ANTERO RESOURCES Corp
ANTERO RESOURCES Corp (AR) is listed on NYSE and classified in Oil & Gas E&P, part of the Energy sector. It is headquartered in Denver, United States and has 632 employees. The company is worth $12B and trades at 11.1x its earnings of the last twelve months; the median for its sector is 14.7x. Revenue was $5.28B in fiscal 2025, up 22.0% from the year before. Net income was $674.57M. The share price is 14.7% below its 52-week high of $45.75. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $267.54M. In that quarter, 5 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +120.1% over 5Y.
today you would have $1,945.14▲ +94.5%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 13 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $34.46 | $35.05 | $22.68 | $30.99 | $17.50 | $5.45 | $2.85 | $9.39 | $19.00 | $23.65 | $21.80 | $40.58 | $63.44 | |
| P/E | 15.8x | 17.0x | 194.7x | 35.4x | 5.4x | — | — | — |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Median P/E of 14.7 among peers in the sector.
Median P/E of 15.8 across this company’s own years on record.
Cash flow growing 5.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 8.2x operating profit, less net debt. Banks have no EBITDA.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Energy, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| DTMDT Midstream, Inc. | $123.40 | 27.2x | 2.6x | 2.85% | 9.90% | $12.59B |
| FROFrontline plc | $51.22 | 7.7x | 3.6x | 10.50% | 53.85% | $11.4B |
| SUNSunoco LP | $73.26 | 16.2x | 1.5x | 5.47% | 18.66% | $13.8B |
| RRCRange Resources Corp | $43.86 |
| — |
| 9.8x |
| — |
| 6.4x |
| 15.8x |
| — |
| P/S | 1.5x | 2.0x | 2.5x | 1.5x | 1.3x | 1.2x | 0.5x | 0.2x | 0.7x | 1.6x | 4.3x | 1.5x | 3.9x | 12.7x |
| P/B | 1.0x | 1.4x | 1.6x | 1.0x | 1.4x | 1.0x | 0.3x | 0.1x | 0.4x | 0.7x | 1.2x | 1.0x | 2.4x | 4.6x |
| EPS | $2.03 | $0.18 | $0.64 | $5.69 | -$0.61 | -$4.65 | -$1.11 | -$1.26 | $1.94 | -$2.88 | $3.43 | $2.57 | -$0.07 |
| Profit margin | 2.17% | 12.79% | 2.17% | 6.35% | 28.00% | -3.34% | -36.10% | -6.65% | -1.10% | 21.48% | -42.96% | 24.78% | 24.84% | -1.44% |
| ROE | 1.33% | 8.93% | 1.33% | 4.31% | 29.59% | -2.68% | -21.85% | -4.21% | -0.60% | 9.63% | -11.97% | 16.51% | 15.42% | -0.53% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 3 families.
Room for errors in the reported numbers.
+48.1% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 11.9x |
| 2.2x |
| 0.91% |
| 19.48% |
| $10.25B |
| AMAntero Midstream Corp | $20.61 | 24.8x | 5.0x | 4.37% | 19.82% | $9.78B |
| PBFPBF Energy Inc. | $79.25 | 7.2x | 1.5x | 1.39% | 23.23% | $9.39B |