10 Firms Stand Strong Amid Market Decline

1. Antero Resources Corp. (AR)

Antero Resources (AR), a prominent player in the US natural gas exploration, became the biggest gainer in Monday’s overall lackluster trading session, with its share prices rallying by 6.67 percent to finish at $35.52 each.

Similar to EQT Corp., Antero benefitted from the recent spike in prices of natural gas amid a winter cold blast surrounding both the US and Europe. US natural gas prices are currently up by 18 percent, with January expected to be the coldest season for some parts of the US.

The cold snap is expected to occur around January 12 although some forecasts expect an extended period of freezing temperatures. If such predictions hold, the US is expected to book record demand for natural gas, and could further shoot up prices in the coming weeks.

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Disclosure: None. This article is originally published at Insider Monkey.