Bull Signal Could Fuel Oil & Gas Stock Rally
Antero Resources(AR) Schaeffers Research·2024-04-10 16:09
The shares of oil & gas name Antero Resources Corporation (NYSE:AR) have been on a tear higher. Though AR was last seen 0.5% lower at $30.07, yesterday the shares touched a five-month high. Antero Resources stock now boasts a 23.6% year-over-year lead and is up more than 32.5% in 2024. Even better, there's reason to believe AR could continue to climb in the coming weeks. Specifically, this recent peak comes amid historically low implied volatility (IV), which has been a bullish combination for Antero Resour ...