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Jacqueline C. Mutschler, a director at Antero Resources Corp (NYSE:AR), recently sold 12,746 shares of the company’s common stock, according to a recent SEC filing. The shares were sold on February 19 at prices ranging from $40.35 to $40.38, with the total transaction amounting to $514,301. The sale occurred as AR trades near its 52-week high of $41.53, having delivered an impressive 72% return over the past year. InvestingPro data shows the company’s market capitalization stands at $12.32 billion. Following this sale, Mutschler retains ownership of 60,362 shares in the company. For investors seeking deeper insights into AR’s valuation and performance metrics, InvestingPro offers comprehensive analysis through its detailed Pro Research Report, one of 1,400+ available for top US stocks.
In other recent news, Antero Resources reported a significant earnings surprise for the fourth quarter of 2024. The company announced earnings per share (EPS) of $0.48, exceeding analyst expectations of $0.31. However, its revenue came in slightly below forecasts, totaling $1.17 billion against an anticipated $1.18 billion. Despite the revenue miss, Antero Resources projects over $1.6 billion in free cash flow for 2025, with plans to reduce debt by approximately $500 million. The company attributes its earnings beat to improved drilling efficiency and higher production levels, which surpassed initial guidance by 2%. Antero Resources’ operational performance has been supported by maintaining a lean structure with only two rigs and one completion crew. Analyst firms have not issued any upgrades or downgrades following these announcements, but the company’s strategic focus and financial strength have been highlighted by its executives.
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