Antero Resources (AR) Stock Analysis

November 11, 2026

This is a peer-relative look at Antero Resources (AR): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Energy peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Antero Resources (AR)
Profile Item	AR
Name	Antero Resources Corporation
Country/Region	United States
GICS Sector	Energy
GICS Industry Group	Energy
GICS Industry	Oil, Gas & Consumable Fuels
GICS Sub-Industry	Oil & Gas Exploration & Production
Market Capitalization	11.08 billion USD
Currency	USD
Exchange	NYSE
Listing Date	October 10, 2013
Security Type	Common Stock

Price Performance

Cumulative Growth

GSPC

Antero Resources (AR) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Antero Resources (AR) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Antero Resources (AR) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Antero Resources (AR) metric values compared with Energy industry-group medians
Metric	Current stock: AR	Industry group median
Total Return (1Y)	7.96%	32.08%
Total Return (3Y, Annualized)	11.53%	14.39%
Total Return (5Y, Annualized)	12.31%	15.43%

Risk Profile

Drawdown History

GSPC

Antero Resources (AR) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Antero Resources (AR) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Antero Resources (AR) metric values compared with Energy industry-group medians
Metric	Current stock: AR	Industry group median
Volatility (1Y, Annualized)	37.70%	41.29%
Beta (5Y)	0.52	0.66
Max Drawdown (5Y)	-58.39%	-52.09%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. AR is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Antero Resources (AR) metric values compared with Energy industry-group medians
Metric	Current stock: AR	Industry group median
Sharpe Ratio (1Y)	0.10	0.67
Sortino Ratio (1Y)	0.14	1.01

Profitability

ROE (TTM)

Antero Resources (AR) posts ROE of 17.39%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

AR

Energy industry group

17.39%

Group distribution

Max: 53.85%
Q3: 24.79%
AR: 17.39%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

Largest peers

PBR: 30.27%
TTE: 17.83%
COP: 17.66%
SHEL: 17.43%
AR: 17.39%
XOM: 15.53%
CVX: 13.85%

Where Antero Resources (AR) stands on ROE within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Antero Resources (AR) keeps 22.98% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

AR

Energy industry group

22.98%

Group distribution

Max: 56.92%
AR: 22.98%
Q3: 22.92%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

Largest peers

PBR: 24.32%
AR: 22.98%
COP: 16.76%
CVX: 11.92%
XOM: 10.46%
TTE: 10.46%
SHEL: 10.18%

Where Antero Resources (AR) stands on net margin within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Antero Resources (AR) turns 29.50% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

AR

Energy industry group

29.50%

Group distribution

Max: 71.31%
Q3: 33.75%
AR: 29.50%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

Largest peers

PBR: 44.68%
COP: 30.05%
AR: 29.50%
TTE: 24.51%
SHEL: 18.76%
CVX: 17.89%
XOM: 16.98%

Where Antero Resources (AR) stands on operating margin within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Antero Resources (AR) metric values compared with Energy industry-group medians
Metric	Current stock: AR	Industry group median
ROE (TTM)	17.39%	12.85%
ROA (TTM)	7.69%	5.49%
Net Margin (TTM)	22.98%	10.10%
Operating Margin (TTM)	29.50%	18.73%
Gross Margin (TTM)	68.28%	44.52%

Growth

Revenue Growth

Antero Resources (AR) grew revenue 21.73%, in the upper peer quartile. The top line is expanding faster than at most industry peers, which points to share gains or stronger pricing.

Antero Resources (AR): Revenue Growth across different time periods, set against Energy industry-group medians.

EPS Growth

Antero Resources (AR) grew earnings per share 1,027.78%, above the industry benchmark range. Profits are compounding faster than at any typical peer, though a depressed base year can inflate the percentage, so the level of earnings matters alongside the rate.

Antero Resources (AR): EPS Growth across different time periods, set against Energy industry-group medians.

