SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Maintain Significant Stake in Antero Resources Corp, Holding 9.8% of Common Stock

FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, disclosing their continued beneficial ownership of 9.8% of Antero Resources Corp's common stock as of December 31, 2024.

Summary

• FMR LLC and Abigail P. Johnson collectively beneficially own 30,474,198.39 shares of Antero Resources Corp's common stock.
• This ownership represents 9.8% of the total outstanding common stock of Antero Resources Corp.
• FMR LLC holds sole voting power over 29,537,330.66 shares and sole dispositive power over 30,474,198.39 shares.
• Abigail P. Johnson holds sole dispositive power over 30,474,198.39 shares, with no sole or shared voting power.
• The shares 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.
• FMR LLC is classified as a parent holding company, and Abigail P. Johnson is an individual reporting person.
• 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 factual disclosure of beneficial ownership, providing neutral information without expressing positive or negative sentiment regarding the issuer's performance or outlook.

Management Comments

• "The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This filing indicates a continued significant institutional investment in Antero Resources Corp, an energy company. Such substantial holdings by major asset managers like FMR LLC are common in the energy sector, reflecting long-term investment strategies in established companies.

Related Party Transactions

• The filing details the relationship between FMR LLC and Abigail P. Johnson, noting that Abigail P. Johnson is a Director, Chairman, and CEO of FMR LLC, and that the Johnson family, including Abigail P. Johnson, are predominant owners of FMR LLC's Series B voting common shares, forming a controlling group through a shareholders' voting agreement.

Stakeholder Impact

• The continued significant ownership by FMR LLC and Abigail P. Johnson indicates a stable institutional shareholder base for Antero Resources Corp, which may be viewed positively by other shareholders and the market as a sign of long-term confidence.

Key Dates

Keywords

Antero Resources Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Energy Sector, Oil and Gas