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Sheri Pearce, Senior Vice President - Accounting and Chief Accounting Officer at Antero Resources Corp (NYSE:AR), recently sold shares of the company. According to a recent SEC filing, Pearce disposed of 9,830 shares of common stock at a price of $35.60 per share, amounting to a total transaction value of $349,948. The sale comes as AR’s stock shows significant momentum, with a 7.67% return over the past week and the current stock price at $36.37. InvestingPro analysis indicates the stock is trading at a notably high P/E ratio of 195.46. After this transaction, Pearce retains ownership of 81,887 shares, which includes 76,887 shares subject to service-based vesting from previously granted restricted stock unit awards. This sale was reported on March 13, 2025, and took place on March 12, 2025. With analyst price targets ranging from $24 to $63, investors seeking deeper insights can access comprehensive analysis and additional ProTips through InvestingPro’s detailed research reports.
In other recent news, Antero Resources Corp announced a significant earnings surprise for the fourth quarter of 2024, reporting earnings per share (EPS) of $0.48, which exceeded the analyst forecast of $0.31. Despite a slight revenue shortfall, with revenues reported at $1.17 billion against a forecast of $1.18 billion, the company’s strong operational performance was highlighted by improved drilling efficiency and higher production levels. Antero Resources forecasts over $1.6 billion in free cash flow for 2025, with plans to reduce debt by approximately $500 million. The company also expects to maintain flat production with a slight increase of 50 million cubic feet per day. Analysts have noted Antero Resources’ effective cost management and operational improvements as key factors in its earnings performance. The company has also projected higher premiums in 2026, attributed to expanding LNG facilities. These developments reflect recent advancements and strategic planning by Antero Resources to enhance its financial and operational standing.
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