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Why Antero Resources Jumped 31% in September

Rich Duprey, The Motley Fool
·2-min read
Why Antero Resources Jumped 31% in September

Shares of Antero Resources (NYSE: AR) jumped 37.1% for the month of September, according to data provided by S&P Global Market Intelligence, as conditions for natural gas exploration and production (E&P) stocks continued to improve. Rising demand, tight supplies, and surging prices all conspired to lift Antero's stock higher. Gas prices were at record levels by the end of September and inventories here and abroad were depressed even as Hurricane Ida hampered production capabilities along the Gulf Coast.

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