ANALYSTS WARNS OF SHORTING INTO EARNINGS Antero Resources, Range Resources analyst commentary at Stifel Short-selling Antero into earnings 'could be quite risky,' says Stifel. Stifel analyst Jane Trotsenko said investors could be inclined to short Antero Resources (AR) and Range Resources (RRC) given that Mt. Belvieu, Texas NGL prices are down 15% per barrel quarter-over-quarter. However, the analyst, who is projecting a production beat and "very healthy natural gas price realizations" from Antero thinks short-selling the stock into the earnings "could be quite risky," she tells investors in a research note. Antero also plans to update guidance with its Q2 report, "which makes this quarter particularly tricky," added Trotsenko, who keeps a Buy rating on the stock
COMPANY PROFILE Antero Resources Corp. is an independent oil and natural gas company, which engages in the exploration, development and acquisition of natural gas, natural gas liquids and oil properties located in the Appalachian Basin. It also focuses on unconventional reservoirs, which can generally be characterized as fractured shales formations. The company was founded by Paul M. Rady and Glen C. Warren, Jr. in June 2002 and is headquartered in Denver, CO.