SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 8.2% Stake in Antero Resources Corp
Beneficial Ownership Disclosure (Schedule 13G Amendment)
FMR LLC and its Chairman and CEO, Abigail P. Johnson, have filed an amended Schedule 13G, disclosing a beneficial ownership of 8.2% of Antero Resources Corp's common stock as of March 31, 2025.
Summary
- FMR LLC and Abigail P. Johnson, Chairman and CEO of FMR LLC, have filed an Amendment No. 6 to Schedule 13G regarding their beneficial ownership in Antero Resources Corp.
- As of March 31, 2025, FMR LLC and Abigail P. Johnson collectively beneficially own 25,661,882.27 shares of Antero Resources Corp's common stock.
- This aggregate amount represents 8.2% of the total outstanding common stock of Antero Resources Corp.
- FMR LLC holds sole voting power over 24,788,247.78 shares and sole dispositive power over 25,661,882.27 shares.
- Abigail P. Johnson holds sole dispositive power over 25,661,882.27 shares, with no sole or shared voting power.
- The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Antero Resources Corp.
- Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC, are identified as entities that beneficially own shares, with Fidelity Management & Research Company LLC owning 5% or greater of the outstanding shares.
Sentiment
Score: 5
Explanation: The document is a neutral, factual disclosure of beneficial ownership, providing no positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
This Schedule 13G filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding Antero Resources Corp's future performance or operations.
Management Comments
- FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
Antero Resources Corp operates in the energy sector, primarily focused on natural gas and natural gas liquids. This filing indicates a significant institutional stake by FMR LLC, a major asset manager, which is common for publicly traded companies in established industries.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Director, Chairman, and Chief Executive Officer of FMR LLC | NA | Abigail P. Johnson | NA | NA |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Shareholder Voting Agreement | Members of the Johnson family, including Abigail P. Johnson, who are predominant owners of Series B voting common shares of FMR LLC (representing 49% of voting power), have entered into a shareholders' voting agreement. This agreement dictates that all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares, potentially forming a controlling group under the Investment Company Act of 1940. | NA | This internal governance structure of FMR LLC centralizes voting control among the Johnson family for their FMR LLC shares, which indirectly influences the voting of shares held by FMR LLC in other companies like Antero Resources Corp. |
Stakeholder Impact
- Shareholders of Antero Resources Corp: Provides transparency regarding a significant institutional investor's stake, confirming FMR LLC's continued interest in the company.
- Investment Professionals: Offers updated data on institutional ownership, which can be factored into investment models and analyses.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires the filing of this statement (beneficial ownership calculation date). |
| 05/09/2025 | Date the Schedule 13G Amendment No. 6 was signed and filed. |
Keywords
Antero Resources Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Energy Sector, Oil and Gas
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