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Antero Resources (Antero Resources) Enterprise Value

: $13,370 Mil (As of Today)
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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Antero Resources's Enterprise Value is $13,370 Mil. Antero Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $536 Mil. Therefore, Antero Resources's EV-to-EBIT ratio for today is 24.96.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Antero Resources's Enterprise Value is $13,370 Mil. Antero Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,229 Mil. Therefore, Antero Resources's EV-to-EBITDA ratio for today is 10.88.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Antero Resources's Enterprise Value is $13,370 Mil. Antero Resources's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $4,279 Mil. Therefore, Antero Resources's EV-to-Revenue ratio for today is 3.12.


Antero Resources Enterprise Value Historical Data

The historical data trend for Antero Resources's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Antero Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,491.30 7,403.23 11,348.61 14,107.72 11,623.18

Antero Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,107.72 11,887.50 11,917.66 12,599.16 11,623.18

Competitive Comparison

For the Oil & Gas E&P subindustry, Antero Resources's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Antero Resources Enterprise Value Distribution

For the Oil & Gas industry and Energy sector, Antero Resources's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Antero Resources's Enterprise Value falls into.



Antero Resources Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Antero Resources's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Antero Resources's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Antero Resources  (NYSE:AR) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Antero Resources's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13370.292/535.708
=24.96

Antero Resources's current Enterprise Value is $13,370 Mil.
Antero Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $536 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Antero Resources's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=13370.292/1228.918
=10.88

Antero Resources's current Enterprise Value is $13,370 Mil.
Antero Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,229 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Antero Resources's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=13370.292/4278.974
=3.12

Antero Resources's current Enterprise Value is $13,370 Mil.
Antero Resources's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,279 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Antero Resources Enterprise Value Related Terms

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Antero Resources (Antero Resources) Business Description

Traded in Other Exchanges
Address
1615 Wynkoop Street, Denver, CO, USA, 80202
Antero Resources, based in Denver, engages in the exploration for and production of natural gas and natural gas liquids in the United States and Canada. At the end of 2022, the company reported proven reserves of 17.8 trillion cubic feet of natural gas equivalent. Production averaged approximately 3,205 million cubic feet of equivalent a day in 2022 at a ratio of 32% liquids and 68% natural gas.
Executives
Sheri Pearce officer: See Remarks 1615 WYNKOOP ST., DENVER CO 80202
Michael N. Kennedy officer: Senior Vice President Finance 707 - 17TH STREET, SUITE 3600, DENVER CO 80202
Keenan W Howard Jr director 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Robert J Clark director 1401 17TH STREET, SUITE 1200, DENVER CO 80202
W Patrick Ash officer: See Remarks 400 N. SAM HOUSTON PARKWAY E. SUITE 1200, HOUSTON TX 77060
Yvette K Schultz officer: See Remarks. 1615 WYNKOOP STREET, DENVER CO 80202
Brenda R Schroer director 600 W. ILLINOIS AVENUE, ONE CONCHO CENTER, MIDLAND TX 79701
Jacqueline C Mutschler director 2000 ST. JAMES PLACE, HOUSTON TX 77056
Vicky Sutil director 10889 WILSHIRE BLVD., LOS ANGELES CA 90024
Tyree Thomas B Jr director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Warburg Pincus Llc 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
James R. Levy director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Private Equity X O&g, L.p. director, 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Peter Kagan director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Paul M Rady director, officer: See Remarks 1625 17TH STREET, DENVER CO 80202

Antero Resources (Antero Resources) Headlines