Antero Resources Corp (AR)
合理估值基本面
87
价格
$33.71
市值
$10.56B
第一部分 · 这家公司值多少
概览
Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Production; Marketing; and Equity Method Investment in Antero Midstream. As of December 31, 2025, the company had approximately 537,000 net acres in the Appalachian Basin; and approximately 168,000 net acres in the Upper Devonian Shale. Its gathering and compression systems also comprise 731 miles of gas gathering pipelines in the Appalachian Basin. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was incorporated in 2002 and is headquartered in Denver, Colorado.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated on 2026年9月18日 with claude-haiku-4-5 — shared with all users
EQT is the other large Appalachian pure-play producer, drilling the same Marcellus and Utica acreage in West Virginia, Pennsylvania and Ohio and selling its gas into the same regional pipelines and LNG-linked outlets that Antero supplies.
Born from the Chesapeake–Southwestern merger, Expand Energy is the largest US natural gas producer and holds the Appalachian acreage Southwestern brought in, so it competes with Antero for the same gas buyers, the same pipeline capacity and the same LNG feedgas contracts.
Range Resources works the wet-gas window of the Marcellus in south-west Pennsylvania and is, like Antero, one of the few large producers of ethane and propane in Appalachia, so the two sell into the same NGL market.
CNX is an Appalachian-only gas producer operating Marcellus and Utica wells in the same states, competing with Antero for acreage, drilling services and firm transportation out of the basin.
Coterra's Marcellus operations in north-east Pennsylvania make it one of the largest dry-gas producers in the basin, selling into the same north-eastern and Gulf Coast gas markets as Antero.
Ascent Resources is the largest privately held Utica Shale operator in Ohio, drilling liquids-rich wells next to Antero's own Ohio acreage and competing for the same leases and midstream capacity.
资产负债表与流动性
营收
$6.13B
最近12个月(截至2026/6/30)
净利润
$1.12B
最近12个月(截至2026/6/30)
自由现金流
-
股东权益合计
$7.55B
负债合计
$5.53B
流动比率
0.40
利息覆盖率
-
债务/EBITDA
2.83
每股收益
营收与净利润
自由现金流
收入构成
历史财务表
利润率变化
债务变化
债务负担有多重
增长一览表
增长 — 营业收入
公允价值估算
公允价值
$42.62
当前价格
$33.71
安全边际
+20.9%
公允价值区间
$35.98 - $49.26
所用估值方法之间的离散区间,并非经过统计校准的置信区间。
估算方法
估值指标
市盈率(P/E)
9.57
ROE
8.9%
市净率(P/B)
1.23
P/FCF
-
毛利率
-
ROIC
8.8%
盈利能力雷达图
价值创造(经济护城河)
ROIC
8.8%
WACC
5.6%
ROIC − WACC
+3.3 pp
ROIC 超过资本成本:公司正在为股东创造价值。
基本面分析标准
通过(17)
- EPS shows upward trend
- ROIC 8.8%
- P/B Ratio 1.23
- Debt/Equity ratio
- Operating Margin 24.7%
- Debt/EBITDA
- Return on Tangible Assets
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Undervalued)
- ROE 13.9%
- Revenue Growth 5Y 8.6%
- Analyst Consensus 79% Buy
- Earnings Quality (OCF/NI) 1.76
- Share Dilution -36.2%
- Net Margin Trend 18.3% vs 10.7%
- Piotroski F-Score 8/9
未通过(4)
- EPS CAGR 2.18%
- Price CAGR 4.98%
- Current Ratio
- Earnings Surprise avg -18.1%
不可用(7)
- Gross Margin NaN%
- P/FCF NaN
- Dividend Payout NaN%
- Positive Free Cash Flow
- CapEx intensity
- Interest Coverage
- PEG Ratio (need PE > 0 and growth > 0)
Piotroski F-评分
财务状况强健
盈利质量
高质量:盈利有现金流支撑
股权稀释
正在回购股份,对股东友好
机构持股
公司治理
管理团队
| 姓名 | 职位 | 年龄 |
|---|---|---|
| Mr. Michael N. Kennedy | CEO, President & Director | 50 |
| Mr. Paul M. Rady | Co-Founder & Chairman Emeritus | 71 |
| Mr. Brendan E. Krueger | CFO, Senior VP of Finance & Treasurer | 40 |
| Ms. Yvette K. Schultz J.D. | Chief Compliance Officer, Senior VP of Legal, General Counsel & Corporate Secretary | 43 |
| Mr. Jon S. McEvers | Senior Vice President of Operations | - |
| Ms. Sheri L. Pearce | Senior VP of Accounting & Chief Accounting Officer | 58 |
| Mr. Biren Kumar | Chief Information Officer | 58 |
| Mr. Daniel Philip Katzenberg | Director of Finance and Investor Relations | - |
| Mr. Steven M. Woodward | Senior Vice President of Business Development | 66 |
| Mr. W. Patrick Ash | Senior Vice President of Reserves, Planning & Midstream | 46 |
审计风险
7
董事会风险
3
薪酬风险
4
股东权利风险
7
第二部分 · 价格与买入时机
这一部分不判断公司是否值得拥有:它帮助你在基本面说服你之后,选择何时买入。包含:技术分析、潜力、历史回撤、Gamma 敞口。
损益历史
via SEC EDGAR
Latest News
Recent headlines for AR, sourced from Markets Gazette.