Matador Resources Stock Forecast, Price & 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 stock has increased by 311.1% and is now trading at $8.14.
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18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Matador Resources is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
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Matador Resources Co (NYSE:MTDR) announced its quarterly earnings data on Tuesday, July, 28th. The energy company reported ($0.03) EPS for the quarter, topping the Zacks' consensus estimate of ($0.17) by $0.14. The energy company had revenue of $118.80 million for the quarter, compared to analysts' expectations of $171.79 million. Matador Resources had a positive return on equity of 5.30% and a negative net margin of 15.93%. Matador Resources's revenue for the quarter was down 50.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.30 EPS.
View Matador Resources' earnings history.

18 equities research analysts have issued twelve-month target prices for Matador Resources' stock. Their forecasts range from $6.00 to $26.00. On average, they anticipate Matador Resources' share price to reach $12.67 in the next year. This suggests a possible upside of 55.7% from the stock's current price.
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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), Continental Resources (CLR), Diamondback Energy (FANG), Noble Energy (NBL), EQT (EQT), Devon Energy (DVN), Marathon Oil (MRO), Apache (APA), Cimarex Energy (XEC), WPX Energy (WPX) and Range Resources (RRC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Matador Resources investors own include Laredo Petroleum (LPI), Energy Transfer (ET), Callon Petroleum (CPE), Advanced Micro Devices (AMD), Pfizer (PFE), The Boeing (BA), AT&T (T), Oasis Petroleum (OAS), Occidental Petroleum (OXY) and Wells Fargo & Company (WFC).

Matador Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTDR."

Matador Resources' stock is owned by many different retail and institutional investors. Top institutional investors include Hodges Capital Management Inc. (0.91%), Nisa Investment Advisors LLC (0.11%), Clear Harbor Asset Management LLC (0.06%), CWM LLC (0.05%), First Dallas Securities Inc. (0.05%) and Louisiana State Employees Retirement System (0.04%). 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 Gaines Baty, Robert T Macalik, Rogers Julia P Forrester, Timothy E Parker, Van H Singleton II and William M Byerley.
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MTDR stock was sold by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., and Clear Harbor Asset Management LLC.
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MTDR stock was acquired by a variety of institutional investors in the last quarter, including First Dallas Securities Inc., CWM LLC, Louisiana State Employees Retirement System, Envestnet Asset Management Inc., and Nisa Investment Advisors LLC. 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 Gaines Baty, 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 $8.14.

Matador Resources has a market capitalization of $951.08 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]