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

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. Since then, MTDR shares have increased by 18.7% and is now trading at $2.35. View which stocks have been mosted impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 8 hold ratings and 7 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, May 6th 2020. View our earnings forecast for Matador Resources.

Matador Resources Co (NYSE:MTDR) released its quarterly earnings results on Tuesday, February, 25th. The energy company reported $0.39 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.28 by $0.11. The energy company earned $288.68 million during the quarter, compared to analyst estimates of $253.83 million. Matador Resources had a return on equity of 7.49% and a net margin of 8.92%. During the same period in the previous year, the business earned $0.37 earnings per share. View Matador Resources' earnings history.

15 equities research analysts have issued 12-month price targets for Matador Resources' stock. Their forecasts range from $4.00 to $26.00. On average, they expect Matador Resources' stock price to reach $16.69 in the next twelve months. This suggests a possible upside of 610.3% from the stock's current price. View analysts' price targets for Matador Resources.

News stories about MTDR stock have trended positive on Saturday, InfoTrie reports. InfoTrie identifies negative and positive 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 2.1 on InfoTrie's scale. They also gave news stories about the energy company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news aboutMatador Resources.

Matador Resources saw a increase in short interest in March. As of March 13th, there was short interest totaling 31,293,800 shares, an increase of 25.1% from the February 27th total of 25,010,000 shares. Based on an average daily volume of 3,820,000 shares, the short-interest ratio is presently 8.2 days. Approximately 28.5% of the company's shares 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), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Marathon Oil (MRO), Devon Energy (DVN), Noble Energy (NBL), Apache (APA), EQT (EQT), Cimarex Energy (XEC), WPX Energy (WPX) and SRC Energy (SRCI).

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), Diamondback Energy (FANG), Ford Motor (F), Callon Petroleum (CPE), Enterprise Products Partners (EPD) 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 a number of institutional and retail investors. Top institutional investors 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 Nuveen Asset Management LLC (2.17%). 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 Victory Capital Management Inc., Victory Capital Management Inc., Beck Mack & Oliver LLC, Nicholas Investment Partners LP, GW&K Investment Management LLC, Credit Suisse AG, Nuveen Asset Management LLC, and Barclays PLC. View insider buying and selling activity for Matador Resources.

MTDR stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Norges Bank, Public Sector Pension Investment Board, Teacher Retirement System of Texas, Goldman Sachs Group Inc., Value Holdings Management CO. LLC, Fenimore Asset Management Inc., and Earnest Partners 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 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 $2.35.

Matador Resources has a market capitalization of $273.94 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. 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]