Antero Resources completes notes offering for acquisition funding

Antero Resources ( (AR) ) has provided an update.

On January 28, 2026, Antero Resources Corporation completed a $750 million underwritten public offering of 5.400% senior unsecured notes due 2036, which pay interest semiannually and rank equally with the company’s other senior unsecured debt but are structurally subordinated to obligations at its subsidiaries. The notes, issued under a new indenture with typical covenants and redemption provisions, are intended to help fund Antero’s planned acquisition of HG Energy II Production Holdings, LLC alongside a new term loan facility, with remaining acquisition costs to be covered by proceeds from the sale of substantially all of Antero’s and certain subsidiaries’ Utica Shale oil and gas assets, or, if timing requires, its revolving credit facility and cash on hand, after which Utica sale proceeds would be used for general corporate purposes including debt repayment; if the HG acquisition does not close by the agreed outside date or is terminated, Antero must redeem all of the notes at 101% of principal plus accrued interest, underscoring deal-contingent financing risk for noteholders and tying the company’s capital structure moves closely to its strategic portfolio shift.

The most recent analyst rating on (AR) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Antero Resources stock, see the AR Stock Forecast page.

Spark’s Take on AR Stock

According to Spark, TipRanks’ AI Analyst, AR is a Neutral.

The score is driven primarily by improved financial performance (strong current margins, free cash flow, and reduced leverage) and a constructive earnings-call outlook highlighting operational records and hedging support. Offsetting these positives are only neutral technicals (weak MACD and trading below longer-term averages) and a mid-range valuation with no dividend yield data provided, plus some uncertainty around NGL pricing and asset transaction execution.

To see Spark’s full report on AR stock, click here.

More about Antero Resources

Antero Resources Corporation is an independent oil and natural gas company focused on the exploration, development and production of unconventional resources, including shale oil and gas assets in the United States, with a portfolio that has included significant holdings in the Utica Shale region.

Average Trading Volume: 5,647,190

Technical Sentiment Signal: Strong Buy

Current Market Cap: $10.93B

For an in-depth examination of AR stock, go to TipRanks’ Overview page.