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 $10.02 +0.15 (+1.52 %) (As of 08/11/2020 03:15 PM ET) Add Compare Share Today's Range$9.98Now: $10.02▼$10.4250-Day Range$7.33MA: $8.65▼$10.3052-Week Range$1.11Now: $10.02▼$19.83Volume2.40 million shsAverage Volume3.61 million shsMarket Capitalization$1.17 billionP/E RatioN/ADividend YieldN/ABeta4.67 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 4.3 Analyst's Opinion Consensus RatingMatador Resources has received a consensus rating of Buy. The company's average rating score is 2.53, and is based on 9 buy ratings, 8 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 26.6% from its current price of $10.21.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 625 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMatador Resources has received 433 “underperform” votes. (Add your “underperform” vote.)Community SentimentMatador Resources has received 59.07% “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 $59,928.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 7.40% of the stock of Matador Resources is held by insiders.Percentage Held by Institutions88.83% 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 by 850.00% in the coming year, from $0.04 to $0.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Matador Resources is -7.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Matador Resources is -7.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioMatador Resources has a PEG Ratio of 13.12. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMatador Resources has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.75 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 Ratio0.96 Current Ratio0.66 Quick Ratio0.62Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio250.50 P/E Growth13.12 Sales & Book Value Annual Sales$983.67 million Price / Sales1.19 Cash Flow$4.62 per share Price / Cash Flow2.17 Book Value$16.89 per share Price / Book0.59Profitability EPS (Most Recent Fiscal Year)$1.20 Net Income$87.78 million Net Margins-15.93% Return on Equity5.30% Return on Assets2.55%Miscellaneous Employees264 Outstanding Shares116,840,000Market Cap$1.17 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $10.02 +0.15 (+1.52 %) (As of 08/11/2020 03:15 PM ET) 30 days | 90 days | 365 days | Advanced Chart 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 Coronavirus? 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 shares have increased by 410.6% and is now trading at $10.11. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Matador Resources? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 Tuesday, November 3rd 2020. View our earnings forecast for Matador Resources. How were Matador Resources' earnings last quarter? Matador Resources Co (NYSE:MTDR) released its earnings results on Tuesday, July, 28th. The energy company reported ($0.03) earnings per share for the quarter, topping analysts' consensus estimates of ($0.17) by $0.14. The energy company had revenue of $118.80 million for the quarter, compared to the consensus estimate of $171.79 million. Matador Resources had a positive return on equity of 5.30% and a negative net margin of 15.93%. The company's revenue for the quarter was down 50.8% compared to the same quarter last year. During the same period last year, the firm posted $0.30 earnings per share. View Matador Resources' earnings history. What price target have analysts set for MTDR? 17 Wall Street analysts have issued 12 month price targets for Matador Resources' shares. Their forecasts range from $6.00 to $26.00. On average, they expect Matador Resources' share price to reach $12.92 in the next twelve months. This suggests a possible upside of 27.8% 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 neutral this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media 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 coverage optimism score of 0.2 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 media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Matador Resources. Are investors shorting Matador Resources? Matador Resources saw a decline in short interest in the month of July. As of July 31st, there was short interest totaling 24,030,000 shares, a decline of 16.5% from the July 15th total of 28,790,000 shares. Based on an average daily volume of 5,540,000 shares, the days-to-cover ratio is presently 4.3 days. Approximately 22.0% of the shares of the company are short sold. View Matador Resources' Short Interest. 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), Apache (APA), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), EQT (EQT), Callon Petroleum (CPE), WPX Energy (WPX) and Cimarex Energy (XEC). 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), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Callon Petroleum (CPE), Oasis Petroleum (OAS), Teekay Tankers (TNK), Advanced Micro Devices (AMD), Walt Disney (DIS) and Ford Motor (F). 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 a variety of institutional and retail investors. Top institutional investors include Beck Mack & Oliver LLC (3.56%), Hodges Capital Management Inc. (1.18%), Principal Financial Group Inc. (0.71%), First Trust Advisors LP (0.62%), UBS Group AG (0.35%) and Congress Asset Management Co. MA (0.28%). 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 Gaines Baty, 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 Envestnet Asset Management Inc., CWM LLC, Congress Asset Management Co. MA, Hodges Capital Management Inc., Beck Mack & Oliver LLC, Mutual of America Capital Management LLC, Amarillo National Bank, and Public Employees Retirement Association of Colorado. 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 Principal Financial Group Inc., First Trust Advisors LP, UBS Group AG, Fisher Asset Management LLC, Nisa Investment Advisors LLC, Dupont Capital Management Corp, SG Americas Securities LLC, and WINTON GROUP Ltd. 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 Gaines Baty, 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 $10.11. How big of a company is Matador Resources? Matador Resources has a market capitalization of $1.18 billion 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 8/11/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
