Matador Resources Company (NYSE:MTDR – Get Free Report) CEO Joseph Wm Foran acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was bought at an average cost of $51.44 per share, with a total value of $257,200.00. Following the purchase, the chief executive officer owned 30,617 shares in the company, valued at $1,574,938.48. The trade was a 19.52% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.
Joseph Wm Foran also recently made the following trade(s):
- On Wednesday, August 12th, Joseph Wm Foran bought 10,000 shares of Matador Resources stock. The shares were bought at an average cost of $52.16 per share, for a total transaction of $521,600.00.
- On Tuesday, August 11th, Joseph Wm Foran purchased 709 shares of Matador Resources stock. The shares were bought at an average price of $51.68 per share, with a total value of $36,641.12.
- On Monday, August 10th, Joseph Wm Foran purchased 3,130 shares of Matador Resources stock. The stock was purchased at an average price of $51.04 per share, with a total value of $159,755.20.
- On Tuesday, June 9th, Joseph Wm Foran acquired 2,000 shares of Matador Resources stock. The shares were purchased at an average cost of $53.07 per share, for a total transaction of $106,140.00.
- On Thursday, June 4th, Joseph Wm Foran acquired 2,000 shares of Matador Resources stock. The shares were purchased at an average cost of $56.25 per share, for a total transaction of $112,500.00.
- On Friday, May 29th, Joseph Wm Foran acquired 482 shares of Matador Resources stock. The shares were purchased at an average price of $52.70 per share, for a total transaction of $25,401.40.
- On Wednesday, May 27th, Joseph Wm Foran bought 4,675 shares of Matador Resources stock. The stock was purchased at an average cost of $52.36 per share, with a total value of $244,783.00.
Matador Resources Price Performance
Shares of MTDR opened at $53.61 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 0.67. The stock has a market cap of $6.63 billion, a PE ratio of 9.20 and a beta of 0.76. Matador Resources Company has a 12-month low of $37.14 and a 12-month high of $66.84. The business has a 50-day simple moving average of $51.13 and a two-hundred day simple moving average of $53.96.
Matador Resources Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 10th will be given a dividend of $0.375 per share. The ex-dividend date is Monday, August 10th. This represents a $1.50 annualized dividend and a yield of 2.8%. Matador Resources’s dividend payout ratio (DPR) is currently 25.73%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in shares of Matador Resources during the 2nd quarter valued at about $573,936,000. Wellington Management Group LLP grew its stake in Matador Resources by 65.0% during the fourth quarter. Wellington Management Group LLP now owns 3,406,182 shares of the energy company’s stock worth $144,558,000 after purchasing an additional 1,342,145 shares during the period. Encompass Capital Advisors LLC bought a new stake in Matador Resources in the fourth quarter worth approximately $53,249,000. Bank of New York Mellon Corp bought a new stake in Matador Resources in the second quarter worth approximately $56,161,000. Finally, Value Holdings Management CO. LLC acquired a new position in Matador Resources in the second quarter valued at approximately $41,532,000. 91.98% of the stock is owned by institutional investors and hedge funds.
Key Matador Resources News
Here are the key news stories impacting Matador Resources this week:
- Positive Sentiment: CEO Joseph Wm. Foran purchased 10,000 shares for approximately $521,600 on August 12 and another 5,000 shares for $257,200 on August 13. These purchases followed additional recent buying, bringing his direct ownership to 30,617 shares. EVP William Thomas Elsener also bought 850 shares. The concentrated insider activity may signal that management views MTDR as undervalued. SEC insider transaction filing
- Positive Sentiment: Wells Fargo raised its price target from $63 to $79, implying significant potential upside, even while maintaining an “equal weight” rating. Siebert Williams Shank also reiterated a “buy” rating, supporting the view that analysts see additional value in the shares. Wells Fargo price target update Siebert Williams Shank rating
- Positive Sentiment: Matador’s second-quarter earnings exceeded expectations, with earnings per share of $2.61 versus the $2.08 consensus and revenue of $1.17 billion versus $1.06 billion expected. Revenue rose 32.5% year over year, reinforcing the company’s operating momentum. Matador Resources earnings information
- Positive Sentiment: Recent analysis highlights Matador’s midstream infrastructure and connectivity in the Delaware Basin, which may improve access to markets, increase acreage value and support the economics of future drilling. Delaware Basin midstream analysis
- Neutral Sentiment: Analysts give MTDR a consensus “Moderate Buy” rating, but recent target changes are mixed. KeyCorp lowered its target from $73 to $68 while retaining an “overweight” rating, suggesting continued confidence tempered by near-term uncertainty. Matador Resources analyst consensus KeyCorp price target update
- Negative Sentiment: Investors continue to monitor 2026 headwinds, including commodity-price conditions, production expectations and spending plans. These factors could limit the near-term benefit of the earnings beat and create volatility for the energy producer. Matador Resources earnings call analysis
Wall Street Analyst Weigh In
Several research firms have recently issued reports on MTDR. Roth Capital raised shares of Matador Resources from a “neutral” rating to a “buy” rating and set a $65.00 price target for the company in a research note on Monday, June 22nd. Morgan Stanley reduced their price objective on shares of Matador Resources from $75.00 to $66.00 and set an “equal weight” rating on the stock in a research note on Monday, June 29th. Stephens increased their price objective on Matador Resources from $92.00 to $93.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. Wall Street Zen upgraded Matador Resources from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Wells Fargo & Company raised their target price on Matador Resources from $63.00 to $79.00 and gave the stock an “equal weight” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Matador Resources currently has a consensus rating of “Moderate Buy” and an average price target of $66.07.
Get Our Latest Stock Analysis on MTDR
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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