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Antero ResourcesFRA:7A6 -0.03%74 Altman Z-Score is 1.71 as of Jul. 26, 2026, which is 74% above its 10-year median of 0.98. GuruFocus rates FRA:7A6 with a GF Score™ of 74/100 and a GF Value™ of €37.19 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 896 Oil & Gas companies, Antero Resources ranks worse than 55.13% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Warning Sign:
Altman Z-score of 1.7 is in distress zone. This implies bankruptcy possibility in the next two years.
Antero Resources has a Altman Z-Score of 1.71, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Antero Resources's Altman Z-Score or its related term are showing as below:
FRA:7A6'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.35 Med: 0.98 Max: 2.01
Current: 1.7
During the past 13 years, Antero Resources's highest Altman Z-Score was 2.01. The lowest was -0.35. And the median was 0.98.
Antero Resources (FRA:7A6) Altman Z-Score Explanation
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
Antero Resources Altman Z-Score Related Terms
Antero Resources Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Antero Resources's Altman Z-Score 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.
FRA:7A6 vs APA, RRC, OVV: Altman Z-Score Comparison
For the Oil & Gas E&P subindustry, Antero Resources's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Antero Resources's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Antero Resources's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Antero Resources's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
-0.0661
+
1.4
*
0.1445
+
3.3
*
0.0913
+
0.6
*
1.5588
+
1.0
*
0.3553
=
1.71
* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Antero Resources (FRA:7A6) has a Altman Z-Score of 1.71 as of Jul. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Antero Resources and its competitors. This is 74% above median its historical median of 0.98. According to the industry distribution chart, Antero Resources ranks #494 out of 896 companies in the Oil & Gas industry, placing it in the top 55.1%.
Is Antero Resources' Altman Z-Score too high?
Antero Resources' current Altman Z-Score of 1.71 is 74% above median its 10-year median of 0.98. The Oil & Gas industry median Altman Z-Score is 1.93. Antero Resources' value of 1.71 is 11.4% below this industry median. Based on the distribution chart, Antero Resources ranks #494 out of 896 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Antero Resources has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Antero Resources' Altman Z-Score compare to APA and RRC?
According to the Oil & Gas industry distribution chart, Antero Resources ranks #494 out of 896 companies for Altman Z-Score. This places Antero Resources in the lower half of its industry. The industry median Altman Z-Score is 1.93. Antero Resources' value of 1.71 is 11.4% below this benchmark. While the company's 10-year median is 0.98 vs. the industry median of 1.93, Antero Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.93, based on 896 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antero Resources's current Altman Z-Score of 1.71 is 11.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Antero Resources and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Resources's current Altman Z-Score is 1.71, which is 74% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antero Resources stock overvalued right now?
Based on GuruFocus' analysis, Antero Resources (FRA:7A6) is currently considered Modestly Undervalued. The stock's GF Value™ is €37.19, compared to a current price of €30.21 — trading 18.8% below its estimated fair value. The current Altman Z-Score is 1.71, which is 74% above median its 10-year median of 0.98 and 11.4% below the Oil & Gas industry median of 1.93. Antero Resources' overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Antero Resources (FRA:7A6), the current Altman Z-Score is 1.71 as of Jul. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Antero Resources (FRA:7A6) Overvalued in 2026?
Based on GuruFocus' analysis, Antero Resources stock appears to be undervalued.
The current stock price of €30.21 is trading 18.8% below its estimated GF Value™ of €37.19.
GuruFocus considers Antero Resources to be Modestly Undervalued.
Key valuation signals for FRA:7A6:
Altman Z-Score: 1.71 (74% above median its 10-year median of 0.98)
GF Value™: €37.19 vs. price of €30.21 (18.8% below fair value)
Industry Position: 11.4% below the Oil & Gas median (#494 of 896)
No single metric tells the full story. See the FRA:7A6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Antero Resources is an exploration and production firm whose operations represent a pure play in the Marcellus Shale, located in northern West Virginia. The company started in 2002 as an E&P focused on the Barnett Shale (Fort Worth, Texas). Antero redefined itself in Appalachia's Marcellus Shale in 2005. In 2012, shortly before Antero's 2013 IPO, Antero Midstream Partners was formed to handle the company's rapidly growing gas volumes. In 2026, the firm narrowed its focus further by selling its Ohio Utica assets and using the proceeds to acquire additional Marcellus acreage from HG Energy. Just over half of its production and earning power is tied to natural gas, with the remainder mostly NGLs, where it holds a leading position, and some crude oil.
74GF Score
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