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AR vs. TRP: Antero Resources vs. TC Energy Stock Comparison

How do Antero Resources (AR) and TC Energy (TRP) 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 TC Energy (TRP) both belong to the Oil, Gas & Consumable Fuels industry, though AR is classified under Oil & Gas Exploration & Production while TRP falls under Oil & Gas Storage & Transportation.

Company profile comparison for Antero Resources (AR) and TC Energy (TRP)
Profile ItemARTRP
NameAntero Resources CorporationTC Energy Corporation
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 USD64.51 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateOctober 10, 2013September 20, 1982
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

AR
TRP
GSPC
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Antero Resources (AR) vs. TC Energy (TRP), 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 TC Energy (TRP). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Antero Resources (AR) and TC Energy (TRP)
MetricARTRP
Total Return (1Y)7.96%24.67%
Total Return (3Y, Annualized)11.53%26.02%
Total Return (5Y, Annualized)12.31%9.85%

Risk Profile

Drawdown History

AR
TRP
GSPC
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Antero Resources (AR) vs. TC Energy (TRP), 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 TC Energy (TRP). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Antero Resources (AR) and TC Energy (TRP)
MetricARTRP
Volatility (1Y, Annualized)37.70%19.39%
Beta (5Y)0.520.64
Max Drawdown (5Y)-58.39%-38.98%
Avg. Volume (3M)4.04M2.56M

Risk-Adjusted Performance

Risk-Return Positioning

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AR and TRP 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 TC Energy (TRP)
MetricARTRP
Sharpe Ratio (1Y)0.101.05
Sortino Ratio (1Y)0.141.61

Profitability

ROE (TTM)

Both Antero Resources (AR) at 17.39% and TC Energy (TRP) at 12.15% 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%

TRP

Energy industry group

12.15%

Max
53.85%
Q3
24.79%
Median
12.85%
TRP
12.15%
Q1
2.03%
Min
-29.09%
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Antero Resources (AR) vs. TC Energy (TRP): 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 TC Energy (TRP) at 25.05% 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%

TRP

Energy industry group

25.05%

Max
56.92%
TRP
25.05%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%
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Antero Resources (AR) vs. TC Energy (TRP): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

TC Energy (TRP) at 41.66% operates in the top operating margin quartile, ahead of Antero Resources (AR) at 29.50%, which runs around its industry’s norm.

AR

Energy industry group

29.50%

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

TRP

Energy industry group

41.66%

Max
71.31%
TRP
41.66%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%
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Antero Resources (AR) vs. TC Energy (TRP): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Antero Resources (AR) and TC Energy (TRP)
MetricARTRP
ROE (TTM)17.39%12.15%
ROA (TTM)7.69%3.70%
Net Margin (TTM)22.98%25.05%
Operating Margin (TTM)29.50%41.66%
Gross Margin (TTM)68.28%70.07%

Growth

Revenue Growth

Antero Resources (AR) at 21.73% sits in the top revenue growth quartile, while TC Energy (TRP) at 10.66% is closer to the peer norm — faster top-line expansion for AR.

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Antero Resources (AR) vs. TC Energy (TRP): 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 TC Energy (TRP) at -26.19%, which is closer to a typical peer reading.

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Antero Resources (AR) vs. TC Energy (TRP): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Antero Resources (AR) and TC Energy (TRP)
MetricARTRP
Revenue Growth (YoY)21.73%10.66%
Revenue Growth (3Y CAGR)-15.47%7.38%
EPS Growth (YoY)1,027.78%-26.19%
EPS Growth (3Y CAGR)-29.41%72.24%

Financial Strength

Current Ratio (MRQ)

Both Antero Resources (AR) at 0.39 and TC Energy (TRP) at 0.57 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

TRP

Energy industry group

0.57

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
TRP
0.57
Min
0.24
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Antero Resources (AR) vs. TC Energy (TRP): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Antero Resources (AR) at 0.54 carries an industry-typical debt-to-equity mix, while TC Energy (TRP) at 1.68 uses more debt funding than most peers.

AR

Energy industry group

0.54

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

TRP

Energy industry group

1.68

Max
1.75
TRP
1.68
Q3
0.93
Median
0.54
Q1
0.30
Min
0.00
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Antero Resources (AR) vs. TC Energy (TRP): 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 TC Energy (TRP)
MetricARTRP
Current Ratio (MRQ)0.390.57
Debt / Equity (MRQ)0.541.68
Net Debt / EBITDA--6.08

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 TC Energy (TRP) reports a yield of 5.57%, 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%

TRP

Energy industry group

5.57%

Max
8.57%
TRP
5.57%
Q3
3.58%
Median
1.71%
Q1
0.00%
Min
0.00%
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Antero Resources (AR) vs. TC Energy (TRP): 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 TC Energy (TRP) reports a payout of 93.87%, 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%

TRP

Energy industry group

93.87%

Max
133.24%
TRP
93.87%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%
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Antero Resources (AR) vs. TC Energy (TRP): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Antero Resources (AR) and TC Energy (TRP)
MetricARTRP
Dividend Yield (TTM)0.00%5.57%
Dividend Payout Ratio (TTM)0.00%93.87%

Valuation

P/E Ratio (TTM)

Antero Resources (AR) at 8.14 is near its industry’s usual P/E ratio, while TC Energy (TRP) at 23.19 sits in the richer quartile — TRP needs stronger growth or earnings quality to justify the premium.

AR

Energy industry group

8.14

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

TRP

Energy industry group

23.19

Max
39.54
TRP
23.19
Q3
21.72
Median
12.19
Q1
7.71
Min
2.99
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Antero Resources (AR) vs. TC Energy (TRP): 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 TC Energy (TRP) at 4.03 sits in the pricier quartile — TRP 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

TRP

Energy industry group

4.03

Max
5.40
TRP
4.03
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00
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Antero Resources (AR) vs. TC Energy (TRP): 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 TC Energy (TRP) at 3.54 carries an above-peer premium to book — TRP 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

TRP

Energy industry group

3.54

Max
4.21
TRP
3.54
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01
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Antero Resources (AR) vs. TC Energy (TRP): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Antero Resources (AR) and TC Energy (TRP)
MetricARTRP
P/E Ratio (TTM)8.1423.19
P/S Ratio (TTM)1.854.03
P/B Ratio (MRQ)1.283.54
Free Cash Flow Yield (TTM)2.37%0.77%