Antero Resources Corp AR (NYSE:AR) has been downgraded to Outperform in a statement by Evercore ISI earlier today.
- Updated: April 20, 2017
Having a price of $21.42, Antero Resources Corp AR (NYSE:AR) traded -0.09% lower on the day. With the last close down -14.05% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. AR has recorded a 50-day average of $23.22 and a two hundred day average of $24.86. Volume of trade was down over the average, with 2,810,820 shares of AR changing hands under the typical 3,291,960
Evercore ISI has downgraded Antero Resources Corp AR (NYSE:AR) to Outperform in a statement released on 4/20/2017.
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Antero Resources Corp AR has a 52 week low of $21.35 and a 52 week high of $30.66 The company’s market cap is currently $0.
In addition to Evercore ISI reporting its target price, a total of 28 firms have issued a report on the stock. The consensus target price is $29.67 with 4 firms rating the stock a strong buy, 9 firms rating the stock a buy, 14 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 1 firm rating the stock a sell.
General Information About Antero Resources Corp AR (NYSE:AR)
Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company's segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity. The Company's subsidiary, Antero Midstream Partners LP (Antero Midstream) is a master limited partnership, which owns, operates and develops midstream energy infrastructure primarily to service its production and completion activity. Its exploration and development activities are supported by the natural gas gathering and compression assets of its subsidiary, Antero Midstream, as well as by third party gathering and compression arrangements. It also has access to additional low-pressure and high-pressure pipelines.
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