NYSE:MTDRMatador Resources Stock Price, Forecast & News

Matador Resources' stock was trading at $1.98 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MTDR shares have increased by 296.0% and is now trading at $7.84. 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) released its quarterly earnings results on Wednesday, April, 29th. The energy company reported $0.20 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.18. The energy company had revenue of $371.60 million for the quarter, compared to analysts' expectations of $228.02 million. Matador Resources had a return on equity of 7.20% and a net margin of 19.51%. The business's revenue for the quarter was up 113.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.19 earnings per share. View Matador Resources' earnings history.

15 brokerages have issued 12 month price objectives for Matador Resources' stock. Their forecasts range from $4.00 to $26.00. On average, they anticipate Matador Resources' stock price to reach $12.92 in the next twelve months. This suggests a possible upside of 64.8% from the stock's current price. View analysts' price targets for Matador Resources.

Headlines about MTDR stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm rates the sentiment of media 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 -5 to 5, with scores closest to five being the most favorable. Matador Resources earned a media sentiment score of 0.6 on InfoTrie's scale. They also gave news headlines about the energy company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View the latest news aboutMatador Resources.

Matador Resources saw a increase in short interest in 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 trading volume, of 7,400,000 shares, the days-to-cover ratio is currently 4.3 days. Approximately 29.0% of the shares of the company 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), Marathon Oil (MRO), Apache (APA), Devon Energy (DVN), Noble Energy (NBL), EQT (EQT), WPX Energy (WPX), 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 a number of 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 acquired 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 $7.84.

Matador Resources has a market capitalization of $913.83 million 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]