ANTERO RESOURCES Corp
AR · Crude Petroleum & Natural Gas · 309.8M shares · +0%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $16M (gross $75M, SBC $60M)
Reference price $39.26 · est. market cap ~$12.2B — last insider sale, 2026-05-04 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B72Large, low-cost Appalachian natural gas/NGL producer growing revenue with a conservative balance sheet.
Strengths
- Revenue +22% (77th), operating margin 16.7% (62nd), OCF margin 30.9% and low debt/equity 0.185 (33rd)
- Scale (~537k net acres, 19.1 Tcfe proved) and Antero Midstream integration plus accretive HG acquisition
Risks
- Commodity price exposure and current ratio 0.55 (26th) liquidity tightness
- Large debt-funded acquisition and customer-concentration/transportation dependencies
Notable findings
- Weak liquidityCurrent ratio 0.55 (<1)
- Insider sellingInsider selling — 8 open-market sale(s) by 4 insider(s) (cluster of 4 insiders, ~$11M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
16.7%
Net margin
12.8%
Return on equity
8.9%
Return on assets
5.1%
ROIC
7.8%
Revenue growth (QoQ)
37.8%
Net-income growth
619.9%
Debt / equity
0.2×
Current ratio
0.6×
EBITDA
$1.6B
Tangible book value
$7.6B
Stock comp / revenue
1.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-04 | Schultz Yvette K | Sell | 549 | $39.76 |
| 2026-05-04 | Kennedy Michael N. | Sell | 171K | $39.31 |
| 2026-05-04 | Schultz Yvette K | Sell | 39K | $39.26 |
| 2026-05-04 | Kennedy Michael N. | Sell | 15K | $39.61 |
| 2026-04-10 | Mutschler Jacqueline C | Grant | 1.4K | — |
| 2026-04-10 | Schroer Brenda R | Grant | 1.4K | — |
| 2026-04-10 | Hardesty Benjamin A. | Grant | 1.9K | — |
| 2026-04-10 | Munoz Jeffrey S. | Grant | 1.4K | — |
| 2026-04-10 | Sutil Vicky | Grant | 1.4K | — |
| 2026-04-10 | Tyree Thomas B JR | Grant | 1.4K | — |
| 2026-04-10 | Keenan W Howard JR | Grant | 1.4K | — |
| 2026-03-19 | Hardesty Benjamin A. | Sell | 12K | $44.00 |
| 2026-03-16 | Krueger Brendan E. | Option exercise | 5.1K | — |
| 2026-03-16 | Schultz Yvette K | Option exercise | 6.4K | — |
| 2026-03-16 | Schultz Yvette K | Tax withheld | 8.4K | $41.03 |
| 2026-03-16 | Krueger Brendan E. | Tax withheld | 6.7K | $41.03 |
| 2026-03-16 | Kennedy Michael N. | Option exercise | 11K | — |
| 2026-03-16 | Kennedy Michael N. | Tax withheld | 14K | $41.03 |
| 2026-03-10 | Pearce Sheri | Sell | 20K | $38.13 |
| 2026-03-09 | Schultz Yvette K | Sell | 15K | $39.33 |
| 2026-03-07 | Krueger Brendan E. | Grant | 39K | — |
| 2026-03-07 | Krueger Brendan E. | Tax withheld | 17K | $38.83 |
| 2026-03-07 | Pearce Sheri | Grant | 23K | — |
| 2026-03-07 | Pearce Sheri | Tax withheld | 14K | $38.83 |
| 2026-03-07 | Schultz Yvette K | Grant | 39K | — |
| 2026-03-07 | Schultz Yvette K | Tax withheld | 20K | $38.83 |
| 2026-03-07 | Kennedy Michael N. | Grant | 103K | — |
| 2026-03-07 | Kennedy Michael N. | Tax withheld | 33K | $38.83 |
| 2026-02-27 | Hardesty Benjamin A. | Sell | 12K | $36.00 |
| 2026-02-25 | Schultz Yvette K | Grant | 17K | — |
| 2026-02-25 | Kennedy Michael N. | Grant | 16K | — |
| 2026-02-25 | Kennedy Michael N. | Grant | 28K | — |
| 2026-02-25 | Kennedy Michael N. | Grant | 27K | — |
| 2026-02-25 | Kennedy Michael N. | Grant | 21K | — |
| 2026-02-25 | Kennedy Michael N. | Option exercise | 7.7K | — |
| 2026-02-25 | Kennedy Michael N. | Tax withheld | 74K | $34.41 |
| 2026-02-25 | Krueger Brendan E. | Grant | 10K | — |
| 2026-02-25 | Krueger Brendan E. | Grant | 13K | — |
