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S&P 500   4,026.12
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Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Saudi viewers angry over apparent ban on World Cup streaming
Walmart shooting claims teen, young woman, father, mother
See how to make money instead of spending it on Black Friday with this offer (Ad)
Cuba's informal market finds new space on growing internet
Bird flu prompts slaughter of 1.8M chickens in Nebraska
See how to make money instead of spending it on Black Friday with this offer (Ad)
Best Buy Proves Brick and Mortar is Here to Stay
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Saudi viewers angry over apparent ban on World Cup streaming
Walmart shooting claims teen, young woman, father, mother
See how to make money instead of spending it on Black Friday with this offer (Ad)
Cuba's informal market finds new space on growing internet
Bird flu prompts slaughter of 1.8M chickens in Nebraska
See how to make money instead of spending it on Black Friday with this offer (Ad)
Best Buy Proves Brick and Mortar is Here to Stay
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Saudi viewers angry over apparent ban on World Cup streaming
Walmart shooting claims teen, young woman, father, mother
See how to make money instead of spending it on Black Friday with this offer (Ad)
Cuba's informal market finds new space on growing internet
Bird flu prompts slaughter of 1.8M chickens in Nebraska
See how to make money instead of spending it on Black Friday with this offer (Ad)
Best Buy Proves Brick and Mortar is Here to Stay
US-England World Cup game seen by 19.98M on US television
NYSE:MTDR

Matador Resources - MTDR Stock Forecast, Price & News

$66.54
-0.20 (-0.30%)
(As of 11/25/2022 08:58 PM ET)
Add
Compare
Today's Range
$66.47
$68.23
50-Day Range
$45.41
$73.37
52-Week Range
$33.49
$73.78
Volume
237,000 shs
Average Volume
1.66 million shs
Market Capitalization
$7.86 billion
P/E Ratio
6.78
Dividend Yield
0.60%
Price Target
$69.75

Matador Resources MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
4.8% Upside
$69.75 Price Target
Short Interest
Bearish
7.95% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.17mentions of Matador Resources in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-11.86%
From $10.79 to $9.51 Per Share

Overall MarketRank

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

1.52 out of 5 stars

Oils/Energy Sector

225th out of 243 stocks

Crude Petroleum & Natural Gas Industry

76th out of 80 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; provides natural gas processing and oil transportation services; and offers oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. As of December 31, 2021, its estimated total proved oil and natural gas reserves were 323.4 million barrels of oil equivalent, including 181.3 million stock tank barrels of oil and 852.5 billion cubic feet of natural gas. 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.

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MTDR Stock News Headlines

Devon Energy Lower After Beating Q3 Views But Slashing Dividend (MTDR)
Oil-and-gas explorer Devon Energy was trading lower Wednesday after Q3 results that beat views, but investors gave a thumbs down to a 13% dividend cut.
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Matador Resources (NYSE:MTDR) Trading Down 6.5%
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Preview: Matador Resources's Earnings
Matador Resources Stock Breaks Out Ahead Of Earnings
What 4 Analyst Ratings Have To Say About Matador Resources
RSI Alert: Matador Resources Now Oversold
See More Headlines
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MTDR Company Calendar

Ex-Dividend for 9/1 Dividend
8/16/2022
Dividend Payable
9/01/2022
Last Earnings
10/25/2022
Ex-Dividend for 12/1 Dividend
11/09/2022
Today
11/28/2022
Dividend Payable
12/01/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/28/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
57648520
Employees
286
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$69.75
High Stock Price Forecast
$85.00
Low Stock Price Forecast
$57.00
Forecasted Upside/Downside
+4.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$584.97 million
Pretax Margin
56.13%

