RBC Capital Markets highlighted four US E&P companies—Diamondback Energy, California Resources, Permian Resources, Matador Resources—as top picks.
Diamondback leads due to drilled‑but‑uncompleted inventory and focus on balance‑sheet management driving near‑term production upside.
California Resources benefits from higher commodity prices, Berry Corp synergies and carbon‑capture optionality as value drivers.
Permian praised for operational outperformance, gas commercialization and M&A potential; Matador highlighted for oil growth, San Mateo assets and balance‑sheet gains.