Antero Resources Prices $750 Million Senior Unsecured Notes Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: PRnewswire
- Bond Offering Size: Antero Resources Corporation announced the pricing of $750 million in 5.40% senior unsecured notes at an initial price of 99.869%, expected to close on January 28, 2026, demonstrating the company's strong capital market financing capability.
- Net Proceeds Expectation: The company estimates net proceeds of approximately $743 million after deducting underwriters' discounts and expenses, which will partially fund the HG Acquisition, enhancing its market position in the natural gas sector.
- Compliance and Transparency: The offering is made pursuant to an effective shelf registration statement and prospectus, ensuring compliance with Section 10 of the Securities Act of 1933, reflecting the company's commitment to compliance and transparency.
- Market Risk Advisory: Antero Resources cautions investors that forward-looking statements are subject to various risks and uncertainties, including the anticipated timeline and conditions for the completion of acquisition transactions, which could significantly impact the company's financial condition.
Analyst Views on AR
Wall Street analysts forecast AR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AR is 43.79 USD with a low forecast of 34.00 USD and a high forecast of 58.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
12 Buy
3 Hold
0 Sell
Strong Buy
Current: 32.330
Low
34.00
Averages
43.79
High
58.00
Current: 32.330
Low
34.00
Averages
43.79
High
58.00
About AR
Antero Resources Corporation is an independent natural gas and natural gas liquids (NGLs) company. The Company is engaged in the acquisition, development and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; marketing of excess firm transportation capacity, and midstream services through its equity method investment in Antero Midstream. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to economically develop and produce natural gas, NGLs and oil from unconventional formations. The Company holds approximately 521,000 net acres of natural gas, NGLs and oil properties located in the Appalachian Basin primarily in West Virginia and Ohio.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
