Benjamin A. Hardesty, a member of Antero Resources Corporation's board, executed a sale of common stock on March 19, 2026, disposing of 12,000 shares at $44.00 per share. The transaction produced gross proceeds of $528,000 and occurred in proximity to the stock's 52-week high of $44.37. The share price has climbed roughly 37% over the prior six months.
The disposition was carried out pursuant to a Rule 10b5-1 trading plan that Hardesty put in place on November 6, 2025. Following the March 19 sale, Hardesty retains direct ownership of 150,242 shares of Antero Resources common stock. He additionally holds an indirect interest in 500 shares through his spouse.
Market valuation commentary from InvestingPro accompanies the transaction record. According to InvestingPro analysis, the stock presently appears overvalued when compared with its Fair Value estimate. Investors seeking detailed metrics and valuation models related to Antero Resources may consult the InvestingPro Pro Research Report for expanded coverage.
Separately, Antero Resources reported a stronger-than-expected performance for the fourth quarter of 2025. The company posted earnings per share of $0.62, surpassing analyst forecasts of $0.51, which represents a 21.57% earnings surprise. Revenues for the quarter totaled $1.41 billion, above the anticipated $1.32 billion.
In a strategic portfolio move, Antero completed the sale of its Utica Shale oil and gas assets for $800 million. The buyer was identified as an affiliate of Natural Resources, Inc. and Northern Oil and Gas, Inc. With the closing of this transaction, the company indicated that the conditions required to redeem its 7.625% senior notes due in 2029 have been satisfied, and the notes are scheduled for redemption.
All transaction and company performance details reported here are drawn from the filings and statements that accompanied the disclosures. The trading plan notation, ownership figures, quarterly results, and the Utica asset sale are presented as reported. Where InvestingPro valuation commentary is cited, it reflects that service's assessment relative to its Fair Value estimate.