Growth Metrics

Antero Resources (AR) metric values compared with Energy industry-group medians
Metric	Current stock: AR	Industry group median
Revenue Growth (YoY)	21.73%	0.51%
Revenue Growth (3Y CAGR)	-15.47%	0.37%
EPS Growth (YoY)	1,027.78%	-11.75%
EPS Growth (3Y CAGR)	-29.41%	-12.07%

Financial Strength

Current Ratio (MRQ)

Antero Resources (AR) has current ratio of 0.39, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

AR

Energy industry group

0.39

Group distribution

Max: 3.64
Q3: 2.21
Median: 1.41
Q1: 0.88
AR: 0.39
Min: 0.24

Largest peers

COP: 1.52
SHEL: 1.38
CVX: 1.34
XOM: 1.19
TTE: 1.11
PBR: 0.85
AR: 0.39

Where Antero Resources (AR) stands on current ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Antero Resources (AR) has debt-to-equity ratio of 0.54, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

AR

Energy industry group

0.54

Group distribution

Max: 1.75
Q3: 0.93
Median: 0.54
AR: 0.54
Q1: 0.30
Min: 0.00

Largest peers

PBR: 0.76
AR: 0.54
TTE: 0.46
SHEL: 0.38
COP: 0.35
CVX: 0.17
XOM: 0.13

Where Antero Resources (AR) stands on debt-to-equity ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Antero Resources (AR) metric values compared with Energy industry-group medians
Metric	Current stock: AR	Industry group median
Current Ratio (MRQ)	0.39	1.41
Debt / Equity (MRQ)	0.54	0.54
Net Debt / EBITDA	--	1.13

Dividends

Dividend Yield (TTM)

Antero Resources (AR) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.

AR

Energy industry group

0.00%

Group distribution

Max: 8.57%
Q3: 3.58%
Median: 1.71%
AR: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

PBR: 19.51%
TTE: 4.58%
CVX: 3.31%
XOM: 2.49%
COP: 2.48%
SHEL: 1.54%
AR: 0.00%

Where Antero Resources (AR) stands on dividend yield within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Antero Resources (AR) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.

AR

Energy industry group

0.00%

Group distribution

Max: 133.24%
Q3: 53.31%
Median: 25.24%
AR: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

CVX: 51.76%
XOM: 42.39%
TTE: 39.93%
COP: 35.41%
PBR: 28.93%
SHEL: 26.24%
AR: 0.00%

Where Antero Resources (AR) stands on payout ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Antero Resources (AR) metric values compared with Energy industry-group medians
Metric	Current stock: AR	Industry group median
Dividend Yield (TTM)	0.00%	1.71%
Dividend Payout Ratio (TTM)	0.00%	25.24%

Valuation

P/E Ratio (TTM)

Antero Resources (AR) trades at P/E ratio of 8.14, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

AR

Energy industry group

8.14

Group distribution

Max: 39.54
Q3: 21.72
Median: 12.19
AR: 8.14
Q1: 7.71
Min: 2.99

Largest peers

XOM: 17.06
CVX: 15.61
COP: 14.36
TTE: 8.76
SHEL: 8.60
AR: 8.14
PBR: 4.68

Where Antero Resources (AR) stands on P/E ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Antero Resources (AR) trades at 1.85 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

AR

Energy industry group

1.85

Group distribution

Max: 5.40
Q3: 2.85
AR: 1.85
Median: 1.69
Q1: 0.88
Min: 0.00

Largest peers

COP: 2.34
AR: 1.85
CVX: 1.83
XOM: 1.74
TTE: 0.90
SHEL: 0.87
PBR: 0.22

Where Antero Resources (AR) stands on P/S ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Antero Resources (AR) trades at 1.28 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

AR

Energy industry group

1.28

Group distribution

Max: 4.21
Q3: 2.38
Median: 1.51
AR: 1.28
Q1: 1.08
Min: 0.01

Largest peers

XOM: 2.55
COP: 2.44
CVX: 2.13
TTE: 1.46
SHEL: 1.43
AR: 1.28
PBR: 1.25

Where Antero Resources (AR) stands on P/B ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Antero Resources (AR) metric values compared with Energy industry-group medians
Metric	Current stock: AR	Industry group median
P/E Ratio (TTM)	8.14	12.19
P/S Ratio (TTM)	1.85	1.69
P/B Ratio (MRQ)	1.28	1.51
Free Cash Flow Yield (TTM)	2.37%	5.94%