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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

Comment by Phatboy2on Dec 14, 2021 10:15am
323 Views
Post# 34228557

RE:Lies

RE:LiesMaybe re-read the release before lighting your hair in fire. 800 million total cost. AR has already invested $342 and have $290 in cash and convenants. That leaves $168 million to finance - the majority of which will likely be covered from 2022 cash flow.
   I hate that news release.  It looks like it was constructed to make as big a negative impact as possible - almost like stock shorters wrote it. They should sack their communication dept. instead of Dougherty. That NR did more damage to the market cap of AR than the cost overruns.
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