AR short term range trend trades

Antero Resources Corporation (NYSE:AR)

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NYSE:AR Antero Resources Corporation

1.64 was good entry until friday. Trade between ATR 0.18 cents. Natgas in low since 2016, no demand due warm winter and oversupply. Might test 1.6. ER didn´t encouraged. If natgas price drops and hold below guidance no recovery and they have to sell assets, their hedge or somehow find cash.

Komen:

2020 Capital Budget and Guidance and on what price.
The following is a summary of Antero Resources' 2020 capital budget. The capital budget is based on commodity strip pricing as of February 7, 2020 that was $52 per barrel WTI oil, $25 per barrel C3+ NGL and $2.08 per MMBtu NYMEX natural gas for 2020.

Komen:

21FEB to 27FEB price decline. Fears of mild winter, coronavirus and clobal demand. Markets are selling of and reach lows in 27FEB. 28FEB ATL 1.22$ for AR

Komen:

20FEB probably was a up move with futures a pump before decline. Bad news were in the air and it was a good way to unload shares. Seems that 1.2 is a new base and 1.6 new wall

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