Matador Resources Co (NYSE:MTDR) Director David M. Posner bought 1,035 shares of the stock in a transaction that occurred on Monday, December 4th. The stock was bought at an average price of $28.92 per share, with a total value of $29,932.20. Following the completion of the acquisition, the director now owns 6,274 shares of the company’s stock, valued at approximately $181,444.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Matador Resources Co (NYSE MTDR) traded up $0.70 on Thursday, hitting $27.85. The stock had a trading volume of 1,253,667 shares, compared to its average volume of 1,540,712. Matador Resources Co has a 12 month low of $20.13 and a 12 month high of $29.76. The company has a quick ratio of 0.58, a current ratio of 0.60 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $3,024.59, a PE ratio of 51.65, a price-to-earnings-growth ratio of 1.37 and a beta of 1.16.

Matador Resources (NYSE:MTDR) last issued its earnings results on Monday, November 6th. The energy company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.10 by $0.08. The firm had revenue of $126.28 million during the quarter, compared to analysts’ expectations of $123.62 million. Matador Resources had a return on equity of 5.99% and a net margin of 40.30%. Matador Resources’s quarterly revenue was up 42.3% compared to the same quarter last year. During the same period last year, the business earned $0.06 earnings per share. equities research analysts anticipate that Matador Resources Co will post 0.63 EPS for the current fiscal year.

A number of research firms have recently commented on MTDR. Mizuho set a $28.00 target price on shares of Matador Resources and gave the stock a “hold” rating in a research report on Saturday, November 25th. Barclays upped their price target on shares of Matador Resources from $25.00 to $28.00 and gave the company an “equal weight” rating in a report on Monday, November 20th. BMO Capital Markets set a $30.00 price target on shares of Matador Resources and gave the company a “buy” rating in a report on Tuesday, November 14th. Northland Securities set a $35.00 target price on shares of Matador Resources and gave the company a “buy” rating in a research note on Monday, November 13th. Finally, Royal Bank Of Canada upped their price target on shares of Matador Resources from $29.00 to $30.00 and gave the stock an “outperform” rating in a research report on Monday, November 13th. Seven analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $30.00.

Several hedge funds and other institutional investors have recently modified their holdings of the business. Advisor Group Inc. lifted its holdings in shares of Matador Resources by 164.4% during the 3rd quarter. Advisor Group Inc. now owns 4,386 shares of the energy company’s stock valued at $119,000 after purchasing an additional 2,727 shares in the last quarter. LS Investment Advisors LLC bought a new stake in Matador Resources in the 2nd quarter valued at approximately $155,000. Oregon Public Employees Retirement Fund bought a new stake in Matador Resources in the 2nd quarter valued at approximately $165,000. Fortaleza Asset Management Inc. bought a new stake in Matador Resources in the 3rd quarter valued at approximately $167,000. Finally, Teacher Retirement System of Texas bought a new stake in Matador Resources in the 3rd quarter valued at approximately $202,000. 85.37% of the stock is owned by institutional investors.

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Matador Resources Company Profile

Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. The Company’s segments include exploration and production, and midstream.

Insider Buying and Selling by Quarter for Matador Resources (NYSE:MTDR)

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