New York, March 2, 2026, 09:36 EST — Regular session.
- Antero Resources saw its shares rise roughly 2.7% in early trading, moving alongside gains in oil and gas prices.
- Broader U.S. stocks slipped, with traders sizing up the potential fallout from an extended Middle East conflict.
- U.S. gas storage figures are set for release Thursday, with traders also eyeing new reports on supply disruptions.
Antero Resources climbed roughly 2.7% to $37.79 during Monday’s early session in New York, tacking on more gains as energy prices rallied even while the broader market slipped. On Friday, shares finished at $36.81.
Oil and gas prices jumped as the expanded U.S.-Israeli air strikes on Iran rattled investors, stoking worries about supply snarls through critical shipping lanes and production regions. That move sent money flowing toward energy shares and other defensive plays. “For now, the market will be trying to ascertain how long the conflict will be likely to last and whether it will draw in other nations,” said Michael Field, chief European equity strategist at Morningstar. Reuters
This is important for Antero, given its significant reliance on U.S. natural gas prices—the lifeblood for revenue among Appalachian producers. Natural gas futures, which serve as the main U.S. benchmark for the fuel, managed to firm up along with crude, despite risk appetite waning in other corners of the market.
Crude prices surged over 6% and U.S. natural gas gained almost 4%. U.S. stock index futures, along with the cash markets, slipped. Range Resources climbed, but CNX Resources barely budged, underscoring the mixed action among U.S. gas producers.
Antero often rides the gas price waves, jumping quickly when markets react to possible supply hiccups, increased LNG demand, or a flash of short-covering triggered by a fresh commodity headline. Days like this, macro forces are in the driver’s seat.
Commodities-driven rallies don’t always last. Should the conflict ease or shipping routes clear up, oil and gas may lose ground fast—dragging producers down as prices retreat. Even a bout of mild weather or an uptick in U.S. production can quickly weigh on gas prices.
Thursday’s U.S. government gas inventory report is drawing traders’ attention, the weekly readout that tends to steer front-month natural gas futures. The Energy Information Administration is scheduled to publish its next data on March 5.
