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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 12:46pm
117 Views
Post# 35771280

RE:RE:RE:RE:AR is dead money

RE:RE:RE:RE:AR is dead moneyI almost forgot. Many companies that do reverse splits do them because they know they are going to run out of money before they generate a profit on a regular basis and so know they are going to have to issue more shares. Issuing more shares with 100 shares out at $10 is I think just psychologically an easier sell than 1000 shares out at $1, especially if the prospective new shareholder hasn't done any homework.

Selling more shares with a billion already out I think would be difficult.
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