Antero Resources Corp

AR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$21.00	Kgv	Jgljjfgby

Antero Earnings: Stronger-Than-Expected Production Boosts Our Fair Value Estimate by 10%

Stephen Ellis

Oct 26, 2023

Antero Resources’ third-quarter results were quite good, and after incorporating them into our model, we’ve boosted our fair value estimate to $23 per share from $21. The primary driver of the increase is higher expected near-term production. Our no-moat rating is unchanged.

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