Antero Resources: Expecting Improvements To Realized Natural Gas Prices
ARAntero Resources(AR) Seeking Alpha·2024-09-06 23:36
SimonSkafar Antero Resources (NYSE:AR) slightly increased its full-year production guidance and highlighted the strong realized prices for its C3+ NGLs. This partially offsets the impact of weak natural gas prices, but as Antero is essentially unhedged on natural gas, it is still on track to end 2024 with slightly negative free cash flow. Antero reported a negative $75 million in Q2 2024 free cash flow (before changes in working capital) and I am currently projecting $30 million in 2H 2024 free cash flo ...