Matador Resources (NYSE:MTDR) Raised to Buy at Wall Street Zen

Matador Resources (NYSE:MTDR) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

MTDR has been the subject of several other reports. UBS Group upped their target price on shares of Matador Resources from $54.00 to $56.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Wells Fargo & Company lifted their price target on shares of Matador Resources from $63.00 to $79.00 and gave the stock an “equal weight” rating in a research note on Thursday. Mizuho upgraded shares of Matador Resources to a “strong-buy” rating in a report on Friday, July 31st. Roth Capital upgraded shares of Matador Resources from a “neutral” rating to a “buy” rating and set a $65.00 price objective on the stock in a report on Monday, June 22nd. Finally, KeyCorp decreased their price objective on shares of Matador Resources from $73.00 to $68.00 and set an “overweight” rating for the company in a research report on Thursday. One equities research 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, Matador Resources currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.07.

Matador Resources Stock Performance

Matador Resources stock opened at $53.61 on Friday. The firm has a market capitalization of $6.63 billion, a PE ratio of 9.20 and a beta of 0.76. Matador Resources has a one year low of $37.14 and a one year high of $66.84. The stock’s 50 day moving average price is $51.13 and its 200 day moving average price is $54.04. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.62 and a current ratio of 0.65.

Matador Resources (NYSE:MTDR) last issued its quarterly earnings data on Wednesday, August 5th. The energy company reported $2.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.53. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.06 billion. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%. Matador Resources’s revenue for the quarter was up 32.5% on a year-over-year basis. During the same quarter last year, the company earned $1.53 earnings per share. As a group, sell-side analysts expect that Matador Resources will post 7.11 EPS for the current fiscal year.

Insider Activity at Matador Resources

In related news, CEO Joseph Wm Foran purchased 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was acquired at an average price of $51.44 per share, for a total transaction of $257,200.00. Following the completion of the purchase, the chief executive officer owned 30,617 shares in the company, valued at approximately $1,574,938.48. This represents a 19.52% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP William Thomas Elsener purchased 850 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was bought at an average price of $50.94 per share, with a total value of $43,299.00. Following the purchase, the executive vice president 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. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 31,596 shares of company stock worth $1,654,207 over the last three months. 5.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Altshuler Shaham Ltd increased its stake in shares of Matador Resources by 36.7% in the first quarter. Altshuler Shaham Ltd now owns 748 shares of the energy company’s stock worth $47,000 after acquiring an additional 201 shares during the last quarter. Burford Brothers Inc. boosted its position in Matador Resources by 0.8% during the first quarter. Burford Brothers Inc. now owns 26,798 shares of the energy company’s stock valued at $1,693,000 after purchasing an additional 225 shares during the last quarter. Fiduciary Trust Co grew its stake in 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 purchasing an additional 253 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in Matador Resources by 2.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 9,138 shares of the energy company’s stock valued at $388,000 after purchasing an additional 254 shares in the last quarter. Finally, Verdence Capital Advisors LLC grew its stake in Matador Resources by 3.5% in the fourth quarter. Verdence Capital Advisors LLC now owns 8,233 shares of the energy company’s stock valued at $349,000 after purchasing an additional 278 shares in the last quarter. 91.98% of the stock is owned by institutional investors and hedge funds.

Matador Resources News Summary

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

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.