NYSE:MTDRMatador Resources Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Matador Resources Co Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.84 -0.26 (-3.21 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$7.64Now: $7.84▼$8.0850-Day Range$3.05MA: $5.90▼$8.6352-Week Range$1.11Now: $7.84▼$20.57Volume4.75 million shsAverage Volume5.46 million shsMarket Capitalization$913.83 millionP/E Ratio3.96Dividend YieldN/ABeta4.76 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 services, as well as salt water disposal services to third parties. As of December 31, 2018, its estimated total proved oil and natural gas reserves were 215.3 million barrels of oil equivalent, including 123.4 million stock tank barrels of oil and 551.5 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.Read More Beat the Market (BTM) Rank™ 4.2 Analyst's Opinion Consensus RatingMatador Resources has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 6 buy ratings, 9 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.92, Matador Resources has a potential upside of 64.8% from its current price of $7.84.Amount of Analyst CoverageMatador Resources has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Community Rank Outperform VotesMatador Resources has received 617 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMatador Resources has received 424 “underperform” votes. (Add your “underperform” vote.)Community SentimentMatador Resources has received 59.27% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldMatador Resources does not currently pay a dividend.Dividend GrowthMatador Resources does not have a long track record of dividend growth. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Matador Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,073,572.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.90% of the stock of Matador Resources is held by insiders.Percentage Held by Institutions89.49% of the stock of Matador Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Matador Resources are expected to grow in the coming year, from ($0.16) to ($0.12) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Matador Resources is 3.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Matador Resources is 3.96, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 8.80.Price to Book Value per Share RatioMatador Resources has a P/B Ratio of 0.42. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.2Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.74 out of 5 stars 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 CIK1520006 Webwww.matadorresources.com Phone972-371-5200Debt Debt-to-Equity Ratio0.77 Current Ratio0.99 Quick Ratio0.96Price-To-Earnings Trailing P/E Ratio3.96 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$983.67 million Price / Sales0.93 Cash Flow$4.10 per share Price / Cash Flow1.91 Book Value$18.48 per share Price / Book0.42Profitability EPS (Most Recent Fiscal Year)$1.20 Net Income$87.78 million Net Margins19.51% Return on Equity7.20% Return on Assets3.53%Miscellaneous Employees264 Outstanding Shares116,560,000Market Cap$913.83 million Next Earnings Date7/29/2020 (Estimated) OptionableOptionable MTDR Rates by TradingView Receive MTDR News and Ratings via Email Sign-up to receive the latest news and ratings for MTDR and its competitors with MarketBeat's FREE daily newsletter. Matador Resources (NYSE:MTDR) Frequently Asked Questions How has Matador Resources' stock been impacted by COVID-19 (Coronavirus)? 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 stock has increased by 296.0% and is now trading at $7.84. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Matador Resources? 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. When is Matador Resources' next earnings date? Matador Resources is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Matador Resources. How were Matador Resources' earnings last quarter? Matador Resources Co (NYSE:MTDR) issued its quarterly earnings results on Wednesday, April, 29th. The energy company reported $0.20 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.02 by $0.18. The energy company earned $371.60 million during the quarter, compared to analysts' expectations of $228.02 million. Matador Resources had a net margin of 19.51% and a return on equity of 7.20%. The company's quarterly revenue was up 113.7% compared to the same quarter last year. During the same period last year, the company earned $0.19 EPS. View Matador Resources' earnings history. What price target have analysts set for MTDR? 15 Wall Street analysts have issued 1 year target prices for Matador Resources' stock. Their forecasts range from $4.00 to $26.00. On average, they expect Matador Resources' share price to reach $12.92 in the next year. This suggests a possible upside of 64.8% from the stock's current price. View analysts' price targets for Matador Resources. Has Matador Resources been receiving favorable news coverage? News coverage about MTDR stock has trended negative on Saturday, InfoTrie reports. The research firm scores the sentiment of news coverage by analyzing 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 news sentiment score of -2.8 on InfoTrie's scale. They also assigned news headlines about the energy company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutMatador Resources. Are investors shorting Matador 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 stock are sold short. View Matador Resources' Current Options Chain. Who are some of Matador Resources' key competitors? 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. What other stocks do shareholders of Matador Resources own? 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). Who are Matador Resources' key executives? Matador Resources' management team includes the following people: Mr. Joseph Wm. Foran, Founder, Chairman, CEO & Sec. (Age 67)Mr. Matthew V. Hairford, Pres (Age 58)Mr. David E. Lancaster, Exec. VP & CFO (Age 62)Mr. Billy E. Goodwin, Exec. VP & Head of Operations (Age 61)Mr. Craig N. Adams J.D., Exec. VP of Land, Legal & Admin. (Age 52) What is Matador Resources' stock symbol? Matador Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTDR." Who are Matador Resources' major shareholders? Matador Resources' stock is owned by many different retail and institutional investors. Top institutional shareholders 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. Which institutional investors are selling Matador Resources stock? 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. Which institutional investors are buying Matador Resources stock? 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. 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, Robinhood, Fidelity, and Charles Schwab. What is Matador Resources' stock price today? One share of MTDR stock can currently be purchased for approximately $7.84. How big of a company is Matador Resources? 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. What is Matador Resources' official website? The official website for Matador Resources is www.matadorresources.com. 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] This page was last updated on 5/30/2020 by MarketBeat.com Staff
