10 Cheapest Oil and Gas Stocks to Invest in

8. Antero Resources Corporation (NYSE:AR)

Forward P/E: 10.26

Potential Upside: 49.78%

Number of Hedge Fund Holders: 70

On January 5, Wells Fargo analyst Sam Margolin added the company to the firm’s Q1 2026 Tactical Ideas list. According to the firm, Antero Resources’ highly accretive HG acquisition has recently been impacted by commodity volatility. This acquisition adds $10 per share to NAV and offers strategic benefits within West Virginia’s growing data center ecosystem.

Wells Fargo also reiterated its Buy rating on the stock, along with a price target of $49 on  January 5. The firm’s price target suggests 55.5% upside from the current levels, which is slightly higher than the median Wall Street analysts’ upside of 49.78%.

Reflecting similar optimism, Seibert Williams Shank and Co. also maintained its Buy rating on the stock on December 26. However, the firm had a slightly higher price target of $50 for the shares, representing an upside of 58.7%. The stock is currently trading below its lowest Wall Street price target of $36, making it a more compelling choice for investors.

Antero Resources Corporation (NYSE:AR) operates as an independent oil and natural gas company. It is involved in the production, acquisition, development, and exploration of natural gas liquids (NGLs), natural gas, and oil properties across the United States. The company operates through three segments: Marketing, Exploration & Production, and Equity Method Investment in Antero Midstream.