NYSE:MTDRMatador Resources Stock Price, Forecast & News

Matador Resources' stock was trading at $1.98 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MTDR stock has increased by 331.8% and is now trading at $8.55. 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 EPS 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 analyst estimates of $228.02 million. Matador Resources had a net margin of 19.51% and a return on equity of 7.20%. The company's revenue was up 113.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.19 EPS. View Matador Resources' earnings history.

15 Wall Street analysts have issued 1 year price targets for Matador Resources' shares. Their forecasts range from $4.00 to $26.00. On average, they expect Matador Resources' stock price to reach $12.54 in the next twelve months. This suggests a possible upside of 46.6% from the stock's current price. View analysts' price targets for Matador Resources.

Media stories about MTDR stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by reviewing 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 -1.5 on InfoTrie's scale. They also assigned news 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 near future. View the latest news about Matador Resources.

Matador Resources saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 25,260,000 shares, a drop of 6.8% from the June 15th total of 27,090,000 shares. Based on an average daily volume of 6,920,000 shares, the days-to-cover ratio is presently 3.7 days. Currently, 23.2% 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), Apache (APA), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC) and Range Resources (RRC). 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 retail and institutional investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.03%), Brasada Capital Management LP (0.02%) and Envestnet Asset Management Inc. (0.01%). 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 Envestnet Asset Management Inc., and Brasada Capital Management LP. View insider buying and selling activity for Matador Resources.

MTDR stock was bought by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. 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 $8.55.

Matador Resources has a market capitalization of $996.56 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]