Matador Resources Company (NYSE:MTDR – Get Free Report) EVP William Thomas Elsener bought 850 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was bought at an average cost of $50.94 per share, with a total value of $43,299.00. Following the acquisition, the executive vice president directly owned 114,879 shares of the company’s stock, valued at approximately $5,851,936.26. The trade was a 0.75% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Matador Resources Trading Down 1.7%
Shares of Matador Resources stock opened at $51.59 on Friday. The firm has a market capitalization of $6.38 billion, a PE ratio of 8.85 and a beta of 0.76. The company has a current ratio of 0.65, a quick ratio of 0.62 and a debt-to-equity ratio of 0.67. The firm’s 50 day moving average is $51.13 and its 200 day moving average is $53.96. Matador Resources Company has a 1 year low of $37.14 and a 1 year high of $66.84.
Matador Resources (NYSE:MTDR – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The energy company reported $2.61 EPS for the quarter, beating the consensus estimate of $2.08 by $0.53. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the firm earned $1.53 EPS. The firm’s revenue was up 32.5% compared to the same quarter last year. Equities research analysts forecast that Matador Resources Company will post 7.11 earnings per share for the current fiscal year.
Matador Resources Announces Dividend
Matador Resources News Summary
Here are the key news stories impacting Matador Resources this week:
- Positive Sentiment: Management buying provided a confidence signal: CEO Joseph Wm. Foran purchased 3,130 shares for about $159,755 and another 709 shares for approximately $36,641, while EVP William Thomas Elsener bought 850 shares for roughly $43,299. The purchases increase executives’ personal exposure to MTDR near recent trading levels. Matador Resources insider buying
- Positive Sentiment: Wells Fargo raised its price target from $63 to $79 while maintaining an “equal weight” rating. The higher target implies substantial potential appreciation and suggests the firm sees improved value, even though it is not recommending an outright overweight position. Wells Fargo price target update
- Positive Sentiment: Matador’s second-quarter results materially exceeded expectations, with earnings per share of $2.61 versus the $2.08 consensus estimate and revenue of $1.17 billion versus $1.06 billion expected. Revenue rose 32.5% year over year, supporting the case for continued production and cash-flow strength.
- Positive Sentiment: Coverage highlights Matador’s expansion in the Delaware Basin and its midstream connectivity. The infrastructure network may increase the value of the company’s acreage by improving takeaway access and supporting the economics of future development. Delaware Basin expansion article Midstream connectivity analysis
- Neutral Sentiment: Siebert Williams Shank maintained a “buy” recommendation, reinforcing broadly constructive analyst sentiment. KeyCorp also kept an “overweight” rating despite reducing its target from $73 to $68, indicating upside remains but expectations have moderated. Siebert Williams Shank rating KeyCorp price target update
- Negative Sentiment: Recent target reductions from KeyCorp, Truist and Citigroup, along with questions surrounding 2026 commodity prices, spending and production growth, are limiting enthusiasm after the earnings beat. These concerns suggest investors remain focused on energy-market volatility and execution risks. Truist forecast
Analyst Upgrades and Downgrades
MTDR has been the subject of a number of recent research reports. Zacks Research cut Matador Resources from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Wells Fargo & Company lifted their price target on Matador Resources from $63.00 to $79.00 and gave the company an “equal weight” rating in a research note on Thursday. Mizuho upgraded Matador Resources to a “strong-buy” rating in a report on Friday, July 31st. Truist Financial lowered their price objective on Matador Resources from $63.00 to $59.00 and set a “buy” rating for the company in a research note on Monday. Finally, UBS Group raised their price objective on shares of Matador Resources from $54.00 to $56.00 and gave the company a “neutral” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Matador Resources has an average rating of “Moderate Buy” and a consensus price target of $66.07.
Read Our Latest Stock Report on MTDR
Institutional Trading of Matador Resources
Institutional investors and hedge funds have recently bought and sold shares of the stock. Altshuler Shaham Ltd raised its position in Matador Resources by 36.7% during the 1st quarter. Altshuler Shaham Ltd now owns 748 shares of the energy company’s stock worth $47,000 after purchasing an additional 201 shares during the last quarter. Burford Brothers Inc. increased its stake in shares of Matador Resources by 0.8% in the first quarter. Burford Brothers Inc. now owns 26,798 shares of the energy company’s stock valued at $1,693,000 after buying an additional 225 shares during the period. Fiduciary Trust Co increased its stake in shares of Matador Resources by 2.2% in the third quarter. Fiduciary Trust Co now owns 11,821 shares of the energy company’s stock valued at $531,000 after buying an additional 253 shares during the period. O Shaughnessy Asset Management LLC raised its position in shares of Matador Resources by 2.9% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 9,138 shares of the energy company’s stock worth $388,000 after acquiring an additional 254 shares during the last quarter. Finally, Verdence Capital Advisors LLC raised its position in shares of Matador Resources by 3.5% during the fourth quarter. Verdence Capital Advisors LLC now owns 8,233 shares of the energy company’s stock worth $349,000 after acquiring an additional 278 shares during the last quarter. 91.98% of the stock is currently owned by institutional investors and hedge funds.
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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