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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

Post by crazytimeson Jun 09, 2022 11:56am
218 Views
Post# 34743827

I'm In! What a deal!

I'm In! What a deal!In my opinion the entire market cap is now less than current rescent sunk costs on Magino which is apparently half complete. Current share price not giving any value to other current mines. No value to Magino upside. They only have about 330 million shares outstanding. Yamana has 960 million! Kinross has 1.3 billion etc. With Magino running Argonaut will be a force and even with a little dilution should be trading multiples higher than here. Looks like they only need approx. an extra unexpected $100 mill due to rescent price increase that caused the share price to collapse. I think this is totally manageable in many ways. Regardless, if something doesn't happen soon this probably gets taken out for Magino alone, with the rest for free. Either way many multiples more upside than downside from here. Just my opinion. 
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