Antero Resources Corporation is an independent company in the natural gas and natural gas liquids sector. It has been given a neutral rating by UBS.
The company focuses on acquiring, developing, and producing unconventional properties in the Appalachian Basin, specifically in West Virginia and Ohio. Antero utilizes horizontal drilling and advanced fracture stimulation technologies to extract natural gas, NGLs, and oil from unconventional formations.
The company operates through three main segments: exploration, development, and production of natural gas, NGLs, and oil; marketing of excess firm transportation capacity; and midstream services through its investment in Antero Midstream Corporation. Antero owns approximately 515,000 acres of natural gas, NGL, and oil properties in the region, establishing itself as a significant player in the energy market.