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Antero Resources (AR) Gets a Buy from Siebert Williams Shank & Co

Tipranks - Tue Mar 24, 5:58AM CDT

In a report released on March 20, Gabriele Sorbara from Siebert Williams Shank & Co maintained a Buy rating on Antero Resources, with a price target of $50.00. The company’s shares closed last Friday at $43.09.

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Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and CNX Resources. According to TipRanks, Sorbara has an average return of 14.7% and a 65.08% success rate on recommended stocks.

In addition to Siebert Williams Shank & Co, Antero Resources also received a Buy from TipRanks – DeepSeek’s DeepSeek Oil and Gas Exploration and Production in a report issued today. However, on the same day, TipRanks – xAI reiterated a Hold rating on Antero Resources (NYSE: AR).

Based on Antero Resources’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.43 billion and a net profit of $193.68 million. In comparison, last year the company earned a revenue of $1.15 billion and had a net profit of $106.99 million

Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AR in relation to earlier this year. Earlier this month, Sheri Pearce, the SVP – Accounting and Chief Accounting Officer of AR sold 19,667.00 shares for a total of $749,902.71.

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