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NYSE:MTDR

Matador Resources (MTDR) Stock Forecast, Price & News

$57.26
-0.18 (-0.31%)
(As of 09/22/2023 ET)
Compare
Today's Range
$56.86
$58.44
50-Day Range
$52.64
$64.54
52-Week Range
$42.04
$73.78
Volume
1.01 million shs
Average Volume
1.39 million shs
Market Capitalization
$6.82 billion
P/E Ratio
7.48
Dividend Yield
1.05%
Price Target
$72.63

Matador Resources MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
26.8% Upside
$72.63 Price Target
Short Interest
Bearish
9.50% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.92mentions of Matador Resources in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$9,987 Bought Last Quarter
Proj. Earnings Growth
34.65%
From $6.35 to $8.55 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.32 out of 5 stars

Oils/Energy Sector

11th out of 229 stocks

Crude Petroleum & Natural Gas Industry

10th out of 74 stocks


MTDR stock logo

About Matador Resources (NYSE:MTDR) Stock

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 Price History

MTDR Stock News Headlines

Mizuho Boosts Matador Resources (NYSE:MTDR) Price Target to $80.00
Matador Resources (NYSE:MTDR) Shares Gap Up on Analyst Upgrade
Unusual Passive Income Investment (Found on a Golf Course)
One man turned $1,000 into a decades long passive income stream... eventually reaching $100,000 per year! All from a single golf course tip. CLICK HERE TO FIND OUT HOW HE DID IT
What 7 Analyst Ratings Have To Say About Matador Resources
Unusual Passive Income Investment (Found on a Golf Course)
One man turned $1,000 into a decades long passive income stream... eventually reaching $100,000 per year! All from a single golf course tip. CLICK HERE TO FIND OUT HOW HE DID IT
Matador Resources: Still In A Buy Zone
Mizuho Upgrades Matador Resources (MTDR)
Q2 2023 Matador Resources Co Earnings Call
Matador Resources (MTDR) Beats Q2 Earnings Estimates
See More Headlines
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MTDR Company Calendar

Last Earnings
7/25/2023
Ex-Dividend for 9/1 Dividend
8/10/2023
Dividend Payable
9/01/2023
Today
9/22/2023
Next Earnings (Estimated)
10/24/2023
Fiscal Year End
12/31/2023

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 Forecast
$72.63
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$62.00
Forecasted Upside/Downside
+26.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
9 Analysts

Profitability

Net Income
$1.21 billion
Pretax Margin
46.99%

Debt

Sales & Book Value

Annual Sales
$3.06 billion
Cash Flow
$14.46 per share
Book Value
$28.07 per share

Miscellaneous

Free Float
111,999,000
Market Cap
$6.82 billion
Optionable
Optionable
Beta
3.53
7 Stocks to Buy And Hold Forever Cover

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Key Executives

  • Mr. Joseph Wm. ForanMr. Joseph Wm. Foran (Age 71)
    Founder, Chairman & CEO
    Comp: $4.48M
  • Mr. Craig N. Adams J.D.Mr. Craig N. Adams J.D. (Age 56)
    Exec. VP, Co-COO, Chief of Staff & Corp. Sec.
    Comp: $2.28M
  • Mr. Billy E. GoodwinMr. Billy E. Goodwin (Age 65)
    Pres of Operations
    Comp: $2.28M
  • Mr. Van H. Singleton II (Age 45)
    Pres of Land, Acquisitions, Divestitures & Planning
    Comp: $2.28M
  • Mr. Michael D. Frenzel (Age 41)
    Exec. VP & Treasurer
    Comp: $934.89k
  • Mr. Brian J. Willey (Age 46)
    CFO, Pres of Midstream Operations & Exec. VP
  • Mr. Christopher P. Calvert (Age 44)
    Exec. VP & Co-Chief Operating Officer
  • Mr. Robert T. MacalikMr. Robert T. Macalik (Age 44)
    Exec. VP & Chief Accounting Officer
  • Mr. Mac Schmitz
    VP of Investor Relations
  • Mr. Bryan A. Erman (Age 45)
    Exec. VP, Gen. Counsel & Head of M&A













MTDR Stock - Frequently Asked Questions

Should I buy or sell Matador Resources stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last twelve months. There are currently 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MTDR shares.
View MTDR analyst ratings
or view top-rated stocks.

What is Matador Resources' stock price forecast for 2023?

9 Wall Street research analysts have issued 12-month price targets for Matador Resources' shares. Their MTDR share price forecasts range from $62.00 to $80.00. On average, they predict the company's share price to reach $72.63 in the next twelve months. This suggests a possible upside of 26.8% 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 2023?

Matador Resources' stock was trading at $57.24 at the beginning of the year. Since then, MTDR shares have increased by 0.0% and is now trading at $57.26.
View the best growth stocks for 2023 here
.

When is Matador Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our MTDR earnings forecast
.

How were Matador Resources' earnings last quarter?

Matador Resources (NYSE:MTDR) announced its quarterly earnings data on Tuesday, July, 25th. The energy company reported $1.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.54 by $0.12. The energy company had revenue of $638.20 million for the quarter, compared to analysts' expectations of $636.91 million. Matador Resources had a net margin of 33.46% and a trailing twelve-month return on equity of 27.40%. The company's revenue was down 32.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.47 EPS.

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

Matador Resources announced a quarterly dividend on Wednesday, July 19th. Stockholders of record on Friday, August 11th will be given a dividend of $0.15 per share on Friday, September 1st. This represents a $0.60 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date is Thursday, August 10th.
Read our dividend analysis for MTDR
.

Is Matador Resources a good dividend stock?

Matador Resources (NYSE:MTDR) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.03%. 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 7.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTDR will have a dividend payout ratio of 7.02% 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).

What is Matador Resources' stock symbol?

Matador Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTDR."

Who are Matador Resources' major shareholders?

Matador Resources' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.57%), State Street Corp (4.31%), Dimensional Fund Advisors LP (3.41%), Silvercrest Asset Management Group LLC (2.65%), Victory Capital Management Inc. (2.40%) and JPMorgan Chase & Co. (2.02%). Insiders that own company stock include Billy E Goodwin, Billy E Goodwin, Craig N Adams, Craig N Adams, Craig T Burkert, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Matador Resources' stock price today?

One share of MTDR stock can currently be purchased for approximately $57.26.

How much money does Matador Resources make?

Matador Resources (NYSE:MTDR) has a market capitalization of $6.82 billion and generates $3.06 billion in revenue each year. The energy company earns $1.21 billion in net income (profit) each year or $7.66 on an earnings per share basis.

How many employees does Matador Resources have?

The company employs 360 workers across the globe.

How can I contact Matador Resources?

Matador Resources' mailing address is 5400 LBJ Freeway Suite 1500, Dallas TX, 75240. The official website for the company is www.matadorresources.com. The energy company can be reached via phone at (972) 371-5200, via email at investors@matadorresources.com, or via fax at 972-371-5201.

This page (NYSE:MTDR) was last updated on 9/22/2023 by MarketBeat.com Staff

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