| 2026-02-25 | Krueger Brendan E. | Grant | 13K | — |
| 2026-02-25 | Krueger Brendan E. | Grant | 13K | — |
| 2026-02-25 | Krueger Brendan E. | Option exercise | 4.7K | — |
| 2026-02-25 | Krueger Brendan E. | Tax withheld | 41K | $34.41 |
| 2026-02-25 | Schultz Yvette K | Grant | 13K | — |
| 2026-02-25 | Schultz Yvette K | Grant | 16K | — |
| 2026-02-25 | Schultz Yvette K | Grant | 13K | — |
| 2026-02-25 | Schultz Yvette K | Option exercise | 5.9K | — |
| 2026-02-25 | Schultz Yvette K | Tax withheld | 50K | $34.41 |
| 2026-02-18 | Hardesty Benjamin A. | Gift | 4.6K | — |
| 2026-01-10 | Schroer Brenda R | Grant | 1.7K | — |
| 2026-01-10 | Hardesty Benjamin A. | Grant | 2.3K | — |
| 2026-01-10 | Keenan W Howard JR | Grant | 1.7K | — |
| 2026-01-10 | Sutil Vicky | Grant | 1.7K | — |
| 2026-01-10 | Mutschler Jacqueline C | Grant | 1.7K | — |
| 2026-01-10 | Tyree Thomas B JR | Grant | 1.7K | — |
| 2026-01-10 | Munoz Jeffrey S. | Grant | 1.7K | — |
| 2025-11-07 | Krueger Brendan E. | Buy | 5.0K | $33.35 |
| 2025-11-07 | Krueger Brendan E. | Buy | 5.0K | $33.35 |
| 2025-11-03 | Hardesty Benjamin A. | Gift | 1.4K | — |
| 2025-10-15 | Schultz Yvette K | Tax withheld | 5.5K | $32.14 |
| 2025-10-15 | Pearce Sheri | Tax withheld | 1.9K | $32.14 |
| 2025-10-15 | Krueger Brendan E. | Tax withheld | 4.4K | $32.14 |
| 2025-10-15 | Kennedy Michael N. | Tax withheld | 7.2K | $32.14 |
| 2025-10-10 | Tyree Thomas B JR | Grant | 1.7K | — |
| 2025-10-10 | Munoz Jeffrey S. | Grant | 1.7K | — |
| 2025-10-10 | Mutschler Jacqueline C | Grant | 1.7K | — |
| 2025-10-10 | Schroer Brenda R | Grant | 1.7K | — |
| 2025-10-10 | Hardesty Benjamin A. | Grant | 2.0K | — |
| 2025-10-10 | Keenan W Howard JR | Grant | 1.7K | — |
| 2025-10-10 | Sutil Vicky | Grant | 1.7K | — |
| 2025-07-10 | Mutschler Jacqueline C | Grant | 1.5K | — |
| 2025-07-10 | Keenan W Howard JR | Grant | 1.5K | — |
| 2025-07-10 | Sutil Vicky | Grant | 1.5K | — |
| 2025-07-10 | Tyree Thomas B JR | Grant | 1.5K | — |
| 2025-07-10 | Munoz Jeffrey S. | Grant | 1.5K | — |
| 2025-07-10 | Schroer Brenda R | Grant | 1.5K | — |
| 2025-07-10 | Hardesty Benjamin A. | Grant | 1.5K | — |
| 2025-05-29 | Hardesty Benjamin A. | Gift | 950 | — |
| 2025-05-16 | Schultz Yvette K | Sell | 25K | $39.86 |
| 2025-05-14 | Keenan W Howard JR | Sell | 38K | $40.32 |
| 2025-05-13 | Keenan W Howard JR | Sell | 583K | $40.60 |
| 2025-05-13 | Keenan W Howard JR | Sell | 479K | $41.09 |
| 2025-05-13 | Pearce Sheri | Sell | 13K | $41.18 |
| 2025-05-06 | Schultz Yvette K | Tax withheld | 8.6K | $35.50 |
| 2025-05-06 | RADY PAUL M | Option exercise | 40K | — |
| 2025-05-06 | RADY PAUL M | Tax withheld | 33K | $35.50 |
| 2025-05-06 | Kennedy Michael N. | Option exercise | 14K | — |
| 2025-05-06 | Kennedy Michael N. | Tax withheld | 11K | $35.50 |
| 2025-05-06 | Schultz Yvette K | Option exercise | 11K | — |
| 2025-04-15 | Schultz Yvette K | Option exercise | 12K | — |
| 2025-04-15 | Pearce Sheri | Tax withheld | 6.0K | $33.10 |
| 2025-04-15 | Kennedy Michael N. | Option exercise | 21K | — |
| 2025-04-15 | Kennedy Michael N. | Option exercise | 20K | — |
| 2025-04-15 | Kennedy Michael N. | Tax withheld | 13K | $33.10 |
| 2025-04-15 | Schultz Yvette K | Option exercise | 13K | — |
| 2025-04-15 | Schultz Yvette K | Tax withheld | 8.1K | $33.10 |
| 2025-04-15 | RADY PAUL M | Option exercise | 48K | — |
| 2025-04-15 | RADY PAUL M | Option exercise | 47K | — |
| 2025-04-15 | RADY PAUL M | Tax withheld | 46K | $33.10 |
