ANTERO RESOURCES CORP (NYSE:AR) – A Strong Growth Candidate Meeting Minervini’s Criteria

ANTERO RESOURCES CORP (NYSE:AR) has been identified as a high-growth momentum stock that aligns with Mark Minervini’s Trend Template. The company, which focuses on natural gas and oil production in the Appalachian Basin, demonstrates strong technical and fundamental characteristics that make it a compelling candidate for growth investors.

Why AR Fits the Minervini Trend Template

Minervini’s strategy emphasizes stocks in strong uptrends with improving fundamentals. AR meets several key technical criteria:

• Price Above Key Moving Averages: AR trades at $43.78, well above its 50-day ($37.56), 150-day ($36.64), and 200-day ($34.37) moving averages.
• Upward-Trending Averages: Both the 150-day and 200-day moving averages are rising, confirming long-term strength.
• Relative Strength: With a ChartMill Relative Strength (CRS) of 86.53, AR outperforms 86% of all stocks.
• Near 52-Week High: The stock is trading within 0.5% of its 52-week high ($44.02), indicating strong momentum.
• Positive Trends: The short-term and long-term trends are both bullish, reinforcing the stock’s upward trajectory.

High Growth Momentum Fundamentals

Beyond technical strength, AR exhibits strong growth metrics:

• Earnings Growth: EPS surged 1,014% year-over-year in the latest quarter, with TTM EPS growth at 950%.
• Revenue Growth: Quarterly sales grew 21.6%, while full-year revenue revisions improved by 1.17% over the past three months.
• Profit Margin Expansion: The latest quarter’s profit margin improved to 15.37%, up from 9.15% in the prior quarter.
• Analyst Upgrades: EPS estimates for the next fiscal year have been revised upward by 2.61% in the last three months.

Technical Outlook

According to ChartMill’s technical report, AR scores a perfect 10 out of 10 for technical health, reflecting its strong trend and market leadership. However, the setup rating of 3 suggests waiting for a consolidation before entering, as recent volatility may present a better risk-reward opportunity later.

For a deeper technical breakdown, review the full technical analysis report here.

Our High Growth Momentum + Trend Template screener lists more stocks meeting these criteria and is updated daily.

Disclaimer

This is not investment advice. The observations are based on current data, but investors should conduct their own analysis before making decisions.