The Best Stock in Colorado: Antero Resources
We analyzed publicly traded companies based in the Centennial State to identify the best stock in Colorado to buy now.


We scoured the nation to identify the best stock in every state. Antero Resources (symbol AR) is the publicly traded company we picked in Colorado. The company headquarters is located in Denver.
A word of caution: Since we selected a single stock from each state (plus one from D.C), and choices in some states are sparse, a few of our picks are best suited to investors comfortable with a higher degree of risk. This is not necessarily one of our 51 favorite stocks in the entire U.S., in other words.
Antero Resources by the Numbers
- Headquarters: Denver
- Share price: $20.16
- Market value: $6.4 billion
- Price-earnings ratio: 27
(Prices and data are as of June 22, 2017)

Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Antero Resources is an oil and natural gas exploration and production company that operates primarily in the Marcellus and Utica shale formations in the Appalachian Basin.
Shares have fallen 1.6% since February, when the company reported a loss of $2.92 a share for 2016. The sell-off has left the stock looking cheap given Antero’s potential for growth. Antero’s future natural gas production is hedged (meaning it is locked in at a certain selling price) through 2018 at favorable prices, says CFRA analyst Stewart Glickman. That leaves Antero free to focus on growth through drilling, Glickman says. Antero projects 20% to 22% annualized growth in production through 2020. Even if that seems optimistic, Glickman says the stock is at “historical trough levels” and assigns a 12-month price target of $25.
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Ryan joined Kiplinger in the fall of 2013. He wrote and fact-checked stories that appeared in Kiplinger's Personal Finance magazine and on Kiplinger.com. He previously interned for the CBS Evening News investigative team and worked as a copy editor and features columnist at the GW Hatchet. He holds a BA in English and creative writing from George Washington University.
-
How to Turn Your Retirement Dreams into Reality (Despite Your Fears)
Stressing over shrinking savings, rising healthcare costs, or losing your purpose can give you chills, but smart money moves can lead to financial freedom and a happy retirement.
-
Figma IPO: Should You Buy FIG Stock?
The Figma IPO has plenty of buzz building around it, with the design software company expected to start trading next week.
-
Value vs Growth Investing Isn't So Simple
The difference between growth and value stocks isn't black and white.
-
If You'd Put $1,000 Into Berkshire Hathaway Stock 20 Years Ago, Here's What You'd Have Today
Berkshire Hathaway is a long-time market beater, but the easy money in BRK.B has already been made.
-
If You'd Put $1,000 Into Procter & Gamble Stock 20 Years Ago, Here's What You'd Have Today
Procter & Gamble stock is a dependable dividend grower, but a disappointing long-term holding.
-
I'm an Investing Expert: This Is How You Can Invest Like Warren Buffett
Buffett just invested $15 billion in oil and gas, and you can leverage the same strategy in your IRA to potentially generate 8% to 12% quarterly cash flow while taking advantage of tax benefits that are unavailable in any other investment class.
-
7 Essential Investing Rules We All Should Know
The best time to start investing is right now. That's just one vital rule investors should be familiar with. Here are six more.
-
My Three-Day Rule for Investing: And If it Applies Now
Stock Market I've seen a lot in my career. Here's what I see now in the stock market.
-
Is It Time to Invest in Europe?
Stock Market Europe is being shaken out of its lethargy, militarily and otherwise, by Donald Trump's changes in U.S. policy. Should investors start buying?
-
What Is the Buffett Indicator?
"It is better to be roughly right than precisely wrong," writes Carveth Read in "Logic: Deductive and Inductive." That's the premise of the Buffett Indicator.