NYSE:MTDRMatador Resources Stock Price, Forecast & News

Matador Resources' stock was trading at $1.98 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MTDR shares have increased by 340.4% and is now trading at $8.72. 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) issued its quarterly earnings data on Wednesday, April, 29th. The energy company reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.18. The energy company had revenue of $371.60 million for the quarter, compared to the consensus estimate of $228.02 million. Matador Resources had a return on equity of 7.20% and a net margin of 19.51%. The business's quarterly revenue was up 113.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.19 EPS. View Matador Resources' earnings history.

15 analysts have issued twelve-month price targets for Matador Resources' shares. Their forecasts range from $4.00 to $26.00. On average, they expect Matador Resources' share price to reach $12.92 in the next year. This suggests a possible upside of 48.2% from the stock's current price. View analysts' price targets for Matador Resources.

Media coverage about MTDR stock has been trending negative recently, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Matador Resources earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned headlines about the energy company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutMatador Resources.

Matador Resources saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 31,670,000 shares, an increase of 7.1% from the April 15th total of 29,560,000 shares. Based on an average daily volume of 7,400,000 shares, the days-to-cover ratio is currently 4.3 days. Approximately 29.0% of the company's shares are sold short. 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), Diamondback Energy (FANG), Continental Resources (CLR), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), Apache (APA), WPX Energy (WPX), EQT (EQT), Cimarex Energy (XEC) and Southwestern Energy (SWN). 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 investors include BlackRock Inc. (11.66%), State Street Corp (6.60%), AQR Capital Management LLC (5.32%), Silvercrest Asset Management Group LLC (4.32%), Beck Mack & Oliver LLC (3.72%) and Hodges Capital Management Inc. (1.37%). 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 Invesco Ltd., Nuveen Asset Management LLC, Victory Capital Management Inc., Victory Capital Management Inc., New York State Common Retirement Fund, Deutsche Bank AG, Wells Fargo & Company MN, and BlackRock Inc.. View insider buying and selling activity for Matador Resources.

MTDR stock was purchased by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, State Street Corp, Two Sigma Investments LP, Two Sigma Advisers LP, Hodges Capital Management Inc., Beck Mack & Oliver LLC, United Capital Financial Advisers LLC, and Envestnet Asset Management Inc.. 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 $8.72.

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]