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Matador Resources (MTDR) Stock Price, News & Analysis

$50.66
-0.81 (-1.57%)
(As of 09/6/2024 ET)
Today's Range
$50.16
$52.23
50-Day Range
$50.66
$65.23
52-Week Range
$50.16
$71.08
Volume
1.60 million shs
Average Volume
1.50 million shs
Market Capitalization
$6.32 billion
P/E Ratio
6.94
Dividend Yield
1.58%
Price Target
$78.17

Matador Resources MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
54.3% Upside
$78.17 Price Target
Short Interest
Bearish
7.27% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.04mentions of Matador Resources in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$236,995 Bought Last Quarter
Proj. Earnings Growth
20.18%
From $7.83 to $9.41 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.61 out of 5 stars

Oils/Energy Sector

36th out of 239 stocks

Crude Petroleum & Natural Gas Industry

18th out of 79 stocks

MTDR stock logo

About Matador Resources Stock (NYSE:MTDR)

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. It also operates the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. In addition, the company conducts midstream operations in support of its exploration, development, and production operations. Further, it provides natural gas processing and oil transportation services; and oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. The company sells natural gas to unaffiliated independent marketing companies and unaffiliated midstream companies. The company was formerly known as Matador Holdco, Inc. and changed its name to Matador Resources Company in August 2011. Matador Resources Company was founded in 2003 and is headquartered in Dallas, Texas.

MTDR Stock Price History

MTDR Stock News Headlines

War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
See More Headlines
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Company Calendar

Last Earnings
7/23/2024
Ex-Dividend for 9/5 Dividend
8/15/2024
Dividend Payable
9/05/2024
Today
9/07/2024
Next Earnings (Estimated)
10/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
57648520
Employees
290
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$78.17
High Stock Price Target
$89.00
Low Stock Price Target
$62.00
Potential Upside/Downside
+54.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
13 Analysts

Profitability

Net Income
$846.07 million
Pretax Margin
37.98%

Debt

Sales & Book Value

Annual Sales
$3.24 billion
Cash Flow
$11.51 per share
Book Value
$38.90 per share

Miscellaneous

Free Float
117,168,000
Market Cap
$6.32 billion
Optionable
Optionable
Beta
3.29
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Key Executives


MTDR Stock Analysis - Frequently Asked Questions

How have MTDR shares performed this year?

Matador Resources' stock was trading at $56.86 at the beginning of 2024. Since then, MTDR shares have decreased by 10.9% and is now trading at $50.66.
View the best growth stocks for 2024 here
.

How were Matador Resources' earnings last quarter?

Matador Resources (NYSE:MTDR) issued its quarterly earnings data on Tuesday, July, 23rd. The energy company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.29. The firm's revenue was up 32.8% compared to the same quarter last year.

What is Joseph W. Foran's approval rating as Matador Resources' CEO?

14 employees have rated Matador Resources Chief Executive Officer Joseph W. Foran on Glassdoor.com. Joseph W. Foran has an approval rating of 38% among the company's employees. This puts Joseph W. Foran in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Matador Resources' major shareholders?

Top institutional investors of Matador Resources include Dimensional Fund Advisors LP (3.79%), Victory Capital Management Inc. (2.15%), Clearbridge Investments LLC (1.80%) and Massachusetts Financial Services Co. MA (1.27%). Insiders that own company stock include Billy E Goodwin, Reynald Baribault, William Thomas Elsener, Timothy E Parker, William M Byerley, Joseph Wm Foran, Monika U Ehrman, Robert T Macalik, Bryan A Erman, Craig N Adams and Robert Gaines Baty.
View institutional ownership trends
.

How do I buy shares of Matador Resources?

Shares of MTDR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Matador Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Matador Resources investors own include Laredo Petroleum (LPI), Energy Transfer (ET), Callon Petroleum (CPE), Advanced Micro Devices (AMD), Pfizer (PFE), Boeing (BA) and AT&T (T).

This page (NYSE:MTDR) was last updated on 9/7/2024 by MarketBeat.com Staff

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