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Antero Resources Corp T.AR


Primary Symbol: AR

Antero Resources Corporation is an independent natural gas and natural gas liquids (NGLs) company. The Company is engaged in the acquisition, development and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to economically develop and produce natural gas, NGLs and oil from unconventional formations. The Company operates through three segments: the exploration, development, and production of natural gas, NGLs and oil; marketing of excess firm transportation capacity; and midstream services through its equity method investment in Antero Midstream Corporation (Antero Midstream). The Company holds approximately 515,000 net acres of natural gas, NGLs and oil properties located in the Appalachian Basin, primarily in West Virginia and Ohio.


NYSE:AR - Post by User

Bullboard Posts
Comment by MikeySwooshon Jan 12, 2016 11:28am
221 Views
Post# 24449787

RE:Debt

RE:DebtArgonaut paid roughly $20M earlier this year to square the acquisition of San Agustin, which brought their cash balance from approximately $64M to $44M, but that's the extent of money owing from project acquisitions. Current assets less ALL liabilities at the end of Q3 was roughly $32M. That's still amounts to net C$0.29/share of cash, and values ounces in the ground currently at only C$0.70/share, or roughly C$110M. Considering Argonaut had almost US$700M of reserves on the books at the end of Q3, that suggests some pretty good value! GLTA   
Bullboard Posts