| 2025-04-10 | Munoz Jeffrey S. | Grant | 1.7K | — |
| 2025-04-10 | Mutschler Jacqueline C | Grant | 1.7K | — |
| 2025-04-10 | Schroer Brenda R | Grant | 1.7K | — |
| 2025-04-10 | Hardesty Benjamin A. | Grant | 1.7K | — |
| 2025-04-10 | Keenan W Howard JR | Grant | 1.7K | — |
| 2025-04-10 | Sutil Vicky | Grant | 1.7K | — |
| 2025-04-10 | Tyree Thomas B JR | Grant | 1.7K | — |
| 2025-04-10 | CLARK ROBERT J | Grant | 1.7K | — |
| 2025-03-12 | Hardesty Benjamin A. | Gift | 1.5K | — |
| 2025-03-12 | Hardesty Benjamin A. | Gift | 500 | — |
| 2025-03-12 | Hardesty Benjamin A. | Gift | 500 | — |
| 2025-03-12 | Pearce Sheri | Sell | 9.8K | $35.60 |
| 2025-03-07 | RADY PAUL M | Tax withheld | 56K | $33.64 |
| 2025-03-07 | RADY PAUL M | Grant | 148K | — |
| 2025-03-07 | Schultz Yvette K | Grant | 39K | — |
| 2025-03-07 | Schultz Yvette K | Tax withheld | 15K | $33.64 |
| 2025-03-07 | Pearce Sheri | Grant | 26K | — |
| 2025-03-07 | Pearce Sheri | Tax withheld | 9.7K | $33.64 |
| 2025-03-07 | Kennedy Michael N. | Grant | 64K | — |
| 2025-03-07 | Kennedy Michael N. | Tax withheld | 24K | $33.64 |
| 2025-02-25 | Schultz Yvette K | Grant | 11K | — |
| 2025-02-25 | Schultz Yvette K | Tax withheld | 15K | $37.35 |
| 2025-02-25 | Schultz Yvette K | Grant | 11K | — |
| 2025-02-25 | Schultz Yvette K | Grant | 15K | — |
| 2025-02-25 | Schultz Yvette K | Grant | 15K | — |
| 2025-02-25 | Schultz Yvette K | Option exercise | 9.4K | — |
| 2025-02-25 | RADY PAUL M | Grant | 41K | — |
| 2025-02-25 | RADY PAUL M | Tax withheld | 57K | $37.35 |
| 2025-02-25 | RADY PAUL M | Grant | 43K | — |
| 2025-02-25 | RADY PAUL M | Grant | 58K | — |
| 2025-02-25 | RADY PAUL M | Grant | 56K | — |
| 2025-02-25 | RADY PAUL M | Option exercise | 36K | — |
| 2025-02-25 | Kennedy Michael N. | Grant | 14K | — |
| 2025-02-25 | Kennedy Michael N. | Tax withheld | 20K | $37.35 |
| 2025-02-25 | Kennedy Michael N. | Grant | 15K | — |
| 2025-02-25 | Kennedy Michael N. | Grant | 25K | — |
| 2025-02-25 | Kennedy Michael N. | Grant | 24K | — |
| 2025-02-25 | Kennedy Michael N. | Option exercise | 12K | — |
| 2025-02-19 | Mutschler Jacqueline C | Sell | 13K | $40.35 |
| 2025-02-19 | Keenan W Howard JR | Sell | 700K | $40.57 |
| 2025-02-18 | Keenan W Howard JR | Sell | 200K | $39.76 |
| 2025-01-10 | Tyree Thomas B JR | Grant | 1.4K | — |
| 2025-01-10 | Sutil Vicky | Grant | 1.4K | — |
| 2025-01-10 | Keenan W Howard JR | Grant | 1.4K | — |
| 2025-01-10 | Mutschler Jacqueline C | Grant | 1.4K | — |
| 2025-01-10 | Schroer Brenda R | Grant | 1.4K | — |
| 2025-01-10 | Hardesty Benjamin A. | Grant | 1.4K | — |
| 2025-01-10 | CLARK ROBERT J | Grant | 1.4K | — |
| 2025-01-10 | Munoz Jeffrey S. | Grant | 975 | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-23 | 2026-06-23 | 0001104659-26-076641 ↗ |
| 8-K | 2026-06-17 | 2026-06-16 | 0001104659-26-074744 ↗ |
| 8-K | 2026-06-04 | 2026-06-03 | 0001104659-26-070581 ↗ |
| 8-K | 2026-05-12 | 2026-05-12 | 0001104659-26-059013 ↗ |
| 8-K | 2026-04-29 | 2026-04-29 | 0001104659-26-051537 ↗ |
| 10-Q | 2026-04-29 | 2026-03-31 | 0001104659-26-051530 ↗ |
| 8-K/A | 2026-04-17 | 2026-02-03 | 0001104659-26-044934 ↗ |
| 8-K | 2026-03-03 | 2026-03-03 | 0001104659-26-022558 ↗ |
| 8-K | 2026-02-23 | 2026-02-23 | 0001104659-26-018614 ↗ |
| 8-K | 2026-02-11 | 2026-02-11 | 0001104659-26-013420 ↗ |
| 10-K | 2026-02-11 | 2025-12-31 | 0001104659-26-013386 ↗ |
| 8-K | 2026-02-09 | 2026-02-09 | 0001104659-26-012158 ↗ |