Zacks Investment Research·2 days ago
3 Natural Gas Stocks Built for America's Energy Power ShiftLNG, AR and GPOR offer three angles on rising natural gas demand as electricity use, grid reliability needs and LNG exports reshape U.S. energy.
Antero Resources Corporation(AR)Earnings, Financials & Key Ratios
AR•NYSE
$35.24
17.4× P/E·Price updated Jul 7, 2026
AboutAntero 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. As of December 31, 2021, it had approximately 502,000 net acres in the Appalachian Basin; and 174,000 net acres in the Upper Devonian Shale. The company also owned and operated 494 miles of gas gathering pipelines in the Appalachian Basin; and 21 compressor stations. It had estimated proved reserves of 17.7 trillion cubic feet of natural gas equivalent, including 10.2 trillion cubic feet of natural gas; 718 million barrels of assumed recovered ethane; 501 million barrels of primarily propane, isobutane, normal butane, and natural gasoline; and 36 million barrels of oil. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was founded in 2002 and is headquartered in Denver, Colorado.Show more
- Revenue$5.01B+21.7%
- EBITDA$1.58B+106.6%
- Net Income$634M+1008.6%
- EPS (Diluted)2.03+1027.8%
- Gross Margin22.1%+178.1%
- EBITDA Margin31.58%+69.7%
- Operating Margin16.55%+147658.9%
- Net Margin12.65%+810.7%
- ROE8.5%+965.5%
AR Price & Volume
Antero Resources Corporation (AR) stock price & volume — 10-year historical chart
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Accelerating Revenue Growth Amidst Capital Expenditure Surge
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Commodity price volatility exposure
Key Thesis Takeaways
- Antero Resources demonstrates significant operational momentum with 33.8% revenue growth in 2026Q1, supported by a disciplined expansion of gross margins to 39.8%.
- While the company has successfully grown retained earnings to $2.2B, investors should monitor the recent spike in capital intensity, where the CapEx to revenue ratio reached 151.6% in 2026Q1.
- This aggressive investment phase, combined with a thin current ratio of 0.40, warrants caution regarding short-term liquidity and the sustainability of current cash flow conversion.
Verdict Logic
while the company shows strong top-line growth and margin expansion, the 2026Q1 FCF margin of -105.5% and a low current ratio of 0.40 suggest significant near-term liquidity and capital allocation risks.
AR Growth Metrics
Antero Resources Corporation (AR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years13.81%
5 Years10.21%
3 Years-15.47%
TTM23.13%
Profit CAGR
10 Years-3.87%
5 Years-
3 Years-30.28%
TTM347.89%
EPS CAGR
10 Years-5.11%
5 Years-
3 Years-29.08%
TTM356.77%
Return on Capital
10 Years1.57%
5 Years6.26%
3 Years3.36%
Last Year6.81%
AR Recent Earnings
Antero Resources Corporation (AR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
Apr 29, 2026Metric
Actual
Est
EPS
$1.15-1.7%
$1.17
Rev
$1.9B+16.8%
$1.7B
Q1 2026
Feb 11, 2026Metric
Actual
Est
EPS
$0.42-16.5%
$0.50
Rev
$1.4B+7.9%
$1.3B
Q4 2025
Oct 29, 2025Metric
Actual
Est
EPS
$0.15-31.8%
$0.22
Rev
$1.2B-16.8%
$1.4B
Q3 2025
Jul 30, 2025Metric
Actual
Est
EPS
$0.35-16.5%
$0.42
Rev
$1.2B-3.1%
$1.2B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $1.15vs $1.17-1.7% | $1.9Bvs $1.7B+16.8% |
| Q1 2026 | Feb 11, 2026 | $0.42vs $0.50-16.5% | $1.4Bvs $1.3B+7.9% |
| Q4 2025 | Oct 29, 2025 | $0.15vs $0.22-31.8% | $1.2Bvs $1.4B-16.8% |
| Q3 2025 | Jul 30, 2025 | $0.35vs $0.42-16.5% | $1.2Bvs $1.2B-3.1% |
Based on last 12 quarters of dataView full earnings history →
Latest AR News
Recent stock market news and headlines for Antero Resources Corporation (AR)
GuruFocus·Jun 24, 2026
The Hackett Group® Announces Winners of the 2026 Hackett Innovation Awards[url="]The Hackett Group, Inc. (NASDAQ: HCKT)[/url], an ROI-led AI transformation firm, today announced the winners of its annual [url="]Hackett Innovation Awa
GuruFocus·Jun 23, 2026
Kopin Expands U.S. Operations With New Optics & Photonics Design Center in Dallas, TexasKopin Corporation (NASDAQ: KOPN) a leading provider of application-specific optical systems and high-performance microdisplays for defense, training, enterpris
Seeking Alpha·Jun 20, 2026
My Top Energy Stocks For 2026 Mid Year UpdateGeopolitical instability, particularly the unresolved Iranian situation, is driving higher and more volatile oil and gas prices for the foreseeable future. Comstock Resources (CRK), Antero Resources (AR), Exxon Mobil (XOM), Crescent Energy, Vaalco Energy (EGY), and Meren Energy (MRNFF) are highlighted as strong buy or long-term opportunities. XOM's Guyana expansion could contribute up to 10% of company production by 2030.
GuruFocus·Jun 16, 2026
Perfect Corp. Launches Industry's Most Comprehensive AI Hair & Beard API Suite, Combining Virtual Try-On with Intelligent Hair Analysis[url="]Perfect Corp.[/url] (NYSE: PERF), the global leader in AI and augmented reality (AR) beauty technology, today announced the expansion of its YouCam API
Peers Comparison
Key metrics vs top competitors for Antero Resources Corporation (AR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $35.24 | $10.92B | 17.36 | 21.73% | 12.65% | 8.5% | — | |
| $51.76 | $32.37B | 15.64 | 73.74% | 33.4% | 12.41% | — | |
| $37.85 | $8.92B | 13.81 | 27.56% | 28.41% | 20.93% | — | |
| $33.25 | $4.72B | 8.35 | 59.19% | 50.85% | 27.46% | — | |
| $32.56 | $24.72B | 14.47 | -49.62% | 25.71% | 11.26% | — | |
| $22.71 | $10.79B | 26.41 | 6.99% | 31.94% | 20.38% | — |
Compare AR vs Peers
Antero Resources Corporation (AR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AR SEC Filings & Documents
Antero Resources Corporation (AR) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Apr 29, 2026·SEC
Material company update
Mar 3, 2026·SEC
Material company update
Feb 23, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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AR Frequently Asked Questions
Antero Resources Corporation (AR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Antero Resources Corporation's revenue?
Antero Resources Corporation (AR) reported $5.48B in revenue for fiscal year 2025. This represents a 2708% increase from $195.3M in 2011.
How fast is Antero Resources Corporation growing?
Antero Resources Corporation (AR) grew revenue by 21.7% over the past year. This is strong growth.
Is AR profitable?
Yes, Antero Resources Corporation (AR) is profitable, generating $961.7M in net income for fiscal year 2025 (12.7% net margin).
Dividend & Returns
What is AR's return on equity?
Antero Resources Corporation (AR) has a return on equity (ROE) of 8.5%. This is below average, suggesting room for improvement.
What is Antero Resources Corporation's free cash flow?
Antero Resources Corporation (AR) had negative free cash flow of $1.02B in fiscal year 2025, likely due to heavy capital investments.