Matador Resources Company (NYSE:MTDR – Get Free Report) COO Glenn Stetson bought 500 shares of the business’s stock in a transaction dated Tuesday, June 9th. The shares were acquired at an average cost of $53.41 per share, for a total transaction of $26,705.00. Following the transaction, the chief operating officer directly owned 95,470 shares in the company, valued at approximately $5,099,052.70. This represents a 0.53% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.
Matador Resources Price Performance
Shares of NYSE MTDR opened at $53.60 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.70 and a current ratio of 0.73. Matador Resources Company has a fifty-two week low of $37.14 and a fifty-two week high of $66.84. The firm has a market capitalization of $6.66 billion, a PE ratio of 13.78 and a beta of 0.74. The stock’s 50-day simple moving average is $58.21 and its 200-day simple moving average is $51.39.
Matador Resources (NYSE:MTDR – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The energy company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.24 by $0.29. The company had revenue of $941.60 million for the quarter, compared to analyst estimates of $871.57 million. Matador Resources had a return on equity of 11.20% and a net margin of 14.41%.The firm’s revenue was down 33.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.99 earnings per share. As a group, equities research analysts forecast that Matador Resources Company will post 7.5 EPS for the current fiscal year.
Matador Resources Dividend Announcement
Key Headlines Impacting Matador Resources
Here are the key news stories impacting Matador Resources this week:
- Positive Sentiment: CEO Joseph Wm Foran bought 2,000 shares, and COO Glenn W. Stetson bought 500 shares, signaling management confidence in Matador Resources’ outlook. Insider trade filing for Joseph Wm Foran Insider trade filing for Glenn W. Stetson
- Positive Sentiment: Zacks Research raised near-term and fiscal 2026 earnings estimates for MTDR, which suggests analysts see slightly stronger profitability ahead.
- Neutral Sentiment: Matador Resources held a shareholder/analyst call, but the provided transcript headline does not specify any major new guidance, deal, or operational update. Matador Resources Company (MTDR) Shareholder/Analyst Call Prepared Remarks Transcript
- Negative Sentiment: Despite the supportive news, MTDR has been trading below its recent levels, with investors still weighing the company’s slower year-over-year revenue trend from the latest quarter.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of Matador Resources by 0.7% in the third quarter. Vanguard Group Inc. now owns 14,780,888 shares of the energy company’s stock valued at $664,105,000 after buying an additional 101,613 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Matador Resources by 4.2% in the first quarter. Dimensional Fund Advisors LP now owns 6,948,104 shares of the energy company’s stock valued at $439,010,000 after buying an additional 277,839 shares in the last quarter. State Street Corp boosted its stake in shares of Matador Resources by 1.9% in the fourth quarter. State Street Corp now owns 4,617,864 shares of the energy company’s stock valued at $195,982,000 after buying an additional 86,344 shares in the last quarter. LSV Asset Management boosted its stake in shares of Matador Resources by 8.8% in the fourth quarter. LSV Asset Management now owns 3,842,011 shares of the energy company’s stock valued at $163,055,000 after buying an additional 309,708 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in shares of Matador Resources by 65.0% in the fourth quarter. Wellington Management Group LLP now owns 3,406,182 shares of the energy company’s stock valued at $144,558,000 after buying an additional 1,342,145 shares in the last quarter. 91.98% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
MTDR has been the topic of several analyst reports. UBS Group lifted their target price on Matador Resources from $50.00 to $52.00 and gave the company a “neutral” rating in a research note on Thursday, March 5th. TD Cowen lifted their target price on Matador Resources from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, March 17th. Roth Mkm reiterated a “neutral” rating and issued a $65.00 target price (up from $52.00) on shares of Matador Resources in a research note on Wednesday, April 8th. Zacks Research downgraded Matador Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Finally, Citigroup lowered their target price on Matador Resources from $77.00 to $72.00 and set a “buy” rating on the stock in a research note on Tuesday, May 26th. Ten research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Matador Resources currently has a consensus rating of “Moderate Buy” and an average price target of $65.08.
Get Our Latest Research Report on MTDR
Matador Resources Company Profile
Matador Resources Company is an independent energy firm primarily engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. The company focuses on upstream operations, utilizing horizontal drilling and hydraulic fracturing techniques to unlock hydrocarbons from key reservoirs. Its asset base includes both operated and non?operated positions, with a particular emphasis on the Permian Basin, one of the most prolific oil-producing regions in North America.
Matador’s core operations are concentrated in the Delaware Basin segment of the Permian Basin, where it holds substantial acreage in both Reeves and Culberson counties in West Texas and Eddy and Lea counties in New Mexico.
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