On October 17, Antero Resources rose 5.23% in Regular Trading, trading at $38.335 per share, with turnover of $106 million.
The move coincided with a mechanical failure and force majeure event on the Mountaineer XPress pipeline, a key Appalachian gas takeaway route, which briefly heightened market concerns over Eastern US natural gas supply disruptions.
Supporting context shows UBS on October 6 lowered its price target on Antero Resources to $54 from $58 while maintaining a Buy rating. The company also reported second-quarter diluted EPS of $0.90 and revenue of $1.56 billion, both above market expectations, and its next earnings release is expected on October 28.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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