Antero Resources is an exploration and production (E&P) firm whose operations represent a pure play in the Marcellus Shale, located in northern West Virginia. The company started in 2002 as an E&P focused on the Barnett Shale (Fort Worth, TX). Antero redefined itself in Appalachia's Marcellus Shale in 2005. In 2012, shortly before Antero's 2013 IPO, Antero Midstream Partners (now trading separately as NYS: AM) was formed to handle the company's rapidly growing gas volumes. In 2026, the firm narrowed its focus further by selling its Ohio Utica assets and using the proceeds to acquire additional Marcellus acreage from HG Energy. Just over half of its production and earning power is tied to natural gas, with the remainder mostly NGLs, where it holds a leading position, and some crude oil.
The chart shows the growth of an initial investment of $10,000 in ANTERO RESOURCES CORPORATION, comparing it to the performance of the S&P 500 index. All prices have been adjusted for splits and dividends.
Returns By Period
ANTERO RESOURCES CORPORATION (AR) has returned 18.27% so far this year and 25.39% over the past 12 months. Looking at the last ten years, AR has achieved an annualized return of 5.00%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
AR
1M5.06%
6M20.10%
YTD18.27%
1Y25.39%
5Y33.95%
10Y5.00%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of ANTERO RESOURCES CORPORATION (AR) with color gradation from worst to best to easily spot seasonal factors.
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2026
6.35%
8.91%
10.95%
-3.00%
2025
3.67%
-3.32%
8.30%
-13.68%
7.46%
3.87%
-12.78%
-7.37%
6.15%
-7.46%
15.47%
-4.70%
2024
-2.87%
14.32%
12.10%
15.33%
5.82%
-9.71%
-11.23%
-8.69%
8.11%
-7.31%
25.01%
8.55%
2023
-3.71%
-7.58%
-11.33%
-2.63%
-9.69%
13.34%
16.71%
4.97%
-9.65%
16.41%
-18.24%
-3.57%
2022
12.69%
18.38%
30.47%
15.90%
23.22%
-29.89%
27.54%
3.94%
-22.73%
19.80%
-1.22%
-16.81%
2021
24.60%
24.48%
10.27%
-13.10%
41.87%
13.01%
-11.40%
0.51%
37.30%
5.47%
-12.85%
-2.34%
2020
-35.76%
-14.44%
-57.57%
328.78%
2.05%
-15.33%
17.93%
4.21%
-13.79%
23.19%
13.95%
35.57%
2019
9.35%
-14.26%
0.57%
-18.72%
-9.75%
-16.21%
-17.68%
-31.53%
-3.82%
-17.22%
-21.03%
42.50%
2018
0.99%
-3.24%
4.80%
-3.50%
0.95%
11.26%
-2.88%
-8.68%
-4.68%
-10.98%
-17.27%
-30.39%
2017
2.18%
-2.60%
-6.52%
-7.10%
-2.88%
5.00%
-4.80%
-4.23%
1.12%
-1.22%
-2.76%
-1.20%
2016
14.67%
3.83%
-9.76%
0.34%
-1.77%
5.77%
-1.71%
-7.97%
-5.74%
Performance Indicators
The charts below present risk-adjusted performance metrics for ANTERO RESOURCES CORPORATION (AR) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of AR compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current ANTERO RESOURCES CORPORATION volatility is 2.56%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses. Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Liabilities And Equity (USD)
13.25B
13.01B
13.62B
14.12B
13.90B
13.15B
15.20B
15.52B
15.26B
14.26B
14.16B
11.57B
6.61B
Equity Attributable To Parent (USD)
7.55B
7.02B
6.98B
6.75B
5.76B
5.77B
6.97B
7.67B
8.15B
6.26B
5.93B
5.47B
3.60B
Equity Attributable To Noncontrolling Interest (USD)
Markets sold off sharply on March 19, 2026, as Iranian strikes on Gulf energy infrastructure pushed crude oil above $100/barrel, triggering stagflation concerns. The S&P 500 hit its lowest close since mid-November, while the Federal Reserve's hawkish stance and rising inflation projections pushed Treasury yields higher. Gold plummeted 4.5% as real yields climbed, while energy stocks surged and precious metals miners collapsed.
