Citigroup has upgraded Antero Resources Corp (AR) from Neutral to Buy as of September 22, 2025. The stock is currently priced at $32.97.
This move underscores a more optimistic outlook on Antero's prospects, suggesting improved fundamentals and stronger business performance. The company, headquartered in Denver, Colorado, focuses on the exploration, development, and production of natural gas, NGLs, and oil, primarily in the Appalachian Basin across West Virginia and Ohio. With a market capitalization of $10.8 billion and a P/E ratio of 19.76, Antero is well-positioned in the energy sector.
Upcoming earnings are set for July 28, 2026, with an estimated EPS of $0.57 and projected revenue of $1.3 billion. Analysts have been mixed in their recent ratings, with a consensus of 10 Strong Buy, 13 Buy, and 6 Hold as of November 1, 2025. While Citigroup's upgrade reflects a positive sentiment, it’s important for investors to consider multiple factors, including competitive positioning and industry trends, when evaluating such analyst opinions.
Analyst ratings can vary and may change as new information becomes available, highlighting the importance of using these insights as one of many inputs in investment decisions.