Matador Resources (MTDR) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $51.00 to $51.89
• 50-Day Range: $49.19 to $65.23
• 52-Week Range: $48.22 to $71.08
• Volume: 253,267 shs
• Average Volume: 1.50 million shs
• Market Capitalization: $6.41 billion
• P/E Ratio: 7.04
• Dividend Yield: 1.56%
• Price Target: $77.17
• Consensus Rating: Moderate Buy

Matador Resources Stock Analysis - MarketRank™

Matador Resources scored higher than 97% of companies evaluated by MarketBeat, and ranked 14th out of 250 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Matador Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 12 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Matador Resources has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 20.18%

Earnings Growth

Earnings for Matador Resources are expected to grow by 20.18% in the coming year, from $7.83 to $9.41 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Matador Resources is 7.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.24.

Price to Earnings Ratio vs. Sector

The P/E ratio of Matador Resources is 7.05, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.78.

Price to Book Value per Share Ratio

Matador Resources has a P/B Ratio of 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.26% of the float of Matador Resources has been sold short.

Short Interest Ratio / Days to Cover

Matador Resources has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in Matador Resources has recently decreased by 0.12%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Matador Resources pays a meaningful dividend of 1.61%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Matador Resources does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Matador Resources is 10.96%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Matador Resources will have a dividend payout ratio of 8.50% next year. This indicates that Matador Resources will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.26% of the float of Matador Resources has been sold short.

Short Interest Ratio / Days to Cover

Matador Resources has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in Matador Resources has recently decreased by 0.12%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.41

News Sentiment

Matador Resources has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 19 news articles for Matador Resources this week, compared to 7 articles on an average week.

Search Interest

Only 12 people have searched for MTDR on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

13 people have added Matador Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 63% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Matador Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $634,615.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 6.10% of the stock of Matador Resources is held by insiders.

Percentage Held by Institutions

91.98% of the stock of Matador Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MTDR Stock Analysis - Frequently Asked Questions

How have MTDR shares performed this year?

Matador Resources' stock was trading at $56.86 on January 1st, 2024. Since then, MTDR shares have decreased by 9.5% and is now trading at $51.48.
View the best growth stocks for 2024 here.

How were Matador Resources' earnings last quarter?

Matador Resources (NYSE:MTDR) released its quarterly earnings results on Tuesday, July, 23rd. The energy company reported $2.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.76 by $0.29. The firm's quarterly revenue was up 32.8% on a year-over-year basis.

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, Robert Gaines Baty, Shelley F Appel, William M Byerley, Joseph Wm Foran, Christopher P Calvert, Monika U Ehrman, Robert T Macalik, Bryan A Erman, Brian J Willey and Craig N Adams.
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).

Company Calendar

• Last Earnings: 7/23/2024
• Ex-Dividend for 9/5 Dividend: 8/15/2024
• Dividend Payable: 9/05/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 10/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NYSE:MTDR
• CUSIP: 57648520
• CIK: 1520006
• Web: www.matadorresources.com
• Phone: (972) 371-5200
• Fax: 972-371-5201
• Employees: 290
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $77.17
• High Stock Price Target: $89.00
• Low Stock Price Target: $62.00
• Potential Upside/Downside: +47.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.92
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $7.30
• Trailing P/E Ratio: 7.15
• Forward P/E Ratio: 6.67
• P/E Growth: N/A
• Net Income: $846.07 million
• Net Margins: 29.01%
• Pretax Margin: 37.98%
• Return on Equity: 21.12%
• Return on Assets: 11.58%

Debt

• Debt-to-Equity Ratio: 0.41
• Current Ratio: 0.86
• Quick Ratio: 0.82

Sales & Book Value

• Annual Sales: $3.24 billion
• Price / Sales: 2.01
• Cash Flow: $13.59 per share
• Price / Cash Flow: 3.84
• Book Value: $34.65 per share
• Price / Book: 1.51

Miscellaneous

• Outstanding Shares: 124,780,000
• Free Float: 117,168,000
• Market Cap: $6.51 billion
• Optionable: Optionable
• Beta: 3.27