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
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Current SymbolNYSE:MTDR
Previous Symbol
CUSIP57648520
Phone972-371-5200
Debt
Debt-to-Equity Ratio0.62
Current Ratio0.69
Quick Ratio0.63
Price-To-Earnings
Trailing P/E Ratio29.57
Forward P/E Ratio12.83
P/E Growth0.57
Sales & Book Value
Annual Sales$544.28 million
Price / Sales4.55
Cash Flow$2.3192 per share
Price / Cash Flow9.18
Book Value$11.60 per share
Price / Book1.84
Profitability
EPS (Most Recent Fiscal Year)$0.72
Net Income$125.86 million
Net Margins22.69%
Return on Equity11.17%
Return on Assets6.64%
Miscellaneous
Employees217
Outstanding Shares116,330,000
Market Cap$2.48 billion
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 Wednesday, October, 31st. The energy company reported $0.48 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.11. The energy company earned $207.18 million during the quarter, compared to the consensus estimate of $208.75 million. Matador Resources had a net margin of 22.69% and a return on equity of 11.17%. Matador Resources's revenue was up 64.1% compared to the same quarter last year. During the same period last year, the firm earned $0.11 earnings per share. View Matador Resources' Earnings History.
When is Matador Resources' next earnings date?
What price target have analysts set for MTDR?
17 Wall Street analysts have issued 1-year target prices for Matador Resources' shares. Their forecasts range from $21.00 to $45.00. On average, they expect Matador Resources' share price to reach $35.75 in the next year. This suggests a possible upside of 67.9% from the stock's current price. View Analyst Price Targets for Matador Resources.
What is the consensus analysts' recommendation for Matador Resources?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 6 hold ratings and 11 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 somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news 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 negative five to five, with scores closest to five being the most favorable. Matador Resources earned a news impact score of 0.8 on InfoTrie's scale. They also assigned headlines about the energy company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.
Who are some of Matador Resources' key competitors?
Some companies that are related to Matador Resources include Cenovus Energy (CVE), Cimarex Energy (XEC), Energen (EGN), Encana (ECA), Parsley Energy (PE), WPX Energy (WPX), Murphy Oil (MUR), EQT (EQT), Centennial Resource Development (CDEV), Antero Resources (AR), Vermilion Energy (VET), Viper Energy Partners (VNOM), Range Resources (RRC), Black Stone Minerals (BSM) and Newfield Exploration (NFX).
Who are Matador Resources' key executives?
Matador Resources' management team includes the folowing people:
- Mr. Joseph Wm. Foran, Founder, Chairman, CEO & Sec. (Age 66)
- Mr. Matthew V. Hairford, Pres (Age 57)
- Mr. David E. Lancaster, Exec. VP & CFO (Age 61)
- Mr. Billy E. Goodwin, Exec. VP & Head of Operations (Age 60)
- Mr. Craig N. Adams J.D., Exec. VP of Land, Legal & Admin. (Age 51)
Who are Matador Resources' major shareholders?
Matador Resources' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.49%), Vanguard Group Inc. (8.19%), Neuberger Berman Group LLC (4.24%), Beck Mack & Oliver LLC (3.51%), Dimensional Fund Advisors LP (2.91%) and TIAA CREF Investment Management LLC (2.36%). Company insiders that own Matador Resources stock include Craig N Adams, David E Lancaster, David M Laney, David M Posner, George G Krug, Joseph Wm Foran, Julia P Forrester, Kenneth L Stewart, Reynald Baribault, Robert T Macalik, Rogers Julia P Forrester, Steven W Ohnimus, Timothy E Parker and William M Byerley. View Institutional Ownership Trends for Matador Resources.
Which major investors are selling Matador Resources stock?
MTDR stock was sold by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, Teachers Advisors LLC, Tributary Capital Management LLC, Morgan Stanley, Neuberger Berman Group LLC, Picton Mahoney Asset Management, Columbus Circle Investors and Mesirow Financial Investment Management Equity Management. View Insider Buying and Selling for Matador Resources.
Which major investors are buying Matador Resources stock?
MTDR stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., Dimensional Fund Advisors LP, Glenmede Trust Co. NA, Conestoga Capital Advisors LLC, Oak Ridge Investments LLC, Elk Creek Partners LLC and Lisanti Capital Growth LLC. Company insiders that have bought Matador Resources stock in the last two years include Craig N Adams, David E Lancaster, David M Laney, David M Posner, George G Krug, Joseph Wm Foran, Julia P Forrester, Kenneth L Stewart, Reynald Baribault, Robert T Macalik, Rogers Julia P Forrester, Timothy E Parker and William M Byerley. 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 $21.29.
How big of a company is Matador Resources?
Matador Resources has a market capitalization of $2.48 billion and generates $544.28 million in revenue each year. The energy company earns $125.86 million in net income (profit) each year or $0.72 on an earnings per share basis. Matador Resources employs 217 workers across the globe.
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.
