20 Stocks Insiders Were Buying In Q1 2025

2. Matador Resources Company (NYSE:MTDR)

Market Cap: $6.32 billion

Number of insiders buying: 15

Matador Resources Company is engaged in the acquisition, exploration, development, and production of oil and natural gas resources across the United States. The Dallas, Texas-based company operates in two segments: Exploration and Production, and Midstream. Matador is also one of the 7 best cheap energy stocks to invest in now.

During the first quarter, 15 insiders, including the CEO, and COO, bought around $1.58 million worth of Matador shares at an average price of $59.97 per share. Over the past 12 months, Matador stock lost 10.22% year-to-date and 25.5% over the past 12 months. Currently, it trades at $50.51 per share.

For the full year 2024, Matador reported a record average daily production of 170,751 BOE (barrels of oil equivalent). The company’s net income reached $885.3 million, or $7.14 per diluted share, up from $846.1 million, or $7.05 per diluted share, in 2023. Revenue for the year totaled $3.50 billion, a significant increase from the $2.81 billion reported in the previous year.

Based on 15 Wall Street analysts’ estimates, Matador stock is a “Strong Buy,” with a price target of $73.93 per share, reports TipRanks. The average price target suggests a 46.37% increase from the latest price.