Antero Resources (AR) Slid Due to Lower Natural Gas Prices?

Aristotle Atlantic Partners, LLC, an investment advisor, released its “Core Equity Strategy” third-quarter 2025 investor letter. The letter highlighted the market review, quarterly performance, and attribution analysis. A copy of the letter can be downloaded here. In the quarter, the US equity market rallied, with the S&P 500 Index reaching 8.12%. Bonds also finished higher in the period, with the Bloomberg U.S. Aggregate Bond Index increasing 2.03%. The composite has returned 7.22% gross of fees (7.10% net of fees) in the quarter, underperforming the S&P 500 Index’s 8.12% gain. Security selection led to the relative underperformance of the strategy in the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, Aristotle Atlantic Core Equity Strategy highlighted stocks such as Antero Resources Corporation (NYSE:AR). Headquartered in Denver, Colorado, Antero Resources Corporation (NYSE:AR) is an oil and natural gas development and exploration company. On November 13, 2025, Antero Resources Corporation (NYSE:AR) stock closed at $34.34 per share. One-month return of Antero Resources Corporation (NYSE:AR) was 11.57%, and its shares gained 12.63% of their value over the last 52 weeks. Antero Resources Corporation (NYSE:AR) has a market capitalization of $10.594 billion.

Aristotle Atlantic Core Equity Strategy stated the following regarding Antero Resources Corporation (NYSE:AR) in its third quarter 2025 investor letter:

"Antero Resources Corporation (NYSE:AR) detracted from performance in the third quarter due to lower natural gas prices causing earnings volatility as a result of the company's unhedged production profile. In addition, pipeline constraints and seasonal infrastructure limitations caused Antero's gas realizations to trade at steep discounts to NYMEX benchmarks despite strong operational execution. The long-term outlook for natural gas demand continues to skew positively due to increasing demand for natural gas for AI data center power generation, as well as growing U.S. LNG export infrastructure."

Antero Resources Corporation (NYSE:AR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 72 hedge fund portfolios held Antero Resources Corporation (NYSE:AR) at the end of the second quarter, up from 67 in the previous quarter.   While we acknowledge the potential of Antero Resources Corporation (NYSE:AR) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In another article, we covered Antero Resources Corporation (NYSE:AR) and shared the list of best low-priced stocks to buy according to analysts. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.