AR vs. EQT
AR (Antero Resources Corporation) and EQT (EQT Corporation) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past 10 years, AR returned 3.33%/yr vs 4.27%/yr for EQT. Their 0.70 correlation means they have sometimes moved together and sometimes differently.
Performance
AR vs. EQT - Performance Comparison
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Returns By Period
In the year-to-date period, AR achieves a 4.88% return, which is significantly higher than EQT's -0.02% return. Over the past 10 years, AR has underperformed EQT with an annualized return of 3.33%, while EQT has yielded a comparatively higher 4.27% annualized return.
AR
- 1D
- 2.38%
- 1M
- 2.15%
- 6M
- -0.63%
- YTD
- 4.88%
- 1Y
- 7.34%
- 3Y*
- 10.04%
- 5Y*
- 21.59%
- 10Y*
- 3.33%
- ALL TIME*
- -3.11%
EQT
- 1D
- 1.10%
- 1M
- 1.29%
- 6M
- -7.17%
- YTD
- -0.02%
- 1Y
- 3.01%
- 3Y*
- 10.10%
- 5Y*
- 25.41%
- 10Y*
- 4.27%
- ALL TIME*
- 10.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $172.18M | $160.27M | $167.10M | |
| $436.52M | $391.65M | $390.40M |
AR vs. EQT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AR Antero Resources Corporation | 4.88% | -1.68% | 54.54% | -26.82% | 77.09% | 221.10% | 91.23% | -69.65% | -50.58% | -19.66% |
EQT EQT Corporation | -0.02% | 17.64% | 21.41% | 16.20% | 57.64% | 71.60% | 17.27% | -41.82% | -38.82% | -12.80% |
Correlation
The correlation between AR and EQT is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.78 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2013 | 0.70 |
The correlation between AR and EQT has been stable across timeframes, ranging from 0.70 to 0.80 - a consistent structural relationship.
Fundamentals
AR:
$11.11B
EQT:
$33.33B
AR:
$3.48
EQT:
$4.55
AR:
10.37
EQT:
11.71
AR:
0.04
EQT:
0.09
AR:
1.93
EQT:
3.59
AR:
1.35
EQT:
1.32
AR:
$5.84B
EQT:
$9.29B
AR:
$2.66B
EQT:
$6.78B
AR:
$2.15B
EQT:
$6.93B
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Return for Risk
AR vs. EQT — Risk / Return Rank
AR
EQT
AR vs. EQT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Antero Resources Corporation (AR) and EQT Corporation (EQT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AR | EQT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.03 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | 0.01 | +0.12 |
| Martin ratioReturn relative to average drawdown | 0.27 | 0.02 | +0.24 |
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Drawdowns
AR vs. EQT - Drawdown Comparison
The maximum AR drawdown since its inception was -99.01%, which is greater than EQT's maximum drawdown of -91.51%. Use the drawdown chart below to compare losses from any high point for AR and EQT.
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Drawdown Indicators
| AR | EQT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.01% | -91.51% | -7.50% |
Max Drawdown (1Y)Largest decline over 1 year | -26.42% | -27.89% | +1.47% |
Max Drawdown (3Y)Largest decline over 3 years | -33.19% | -31.62% | -1.57% |
Max Drawdown (5Y)Largest decline over 5 years | -58.39% | -42.56% | -15.83% |
Max Drawdown (10Y)Largest decline over 10 years | -97.60% | -87.56% | -10.04% |
Current DrawdownCurrent decline from peak | -46.39% | -21.33% | -25.06% |
Average DrawdownAverage peak-to-trough decline | -61.20% | -23.34% | -37.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.18% | 12.69% | +0.49% |
Volatility
AR vs. EQT - Volatility Comparison
Antero Resources Corporation (AR) and EQT Corporation (EQT) have volatilities of 10.01% and 10.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AR | EQT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.01% | 10.22% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 26.62% | 20.66% | +5.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.17% | 30.59% | +6.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.69% | 42.13% | +5.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.69% | 48.96% | +11.73% |
Dividends
AR vs. EQT - Dividend Comparison
AR has not paid dividends to shareholders, while EQT's dividend yield for the trailing twelve months is around 1.22%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AR Antero Resources Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EQT EQT Corporation | 1.22% | 1.19% | 1.37% | 1.57% | 1.63% | 0.00% | 0.24% | 1.10% | 0.42% | 0.21% | 0.18% | 0.23% |
Financials
AR vs. EQT - Financials Comparison
This section allows you to compare key financial metrics between Antero Resources Corporation and EQT Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AR vs. EQT - Profitability Comparison
AR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Antero Resources Corporation reported a gross profit of 1.47B and revenue of 1.56B. Therefore, the gross margin over that period was 94.5%.
EQT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, EQT Corporation reported a gross profit of 1.75B and revenue of 1.81B. Therefore, the gross margin over that period was 96.7%.
AR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Antero Resources Corporation reported an operating income of 375.46M and revenue of 1.56B, resulting in an operating margin of 24.1%.
EQT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, EQT Corporation reported an operating income of 394.04M and revenue of 1.81B, resulting in an operating margin of 21.8%.
AR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Antero Resources Corporation reported a net income of 278.66M and revenue of 1.56B, resulting in a net margin of 17.9%.
EQT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, EQT Corporation reported a net income of 281.45M and revenue of 1.81B, resulting in a net margin of 15.6%.
Frequently Asked Questions
AR and EQT have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EQT has higher volatility (10.22%) compared to AR (10.01%). In terms of maximum drawdown, AR dropped -99.01% vs EQT's -91.51%.
AR currently has the higher Sharpe Ratio (0.09 vs 0.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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