Steady Activities: Antero Resources Corporation (NYSE:AR)

February 07, 2017 - Synergy Resources Corporation (SYRG), an oil and gas exploration and production company focused in the Denver-Julesburg Basin, issues its preliminary fourth quarter and year-end December 31, 2016 financial results. The Actual EPS was $0.03 compared to the Estimated EPS of $0.

Investment analysts at Seaport Global Securities boosted their Q1 2017 EPS estimates for Synergy Resources Corporation in a research note issued to investors on Wednesday.

The 26 analysts offering 12-month price forecasts for Antero Resources Corp have a median target of 33.50, with a high estimate of 42.00 and a low estimate of 28.00. The growth estimate for the next five years is 32.37 percent (per annum).

Antero Resources Corporation (NYSE:AR) soared 6% year-to-date.

A number of analysts offered their Estimated Earnings analysis for Antero Resources Corporation (NYSE:AR) for the current quarter. (NYSE:SYX). Analysts are projecting that the stock will reach $14.00 on a short term (1 year) basis. The latest trade was made on 9 Jan 2017 where Director Hardesty Benjamin A did a transaction type "Buy" in which 2813 shares were traded at a price of $0. The company reported $0.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. The High end of the Estimate is $842.05 Million, while the Low end of the Estimate is $651.7 Million. Its sales stood at 53.00% a year on average in the period of last five years. In last trade, the intraday high was $8.72, putting the share price -16.47% below its 52-week high and trades 67.05% higher from the lowest price they have traded at during the previous year.

Synergy Resources Corporation (NYSEMKT:SYRG) showed a growth of 1.88% from the market's prior closing price. It is predicted to add 3% on day 1 and jump 6% on day 7 after the company reports upcoming earnings. After the day trading kicked off at $31.00, the stock was seen approaching $30.95 as its bottom price and $31.25 as its intraday high price. The stock's 50 day moving average is $8.82 and its 200 day moving average is $7.73. The stock hit its 52-Week High on April 28, 2016 and 52-Week Low on Mar 1, 2016. The price moves in Antero Resources Corporation post earnings have produced an average increase of 0.21% and an average decrease of -3.49% on next day and seventh day, sequentially. The stock's price is 8.87 and their relative strength index (RSI) stands at 50.20. Analysts have a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Of them, 0 have a Sell, 5 suggested Buy, 13 said Outperform and 3 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 0 recommends the stock is "underperforming". The highest and lowest price target given by the brokerage firms to the equity are $86 and $51, respectively. The consensus price target of $10.57 also implies significant upside from the current price of $8.87. As the past trend shows, Antero Resources Corporation's stock price has plunged after earnings in 7 of the last 13 quarters. Amalgamated Bank now owns 22,092 shares of the company's stock worth $152,000 after buying an additional 9,601 shares in the last quarter. On 9 Jan 2017 Director Kagan (Peter R) traded 2684 shares as "Buy" at $0.

Laredo Petroleum, Inc. (LPI) recently recorded 0.82 percent change and now at $13.55 is 247.44 percent away from its 52-week low and down -17.73 percent versus its peak.

  • Zachary Reyes