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 in 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 and East Texas. 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 salt water gathering, as well as salt water disposal services to third parties. As of December 31, 2017, its estimated total proved oil and natural gas reserves were 152.8 million barrels of oil equivalent, including 86.7 million stock tank barrels of oil and 396.2 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Current SymbolNYSE:MTDR
Previous Symbol
CUSIP57648520
Phone972-371-5200
Debt
Debt-to-Equity Ratio0.62
Current Ratio0.69
Quick Ratio0.63
Price-To-Earnings
Trailing P/E Ratio24.13
Forward P/E Ratio10.46
P/E Growth0.51
Sales & Book Value
Annual Sales$544.28 million
Price / Sales3.71
Cash Flow$2.1080 per share
Price / Cash Flow8.24
Book Value$11.60 per share
Price / Book1.50
Profitability
EPS (Most Recent Fiscal Year)$0.72
Net Income$125.86 million
Net Margins22.69%
Return on Equity11.17%
Return on Assets6.64%
Miscellaneous
Employees217
Outstanding Shares116,330,000
Market Cap$2.22 billion
OptionableOptionable
Matador Resources (NYSE:MTDR) Frequently Asked Questions
What is Matador Resources' stock symbol?
Matador Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTDR."
How were Matador Resources' earnings last quarter?
Matador Resources Co (NYSE:MTDR) issued its earnings results on Wednesday, October, 31st. The energy company reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.11. The energy company had revenue of $207.18 million for the quarter, compared to the consensus estimate of $208.75 million. Matador Resources had a return on equity of 11.17% and a net margin of 22.69%. The firm's quarterly revenue was up 64.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.11 EPS. View Matador Resources' Earnings History.
When is Matador Resources' next earnings date?
What price target have analysts set for MTDR?
17 Wall Street analysts have issued twelve-month price targets for Matador Resources' shares. Their predictions range from $21.00 to $45.00. On average, they anticipate Matador Resources' stock price to reach $35.75 in the next twelve months. This suggests a possible upside of 105.8% from the stock's current price. View Analyst Price Targets for Matador Resources.
What is the consensus analysts' recommendation for Matador Resources?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Matador Resources.
Has Matador Resources been receiving favorable news coverage?
News articles about MTDR stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Matador Resources earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned press coverage about the energy company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future.
Who are some of Matador Resources' key competitors?
Some companies that are related to Matador Resources include Energen (EGN), Cimarex Energy (XEC), Encana (ECA), Parsley Energy (PE), WPX Energy (WPX), EQT (EQT), Murphy Oil (MUR), Antero Resources (AR), Centennial Resource Development (CDEV), Viper Energy Partners (VNOM), Black Stone Minerals (BSM), Vermilion Energy (VET), Range Resources (RRC), Newfield Exploration (NFX) and Magnolia Oil & Gas (MGY).
Who are Matador Resources' key executives?
Matador Resources' management team includes the folowing people:
- Mr. Joseph Wm. Foran, Founder, Chairman, CEO & Sec. (Age 66)
- Mr. Matthew V. Hairford, Pres (Age 57)
- Mr. David E. Lancaster, Exec. VP & CFO (Age 61)
- Mr. Billy E. Goodwin, Exec. VP & Head of Operations (Age 60)
- Mr. Craig N. Adams J.D., Exec. VP of Land, Legal & Admin. (Age 51)
Who are Matador Resources' major shareholders?
Matador Resources' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.49%), Vanguard Group Inc. (8.19%), Vanguard Group Inc (8.19%), Neuberger Berman Group LLC (4.24%), Beck Mack & Oliver LLC (3.51%) and Dimensional Fund Advisors LP (2.91%). Company insiders that own Matador Resources stock include Craig N Adams, David E Lancaster, David M Posner, George G Krug, Joseph Wm Foran, Julia P Forrester, Kenneth L Stewart, Reynald Baribault, Robert T Macalik, Rogers Julia P Forrester, Timothy E Parker and Van H Singleton II. View Institutional Ownership Trends for Matador Resources.
Which major investors are selling Matador Resources stock?
MTDR stock was sold by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, Teachers Advisors LLC, Tributary Capital Management LLC, Morgan Stanley, Neuberger Berman Group LLC, Picton Mahoney Asset Management, Columbus Circle Investors and Mesirow Financial Investment Management Equity Management. View Insider Buying and Selling for Matador Resources.
Which major investors are buying Matador Resources stock?
MTDR stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., BlackRock Inc., Dimensional Fund Advisors LP, Glenmede Trust Co. NA, Conestoga Capital Advisors LLC, Oak Ridge Investments LLC and Elk Creek Partners LLC. Company insiders that have bought Matador Resources stock in the last two years include Craig N Adams, David E Lancaster, David M Posner, George G Krug, Joseph Wm Foran, Julia P Forrester, Kenneth L Stewart, Reynald Baribault, Robert T Macalik, Rogers Julia P Forrester, Timothy E Parker and Van H Singleton II. View Insider Buying and Selling for Matador Resources.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Matador Resources' stock price today?
One share of MTDR stock can currently be purchased for approximately $17.37.
How big of a company is Matador Resources?
Matador Resources has a market capitalization of $2.22 billion and generates $544.28 million in revenue each year. The energy company earns $125.86 million in net income (profit) each year or $0.72 on an earnings per share basis. Matador Resources employs 217 workers across the globe.
What is Matador Resources' official website?
How can I contact Matador Resources?
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]
MarketBeat Community Rating for Matador Resources (NYSE MTDR)
MarketBeat's community ratings are surveys of what our community members think about Matador Resources and other stocks. Vote "Outperform" if you believe MTDR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTDR will underperform the S&P 500 over the long term. You may vote once every thirty days.
