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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 Jan 03, 2023 2:34pm
255 Views
Post# 35201254

Gold Up AND USD Up!! HIGHLY UNUSUAL DAY!!!!

Gold Up AND USD Up!! HIGHLY UNUSUAL DAY!!!!This post is related to the gold price only.  You have a bunch of major currencies selling off against a surging USD, and at the same time you have gold ripping up! This is highly unusual. Something has to give here unless we have entered a new paradigm and I don't think we have. Either the USD sells off tomorrow on the FED minutes or I think gold is going to have a major correction. Basically you have FX traders and gold traders completely dissengaging from each other. Some see gold breaking out today, but I still see it in a tight ascending wedge pattern which is generally very bearish in the end. But who knows what will happen. For the record I am not buying or selling into this strange day! For now enjoying the AR price action, but not counting my chickens that gold is out of the woods yet! Just my opinion. Good luck to all. 
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