Seasonality
AR seasonality — Antero Resources
Over the last 11 years, AR's strongest month on average has been April (+29.0%) and its weakest August (-4.1%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +2.00% | +4.38% | 70% | +27.3% | -35.1% | 10 |
| Feb | +2.01% | -1.71% | 40% | +29.7% | -13.9% | 10 |
| Mar | +1.99% | +7.86% | 70% | +33.1% | -55.6% | 10 |
| Apr | +28.96% | -5.69% | 30% | +319.7% | -17.9% | 10 |
| May | +4.57% | +0.46% | 60% | +43.1% | -11.2% | 10 |
| Jun | -1.59% | +1.67% | 50% | +16.4% | -28.5% | 10 |
| Jul | +0.60% | -4.19% | 40% | +29.3% | -16.6% | 10 |
| Aug | -4.06% | -1.81% | 50% | +8.8% | -31.2% | 10 |
| Sep | -1.95% | -4.53% | 40% | +37.1% | -23.8% | 10 |
| Oct | +4.38% | +1.56% | 50% | +26.0% | -17.2% | 10 |
| Nov | -1.34% | -2.06% | 33% | +26.3% | -20.4% | 9 |
| Dec | +3.26% | -1.89% | 30% | +43.2% | -28.5% | 10 |
Monthly returns heat map — AR
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.5 | 1.2 | 15.3 | -7.5 | -8.9 | -1.7 | 2.9 | 6.5 | -13.2 | 26.0 | -14.3 | +4.7% | |
| 2025 | 6.5 | -1.7 | 10.2 | -13.9 | 7.5 | 7.6 | -13.3 | -8.6 | 5.1 | -7.9 | 17.9 | -5.4 | -1.7% |
| 2024 | -1.5 | 15.0 | 12.8 | 17.3 | 4.8 | -8.4 | -11.1 | -7.0 | 6.2 | -9.7 | 26.3 | 7.2 | +54.5% |
| 2023 | -6.9 | -9.2 | -11.9 | -0.4 | -11.2 | 12.8 | 16.1 | 3.4 | -8.3 | 16.0 | -19.7 | -4.0 | -26.8% |
| 2022 | 11.6 | 17.4 | 33.1 | 15.3 | 21.8 | -28.5 | 29.3 | 1.1 | -23.8 | 20.1 | -0.3 | -15.2 | +77.1% |
| 2021 | 27.3 | 29.7 | 13.3 | -11.6 | 43.1 | 16.4 | -9.5 | 0.9 | 37.1 | 5.6 | -11.6 | -0.3 | +221.1% |
| 2020 | -35.1 | -13.5 | -55.6 | 319.7 | 0.3 | -15.1 | 16.5 | 8.8 | -14.6 | 23.6 | 15.3 | 39.0 | +91.2% |
| 2019 | 7.1 | -13.9 | 2.0 | -17.9 | -9.4 | -15.8 | -16.6 | -31.2 | -4.7 | -17.2 | -20.4 | 43.2 | -69.7% |
| 2018 | 2.3 | -3.2 | 5.5 | -4.3 | 0.6 | 11.7 | -3.8 | -9.9 | -4.3 | -10.3 | -17.4 | -28.5 | -50.6% |
| 2017 | 3.2 | -1.8 | -4.9 | -7.1 | -2.9 | 5.1 | -4.6 | -4.5 | 1.1 | -2.5 | -2.1 | 0.0 | -19.7% |
| 2016 | -3.4 |