ANTERO RESOURCES Corp(AR)Stock Analysis
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Rank #47 of 2,879 stocksTOP 5%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
AR Stock Analysis & AI Quality Score
AI stock analysis and institutional research for ANTERO RESOURCES Corp (AR), a Energy sector company. 13F Pro's AI-powered ranking engine scores AR at 80.1/100 on a 32-signal composite quality model, placing it at rank #47 of 2,879 stocks — the top 5% of the AI-ranked universe. AR scores in the top quartile across earnings quality (92.3), free cash flow (89.0), profitability (85.8). Based on the latest XBRL financial filings (Q1 2026), ANTERO RESOURCES Corp reports quarterly revenue of $1.9B, net income of $548.2M, free cash flow of $859.1M. Top institutional holders of AR by reported 13-F value include BlackRock,, FMR, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. AR trades on the NYSE exchange and files with the SEC under CIK 1433270. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate AR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for ANTERO RESOURCES Corp directly from SEC EDGAR. ANTERO RESOURCES Corp's 13F Pro composite quality score has ranged between 8 and 80 since 2021, currently 80.1 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
What's Driving AR's Business? Latest 10-Q Breakdown
AI-extracted from ANTERO RESOURCES Corp's 10-Q filed 2026-04-29 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Antero Resources reported Q1 2026 revenue of $1.95B (+44% YoY), driven by $2.8B HG Acquisition closing Feb 3 and 39% higher natural gas prices, offsetting 10% lower NGL prices.
Biggest Revenue Drivers
Total revenue: $1,945M+44% YoY
HG Acquisition contributed $178M; higher commodity prices (+$367M) and higher production volumes (+$164M) offset partially by derivative impacts.
HG Acquisition contributed $16M; lower commodity prices (-$79M) offset by higher C3+ production volumes (+$22M).
Oil marketing revenues increased $14M on higher volumes and prices; ethane and NGLs marketing revenues increased $2M.
Largest Expense Items
HG Acquisition contributed $39M; higher production volumes; annual CPI-based adjustments and higher fuel costs partially offset by lower processing costs.
Higher production volumes from HG Acquisition properties; per-unit basis flat at $0.60 Mcfe.
Higher severance taxes from increased natural gas prices; as % of natural gas revenue remained consistent at 6%.
Cost of third-party oil purchases increased $11M; firm transportation costs increased $9M due to lower pipeline utilization and force majeure.
Watch Items from the Filing
- HG Acquisition integration risk: $2.8B acquisition closed Feb 3, 2026, contributing only ~$246M revenue in Q1 (7 weeks). Purchase price allocation incomplete; fair value measurements rely on Level 3 inputs (commodity prices, reserves, discount rate 9.0%) subject to material revision within 12 months.
- Liquidity constraint post-HG: long-term debt increased to $2.7B (+90% QoQ). Term Loan $1.3B due Feb 2029 at 5.3% floating rate; Credit Facility only $73M outstanding vs. $1.6B capacity available. Leverage at 65% covenant threshold.
- Commodity price volatility: natural gas realized prices $4.86/Mcf (hedged) vs. $5.57 (unhedged); C3+ NGLs down 17% YoY. Only 42% of Q1 production hedged; significant downside exposure if prices fall. Derivative asset fair value $202M—mark-to-market volatility.
- Royalty litigation exposure: West Virginia Supreme Court June 2025 decision broadened scope of products subject to royalties and limited post-production cost deductions. Company estimates reasonably possible losses of up to $400M on other leases beyond immaterial Romeo accrual; timing and outcome uncertain.
- EPA settlement cost: $3.8M penalty and remediation obligations agreed Feb 2026 for Clean Air Act violations at combustion devices; immaterial to financials but signals regulatory scrutiny of operations.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$1.9B
Net Income
Q1 2026
$548.2M
Free Cash Flow
Q1 2026
$859.1M
ROIC
Q1 2026
6.8%
D/E Ratio
Q1 2026
0.33
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+1.4% YoYNet Income
+283.3% YoYOperating Income
+1560.7% YoYEPS (Diluted)
+204.9% YoYTotal Assets
-2.7% YoYTotal Debt
-27.7% YoYOp. Cash Flow
-40.1% YoY| Metric | FY 2023 | FY 2021 | FY 2018 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|
| Revenue | $4.68B +1.4% | $4.62B +11.6% | $4.14B +137.3% | $1.74B -55.9% | $3.95B +45.4% | $2.72B |
| Net Income | $297.0M +283.3% | $-162.0M | — | — | — | $675.8M |
| Operating Income | $396.2M +1560.7% | $23.9M -66.8% | $71.9M +107.4% | $-975.8M -154.5% | $1.79B +37.7% | $1.30B |
| EPS (Diluted) | $0.64 +204.9% | $-0.61 +51.6% | $-1.26 +56.3% | $-2.88 -184.0% | $3.43 +33.5% | $2.57 |
| Total Assets | $13.52B -2.7% | $13.90B -10.5% | $15.52B +8.9% | $14.26B +1.0% | $14.12B +22.0% | $11.57B |
| Total Debt | $1.54B -27.7% | $2.13B -61.1% | $5.46B +16.1% | $4.70B +0.8% | $4.67B +7.0% | $4.36B |
| Operating Cash Flow | $994.7M -40.1% | $1.66B -20.3% | $2.08B +67.7% | $1.24B +22.2% | $1.02B +1.8% | $998.3M |
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13F Pro tracks comprehensive data for ANTERO RESOURCES Corp including:
Top Institutional Holders of AR
BlackRock, Inc.
$1.2B27,428,502 shFMR LLC
$966.6M22,775,239 shVANGUARD PORTFOLIO MANAGEMENT LLC
$595.6M14,034,748 shVANGUARD CAPITAL MANAGEMENT LLC
$560.0M13,195,510 shSTATE STREET CORP
$458.5M10,803,564 shDIMENSIONAL FUND ADVISORS LP
$434.6M10,239,070 shInvesco Ltd.
$380.6M8,968,567 shSourcerock Group LLC
$352.5M8,305,886 shGEODE CAPITAL MANAGEMENT, LLC
$239.0M5,629,099 shAQR CAPITAL MANAGEMENT LLC
$232.4M5,475,891 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $1.2B | 27,428,502 |
| FMR LLC | $966.6M | 22,775,239 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $595.6M | 14,034,748 |
| VANGUARD CAPITAL MANAGEMENT LLC | $560.0M | 13,195,510 |
| STATE STREET CORP | $458.5M | 10,803,564 |
| DIMENSIONAL FUND ADVISORS LP | $434.6M | 10,239,070 |
| Invesco Ltd. | $380.6M | 8,968,567 |
| Sourcerock Group LLC | $352.5M | 8,305,886 |
| GEODE CAPITAL MANAGEMENT, LLC | $239.0M | 5,629,099 |
| AQR CAPITAL MANAGEMENT LLC | $232.4M | 5,475,891 |
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Is AR a good stock to buy?
13F Pro's AI-powered analysis of ANTERO RESOURCES Corp (AR) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Energy sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for AR are available on the AR stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own AR?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling AR. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of ANTERO RESOURCES Corp's investment landscape.