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

3. Chord Energy Corporation (NASDAQ:CHRD)

Chord Energy Corporation is an independent production and exploration company. It engages in the exploration, development, production, and acquisition of natural gas, natural gas liquids, and crude oil. The company supplies its products to marketers, refiners, and other purchasers. The company’s stock is up 6.52% in the last one week of trading.

The firm is expected to generate revenues worth $3.763 billion in 2025. CHRD is projected to produce approximately 271,500 Barrels of Oil Equivalent Per Day (boepd) in 2025. It also actively repurchases shares to show its commitment to shareholders’ returns. In Q1 2025, the company bought back 2 million shares for $216.5 million.

According to 20 different analyst ratings, the company has a highest target price of $186, which means the price could potentially more than double from the current levels if the bull thesis proves accurate. The stock is currently trading at $94.29, which is still below the lowest Wall Street price target of $106. Despite gaining upward momentum, the current share price presents an attractive buying opportunity to benefit from the potential upside in the future.