Benzinga•Piero Cingari
AI Insight
Climbed 5.24% as domestic energy producers benefited from surging crude oil prices above $100/barrel
Antero Midstream reported Q4 2025 earnings with adjusted EBITDA of $285 million (up 4% YoY) and record free cash flow after dividends of $325 million for the full year (up 30% YoY). The company closed its $1.1 billion acquisition of HG Mid, adding over 400 undeveloped locations in the Marcellus Shale. For 2026, management forecasts over $1.2 billion in adjusted EBITDA (8% growth) and $360 million in free cash flow after dividends (11% growth), with a capital budget of $190-220 million and maintained dividend of $0.90 per share.
The Motley Fool•Motley Fool Transcribing
AI Insight
Antero Resources benefits from Antero Midstream's infrastructure expansion and is well-positioned for growth with firm transport optionality, access to multiple demand centers including LNG export to Gulf Coast, and a three-rig, two-crew development program on dedicated acreage expected to support mid- to high-single-digit EBITDA growth through 2027 and beyond.
Natural gas futures surged past $5 per MMBtu, marking a historic 60% weekly gain—the largest since 1990—as a record cold wave grips 40 U.S. states. Production disruptions from freeze-offs could peak at 15 Bcf/d while heating demand surges, creating near-term deliverability risks. Natural gas equities rallied sharply in response to the price spike.
Benzinga•Piero Cingari
AI Insight
Up roughly 9% on the week as natural gas prices surge due to extreme cold weather and supply constraints, benefiting natural gas producers.
U.S. stocks rebounded cautiously on Wednesday following Trump's remarks at Davos regarding Greenland as a national security priority. The market showed restraint with the Dow up 0.6%, while the oil and gas sector surged due to forecasts of an Arctic blast. Natural gas futures jumped nearly 24%, marking the largest two-day gain on record. Mixed earnings results saw Netflix decline despite beating estimates, while Halliburton rallied on strong earnings. Bitcoin fell for a seventh consecutive session.
A displaced polar vortex bringing extreme cold to the Northern Hemisphere has triggered a 27% surge in U.S. natural gas futures to $3.94 per MMBtu, marking the largest single-day gain in over a year. Arctic air is expected to grip the central and eastern U.S. for 10-14 days, driving record heating demand and forcing short-covering among traders. Natural gas producers and midstream companies are positioned to benefit from the sustained volatility and high demand.
Benzinga•Erica Kollmann
AI Insight
Natural gas producer highly sensitive to price spikes; surging on increased Northeast demand driven by the polar vortex and extreme cold.
Oil and gas stocks experienced significant declines as crude prices dropped to near five-year lows, driven by potential Russia-Ukraine peace negotiations and weakening market demand signals.
Benzinga•Piero Cingari
AI Insight
Stock declined 3.92% due to broader energy sector weakness
Antero Midstream declared a $0.225 per share cash dividend for Q3 2025, payable on November 5, 2025. The company repurchased approximately 2.3 million shares for $41.3 million and plans to release Q3 earnings on October 29, 2025.
Benzinga•Prnewswire
AI Insight
Mentioned as a service recipient of Antero Midstream's assets, with no specific performance details provided
Antero Midstream declared a $0.225 per share cash dividend for Q2 2025, repurchased approximately 1.0 million shares, and scheduled its earnings release for July 30, 2025.
Benzinga•Prnewswire
AI Insight
Mentioned as a service recipient of Antero Midstream's assets, with no specific performance details provided
Several large-cap stocks, including AppLovin, Super Micro Computer, and Intel, saw significant gains last week. The article discusses the reasons behind the stock movements, such as strong earnings, new product announcements, and industry trends.
Benzinga•Lekha Gupta
AI Insight
Antero Resources shares increased 11.68%, likely due to rising oil prices supported by a weaker dollar.
U.S. natural gas prices have surged 50% in November, reaching $3.40/MMBtu - the highest level in over a year. This has led to a rally in natural gas stocks like EQT, Cheniere Energy, and Kinder Morgan, which are poised to benefit from higher prices and increased demand.
Benzinga•Piero Cingari, Benzinga Staff Writer
AI Insight
The article mentions that Antero Resources has significant exposure to the Appalachia region, where colder weather is driving demand for natural gas, which is expected to benefit the company.
