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.

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Antero Resources Corp > Buying in at these prices...too far down

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Comment by rj2020on Feb 28, 2021 2:06pm

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Post# 32681886

RE:RE:RE:RE:RE:RE:RE:RE:Buying in at these prices...too far down

According to Yahoo Finance, Argonaut's book value is $2.62 US, so for the current share price of $1.61 US the price/book ratio is 0.61.

Again, as the current share price reflects capitalization, instead the enterprise value which is a better indicator, Argonaut is currently selling for less than 50%.

Recent analysis by Cannacord puts the Argonaut's NAV at $1.321 M CAD (slightly over $1,000 M US). This translates into share price of $4.49 CAD.

https://thedeepdive.ca/argonaut-gold-analysts-upgrade-following-close-of-financing/

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