Antero Resources Corp T.AR.DB.U

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 > CEO’s Outlook and Personal Investment

<< Previous

Bullboard Posts

Next >>

Comment by Sclarda2on Apr 30, 2024 8:26am

65 Views

Post# 36014287

RE:CEO’s Outlook and Personal Investment

ARGONAUTGOLD wrote:
The company’s CEO, Richard Young, holds a positive outlook for Argonaut Gold's future. He suggests that the stock price could reach or exceed the conversion price of $4, depending on the price of gold before the convertible debt matures on November 30, 2025. Richard Young has personally invested in the company, purchasing 5.2 million common shares on the open market at an average price of .48, totaling $2.5 million. Additionally, Vinnie Young has also invested personally, purchasing 460,000 common shares on the open market at an average price of .51, amounting to $235,000.

It’s a fairly regular occurrence for CEOs and their relatives to purchase their company’s shares in the open market. Such a move is often seen as a display of trust in the company’s future. When a CEO and a family member make a personal investment in the company, it’s seen as a testament to their conviction in the company’s growth potential.