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AR vs. PBA: Antero Resources vs. Pembina Pipeline Stock Comparison

How do Antero Resources (AR) and Pembina Pipeline (PBA) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Antero Resources (AR) and Pembina Pipeline (PBA) both belong to the Oil, Gas & Consumable Fuels industry, though AR is classified under Oil & Gas Exploration & Production while PBA falls under Oil & Gas Storage & Transportation.

Company profile comparison for Antero Resources (AR) and Pembina Pipeline (PBA)
Profile ItemARPBA
NameAntero Resources CorporationPembina Pipeline Corp.
Country/RegionUnited StatesCanada
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Exploration & ProductionOil & Gas Storage & Transportation
Market Capitalization11.08 billion USD28.08 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateOctober 10, 2013October 6, 2010
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

AR
PBA
GSPC
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Antero Resources (AR) vs. Pembina Pipeline (PBA), with S&P 500 (GSPC) for reference: 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 Pembina Pipeline (PBA). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Antero Resources (AR) and Pembina Pipeline (PBA). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Antero Resources (AR) and Pembina Pipeline (PBA)
MetricARPBA
Total Return (1Y)7.96%35.84%
Total Return (3Y, Annualized)11.53%20.26%
Total Return (5Y, Annualized)12.31%12.46%

Risk Profile

Drawdown History

AR
PBA
GSPC
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Antero Resources (AR) vs. Pembina Pipeline (PBA), with S&P 500 (GSPC) for reference: 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 Pembina Pipeline (PBA). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Antero Resources (AR) and Pembina Pipeline (PBA)
MetricARPBA
Volatility (1Y, Annualized)37.70%20.43%
Beta (5Y)0.520.59
Max Drawdown (5Y)-58.39%-27.37%
Avg. Volume (3M)4.04M993.87K

Risk-Adjusted Performance

Risk-Return Positioning

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AR and PBA are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Antero Resources (AR) and Pembina Pipeline (PBA)
MetricARPBA
Sharpe Ratio (1Y)0.101.54
Sortino Ratio (1Y)0.142.32

Profitability

ROE (TTM)

Both Antero Resources (AR) at 17.39% and Pembina Pipeline (PBA) at 12.10% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

AR

Energy industry group

17.39%

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

PBA

Energy industry group

12.10%

Max
53.85%
Q3
24.79%
Median
12.85%
PBA
12.10%
Q1
2.03%
Min
-29.09%
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Antero Resources (AR) vs. Pembina Pipeline (PBA): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Antero Resources (AR) at 22.98% and Pembina Pipeline (PBA) at 24.78% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

AR

Energy industry group

22.98%

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

PBA

Energy industry group

24.78%

Max
56.92%
PBA
24.78%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%
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Antero Resources (AR) vs. Pembina Pipeline (PBA): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Antero Resources (AR) at 29.50% and Pembina Pipeline (PBA) at 32.63% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

AR

Energy industry group

29.50%

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

PBA

Energy industry group

32.63%

Max
71.31%
Q3
33.75%
PBA
32.63%
Median
18.73%
Q1
6.94%
Min
-24.52%
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Antero Resources (AR) vs. Pembina Pipeline (PBA): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Antero Resources (AR) and Pembina Pipeline (PBA)
MetricARPBA
ROE (TTM)17.39%12.10%
ROA (TTM)7.69%4.65%
Net Margin (TTM)22.98%24.78%
Operating Margin (TTM)29.50%32.63%
Gross Margin (TTM)68.28%38.23%

Growth

Revenue Growth

Antero Resources (AR) at 21.73% sits in the top revenue growth quartile, while Pembina Pipeline (PBA) at 5.34% is closer to the peer norm — faster top-line expansion for AR.

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Antero Resources (AR) vs. Pembina Pipeline (PBA): A comparison of their Revenue Growth across different time periods.

