Antero Income Statement Research

AR Stock  USD 29.00  0.28  0.97%   
Most accounts from Antero Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Antero Resources Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Antero Resources Valuation and Antero Resources Correlation analysis.
  
At this time, Antero Resources' Income Tax Expense is relatively stable compared to the past year. As of 03/28/2024, Net Income Applicable To Common Shares is likely to grow to about 1.8 B, while Selling General Administrative is likely to drop slightly above 201.4 M.
Most accounts from Antero Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Antero Resources Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Antero Resources Valuation and Antero Resources Correlation analysis.
At this time, Antero Resources' Income Tax Expense is relatively stable compared to the past year. As of 03/28/2024, Net Income Applicable To Common Shares is likely to grow to about 1.8 B, while Selling General Administrative is likely to drop slightly above 201.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense181.9M125.4M117.9M190.3M
Depreciation And Amortization745.8M685.2M693.2M638.4M

Antero Resources income statement Correlations

0.850.410.620.210.860.00.120.360.820.72-0.2-0.31-0.17-0.37-0.03-0.350.18-0.080.80.44-0.770.060.210.12
0.850.50.22-0.070.48-0.2-0.160.050.420.81-0.270.0-0.27-0.41-0.13-0.390.00.040.630.59-0.710.3-0.240.39
0.410.50.150.050.260.0-0.040.060.190.840.050.140.040.020.14-0.07-0.03-0.090.130.18-0.18-0.02-0.030.02
0.620.220.150.840.860.60.80.90.870.260.27-0.730.310.020.4-0.050.34-0.130.730.23-0.33-0.440.67-0.4
0.21-0.070.050.840.440.860.990.990.460.030.59-0.650.620.330.670.10.230.00.450.270.09-0.530.52-0.47
0.860.480.260.860.440.190.380.571.00.47-0.1-0.57-0.06-0.260.04-0.210.35-0.20.780.17-0.64-0.20.59-0.19
0.0-0.20.00.60.860.190.870.820.21-0.10.85-0.250.850.680.860.230.090.090.140.090.43-0.50.38-0.49
0.12-0.16-0.040.80.990.380.870.970.41-0.080.6-0.650.640.340.670.150.220.00.40.220.14-0.560.52-0.5
0.360.050.060.90.990.570.820.970.580.10.52-0.680.560.230.630.060.25-0.020.570.31-0.05-0.520.54-0.44
0.820.420.190.870.461.00.210.410.580.39-0.1-0.6-0.05-0.250.04-0.170.35-0.210.770.13-0.62-0.240.63-0.23
0.720.810.840.260.030.47-0.1-0.080.10.39-0.090.05-0.11-0.150.02-0.450.120.00.430.46-0.440.28-0.130.32
-0.2-0.270.050.270.59-0.10.850.60.52-0.1-0.090.220.960.870.970.180.07-0.07-0.24-0.010.67-0.410.23-0.43
-0.310.00.14-0.73-0.65-0.57-0.25-0.65-0.68-0.60.050.220.140.380.11-0.02-0.23-0.04-0.68-0.20.430.31-0.460.24
-0.17-0.270.040.310.62-0.060.850.640.56-0.05-0.110.960.140.770.970.20.09-0.02-0.20.010.58-0.40.25-0.46
-0.37-0.410.020.020.33-0.260.680.340.23-0.25-0.150.870.380.770.730.150.01-0.04-0.4-0.250.86-0.270.15-0.3
-0.03-0.130.140.40.670.040.860.670.630.040.020.970.110.970.730.160.09-0.05-0.10.120.49-0.430.26-0.44
-0.35-0.39-0.07-0.050.1-0.210.230.150.06-0.17-0.450.18-0.020.20.150.16-0.64-0.2-0.29-0.360.2-0.730.3-0.61
0.180.0-0.030.340.230.350.090.220.250.350.120.07-0.230.090.010.09-0.64-0.240.32-0.11-0.070.150.36-0.13
-0.080.04-0.09-0.130.0-0.20.090.0-0.02-0.210.0-0.07-0.04-0.02-0.04-0.05-0.2-0.24-0.110.490.090.56-0.660.64
0.80.630.130.730.450.780.140.40.570.770.43-0.24-0.68-0.2-0.4-0.1-0.290.32-0.110.44-0.69-0.120.32-0.02
0.440.590.180.230.270.170.090.220.310.130.46-0.01-0.20.01-0.250.12-0.36-0.110.490.44-0.330.27-0.480.59
-0.77-0.71-0.18-0.330.09-0.640.430.14-0.05-0.62-0.440.670.430.580.860.490.2-0.070.09-0.69-0.33-0.13-0.09-0.16
0.060.3-0.02-0.44-0.53-0.2-0.5-0.56-0.52-0.240.28-0.410.31-0.4-0.27-0.43-0.730.150.56-0.120.27-0.13-0.710.85
0.21-0.24-0.030.670.520.590.380.520.540.63-0.130.23-0.460.250.150.260.30.36-0.660.32-0.48-0.09-0.71-0.84
0.120.390.02-0.4-0.47-0.19-0.49-0.5-0.44-0.230.32-0.430.24-0.46-0.3-0.44-0.61-0.130.64-0.020.59-0.160.85-0.84
Click cells to compare fundamentals

Antero Resources Account Relationship Matchups

Antero Resources income statement Accounts

201920202021202220232024 (projected)
Interest Expense228.1M199.9M181.9M125.4M117.9M190.3M
Total Revenue3.6B3.1B5.8B8.3B4.5B3.0B
Gross Profit316.0M(514.4M)2.3B4.6B615.1M789.4M
Operating Income(139.0M)(864.9M)2.1B4.4B390.3M370.8M
Ebit(139.0M)(864.9M)2.1B4.4B390.3M493.8M
Ebitda779.6M430K2.8B5.1B1.1B1.1B
Cost Of Revenue3.3B3.6B3.5B3.7B3.9B2.2B
Income Before Tax(367.2M)(1.7B)(228.2M)2.5B417.8M438.7M
Net Income(293.1M)(1.3B)(154.1M)1.9B242.9M136.3M
Income Tax Expense(74.1M)(397.5M)(74.1M)448.7M76.0M79.8M
Non Recurring(1.3B)223.8M90.5M149.7M134.8M141.5M
Minority Interest47.0M7.5M32.8M127.2M(98.9M)(94.0M)
Tax Provision(74.1M)(397.5M)(74.1M)448.7M76.0M79.8M
Interest Income480.1M262.5M104.8M53.0M47.7M45.4M
Net Interest Income(228.1M)(199.9M)(181.9M)(125.4M)(117.9M)(123.8M)

Pair Trading with Antero Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Antero Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Antero Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Antero Stock

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Moving against Antero Stock

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The ability to find closely correlated positions to Antero Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Antero Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Antero Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Antero Resources Corp to buy it.
The correlation of Antero Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Antero Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Antero Resources Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Antero Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Antero Resources Corp is a strong investment it is important to analyze Antero Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Antero Resources' future performance. For an informed investment choice regarding Antero Stock, refer to the following important reports:

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Is Antero Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Antero Resources. If investors know Antero will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Antero Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Earnings Share
0.78
Revenue Per Share
14.961
Quarterly Revenue Growth
(0.39)
Return On Assets
0.0228
The market value of Antero Resources Corp is measured differently than its book value, which is the value of Antero that is recorded on the company's balance sheet. Investors also form their own opinion of Antero Resources' value that differs from its market value or its book value, called intrinsic value, which is Antero Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Antero Resources' market value can be influenced by many factors that don't directly affect Antero Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Antero Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Antero Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antero Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.