XOM - Antero Resources: Buy The Forgivable Dip
- Antero Resources shares have had a tremendous 2021, rising 149.5% year-to-date.
- These gains are on top of the E&P leading to 91.2% gains in 2020, so the cumulative two-year performance has been exemplary.
- Strong natural gas liquids prices have been the engine behind share price gains in this dual-engine plane.
- An improved balance sheet is allowing the other engine to kick in, which is rising dry natural gas prices.
- The key is to look forward, not backwards, as Antero is headed towards emerging blue-chip status. Thus, dips, including the current one, which may not be over yet, should be bought.
For further details see:
Antero Resources: Buy The Forgivable Dip