NYSE:MTDRMatador Resources Stock Price, Forecast & News

Matador Resources' stock was trading at $1.98 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MTDR stock has increased by 341.9% and is now trading at $8.75. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 9 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Matador Resources.

Matador Resources is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Matador Resources.

Matador Resources Co (NYSE:MTDR) posted its quarterly earnings results on Wednesday, April, 29th. The energy company reported $0.20 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.18. The energy company earned $371.60 million during the quarter, compared to analyst estimates of $228.02 million. Matador Resources had a net margin of 19.51% and a return on equity of 7.20%. The company's quarterly revenue was up 113.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.19 EPS. View Matador Resources' earnings history.

15 Wall Street analysts have issued 12 month price targets for Matador Resources' shares. Their forecasts range from $4.00 to $26.00. On average, they expect Matador Resources' stock price to reach $12.69 in the next year. This suggests a possible upside of 45.1% from the stock's current price. View analysts' price targets for Matador Resources.

Press coverage about MTDR stock has been trending positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Matador Resources earned a media sentiment score of 2.1 on InfoTrie's scale. They also gave news articles about the energy company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news about Matador Resources.

Matador Resources saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 25,260,000 shares, a decrease of 6.8% from the June 15th total of 27,090,000 shares. Based on an average trading volume of 6,920,000 shares, the days-to-cover ratio is presently 3.7 days. Currently, 23.2% of the shares of the stock are short sold. View Matador Resources' Current Options Chain.

Some companies that are related to Matador Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Continental Resources (CLR), Diamondback Energy (FANG), Apache (APA), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC) and Range Resources (RRC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Matador Resources investors own include Laredo Petroleum (LPI), Energy Transfer LP Unit (ET), Teekay Tankers (TNK), Callon Petroleum (CPE), Oasis Petroleum (OAS), WPX Energy (WPX), Ford Motor (F), Occidental Petroleum (OXY), SM Energy (SM) and Walt Disney (DIS).

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

Matador Resources' stock is owned by many different institutional and retail investors. Top institutional shareholders include Central Bank & Trust Co. (0.04%), Louisiana State Employees Retirement System (0.03%), Brasada Capital Management LP (0.02%) and Envestnet Asset Management Inc. (0.01%). Company insiders that own Matador Resources stock include Billy E Goodwin, Bradley M Robinson, Craig N Adams, David E Lancaster, David M Posner, George G Krug, Joseph Wm Foran, Kenneth L Stewart, Matthew V Hairford, Monika U Ehrman, Reynald Baribault, Robert T Macalik, Rogers Julia P Forrester, Timothy E Parker, Van H Singleton II and William M Byerley. View institutional ownership trends for Matador Resources.

MTDR stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Central Bank & Trust Co., and Brasada Capital Management LP. View insider buying and selling activity for Matador Resources.

MTDR stock was purchased by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. Company insiders that have bought Matador Resources stock in the last two years include Billy E Goodwin, Bradley M Robinson, Craig N Adams, David E Lancaster, David M Posner, George G Krug, Joseph Wm Foran, Kenneth L Stewart, Matthew V Hairford, Monika U Ehrman, Reynald Baribault, Robert T Macalik, Rogers Julia P Forrester, Timothy E Parker, Van H Singleton II, and William M Byerley. View insider buying and selling activity for Matador Resources.

Shares of MTDR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of MTDR stock can currently be purchased for approximately $8.75.

Matador Resources has a market capitalization of $1.02 billion and generates $983.67 million in revenue each year. The energy company earns $87.78 million in net income (profit) each year or $1.20 on an earnings per share basis. Matador Resources employs 264 workers across the globe.

The official website for Matador Resources is www.matadorresources.com.

Matador Resources' mailing address is 5400 LBJ Freeway Suite 1500, Dallas TX, 75240. The energy company can be reached via phone at 972-371-5200 or via email at [email protected]