Advertisement
Singapore markets closed
  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     
  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     
  • Bitcoin USD

    62,905.18
    -1,332.67 (-2.07%)
     
  • CMC Crypto 200

    1,304.48
    -92.06 (-6.59%)
     
  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     
  • Dow

    38,239.66
    +153.86 (+0.40%)
     
  • Nasdaq

    15,927.90
    +316.14 (+2.03%)
     
  • Gold

    2,349.60
    +7.10 (+0.30%)
     
  • Crude Oil

    83.66
    +0.09 (+0.11%)
     
  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     
  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     
  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     
  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Antero Resources: 4Q Earnings Snapshot

DENVER (AP) _ Antero Resources Corp. (AR) on Wednesday reported a loss of $482.2 million in its fourth quarter.

On a per-share basis, the Denver-based company said it had a loss of $1.61. Losses, adjusted for one-time gains and costs, were 2 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The oil and natural gas producer posted revenue of $952.7 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $1.02 billion.

For the year, the company reported that its loss narrowed to $340.1 million, or $1.11 per share. Revenue was reported as $4.41 billion.

ADVERTISEMENT

In the final minutes of trading on Wednesday, the company's shares hit $1.78. A year ago, they were trading at $9.27.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AR at https://www.zacks.com/ap/AR