Antero Resources Corp

AR remains in a Stage 2 advancing regime with a clear medium- and long-term bullish bias. The recent shallow pullback into the rising 9- and 20-period EMAs is holding as support, creating a favorable entry zone that aligns with the Value + EPS strategy. Timing conditions are constructive, with EMAs sloping upward, RSI neutral, and options flow balanced. Continued support at the 20-EMA would reinforce upward momentum; a break below would signal trend deterioration.

• ↑Q2’26 production averaged 4.1 BCFD (+21% YoY) and adj. EBITDAX rose 57% to $500M.
• ↑Q2’26 free cash flow of $220M and YTD debt cut by $300M (-30%).
• ↓Shift to in-basin sales could lower realizations and compress margins.