Matador Resources (MTDR) Stock Price, News & Analysis

$62.08
+0.43 (+0.70%)
(As of 05/17/2024 ET)
Today's Range
$61.76
$62.39
50-Day Range
$61.08
$70.15
52-Week Range
$43.12
$71.08
Volume
1.01 million shs
Average Volume
1.26 million shs
Market Capitalization
$7.75 billion
P/E Ratio
8.50
Dividend Yield
1.29%
Price Target
$74.80

Matador Resources MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
20.5% Upside
$74.80 Price Target
Short Interest
Bearish
8.84% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.90mentions of Matador Resources in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.34%
From $7.67 to $8.31 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.

3.70 out of 5 stars

Oils/Energy Sector

84th out of 242 stocks

Crude Petroleum & Natural Gas Industry

32nd out of 78 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

Here's Why Hold Strategy is Apt for Matador Stock Now
Matador: Q1 Earnings Snapshot
Matador Resources Company (MTDR)
RBC Capital Keeps Their Buy Rating on Matador Resources (MTDR)
See More Headlines
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Company Calendar

Ex-Dividend for 3/13 Dividend
2/22/2024
Dividend Payable
3/13/2024
Last Earnings
4/23/2024
Ex-Dividend for 6/7 Dividend
5/16/2024
Today
5/18/2024
Dividend Payable
6/07/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
57648520
Employees
395
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$74.80
High Stock Price Target
$87.00
Low Stock Price Target
$62.00
Potential Upside/Downside
+20.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
10 Analysts

Profitability

Net Income
$846.07 million
Pretax Margin
37.60%

Debt

Sales & Book Value

Annual Sales
$3.04 billion
Cash Flow
$12.99 per share
Book Value
$37.15 per share

Miscellaneous

Free Float
117,293,000
Market Cap
$7.75 billion
Optionable
Optionable
Beta
3.33
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Key Executives

  • Mr. Billy E. GoodwinMr. Billy E. Goodwin (Age 66)
    Executive Officer
    Comp: $2.28M
  • Mr. Van H. Singleton II (Age 46)
    President of Land, Acquisitions, Divestitures & Planning
    Comp: $2.28M
  • Mr. Michael D. Frenzel (Age 41)
    Executive VP & Treasurer
    Comp: $934.89k
  • Mr. Brian J. Willey (Age 47)
    CFO & Executive VP
  • Mr. Christopher P. Calvert (Age 45)
    Executive VP & COO
  • Mr. Robert T. MacalikMr. Robert T. Macalik (Age 45)
    Executive VP & Chief Accounting Officer
  • Mr. Mac Schmitz
    Vice President of Investor Relations
  • Mr. Bryan A. Erman (Age 46)
    Executive VP, General Counsel & Head of M&A
  • Mr. George Gregg Krug (Age 63)
    Executive Vice President of Marketing & Midstream Strategy
  • Mr. Matthew D. Spicer (Age 56)
    Senior VP & GM of Midstream

MTDR Stock Analysis - Frequently Asked Questions

Should I buy or sell Matador Resources stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 10 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?

10 brokers have issued 1 year price targets for Matador Resources' shares. Their MTDR share price targets range from $62.00 to $87.00. On average, they anticipate the company's stock price to reach $74.80 in the next twelve months. This suggests a possible upside of 20.5% 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 at the beginning of the year. Since then, MTDR stock has increased by 9.2% and is now trading at $62.08.
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, July 23rd 2024.
View our MTDR earnings forecast
.

How were Matador Resources' earnings last quarter?

Matador Resources (NYSE:MTDR) released its quarterly earnings data on Tuesday, April, 23rd. The energy company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.32. The energy company earned $787.70 million during the quarter, compared to analysts' expectations of $740.99 million. Matador Resources had a net margin of 28.89% and a trailing twelve-month return on equity of 20.62%. The firm's revenue for the quarter was up 40.6% on a year-over-year basis. During the same quarter last year, the business posted $1.50 EPS.

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

Matador Resources announced a quarterly dividend on Wednesday, April 17th. Investors of record on Friday, May 17th will be paid a dividend of $0.20 per share on Friday, June 7th. This represents a $0.80 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date of this dividend is Thursday, May 16th.
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 1.30%. 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 10.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTDR will have a dividend payout ratio of 9.63% 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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.92%), Silvercrest Asset Management Group LLC (2.28%), Clearbridge Investments LLC (1.63%), Wasatch Advisors LP (0.98%), Price T Rowe Associates Inc. MD (0.89%) and Principal Financial Group Inc. (0.86%). 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 5/18/2024 by MarketBeat.com Staff

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