NYSE:MTDRMatador Resources Stock Price, Forecast & News

Matador Resources' stock was trading at $1.98 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MTDR stock has increased by 312.6% and is now trading at $8.17. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matador Resources in the last year. There are currently 10 hold ratings and 4 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, July 29th 2020. View our earnings forecast for Matador Resources.

Matador Resources Co (NYSE:MTDR) posted its earnings results on Wednesday, April, 29th. The energy company reported $0.20 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.02 by $0.18. The energy company had revenue of $371.60 million for the quarter, compared to the consensus estimate of $228.02 million. Matador Resources had a net margin of 19.51% and a return on equity of 7.20%. The business's quarterly revenue was up 113.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.19 earnings per share. View Matador Resources' earnings history.

14 equities research analysts have issued 1-year price targets for Matador Resources' shares. Their forecasts range from $4.00 to $26.00. On average, they anticipate Matador Resources' share price to reach $12.42 in the next year. This suggests a possible upside of 52.0% from the stock's current price. View analysts' price targets for Matador Resources.

News coverage about MTDR stock has trended somewhat negative on Friday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Matador Resources earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned news stories about the energy company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Matador Resources.

Matador Resources saw a drop in short interest in June. As of June 15th, there was short interest totaling 27,090,000 shares, a drop of 10.8% from the May 31st total of 30,360,000 shares. Based on an average daily volume of 8,610,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 24.8% of the shares of the company are sold short. 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), Apache (APA), Marathon Oil (MRO), Noble Energy (NBL), Devon Energy (DVN), WPX Energy (WPX), EQT (EQT), Cimarex Energy (XEC) and Southwestern Energy (SWN). View all competitors.

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).

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

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 $8.17.

Matador Resources has a market capitalization of $952.30 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.

The official website for Matador Resources is 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]