NYSE:MTDR - Matador Resources Stock Price, Forecast & News

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

Matador Resources Co (NYSE:MTDR) announced its earnings results on Tuesday, October, 29th. The energy company reported $0.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.09. The energy company had revenue of $279.40 million for the quarter, compared to analyst estimates of $227.69 million. Matador Resources had a return on equity of 7.51% and a net margin of 20.35%. The firm's quarterly revenue was up 34.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.48 earnings per share. View Matador Resources' Earnings History.

Matador Resources is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Matador Resources.

Matador Resources will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

10 equities research analysts have issued 12 month price objectives for Matador Resources' stock. Their forecasts range from $14.00 to $33.00. On average, they anticipate Matador Resources' share price to reach $23.40 in the next twelve months. This suggests a possible upside of 85.1% from the stock's current price. View Analyst Price Targets for Matador Resources.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Matador Resources.

News stories about MTDR stock have trended extremely negative recently, according to InfoTrie. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Matador Resources earned a coverage optimism score of -4.2 on InfoTrie's scale. They also gave news coverage about the energy company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Matador Resources.

Matador Resources saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 24,960,000 shares, a drop of 7.2% from the January 15th total of 26,900,000 shares. Based on an average daily volume of 2,560,000 shares, the days-to-cover ratio is currently 9.8 days. Currently, 22.7% of the company's stock are short sold. 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), Diamondback Energy (FANG), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS) and EQT (EQT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Matador Resources investors own include Laredo Petroleum (LPI), Teekay Tankers (TNK), Energy Transfer LP Unit (ET), AT&T (T), Sanchez Energy (SN), Ford Motor (F), Diamondback Energy (FANG), Enterprise Products Partners (EPD), Weyerhaeuser (WY) and Advanced Micro Devices (AMD).

Matador Resources' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (5.55%), Goldman Sachs Group Inc. (3.21%), Beck Mack & Oliver LLC (2.96%), Earnest Partners LLC (2.92%), GW&K Investment Management LLC (2.66%) and Geode Capital Management LLC (1.24%). Company insiders that own Matador Resources stock include 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 Victory Capital Management Inc., Victory Capital Management Inc., Beck Mack & Oliver LLC, Nicholas Investment Partners LP, GW&K Investment Management LLC, Credit Suisse AG, Barclays PLC and Rafferty Asset Management LLC. View Insider Buying and Selling for Matador Resources.

MTDR stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Public Sector Pension Investment Board, Teacher Retirement System of Texas, Goldman Sachs Group Inc., Value Holdings Management CO. LLC, Fenimore Asset Management Inc., Earnest Partners LLC and Schroder Investment Management Group. Company insiders that have bought Matador Resources stock in the last two years include 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 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 $12.64.

Matador Resources has a market capitalization of $1.47 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. Matador Resources employs 264 workers across the globe.View Additional Information About Matador Resources.

The official website for Matador Resources is http://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]