DENVER (AP) — DENVER (AP) — Antero Resources Corp. (AR) on Wednesday reported fourth-quarter profit of $94.8 million.

On a per-share basis, the Denver-based company said it had profit of 30 cents. Earnings, adjusted for non-recurring gains, were 22 cents per share.

The results met Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 22 cents per share.

The oil and natural gas producer posted revenue of $1.19 billion in the period, beating Street forecasts. Six analysts surveyed by Zacks expected $1.17 billion.

For the year, the company reported profit of $242.9 million, or 78 cents per share. Revenue was reported as $4.68 billion.

Antero Resources shares have declined 6.5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $21.21, a decline of 25% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AR at https://www.zacks.com/ap/AR

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