12 Best Oil and Gas Stocks to Buy Right Now

9. Antero Resources Corporation (NYSE:AR)

Number of Hedge Fund Holders: 70

Antero Resources Corporation (NYSE:AR) is one of the best oil and gas stocks to buy right now. On February 3, Antero Resources Corporation (NYSE:AR) reported that it has completed the acquisition of HG Energy II Production Holdings, LLC from HG Energy II LLC in a transaction valued at about $2.8 billion in cash.

For the purposes of partially funding the acquisition, Antero Resources Corporation (NYSE:AR) entered into a new unsecured credit agreement with Royal Bank of Canada and other lenders. Under this agreement, the company borrowed $1.5 billion through a Term Loan A facility that will mature on February 3, 2029. The facility is not backed by guarantees from any of Antero Resources Corporation’s (NYSE:AR) subsidiaries.

Previously, on January 23, Morgan Stanley reduced its price target on Antero Resources Corporation (NYSE:AR) from $48 to $46 and maintained its Overweight rating on the stock.

Morgan Stanley updated its oil price forecasts for 2026 and 2027 based on market pricing as of January 7, as part of its fourth-quarter preview covering exploration and production companies, oil majors, and Canadian producers. The research firm expects fourth-quarter operational updates to be “fairly clean,” but expects weaker cash flow due to price realizations.

Antero Resources Corporation (NYSE:AR) is an independent natural gas and natural gas liquids company operating in the Appalachian Basin in West Virginia. It is a major supplier of liquified natural gas (LNG) in the US.