5 Most Undervalued Growth Stocks to Buy for the Next 10 Years

3. Antero Resources Corp (NYSE:AR)

Forward P/E: 8.38

On July 7, Betty Jiang, an analyst from Barclays, maintained a Hold rating on Antero Resources Corp (NYSE:AR) and set a target price of $45. Despite the analyst’s Hold rating, the stock has seen positive momentum during the last few trading sessions. In contrast to Barclays, on June 30, Goldman Sachs analyst Neil Mehta kept a Buy rating on the stock while lowering the firm’s price target from $46 to $41. The firm’s downward price target still reflects 16% upside from current levels.

Antero Resources Corp.’s (NYSE:AR) second-quarter fiscal 2026 earnings report is scheduled to be announced on July 29. As per the company’s Q1 outlook, it revised its full-year 2026 production guidance to 4.1 Bcfe per day. Moreover, the company reduced its cash cost guidance by $0.10 per Mcfe. The company planned to invest about $1 billion in capital expenditure, with the option to increase spending to $1.2 billion, stated CEO and President Michael N. Kennedy. However, the additional $200 million is not guaranteed and remains under consideration. The oil and gas company expects benefits from the HG acquisition to increase over time, potentially generating $100 million in annual savings.

CFO Glen Warren, while emphasizing cost efficiencies, noted:

The integration of the HG acquisition has exceeded our expectations, delivering significant cost reductions and synergies.

Antero Resources Corp (NYSE:AR) is an independent oil and natural gas company that develops, produces, explores, and acquires natural gas, natural gas liquids (NGLs), and oil properties in the U.S.