forecast to decline over 25% to $2/Mcfe by year-end 2028, partially offset by $0.35/Mcfe lower realizations from increased in-basin sales. Management is selectively pursuing regional power and LNG demand deals on a risk-adjusted, accretive basis.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 29, 2026$0.76
est $0.84
−9.0%$1.56B
est $1.53B
+2.3%+4.2%
Apr 29, 2026$1.15
est $1.17
−1.7%$1.95B
est $1.67B
+16.8%+1.8%
Feb 11, 2026$0.42
est $0.50
−16.5%$1.41B
est $1.31B
+7.9%0.0%
Oct 29, 2025$0.15
est $0.22
−31.8%$1.17B
est $1.41B
−16.8%−5.8%
Jul 30, 2025$0.35
est $0.42
−16.5%$1.20B
est $1.24B
−3.1%+3.6%
Apr 30, 2025$0.78
est $0.83
−6.5%$1.35B
est $1.40B
−3.2%−4.2%
Feb 12, 2025$0.58
est $0.40
+45.0%$1.23B
est $1.17B
+4.5%+0.3%
Oct 30, 2024−$0.07
est −$0.04
−75.0%$1.06B
est $1.17B
−10.0%−6.2%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Antero Resources stock forecast and analyst price targets

Analysts’ average 12-month price target for Antero Resources is $50.10, +45.9% from the last close, from 15 firms rating the stock in the last 90 days.

$50.10consensus 12-month target, +45.9% from the last close
Low $37High $58
Buy11
Hold4
Sell0

Each firm’s latest rating in the last 90 days: 15 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 23Siebert Williams Shank & CoBuy, maintained$54+57.3%
Sep 14UBSBuy, maintained$58+68.9%
Sep 10Stifel NicolausHold, initiated$42+22.3%
Sep 9Stifel NicolausHold, initiated$42+22.3%
Sep 9Stifel NicolausHold, initiated$42+22.3%
+3.3%average 20-day move after past Accumulation readings
+6.7%average move over the next 20 trading days in the last 5 years
±3.8%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Antero Resources seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Antero Resources averaged +6.7% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+7.6%2021+18.0%2022+13.8%2023−4.3%2024−2.7%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+3.9%5 of 5
Next 10 trading days+5.9%4 of 5
Next 15 trading days+5.1%3 of 5
Next 20 trading days+6.7%3 of 5
Next 30 trading days+6.1%5 of 5

For scale, AR’s typical 20-trading-day move in either direction is about 8.6%.

Antero Resources market cap and key statistics

Antero Resources’s market cap is $10.56B, with a P/E ratio of 10.2 and revenue of $5.78B over the last twelve months.

Valuation

Market cap
$10.56B
P/E ratio
10.2
Forward P/E
8.7
EPS, TTM
$3.49
Gekko Fair Value
$47.95

Trading

Volume
4.18M
Avg volume, 20 days
4.16M
52-week high
$45.75
52-week low
$29.10
Shares outstanding
307.4M

Financials

Revenue, TTM
$5.78B
Profit margin
18.8%
Return on equity
14.2%
Quarterly earnings growth, YoY
+79.9%

Risk and income

Beta
0.35
Typical daily move
±3.8%
Typical 20-day move
±8.6%

Antero Resources peers

Antero Resources’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
COPConocoPhillips−2.6%Accumulation41.2% below
FANGDiamondback Energy−2.8%Accumulation6.0% above
RRCRange Resources−1.8%Accumulation7.3% below
SMSM Energy−2.7%Accumulation5.2% above
MGYMagnolia Oil & Gas−2.8%Accumulation30.8% below
MURMurphy Oil−1.2%Accumulation5.6% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Antero Resources stock FAQ

What is Antero Resources’s market cap?

Antero Resources’s market cap is $10.56B at the Sep 28, 2026 close of $34.34, with 307.4M shares outstanding. The shares trade on a P/E ratio of 10.2.

What is the Antero Resources stock forecast?

The consensus analyst 12-month price target for Antero Resources is $50.10, +45.9% from the last close. Of the 15 firms that rated the stock in the last 90 days, 11 rate it a buy, 4 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Antero Resources stock overvalued or undervalued?

On Gekko’s estimate Antero Resources is undervalued: the Sep 28, 2026 close of $34.34 is 28.4% below Gekko Fair Value of $47.95. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Antero Resources report earnings next?

Antero Resources is expected to report on Oct 28, 2026 (29 days away). Analysts expect earnings of $1.03 per share on revenue of $1.60B. Antero Resources beat the earnings estimate in 1 of its last 8 reports, moving 3.3% on average across the report.

What is Antero Resources’s 52-week high and low?

Antero Resources’s 52-week high is $45.75 and its 52-week low is $29.10; it closed at $34.34 on Sep 28, 2026, +0.9% over the past year. Over the last five years the shares peaked at $48.80 on Jun 8, 2022.

Is Antero Resources stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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