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
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Phone972-371-5200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$899.60 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/1/2019 (Estimated)
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) announced its earnings results on Tuesday, February, 26th. The energy company reported $0.37 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $0.10. The energy company earned $202.10 million during the quarter, compared to analysts' expectations of $202.83 million. Matador Resources had a net margin of 30.48% and a return on equity of 11.24%. The firm's revenue was up 20.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.25 earnings per share. View Matador Resources' Earnings History.
When is Matador Resources' next earnings date?
What price target have analysts set for MTDR?
16 equities research analysts have issued 1-year target prices for Matador Resources' shares. Their forecasts range from $21.00 to $45.00. On average, they anticipate Matador Resources' stock price to reach $34.1333 in the next twelve months. This suggests a possible upside of 70.7% from the stock's current price. View Analyst Price Targets for Matador Resources.
What is the consensus analysts' recommendation for Matador Resources?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 6 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?
Media coverage about MTDR stock has been trending neutral this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Matador Resources earned a daily sentiment score of 0.3 on InfoTrie's scale. They also assigned news coverage about the energy company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the immediate future.
Who are some of Matador Resources' key competitors?
Some companies that are related to Matador Resources include Encana (ECA), Energen (EGN), Cimarex Energy (XEC), Parsley Energy (PE), WPX Energy (WPX), Murphy Oil (MUR), EQT (EQT), Chesapeake Energy (CHK), Eclipse Resources (ECR), Viper Energy Partners (VNOM), Vermilion Energy (VET), Black Stone Minerals (BSM), Newfield Exploration (NFX), Magnolia Oil & Gas (MGY) and PDC Energy (PDCE).
What other stocks do shareholders of Matador Resources own?
Who are Matador Resources' key executives?
Matador Resources' management team includes the folowing people:
- Mr. Joseph Wm. Foran, Founder, Chairman, CEO & Sec. (Age 67)
- Mr. Matthew V. Hairford, Pres (Age 58)
- Mr. David E. Lancaster, Exec. VP & CFO (Age 62)
- Mr. Billy E. Goodwin, Exec. VP & Head of Operations (Age 61)
- Mr. Craig N. Adams J.D., Exec. VP of Land, Legal & Admin. (Age 52)
Who are Matador Resources' major shareholders?
Matador Resources' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.03%), Beck Mack & Oliver LLC (3.52%), Dimensional Fund Advisors LP (3.15%), Millennium Management LLC (2.25%), GW&K Investment Management LLC (2.15%) and Northern Trust Corp (1.40%). 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, Matthew V Hairford, 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 institutional investors are selling Matador Resources stock?
MTDR stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Oak Ridge Investments LLC, King Luther Capital Management Corp, Principal Financial Group Inc., Bank of New York Mellon Corp, Elk Creek Partners LLC, Brasada Capital Management LP and Lisanti Capital Growth LLC. View Insider Buying and Selling for Matador Resources.
Which institutional investors are buying Matador Resources stock?
MTDR stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, BlackRock Inc., Oregon Public Employees Retirement Fund, Victory Capital Management Inc., Norges Bank, Hodges Capital Management Inc., Dimensional Fund Advisors LP and Old West Investment Management 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, Matthew V Hairford, 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 $20.00.
How big of a company is Matador Resources?
Matador Resources has a market capitalization of $2.33 billion and generates $899.60 million in revenue each year. The energy company earns $274.21 million in net income (profit) each year or $1.62 on an earnings per share basis.
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.
