Without any doubt, the energy sector was one of the hardest hit industries of the economy due to the COVID-19 pandemic.

Back in spring of 2020, the demand and price of oil collapsed as COVID-19 caused governments to shut down commerce and require billions of people around the world to stay at home.

Travel was restricted, supply chains were interrupted and production all around the world slowed down drastically.

However, throughout 2021, thanks to COVID-19 vaccinations and the acceptance of the new normal, COVID-19 mandates are slowly easing around the world, and even making a complete disappearance in countries across Europe, causing a significant rise in oil demand.

We are seeing the reopening of commerce, many more vehicles on the road and supply chains back in action, bringing back the high demand for oil that once was before the pandemic.

For many oil and gas stock owners, this past half year has been mostly positive gains due to the rebound of the oil and gas industry.

Based on the past 6 months:
Exxon Mobil Corp (NYSE: XOM) has risen 30.74%.
Cabot Oil And Gas Corp (NYSE: CTRA) has risen 34.18%.
Occidental Petroleum Corp (NYSE: OXY) has risen 45.68%.
Pioneer Natural Resources (NYSE: PXD) has risen 51.30%.
Marathon Oil Corp (NYSE: MRO) has risen 75.58%.

Here are our top three oil and gas stock picks that we believe have the best potential, value and fastest growth for 2022 –

1.) Cheniere Energy, Inc. (NYSE: LNG) is a liquefied natural gas company headquartered in Houston, Texas. In February 2016 it became the first US company to export liquefied natural gas. As of 2018 it is a Fortune 500 company. In 2018, Cheniere Energy signed an agreement with CPC Corporation, Taiwan to supply liquefied natural gas for 25 years in a contract worth approximately $25 billion USD. This is extremely impressive news for the company, which is why we put Cheniere Energy at the top of our list.

2.) Africa Energy Corp. (TSX: AFE, STE: AEC) is a Canadian oil and gas company with exploration assets offshore South Africa and Namibia. Africa Energy is part of the Lundin Group of Companies. Africa Energy has a 27.5% participating interest in Block 2B offshore South Africa, and owns one-third of the shares of Pancontinental Namibia Pty Ltd. (“Pancontinental Namibia”), which holds a 43.85% participating interest in PEL 37 offshore the Republic of Namibia. Africa Energy has recently discovered more than 1 billion barrels equivalent of gas and condensate on Block 11B/12B offshore South Africa, nearby existing gas infrastructure and demand. As of September 30, 2021, Africa Energy had $11.8 million USD in cash and no debt.

3.) Surge Energy Inc. (TSE: SGY) is a Canadian based oil focused E&P company that has high-quality cash flow base driven by its conventional, medium to light crude oil reserves and low decline production base. Surge’s elite, operated, reservoirs are characterized as having large original oil in place (“OOIP”) with low recover factors. Surge has identified over 975 net drilling locations on the Company’s lands, providing over 13 years of drilling inventory in addition to numerous high quality water-flood projects and future opportunities.