1. Antero Resources Corporation (NYSE:AR)
Number of Hedge Fund Holders: 75
On the back of strong hedge fund and analyst support, Antero Resources Corporation (NYSE:AR) features on our list of the best commodity stocks to buy in 2026. The stock carries an upside of 48.3%.
On May 27, 2026, Mizuho raised its price target on Antero Resources Corporation (NYSE:AR) to $54 from $50 and kept an “Outperform” rating. The firm expects the impact of the Iran crisis on global oil prices and refining cracks to be prolonged, lifting its 2026 and 2027 oil price outlook by 25% and 6%, respectively, while raising its U.S. refining crack forecast by 61% and 51%.
Mizuho argued that a pullback in stock valuations despite elevated commodity prices creates an opportunity for investors to find alpha in U.S. oil and gas stocks, including Antero Resources Corporation (NYSE:AR).
Antero’s own Q1 2026 earnings call, held April 30, 2026, laid out exactly why Antero Resources Corporation (NYSE:AR) may benefit from that opportunity.
CEO Michael Kennedy said the geopolitical backdrop had only strengthened the macro case for natural gas and NGLs. Antero Resources Corporation (NYSE:AR) holds the highest LNG exposure among Appalachian producers, selling 2.3 Bcf per day of production to sales points along the LNG fairway, and is the largest U.S. producer and exporter of NGLs.
On the NGL side, Senior Vice President Dave Cannelongo said the Middle East accounted for roughly 36% of the global waterborne LPG market in 2025, with virtually all of that volume transiting the Strait of Hormuz. With that supply disrupted, global buyers have few alternatives beyond the U.S.
Antero Resources Corporation (NYSE:AR) produces 46 million net barrels of C3+ NGLs annually, and management said realized C3+ pricing had increased approximately $12 per barrel during this period, adding over $550 million of incremental free cash flow in 2026.
Antero Resources Corporation (NYSE:AR) is an independent oil and natural gas company engaged in the development, production, exploration, and acquisition of natural gas, natural gas liquids, and oil properties in the United States.
While we acknowledge the potential of AR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AR and that has 100x upside potential, check out our report about the cheapest AI stock.
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