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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 ijerryhaleon Dec 06, 2023 12:26pm
107 Views
Post# 35771224

RE:RE:RE:AR is dead money

RE:RE:RE:AR is dead moneyThe market cap of the company would be the same. In other words, if there are 1000 shares of AR out a $1 apiece, the market cap of the company is $1000. Do a 1:10 split there is 100 shares out at $10 apiece. The market cap of the company hasn't changed. Generally one should prefer to own companies that trade above five dollars a share as it you don't have listing problems and don't end up on an over the counter exchange in the US.

Reverse splits aren't in and of themselves bad or good. It is generally the scenario that set up the need for a reverse split that one should look to. Very often it is Canadian commodities companies and US biotech companies and very often that is because they issued shares for cash to do exploration/development and in most cases, when the dust settles, they either don't generate profits on a regular basis - or at all - for long periods of time.
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