Thursday, July 17, 2014

Antero Resources Corp: More Growth Than You'd Believe


The amount of long-term growth forecasted by Antero Resources Corporation (NYSE: AR  ) is almost unheard of outside of social media stocks, especially for a company with a greater than $15 billion market cap. The Marcellus and Utica Shale natural gas exploration and production firm is probably mostly unknown by investors after going public last October.

Despite production growth rates of over 100% and heading toward nearly 950 MMcfe/d during 2014, the company continues to forecast growth rates in excess of 50% in both 2015 and 2016. At this point, Antero appears to be overcoming the infrastructure bottlenecks that have disturbed Marcellus production by Cabot Oil & Gas (NYSE: COG  ) and Utica growth at Gulfport Energy Corp (NASDAQ: GPOR  ). The biggest question is whether the growth at Antero can be maintained as guided.

Read the full article here.


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