Top 10 Oil & Gas E&P Stocks Outperforming Despite Sinking Oil Prices

5. Matador Resources Company (NYSE:MTDR)

Matador Resources Company operates as an independent energy company. The company explores, acquires, develops, and produces oil and natural gas resources. It operates in the Midstream and Exploration & Production segments. The company also offers oil transportation and natural gas processing services. Its stock is up 4.56% in the last week.

The company presented a positive future outlook on the back of the strong Q4 2024 financial results. For the full year 2025, it expects a 20% to 30% production growth YoY. This growth is projected to be supported by productivity improvements and Ameredev assets, which it acquired last year. Management projects to produce around $1 billion in free cash flow, aided by a solid balance sheet and operational efficiencies.

According to 22 different analyst ratings, Matador has a highest target price of $90, which means the price could potentially more than double from the current levels if the bull scenario proves accurate. The stock is currently trading at $41.02, which is 36.52% below the lowest Wall Street price target of $61. Despite the stock’s recent rebound, the potential upside still presents an attractive buying opportunity to gain in the future.