5 Best-Performing Energy Stocks of 2022

1. Antero Resources Corporation (NYSE:AR)

Number of Hedge Fund Holders: 64

YTD Share Price Gain as of September 15: 139.30%

Antero Resources Corporation (NYSE:AR) is a Colorado-based independent oil and natural gas company. It is included on our list of the best performing energy stocks of 2022 as the shares have climbed 139% year to date as of September 15. 

On August 18, Mizuho analyst Vincent Lovaglio reaffirmed a Buy rating on Antero Resources Corporation (NYSE:AR) but lowered the price target on the shares to $49 from $53. The analyst said his larger thesis for the exploration and production sector remains intact after the Q2 results. Structural undersupply, driven by consistent underinvestment, should continue to lead greater than expected commodity prices and higher than anticipated cash returns, making the sector a relatively good value versus the broader market, the analyst told investors in a research note.

According to Insider Monkey’s data, Antero Resources Corporation (NYSE:AR) was part of 64 hedge fund portfolios at the end of Q2 2022, up from 53 funds in the last quarter. Zach Schreiber’s Point State Capital is the leading position holder in the company, with 4.2 million shares worth about $130 million.

You can also take a look at 12 Best AI Stocks To Buy and Best Self-Driving Stocks To Invest In. 

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