Matador Resources Company (NYSE:MTDR – Get Free Report) CEO Joseph Wm Foran purchased 482 shares of Matador Resources stock in a transaction that occurred on Friday, May 29th. The shares were bought at an average price of $52.70 per share, with a total value of $25,401.40. Following the transaction, the chief executive officer owned 7,479 shares of the company’s stock, valued at $394,143.30. This trade represents a 6.89% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Joseph Wm Foran also recently made the following trade(s):
- On Wednesday, May 27th, Joseph Wm Foran acquired 4,675 shares of Matador Resources stock. The stock was bought at an average cost of $52.36 per share, for a total transaction of $244,783.00.
Matador Resources Stock Down 0.1%
MTDR opened at $55.99 on Wednesday. The company has a quick ratio of 0.70, a current ratio of 0.73 and a debt-to-equity ratio of 0.59. The stock has a market cap of $6.95 billion, a price-to-earnings ratio of 14.39 and a beta of 0.74. Matador Resources Company has a twelve month low of $37.14 and a twelve month high of $66.84. The company’s 50-day moving average price is $59.36 and its two-hundred day moving average price is $50.59.
Matador Resources Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 8th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, May 8th. Matador Resources’s payout ratio is presently 38.56%.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on MTDR. Wells Fargo & Company boosted their target price on shares of Matador Resources from $54.00 to $63.00 and gave the company an “equal weight” rating in a research note on Thursday, April 16th. Citigroup dropped their target price on shares of Matador Resources from $77.00 to $72.00 and set a “buy” rating on the stock in a research note on Tuesday, May 26th. TD Cowen boosted their target price on shares of Matador Resources from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, March 17th. Weiss Ratings cut shares of Matador Resources from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 12th. Finally, Truist Financial upgraded shares of Matador Resources from a “hold” rating to a “buy” rating and boosted their target price for the company from $60.00 to $67.00 in a research note on Tuesday, May 12th. Ten equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $65.08.
Read Our Latest Research Report on Matador Resources
Institutional Trading of Matador Resources
Hedge funds and other institutional investors have recently bought and sold shares of the company. Kestra Investment Management LLC increased its holdings in Matador Resources by 225.2% during the 2nd quarter. Kestra Investment Management LLC now owns 517 shares of the energy company’s stock worth $25,000 after acquiring an additional 358 shares during the period. V Square Quantitative Management LLC bought a new stake in Matador Resources during the 1st quarter worth approximately $27,000. Rothschild Investment LLC increased its holdings in shares of Matador Resources by 5,927.3% in the 3rd quarter. Rothschild Investment LLC now owns 663 shares of the energy company’s stock worth $30,000 after buying an additional 652 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of Matador Resources in the 3rd quarter worth $35,000. Finally, Center for Financial Planning Inc. bought a new position in shares of Matador Resources in the 1st quarter worth $41,000. Institutional investors own 91.98% of the company’s stock.
Key Stories Impacting Matador Resources
Here are the key news stories impacting Matador Resources this week:
- Positive Sentiment: CEO Joseph Wm Foran, CFO Christopher P. Calvert, COO Glenn W. Stetson, and CAO Benjamin T. Colodney all bought shares in late May, signaling insider confidence in Matador Resources’ outlook. SEC filing for CEO purchase
- Positive Sentiment: A recent MarketBeat note highlighted that Matador’s results were “better than feared,” which may be supporting sentiment around the stock. Matador’s Results Were Better Than Feared, But 2026 Headwinds Still Matter
- Neutral Sentiment: Another article suggested energy M&A remains active, which could keep Matador on investors’ radar as a potential acquisition or consolidation target. Supermajors Are Shopping Again, and These 3 Energy Plays Look Ripe for the Picking
- Negative Sentiment: A Seeking Alpha piece argued that Matador’s hedging book has become a drag, which could temper enthusiasm if investors focus on commodity-price and risk-management concerns. Matador Resources: Risky Hedging Book Comes Back To Bite
About Matador Resources
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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