Antero Resources (AR) Update - April 13
Posted: Wed Apr 13, 2022 11:19 am
Antero is getting a lot more attention from the Wall Street Gang. Since April 6th four highly respected energy sector analysts have SIGNIFICANTLY increased their price targets for AR and they are still using much lower natural gas prices than the 12-month NYMEX strip.
At the time of this post AR was trading for $33.69, up more than 90% YTD.
Wells Fargo 4/13/2022 new PT is $38.00 BUY
Benchmark 4/11/2022 new PT is $50.00 BUY
Mizuho Sec 4/8/2022 new PT is $56.00 BUY
JP Morgan 4/6/2022 new PT is $40.00 BUY
I have updated my valuation for my higher natural gas price deck. My valuation increases by $10 to $46/share.
My updated forecast/valuation model will be posted to the EPG website this afternoon.
At the time of this post AR was trading for $33.69, up more than 90% YTD.
Wells Fargo 4/13/2022 new PT is $38.00 BUY
Benchmark 4/11/2022 new PT is $50.00 BUY
Mizuho Sec 4/8/2022 new PT is $56.00 BUY
JP Morgan 4/6/2022 new PT is $40.00 BUY
I have updated my valuation for my higher natural gas price deck. My valuation increases by $10 to $46/share.
My updated forecast/valuation model will be posted to the EPG website this afternoon.