Antero Resources Corp T.AR

Primary Symbol: AR

Energy Oil & Gas E&P

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

Antero Resources Corp

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Comment by pppon Jan 17, 2020 3:00pm

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Post# 30566367

RE:RE:RE:1560 Gold and AR is 1.72 LOL

From q3

Cash and cash equivalents was $35.6 million as at September 30, 2019 (June 30, 2019 - $23.9 million; December 31, 2018 - $15.4 million).
Net cash was $21.6 million as at September 30, 2019 (June 30, 2019 - $9.9 million; December 31, 2018 - $2.4 million). See “Non-IFRS Measures” section.

Todays PR

During the fourth quarter 2019, the company increased its cash balance by $3.2-million while also paying down $4.0-million on its revolving credit facility. At Dec. 31, 2019, the company's cash balance was $38.8-million and it had $10.0-million drawn on its revolving credit facility, representing a net cash increase of $7.2-million during the fourth quarter.

One of the posters a while back stated they added 7 mil to their debt not true
they had 14 mil in q3 10 mil now

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