What Will Happen to Antero Resources Corp Next? The Stock Just Had Huge Bullish Options Activity

 What Will Happen to Antero Resources Corp Next? The Stock Just Had Huge Bullish Options Activity

In today’s session Antero Resources Corp (AR) registered an unusually high (616) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious AR increase. With 616 contracts traded and 5664 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: AR161216C00025000 closed last at: $1.1 or 15.8% up. About 2.58 million shares traded hands. Antero Resources Corp (NYSE:AR) has declined 6.41% since April 13, 2016 and is downtrending. It has underperformed by 10.34% the S&P500.

Antero Resources Corp (NYSE:AR) Ratings Coverage

Out of 18 analysts covering Antero Resources (NYSE:AR), 9 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 50% are positive. Antero Resources has been the topic of 55 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Antero Resources Corp (NYSE:AR) has “Overweight” rating given on Thursday, July 14 by Barclays Capital. The company was downgraded on Monday, August 15 by Jefferies. As per Tuesday, February 23, the company rating was downgraded by Simmons & Co. The rating was initiated by Cowen & Co with “Market Perform” on Tuesday, July 21. The rating was initiated by Morgan Stanley on Thursday, March 24 with “Equal-Weight”. JP Morgan initiated Antero Resources Corp (NYSE:AR) rating on Wednesday, December 9. JP Morgan has “Underweight” rating and $19 price target. The firm has “” rating by Stephens given on Tuesday, February 23. The firm earned “Hold” rating on Friday, November 6 by Tudor Pickering. The stock has “Hold” rating given by Deutsche Bank on Wednesday, December 9. The firm has “Buy” rating by Goldman Sachs given on Tuesday, November 17.

According to Zacks Investment Research, “Antero Resources Corporation is an independent oil and natural gas company. It is primarily engaged in the exploitation, development and acquisition of unconventional oil and liquids-rich natural gas properties primarily located in the Appalachian Basin in West Virginia, Ohio and Pennsylvania. Antero Resources Corporation is headquartered in Denver, Colorado.”

Insitutional Activity: The institutional sentiment increased to 3.52 in Q2 2016. Its up 1.73, from 1.79 in 2016Q1. The ratio is positive, as 22 funds sold all Antero Resources Corp shares owned while 40 reduced positions. 86 funds bought stakes while 132 increased positions. They now own 480.27 million shares or 119.82% more from 218.48 million shares in 2016Q1.
Poplar Forest Cap last reported 1.98% of its portfolio in the stock. Knott David M holds 0% or 200,000 shares in its portfolio. Raging Capital Mngmt Ltd Limited Liability Company reported 677,930 shares or 2.71% of all its holdings. Bluemountain Limited Liability Com holds 0.01% or 19,251 shares in its portfolio. Nomura Asset Mgmt Limited has 0.01% invested in the company for 17,500 shares. Citadel Advisors Ltd Com holds 0.04% or 1.50M shares in its portfolio. Andra Ap holds 0.02% of its portfolio in Antero Resources Corp (NYSE:AR) for 26,500 shares. California State Teachers Retirement Systems has 0.02% invested in the company for 357,094 shares. Susquehanna Intll Gru Ltd Liability Partnership has 0% invested in the company for 86,884 shares. Legal And General Plc accumulated 644,189 shares or 0.02% of the stock. Moreover, Gulf Bancorp (Uk) has 0.02% invested in Antero Resources Corp (NYSE:AR) for 48,214 shares. California Pub Employees Retirement Sys accumulated 0.01% or 192,900 shares. Point72 Asia (Hong Kong) Ltd has invested 0.05% of its portfolio in Antero Resources Corp (NYSE:AR). Parametric Port Assoc Ltd Limited Liability Company has invested 0.01% of its portfolio in Antero Resources Corp (NYSE:AR). Analytic Investors Lc accumulated 180,020 shares or 0.06% of the stock.

Insider Transactions: Since June 14, 2016, the stock had 1 insider buy, and 4 selling transactions for $34.76 million net activity. The insider Connor Richard W. bought 4,000 shares worth $104,161. Shares for $283,586 were sold by Kilstrom Kevin J.. Keenan W Howard JR had sold 260,000 shares worth $6.43M on Monday, November 7. 28,037 shares with value of $766,893 were sold by McNeilly Ward D. on Wednesday, August 10. On Friday, August 5 the insider Warren Glen C Jr sold $27.38M.

Antero Resources Corporation is an oil and natural gas company. The company has a market cap of $8.03 billion. The Firm is engaged in the exploration, development and acquisition of natural gas, natural gas liquids and oil properties located in the Appalachian Basin. It currently has negative earnings. The Company’s divisions include the exploration, development and production of natural gas, NGLs, and oil; gathering and compression; water handling and treatment, and marketing of excess firm transportation capacity.

AR Company Profile

Antero Resources Corporation, incorporated on June 20, 2002, is an oil and natural gas company. The Firm is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s divisions include the exploration, development and production of natural gas, NGLs, and oil; gathering and compression; water handling and treatment, and marketing of excess firm transportation capacity. The Firm holds approximately 569,000 net acres of gas and oil properties located in the Appalachian Basin in West Virginia, Ohio and Pennsylvania.

More news for Antero Resources Corp (NYSE:AR) were recently published by: Prnewswire.com, which released: “Antero Resources Reports Third Quarter 2016 Financial and Operational Results” on October 26, 2016. Prnewswire.com‘s article titled: “How These Oil & Gas Stocks are Faring? — Antero Resources, Ocean Rig UDW …” and published on November 08, 2016 is yet another important article.

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