This article was originally published by TheStreet on August 13, 2014.
By Sarfaraz A. Khan.
NEW YORK (TheStreet) -- Very few energy companies have managed to consistently grow their production at over 50% over the last couple of years. Fewer still have given production growth forecast that exceeds 50%. A little-known shale gas producer which debuted on the stock market less than a year ago, Antero Resources (AR_), has managed to do both.
But is it a buy?
The shale gas boom in the U.S. is responsible for the creation of several energy companies. The biggest among them has been Chesapeake Energy (CHK_), the nation’s second-largestnatural gas producer, which holds nearly 13 million acres of land spread across eight states. However, the markets have rewarded companies that focus on producing from fewer but higher-quality assets, as Antero does.