Alert: Negative Investment/Fundamental Signals (1/11/24)-Antero Resources Corporation (NYSE: AR)

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Antero Resources Corporation (NYSE: AR) has recently experienced extremely important negative changes in investment behavior: its longer term price trend turned down, and negative upside/downside volume developed.

Important negative changes in fundamentals have recently occurred for Antero Resources Corporation (NYSE: AR): the consensus estimate for December, 2023 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, AR is expected to continue to be a Value Builder.

Antero Resources has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Antero Resources has a slightly positive Power Rating of 68 and a good Appreciation Score of 84, and the Highest Value Trend Rating results.

Recent Price Action

Antero Resources Corporation (NYSE: AR) stock closed at $22.75 on 1/11/24 after a slight decline of -0.6%. Trading volume in this decline was normal. The stock is unchanged during the last week but has been strong relative to the market over the last nine months.

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