BMO Capital analyst Phillip Jungwirth maintains $Antero Resources (AR.US)$ with a hold rating, and adjusts the target price from $28 to $34.
According to TipRanks data, the analyst has a success rate of 41.3% and a total average return of 2.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Antero Resources (AR.US)$'s main analysts recently are as follows:
Estimates for the integrated oil and exploration and production sector have been adjusted to account for a decrease in oil price forecasts, impacting figures for 2025 and 2026. Despite a recent pullback in the sector, the underlying fundamentals and operational momentum of companies are perceived to be strong, suggesting a positive skew in risk/reward prospects.
The firm is revising its estimates for the North American Oil and Gas group, U.S. refiners, and Canadian oilfield services companies. This comes after observing a plunge in crude prices in September, with the expectation that prices will stay near current levels throughout the remainder of the year.
Note:
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