Debt

Sales & Book Value

Annual Sales
$1.66 billion
Cash Flow
$7.28 per share
Book Value
$18.13 per share

Miscellaneous

Free Float
111,545,000
Market Cap
$7.86 billion
Optionable
Optionable
Beta
3.58

Key Executives

  • Mr. Joseph Wm. ForanMr. Joseph Wm. Foran (Age 70)
    Founder, Chairman & CEO
    Comp: $3.85M
  • Mr. Craig N. Adams J.D.Mr. Craig N. Adams J.D. (Age 55)
    Exec. VP, Co-COO, Chief of Staff & Corp. Sec.
    Comp: $1.88M
  • Mr. Billy E. GoodwinMr. Billy E. Goodwin (Age 64)
    Pres of Operations
    Comp: $1.87M
  • Mr. Rey Antonio M. Revoltar
    Chief Exec. Officer
  • Mr. Michael D. Frenzel (Age 40)
    Principal Financial Officer, Sr. VP & Treasurer
  • Mr. Christopher P. Calvert (Age 43)
    Co-Chief Operating Officer
  • Mr. Robert T. MacalikMr. Robert T. Macalik (Age 43)
    Sr. VP & Chief Accounting Officer
  • Mr. Bryan A. Erman (Age 44)
    Sr. VP & Gen. Counsel
  • Mr. George Gregg Krug (Age 61)
    Exec. VP of Marketing & Midstream
  • Mr. Van H. Singleton II (Age 44)
    Pres of Land, Acquisitions & Divestitures and Planning













MTDR Stock - Frequently Asked Questions

Should I buy or sell Matador Resources stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research 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?

7 brokers have issued 12 month target prices for Matador Resources' stock. Their MTDR share price forecasts range from $57.00 to $85.00. On average, they predict the company's share price to reach $69.75 in the next year. This suggests a possible upside of 4.8% 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 2022?

Matador Resources' stock was trading at $36.92 at the start of the year. Since then, MTDR shares have increased by 80.2% and is now trading at $66.54.
View the best growth stocks for 2022 here
.

When is Matador Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our MTDR earnings forecast
.

How were Matador Resources' earnings last quarter?

Matador Resources (NYSE:MTDR) released its quarterly earnings results on Tuesday, October, 25th. The energy company reported $2.68 earnings per share for the quarter, topping analysts' consensus estimates of $2.63 by $0.05. The energy company had revenue of $751.40 million for the quarter, compared to analysts' expectations of $740.23 million. Matador Resources had a net margin of 40.29% and a trailing twelve-month return on equity of 45.40%. Matador Resources's revenue was up 62.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.25 EPS.

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

Matador Resources declared a quarterly dividend on Monday, October 24th. Shareholders of record on Thursday, November 10th will be paid a dividend of $0.10 per share on Thursday, December 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date of this dividend is Wednesday, November 9th.
Read our dividend analysis for MTDR
.

Is Matador Resources a good dividend stock?

Matador Resources (NYSE:MTDR) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.60%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTDR will have a dividend payout ratio of 4.21% 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 investors include BlackRock Inc. (11.10%), Vanguard Group Inc. (9.52%), Dimensional Fund Advisors LP (4.42%), State Street Corp (4.20%), Alliancebernstein L.P. (3.64%) and Neuberger Berman Group LLC (1.94%). Insiders that own company stock include Billy E Goodwin, Billy E Goodwin, Bradley M Robinson, Craig N Adams, Craig N Adams, Craig T Burkert, David E Lancaster, David M Posner, Joseph Wm Foran, Kenneth L Stewart, Matthew V Hairford, Monika U Ehrman, Reynald Baribault, Robert Gaines Baty, Robert T Macalik, Robert T Macalik, Rogers Julia P Forrester, Timothy E Parker, Van H Singleton II and William M Byerley.
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 $66.54.

How much money does Matador Resources make?

Matador Resources (NYSE:MTDR) has a market capitalization of $7.86 billion and generates $1.66 billion in revenue each year. The energy company earns $584.97 million in net income (profit) each year or $9.82 on an earnings per share basis.

How many employees does Matador Resources have?

The company employs 286 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 11/28/2022 by MarketBeat.com Staff