Antero Resources (NYSE:AR) Has an Incredible Outlook. Should You Buy?
04 November 2022 - 05:04AM
TipRanks
Market conditions are expected to benefit Antero
Resources (NYSE: AR) in the following quarters, as they have
done so far this year. It wrapped up a stellar third quarter, where
its sales shot up over 285% from the prior-year period. Crude oil
and natural gas prices are likely to remain high for the rest of
2022 due to the continuing war in Ukraine, the OPEC+ production
cut, and economic sanctions against Iran. Also, Europe is
slashing Russian energy exports by roughly
two-thirds this year alone, which should have a massive impact
on energy prices. Therefore, Antero remains an attractive bet at
current levels. We are bullish on AR stock.
https://www.tipranks.com/news/article/ar-stock-is-a-buy-on-the-back-of-an-incredible-outlook?utm_source=advfn.com&utm_medium=referral
Antero Resources (NYSE:AR)
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