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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 MikeySwooshon Apr 02, 2024 6:23pm
147 Views
Post# 35966349

RE:FYI

RE:FYIWell, for anyone that is cynical about analysts, it would seem that Mr. Quast either needs to revisit math class or he's trying to create and sell some sort of arbitrage scheme. Given his $26 target price for AGI (and $.40 target for AR), and the 0.0185 share ratio of the proposed transaction, he's ascribing a ($0.08) valuation to the Spinco. Seems logical enough. Anyway, I'm still trying to figure out what to do with my 40K shares of AR. There's likely an arbitrage play somewhere here. If the POG continues to rise, the value of the Spinco does as well, so "in theory" the price of AR should outperform the price of AGI in a rising gold price environment. Perhaps the opposite is true as well. 
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