Antero Resources Co. (NYSE:AR) Shares Purchased by Nokomis Capital L.L.C.

Nokomis Capital L.L.C. raised its stake in Antero Resources Co. (NYSE:AR) by 33.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 166,900 shares of the oil and natural gas company’s stock after buying an additional 42,145 shares during the period. Antero Resources makes up about 2.1% of Nokomis Capital L.L.C.’s investment portfolio, making the stock its 18th largest holding. Nokomis Capital L.L.C. owned approximately 0.05% of Antero Resources worth $5,850,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Lighthouse Investment Partners LLC acquired a new position in shares of Antero Resources in the 4th quarter worth $2,103,000. Lloyd Harbor Capital Management LLC purchased a new position in Antero Resources in the 4th quarter worth about $7,711,000. Janus Henderson Group PLC raised its holdings in Antero Resources by 19.4% during the 4th quarter. Janus Henderson Group PLC now owns 378,376 shares of the oil and natural gas company’s stock worth $13,257,000 after buying an additional 61,459 shares during the period. Goodlander Investment Management LLC acquired a new stake in Antero Resources during the 4th quarter worth about $14,020,000. Finally, Focus Partners Wealth lifted its stake in Antero Resources by 8.4% during the fourth quarter. Focus Partners Wealth now owns 16,752 shares of the oil and natural gas company’s stock valued at $587,000 after buying an additional 1,291 shares in the last quarter. Institutional investors and hedge funds own 83.04% of the company’s stock.

Analysts Set New Price Targets

AR has been the topic of several analyst reports. Williams Trading set a $48.00 target price on shares of Antero Resources in a research report on Wednesday, March 5th. JPMorgan Chase & Co. boosted their target price on shares of Antero Resources from $45.00 to $47.00 and gave the company an “overweight” rating in a research note on Thursday, March 13th. StockNews.com raised Antero Resources to a “sell” rating in a research report on Thursday, February 13th. The Goldman Sachs Group upped their price target on Antero Resources from $39.00 to $44.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Finally, TD Cowen upgraded Antero Resources from a “hold” rating to a “buy” rating and raised their price objective for the stock from $40.00 to $46.00 in a research report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $42.72.

Antero Resources Trading Up 4.2%

NYSE:AR opened at $41.04 on Wednesday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.21. The company’s 50 day moving average is $36.55 and its 200-day moving average is $35.34. The firm has a market cap of $12.74 billion, a price-to-earnings ratio of 128.25 and a beta of 0.66. Antero Resources Co. has a 12 month low of $24.53 and a 12 month high of $42.63.

Antero Resources (NYSE:AR) last released its quarterly earnings results on Wednesday, April 30th. The oil and natural gas company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.10. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.28 billion. Antero Resources had a net margin of 2.31% and a return on equity of 0.74%. The business’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.12 earnings per share. Equities analysts anticipate that Antero Resources Co. will post 2.74 EPS for the current year.

Insider Activity at Antero Resources

In other news, Director W Howard Keenan, Jr. sold 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $39.76, for a total transaction of $7,952,000.00. Following the completion of the transaction, the director now directly owns 1,800,000 shares in the company, valued at $71,568,000. The trade was a 10.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.70% of the stock is owned by corporate insiders.

Antero Resources Profile

Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream.