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
SymbolNYSE:MTDR
CUSIP57648520
Phone972-371-5200
Debt
Debt-to-Equity Ratio0.42
Current Ratio0.68
Quick Ratio0.65
Price-To-Earnings
Trailing P/E Ratio43.19
Forward P/E Ratio21.69
P/E Growth0.71
Sales & Book Value
Annual Sales$544.28 million
Price / Sales6.76
Cash Flow$2.3083 per share
Price / Cash13.72
Book Value$11.60 per share
Price / Book2.73
Profitability
EPS (Most Recent Fiscal Year)$0.72
Net Income$125.86 million
Net Margins23.15%
Return on Equity8.31%
Return on Assets4.73%
Miscellaneous
Employees217
Outstanding Shares116,260,000
Market Cap$3,698.20
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) announced its quarterly earnings data on Wednesday, May, 2nd. The energy company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.32 by $0.04. The energy company earned $182 million during the quarter, compared to the consensus estimate of $168.16 million. Matador Resources had a net margin of 23.15% and a return on equity of 8.31%. The company's quarterly revenue was up 58.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.08 EPS. View Matador Resources' Earnings History.
When is Matador Resources' next earnings date?
What price target have analysts set for MTDR?
14 brokerages have issued 12 month price targets for Matador Resources' shares. Their predictions range from $26.00 to $43.00. On average, they expect Matador Resources' stock price to reach $34.9286 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Ratings for Matador Resources.
What is the consensus analysts' recommendation for Matador Resources?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Matador Resources' key competitors?
Some companies that are related to Matador Resources include EQT (EQT), Cenovus Energy (CVE), Diamondback Energy (FANG), Encana (ECA), TORAY INDUSTRIE/ADR (TRYIY), Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), RSP Permian (RSPP), WPX Energy (WPX), Energen (EGN), Antero Resources (AR), Newfield Exploration (NFX), Murphy Oil (MUR) and Vermilion Energy (VET).
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)
Has Matador Resources been receiving favorable news coverage?
Press coverage about MTDR stock has trended somewhat negative on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Matador Resources earned a coverage optimism score of -0.01 on Accern's scale. They also assigned news articles about the energy company an impact score of 45.76 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Matador Resources' major shareholders?
Matador Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include Copper Rock Capital Partners LLC (0.73%), Fisher Asset Management LLC (0.30%), Fenimore Asset Management Inc. (0.26%), Bank of Montreal Can (0.09%), First National Bank of Omaha (0.06%) and CHURCHILL MANAGEMENT Corp (0.05%). Company insiders that own Matador Resources stock include David M Laney, David M Posner, Joe A Davis, Joseph Wm Foran, Julia P Forrester, Kenneth L Stewart, Robert T Macalik, Steven W Ohnimus and William M Byerley. View Institutional Ownership Trends for Matador Resources.
Which major investors are buying Matador Resources stock?
MTDR stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Fisher Asset Management LLC, Fenimore Asset Management Inc., Bank of Montreal Can, First National Bank of Omaha, CHURCHILL MANAGEMENT Corp and Cerebellum GP LLC. Company insiders that have bought Matador Resources stock in the last two years include David M Laney, David M Posner, Joe A Davis, Julia P Forrester, Kenneth L Stewart, Robert T Macalik and William M Byerley. 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 $31.68.
How big of a company is Matador Resources?
Matador Resources has a market capitalization of $3.70 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.
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.
