Antero is one of the most active natural gas producers in the Appalachia region.
Antero Resources' proved reserves grew by 2.2 Tcfe (16%) during 2016, despite 2.5 Tcfe being reclassified as unproved (offsetting a larger increase). The reclassification was related to the SEC's five-year rule, which stipulates that proved undeveloped reserves must be developed within five years. The reported change in proved reserves also includes an increase of 0.6 Tcfe from leasehold acquisitions and a decrease of 0.7 Tcfe from production. Just from development activity, the firm added 3.3 T...Antero Resources is an oil and natural gas company engaged in the exploration, development and production of natural gas, natural gas liquids (NGLs), and oil properties. The company focuses on unconventional reservoirs, which can generally be characterized as fractured shale formations. The company's drilling operations are focused in the Marcellus Shale and Utica Shale of the Appalachian Basin. The company's industry segments are: the exploration, development, and production of natural gas, NGLs, and oil; marketing of excess firm transportation capacity; and the gathering and processing of natural gas. All of the company's operations are conducted in the United States.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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