Page 1 of 1

Antero Resources Upgrade

Posted: Wed Mar 21, 2018 1:31 pm
by dan_s
Nice to see Zacks finally seeing what I have been telling you guys. The Wall Street "herd" can change directions quickly.
-------------------------------------------------------------
On Mar 21, Antero Resources Corporation (AR) was upgraded to a Zacks Rank #1 (Strong Buy).

Why the Upgrade?

For first-quarter 2018, the Zacks Consensus Estimate for earnings per share has been revised upward from 25 cents to 35 cents over the last 60 days. The consensus mark for current-year earnings was raised to $1.29 from $1.03 over the same time period.

Full Report here: https://finance.yahoo.com/news/apos-why ... 03645.html

Re: Antero Resources Upgrade

Posted: Wed Mar 21, 2018 1:36 pm
by dan_s
Note that they don't mention that Antero has over 100% of their natural gas production for 2018 and 2019 hedged at $3.50/mcf.

Based on my forecast, which I have a VERY HIGH level of confidence in because of their hedges, shows 2018 cash flow from operations of more than $1.73 Billion. This compares to their 2018 capital program of $1.45 Billion.