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.

NYSE:AR - Post by User

Antero Resources Corp > Not a Done Deal

<< Previous

Bullboard Posts

Next >>

Comment by Lifexprton Mar 28, 2024 4:52pm

123 Views

Post# 35959071

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Not a Done Deal

Argo you are using quarterly production of 18k oz and annual CapEx in your calculations $17.5 million is the figure for annual CapEx. If you want to annual figures use 71k oz as that's your 2023 production

Quarterly CapEx was $3.5 million, quarterly sales 18.2k oz and quarterly AISC around $1,600

Net realized was $1,907 roughly $300 per ounce of profit

At $2,200 you are at $600 although I am expecting AISC in 2024 not including CapEx of $1,800 for a net profit of $400 per ounce at mid point estimate of 65k oz. Or around $25 million in profit

<< Previous

Bullboard Posts

Next >>

Cannara reports record growth and profitability in Q4 2023