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Stock market today: World stocks track Wall Street gains, Japan shares hit record high
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S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Bezos and Gates Invest in Search for Tech's Best-Kept Secret (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Game-Changing Cancer Tech Nears FDA Completion (Ad)
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
Critical asset just had biggest fall on record (Ad)
Stock market today: World stocks track Wall Street gains, Japan shares hit record high
China's manufacturing activity contracts for 5th straight month despite policy support
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Bezos and Gates Invest in Search for Tech's Best-Kept Secret (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Game-Changing Cancer Tech Nears FDA Completion (Ad)
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
Critical asset just had biggest fall on record (Ad)
Stock market today: World stocks track Wall Street gains, Japan shares hit record high
China's manufacturing activity contracts for 5th straight month despite policy support
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Bezos and Gates Invest in Search for Tech's Best-Kept Secret (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Game-Changing Cancer Tech Nears FDA Completion (Ad)
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
Critical asset just had biggest fall on record (Ad)
Stock market today: World stocks track Wall Street gains, Japan shares hit record high
China's manufacturing activity contracts for 5th straight month despite policy support
NYSE:MTDR

Matador Resources (MTDR) Stock Price, News & Analysis

$63.13
+0.43 (+0.69%)
(As of 02/29/2024 ET)
Today's Range
$62.42
$63.50
50-Day Range
$52.87
$63.13
52-Week Range
$42.04
$67.71
Volume
1.31 million shs
Average Volume
1.39 million shs
Market Capitalization
$7.55 billion
P/E Ratio
8.95
Dividend Yield
1.27%
Price Target
$70.38

Matador Resources MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
11.5% Upside
$70.38 Price Target
Short Interest
Bearish
9.25% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.73mentions of Matador Resources in the last 14 days
Based on 15 Articles This Week
Insider Trading
Acquiring Shares
$369,250 Bought Last Quarter
Proj. Earnings Growth
7.74%
From $6.98 to $7.52 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.

3.90 out of 5 stars

Oils/Energy Sector

76th out of 240 stocks

Crude Petroleum & Natural Gas Industry

31st out of 77 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 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

Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
2 'Strong-Buy'-Rated Russell 2000 Stocks to Scoop Up Now
MTDR Apr 2024 35.000 put
Matador Resources (NYSE:MTDR) Upgraded at StockNews.com
Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
Matador Resources' (NYSE:MTDR) Dividend Will Be $0.20
Matador Resources's Earnings: A Preview
Matador Resources Q4 2023 Earnings Preview
Matador Resources earnings: here's what to expect
Matador Resources Co
MTDR Jan 2026 90.000 call
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 3/13 Dividend
2/22/2024
Today
3/01/2024
Dividend Payable
3/13/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
57648520
Employees
360
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$70.38
High Stock Price Target
$76.00
Low Stock Price Target
$62.00
Potential Upside/Downside
+11.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$846.07 million
Pretax Margin
39.06%

Debt

Sales & Book Value

Annual Sales
$2.81 billion
Cash Flow
$13.07 per share
Book Value
$34.65 per share

Miscellaneous

Free Float
111,987,000
Market Cap
$7.52 billion
Optionable
Optionable
Beta
3.32
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MTDR Stock Analysis - Frequently Asked Questions

Should I buy or sell Matador Resources stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MTDR shares.
View MTDR analyst ratings
or view top-rated stocks.

What is Matador Resources' stock price target for 2024?

7 equities research analysts have issued 12-month target prices for Matador Resources' stock. Their MTDR share price targets range from $62.00 to $76.00. On average, they expect the company's share price to reach $70.38 in the next year. This suggests a possible upside of 11.5% from the stock's current price.
View analysts price targets for MTDR
or view top-rated stocks among Wall Street analysts.

How have MTDR shares performed in 2024?

Matador Resources' stock was trading at $56.86 on January 1st, 2024. Since then, MTDR stock has increased by 11.0% and is now trading at $63.13.
View the best growth stocks for 2024 here
.

When is Matador Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our MTDR earnings forecast
.

How were Matador Resources' earnings last quarter?

Matador Resources (NYSE:MTDR) posted its earnings results on Wednesday, February, 21st. The energy company reported $1.99 earnings per share for the quarter, missing the consensus estimate of $2.04 by $0.05. The energy company had revenue of $836.13 million for the quarter, compared to analysts' expectations of $842.96 million. Matador Resources had a trailing twelve-month return on equity of 21.54% and a net margin of 30.14%. The firm's quarterly revenue was up 18.2% on a year-over-year basis. During the same period last year, the business earned $2.08 EPS.

How often does Matador Resources pay dividends? What is the dividend yield for Matador Resources?

Matador Resources announced a quarterly dividend on Tuesday, February 13th. Stockholders of record on Friday, February 23rd will be given a dividend of $0.20 per share on Wednesday, March 13th. This represents a $0.80 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend is Thursday, February 22nd.
Read our dividend analysis for MTDR
.

Is Matador Resources a good dividend stock?

Matador Resources (NYSE:MTDR) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.28%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 11.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTDR will have a dividend payout ratio of 10.64% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MTDR.

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.

What other stocks do shareholders of Matador Resources own?

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

Who are Matador Resources' major shareholders?

Matador Resources' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.25%), Dimensional Fund Advisors LP (3.38%), Victory Capital Management Inc. (2.88%), Goldman Sachs Group Inc. (1.85%), GW&K Investment Management LLC (1.64%) and Clearbridge Investments LLC (1.53%). Insiders that own company stock include Billy E Goodwin, Craig N Adams, Craig N Adams, Joseph Wm Foran, Monika U Ehrman, Reynald Baribault, Robert Gaines Baty, Robert T Macalik, Timothy E Parker, William M Byerley and William Thomas Elsener.
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.

This page (NYSE:MTDR) was last updated on 3/1/2024 by MarketBeat.com Staff