The stock market is off to a shaky start to 2022. Fears over persistently high inflation, aggressive Federal Reserve interest rate hikes, and geopolitical conflict between Russia and Ukraine have the S&P 500 down 4.9% through the end of March. Fortunately for investors, a handful of top-performing stocks have bucked the bearish trend. Top performers include oil and gas stocks benefiting from surging energy prices and materials stocks capitalizing on supply chain disruptions. Here are the 10 best-performing stocks of 2022 so far among companies that trade on major U.S. exchanges and have market capitalizations of at least $1 billion. Returns are through March 31.
Occidental Petroleum Corp. (OXY)
LSB Industries Inc. (LXU)
US Silica Holdings Inc. (SLCA)
Golar LNG Ltd. (GLNG)
BRC Inc. (BRCC)
Kosmos Energy Ltd. (KOS)
Alpha Metallurgical Resources Inc. (AMR)
RPC Inc. (RES)
Peabody Energy Corp. (BTU)
NexTier Oilfield Solutions Inc. (NEX)
Occidental Petroleum Corp. (OXY)
LSB Industries Inc. (LXU)
US Silica Holdings Inc. (SLCA)
Golar LNG Ltd. (GLNG)
BRC Inc. (BRCC)
Kosmos Energy Ltd. (KOS)
Alpha Metallurgical Resources Inc. (AMR)
RPC Inc. (RES)
Peabody Energy Corp. (BTU)
NexTier Oilfield Solutions Inc. (NEX)