Matador Resources (NYSE:MTDR) Releases Earnings Results, Beats Expectations By $0.25 EPS

Key Points

• Matador Resources reported quarterly EPS of $2.08, beating the $1.83 consensus by $0.25; revenue of $1.39 billion also exceeded the $1.12 billion estimate.
• The company raised its quarterly dividend from $0.375 to $0.4375 per share, equivalent to an annualized $1.75 and a 3.2% yield.
• Company insiders bought 23,144 shares worth about $1.21 million over the past 90 days; analysts’ consensus rating is “Moderate Buy,” with a $68.43 average price target.

Matador Resources (NYSE:MTDR - Get Free Report) issued its quarterly earnings results on Tuesday. The energy company reported $2.08 EPS for the quarter, beating analysts' consensus estimates of $1.83 by $0.25, Zacks reports. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.12 billion. Matador Resources had a return on equity of 13.18% and a net margin of 19.85%.

Matador Resources Stock Performance

NYSE:MTDR traded down $1.33 during trading hours on Tuesday, reaching $54.43. The stock had a trading volume of 2,637,185 shares, compared to its average volume of 1,840,952. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.62 and a current ratio of 0.65. The stock has a 50 day simple moving average of $56.61 and a 200 day simple moving average of $54.35. Matador Resources has a 12-month low of $37.14 and a 12-month high of $66.84. The stock has a market cap of $6.74 billion, a P/E ratio of 9.34 and a beta of 0.93.

Matador Resources Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Tuesday, November 10th will be issued a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a yield of 3.2%. This is a positive change from Matador Resources's previous quarterly dividend of $0.3750. The ex-dividend date of this dividend is Tuesday, November 10th. Matador Resources's dividend payout ratio is currently 30.02%.

Insider Buying and Selling at Matador Resources

In other news, CEO Joseph Foran purchased 555 shares of the business's stock in a transaction dated Wednesday, August 26th. The stock was bought at an average price of $54.49 per share, for a total transaction of $30,241.95. Following the purchase, the chief executive officer owned 4,772 shares of the company's stock, valued at $260,026.28. The trade was a 13.16% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP William Elsener purchased 850 shares of the business's stock in a transaction dated Monday, August 10th. The shares were purchased at an average price of $50.94 per share, with a total value of $43,299.00. Following the purchase, the executive vice president directly owned 114,879 shares in the company, valued at $5,851,936.26. This trade represents a 0.75% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 23,144 shares of company stock worth $1,211,793 over the last ninety days. 5.90% of the stock is currently owned by company insiders.

More Matador Resources News

Here are the key news stories impacting Matador Resources this week:

• Positive Sentiment: Matador’s 51%-owned San Mateo Midstream joint venture signed a new long-term, fixed-fee natural gas gathering and processing agreement with a large Northern Delaware Basin producer, alongside a second agreement and infrastructure expansion. The fixed-fee arrangement may support more predictable midstream revenue and the expansion could help accommodate additional activity. Article: Matador announces San Mateo expansion and agreements
• Positive Sentiment: Zacks reported that the average Wall Street price target implies about 26.8% upside for MTDR, and noted a positive trend in earnings estimate revisions. Price targets are estimates, not a guarantee of future performance. Article: Wall Street analyst price targets for Matador
• Neutral Sentiment: Riverwater Partners’ Q3 2026 investor letter disclosed that its Sustainable Value Strategy initiated a position in Matador. The supplied article excerpt does not give the firm’s specific investment rationale; the strategy overall underperformed its benchmark during the quarter. Article: Riverwater Partners’ Matador position
• Neutral Sentiment: A separate article previews Matador’s earnings and what investors may watch, but the provided information gives no specific forecasts or results to assess. Article: Matador earnings preview

Analysts Set New Price Targets

Several research analysts have weighed in on MTDR shares. Scotiabank assumed coverage on Matador Resources in a research report on Thursday, October 15th. They issued a "sector perform" rating and a $59.00 price objective on the stock. Wall Street Zen lowered Matador Resources from a "strong-buy" rating to a "buy" rating in a research report on Saturday, October 17th. UBS Group lifted their target price on Matador Resources from $56.00 to $64.00 and gave the stock a "neutral" rating in a research note on Monday, September 14th. Truist Financial lifted their target price on Matador Resources from $59.00 to $65.00 and gave the stock a "buy" rating in a research note on Wednesday, October 14th. Finally, Seaport Research Partners assumed coverage on shares of Matador Resources in a report on Thursday, September 3rd. They issued a "neutral" rating on the stock. Twelve research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $68.43.

Matador Resources Company Profile

Matador Resources Company NYSE: MTDR is an independent energy company engaged in the exploration, development, production and acquisition of oil, natural gas and natural gas liquids. The company focuses primarily on unconventional, or shale, resource plays and operates across both upstream exploration and production and related midstream activities.

Matador's principal exploration and production operations are located in the Delaware Basin in southeastern New Mexico and West Texas. Its midstream operations, conducted primarily through San Mateo Midstream, provide natural gas gathering and processing, crude oil and produced-water gathering, and water sourcing and disposal services that support the company's operations and other producers in the region.

Founded in 2003 and headquartered in Dallas, Texas, Matador has historically expanded through development and acquisitions in U.S.

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