EPS Growth

Antero Resources (AR) at 1,027.78% clears its industry range for EPS growth, a much stronger earnings trajectory than Pembina Pipeline (PBA) at -11.33%, which is closer to a typical peer reading.

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Antero Resources (AR) vs. Pembina Pipeline (PBA): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Antero Resources (AR) and Pembina Pipeline (PBA)
MetricARPBA
Revenue Growth (YoY)21.73%5.34%
Revenue Growth (3Y CAGR)-15.47%-12.50%
EPS Growth (YoY)1,027.78%-11.33%
EPS Growth (3Y CAGR)-29.41%-19.61%

Financial Strength

Current Ratio (MRQ)

Both Antero Resources (AR) at 0.39 and Pembina Pipeline (PBA) at 0.75 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

AR

Energy industry group

0.39

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

PBA

Energy industry group

0.75

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
PBA
0.75
Min
0.24
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Antero Resources (AR) vs. Pembina Pipeline (PBA): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both Antero Resources (AR) at 0.54 and Pembina Pipeline (PBA) at 0.80 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

AR

Energy industry group

0.54

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

PBA

Energy industry group

0.80

Max
1.75
Q3
0.93
PBA
0.80
Median
0.54
Q1
0.30
Min
0.00
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Antero Resources (AR) vs. Pembina Pipeline (PBA): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Antero Resources (AR) and Pembina Pipeline (PBA)
MetricARPBA
Current Ratio (MRQ)0.390.75
Debt / Equity (MRQ)0.540.80
Net Debt / EBITDA--3.74

Dividends

Dividend Yield (TTM)

Antero Resources (AR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Pembina Pipeline (PBA) reports a yield of 6.13%, ranking against industry peers normally.

AR

Energy industry group

0.00%

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

PBA

Energy industry group

6.13%

Max
8.57%
PBA
6.13%
Q3
3.58%
Median
1.71%
Q1
0.00%
Min
0.00%
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Antero Resources (AR) vs. Pembina Pipeline (PBA): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Antero Resources (AR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Pembina Pipeline (PBA) reports a payout of 86.79%, ranking against industry peers normally.

AR

Energy industry group

0.00%

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

PBA

Energy industry group

86.79%

Max
133.24%
PBA
86.79%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%
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Antero Resources (AR) vs. Pembina Pipeline (PBA): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Antero Resources (AR) and Pembina Pipeline (PBA)
MetricARPBA
Dividend Yield (TTM)0.00%6.13%
Dividend Payout Ratio (TTM)0.00%86.79%

Valuation

P/E Ratio (TTM)

Both Antero Resources (AR) at 8.14 and Pembina Pipeline (PBA) at 20.12 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AR

Energy industry group

8.14

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

PBA

Energy industry group

20.12

Max
39.54
Q3
21.72
PBA
20.12
Median
12.19
Q1
7.71
Min
2.99
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Antero Resources (AR) vs. Pembina Pipeline (PBA): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Antero Resources (AR) at 1.85 is priced about in line with its industry on P/S ratio, while Pembina Pipeline (PBA) at 3.36 sits in the pricier quartile — PBA costs more per dollar of sales.

AR

Energy industry group

1.85

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

PBA

Energy industry group

3.36

Max
5.40
PBA
3.36
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00
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Antero Resources (AR) vs. Pembina Pipeline (PBA): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Antero Resources (AR) at 1.28 is valued about in line with its industry on P/B ratio, while Pembina Pipeline (PBA) at 2.55 carries an above-peer premium to book — PBA is pricier on assets.

AR

Energy industry group

1.28

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

PBA

Energy industry group

2.55

Max
4.21
PBA
2.55
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01
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Antero Resources (AR) vs. Pembina Pipeline (PBA): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Antero Resources (AR) and Pembina Pipeline (PBA)
MetricARPBA
P/E Ratio (TTM)8.1420.12
P/S Ratio (TTM)1.853.36
P/B Ratio (MRQ)1.282.55
Free Cash Flow Yield (TTM)2.37%5.53%