About Matador Resources Company
Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. The Company's segment is oil and natural gas exploration and production. The Company's operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. The Company also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas. The Company's properties include approximately 39,000 gross (29,300 net) acres in the Eagle Ford shale play in Atascosa, DeWitt, Gonzales, Karnes, La Salle, Wilson and Zavala Counties in South Texas. The Company operates approximately two rigs in the Eagle Ford shale in South Texas.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Independent Oil & Gas
- Sub-Industry: Oil & Gas Exploration & Production
- Exchange: NYSE
- Symbol: MTDR
- CUSIP: 57648520
- Previous Close: $25.56
- 50 Day Moving Average: $26.22
- 200 Day Moving Average: $24.29
- 52-Week Range: $14.02 - $28.51
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 33.63
- P/E Growth: -11.41
- Market Cap: $2.39B
- Outstanding Shares: 93,469,000
- Beta: 1.27
- Net Margins: -176.09%
- Return on Equity: -1.60%
- Return on Assets: -0.66%
Companies Related to Matador Resources Company:
- Debt-to-Equity Ratio: 1.04%
- Current Ratio: 0.53%
- Quick Ratio: 0.51%
What is Matador Resources Company's stock symbol?
Matador Resources Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTDR."
Where is Matador Resources Company's stock going? Where will Matador Resources Company's stock price be in 2017?
20 equities research analysts have issued twelve-month price targets for Matador Resources Company's stock. Their forecasts range from $17.00 to $34.00. On average, they expect Matador Resources Company's stock price to reach $26.26 in the next year.
When will Matador Resources Company announce their earnings?
Matador Resources Company is scheduled to release their next quarterly earnings announcement on Wednesday, February, 22nd 2017.
What are analysts saying about Matador Resources Company stock?
Here are some recent quotes from research analysts about Matador Resources Company stock:
According to Zacks Investment Research, "Matador Resources Company is an energy company engaged in the exploration, development and acquisition of oil and natural gas resources in the United States. It focuses on oil and natural gas shale plays and other unconventional resource plays. Matador has operations primarily in Texas and Louisiana. The Company has acreage positions in west Texas, New Mexico, Wyoming, Utah and Idaho. Matador Resources Company is headquartered in Dallas, Texas. " (2/17/2017)
Canaccord Genuity analysts commented, "We got the capital infusion many were waiting from MTDR; the size and source of that capital, however, was unexpected. The company had on its Q3 call strongly reiterated its ability to monetize the Rustler Breaks gas processing facility. While just over $62M is going towards an acquisition, proceeds of ~$330M from the combined debt and equity offerings begs the question, why the large capital markets transaction and not a midstream monetization?" We admit there is a bullish explanation for retaining the gas plant. For example, the E&P cost structure benefits from keeping midstream in house and since reasonably cheap capital is available, pocketing the Rustler facility makes sense. That said, the additional equity offsets some of the positive impact to NAV from the fourth rig we now assume next year. Moreover, capital efficiency as measured by either CF/DAS growth or CROCI still lags Permian peers. Maintain HOLD. Can’t argue too much with equity near 52-week highs, issuing new debt above par MTDR is selling 6M shares which should net ~$145M. Given the move in the stock post-OPEC, we are not shocked by equity. The additional $175M tacked onto its existing $400M of 6.875% notes outstanding (due 2023) is being issued at 105.5% of par, so MTDR will take in ~$185M in cash." (12/7/2016)
Who owns Matador Resources Company stock?
Matador Resources Company's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (3.51%), Silvercrest Asset Management Group LLC (2.40%), Franklin Resources Inc. (2.32%), Hodges Capital Management Inc. (1.90%), Discovery Capital Management LLC CT (1.09%) and Ranger Investment Management L.P. (0.56%). Company insiders that own Matador Resources Company stock include Carlos M Sepulveda, David M Laney, Joe A Davis, Joseph Wm Foran, Steven W Ohnimus and William M Byerley.
Who sold Matador Resources Company stock? Who is selling Matador Resources Company stock?
Matador Resources Company's stock was sold by a variety of institutional investors in the last quarter, including Cortina Asset Management LLC, Nicholas Investment Partners LP, Ranger Investment Management L.P., Century Capital Management LLC, Metropolitan Life Insurance Co. NY and First Republic Investment Management Inc..
Who bought Matador Resources Company stock? Who is buying Matador Resources Company stock?
Matador Resources Company's stock was bought by a variety of institutional investors in the last quarter, including Discovery Capital Management LLC CT, Marshall Wace LLP, State Street Corp, FMR LLC, Silvercrest Asset Management Group LLC, United Capital Financial Advisers LLC, Envestnet Asset Management Inc. and Cipher Capital LP. Company insiders that have bought Matador Resources Company stock in the last two years include Carlos M Sepulveda, David M Laney, Joe A Davis, Joseph Wm Foran and William M Byerley.
How do I buy Matador Resources Company stock?
Shares of Matador Resources Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Matador Resources Company stock cost?
One share of Matador Resources Company stock can currently be purchased for approximately $25.56.