Why Antero Resources Corp. (AR) Performed Worst On Friday?

We recently published a list of Friday’s 10 Worst Performing Stocks. In this article, we are going to take a look at where Antero Resources Corp. (NYSE:AR) stands against other Friday’s worst performing stocks.

The stock market suffered a bloodbath anew on Friday as investors digested news of a growing trade war, with China making good on its promise with a steep tariff on US goods.

As of 2:55 PM, the S&P 500 lost 5.47 percent of its value, the tech-heavy Nasdaq fell 5.37 percent, and the Dow Jones was down by 5.09 percent.

Following President Donald Trump’s imposition of hefty tariffs on all imports to the US, China on Friday struck back with a 34-percent tariff on US goods. The tariffs will begin on April 10.

Ten individual stocks mirrored a broader market pessimism, recording steep intra-day losses. In this article, let us explore Friday’s worst intra-day performers and the reasons behind their decline.

To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5 million in trading volume.

A fleet of tanker trucks transporting oil and natural gas, amidst the backdrop of open fields.

Antero Resources Corp. (NYSE:AR)

Antero Resources declined for a second day on Friday, losing 14.47 percent at intra-day trading as investors disposed of its shares after the US Court of Appeals for the 6th Circuit of Ohio upheld its decision siding with 370 landowners over claims that AR underpaid them $10 million in natural gas royalties.

According to the landowners, the company improperly deducted certain processing and fractionation costs from their royalty payments, violating their lease agreements.

The landowners already won against AR in 2023 when the US District Court for the Southern District of Ohio, Eastern Division, ruled in favor of the landowners. AR then appealed the case to the 6th Circuit.

AR is an independent oil and gas company that acquires, explores, develops, and produces natural gas, natural gas liquids, and oil in the Appalachian Basin. Headquartered in Denver, it focuses on developing low-cost, repeatable, liquids-rich unconventional targets in the Marcellus and the Utica shales, two of the premier North American shale plays.

Overall, AR ranks 6th on our list of Friday’s worst performing stocks. While we acknowledge the potential of AR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AR but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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