Antero Resources Corp T.AR

Primary Symbol: AR

Energy Oil & Gas E&P

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.

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Antero Resources Corp > Hostile takeover?

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Comment by ARGONAUTGOLDon Feb 26, 2024 10:27pm

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Post# 35900589

RE:Hostile takeover?

I checked their books and found that they have $338 million in working capital. Their earnings are impressive, but their capital expenditure for 2024 is projected to be $431 million. The enterprise value of Argonaut Gold is $591.43 million, which is equivalent to CA$798.43 million.

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