Matador Resources (NYSE:MTDR) CEO Buys $112,500.00 in Stock

Matador Resources Company (NYSE:MTDR) CEO Joseph Wm Foran acquired 2,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were acquired at an average cost of $56.25 per share, with a total value of $112,500.00. Following the acquisition, the chief executive officer directly owned 9,479 shares of the company’s stock, valued at $533,193.75. This represents a 26.74% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Joseph Wm Foran also recently made the following trade(s):

• On Friday, May 29th, Joseph Wm Foran acquired 482 shares of Matador Resources stock. The shares were acquired at an average cost of $52.70 per share, with a total value of $25,401.40.
• On Wednesday, May 27th, Joseph Wm Foran acquired 4,675 shares of Matador Resources stock. The shares were acquired at an average cost of $52.36 per share, with a total value of $244,783.00.

Matador Resources Stock Up 2.5%

Shares of NYSE MTDR opened at $55.10 on Thursday. The firm has a market capitalization of $6.84 billion, a price-to-earnings ratio of 14.16 and a beta of 0.74. The business has a 50-day moving average of $58.40 and a 200-day moving average of $51.30. The company has a current ratio of 0.73, a quick ratio of 0.70 and a debt-to-equity ratio of 0.59. Matador Resources Company has a 12 month low of $37.14 and a 12 month high of $66.84.

Matador Resources (NYSE:MTDR) last issued its earnings results on Wednesday, May 6th. The energy company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.29. The business had revenue of $941.60 million during the quarter, compared to analyst estimates of $871.57 million. Matador Resources had a return on equity of 11.20% and a net margin of 14.41%.Matador Resources’s revenue for the quarter was down 33.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.99 earnings per share. Sell-side analysts expect that Matador Resources Company will post 7.5 earnings per share for the current fiscal year.

Matador Resources Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 8th were paid a $0.375 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.50 annualized dividend and a yield of 2.7%. Matador Resources’s dividend payout ratio is currently 38.56%.

Key Stories Impacting Matador Resources

Here are the key news stories impacting Matador Resources this week:

• Positive Sentiment: Zacks Research raised near- and medium-term earnings forecasts for Matador Resources, including higher EPS estimates for Q3 2026, Q4 2026, Q1 2027, Q2 2027, FY2026, FY2027, and FY2028. Higher earnings expectations can support the stock if investors believe the company’s profitability outlook is improving.
• Positive Sentiment: CEO Joseph Wm. Foran bought additional shares of Matador Resources, following earlier purchases in late May. Insider buying is often viewed as a confidence signal that management believes the stock has upside.
• Neutral Sentiment: Despite the upgraded estimates, Zacks kept a Hold rating on MTDR, suggesting analysts still see limited near-term conviction even with better earnings projections.
• Neutral Sentiment: Matador recently reported strong first-quarter results, beating EPS and revenue expectations, but revenue still declined sharply year over year, which keeps some caution around the energy cycle and production trends.
• Negative Sentiment: The stock still trades below its 50-day moving average, indicating some lingering technical pressure even after the recent rebound.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on MTDR. BMO Capital Markets upped their target price on Matador Resources from $65.00 to $72.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. Roth Mkm reaffirmed a “neutral” rating and issued a $65.00 target price (up from $52.00) on shares of Matador Resources in a research note on Wednesday, April 8th. Wells Fargo & Company upped their target price on Matador Resources from $54.00 to $63.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 16th. Morgan Stanley upped their target price on Matador Resources from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Friday, May 22nd. Finally, KeyCorp boosted their price objective on Matador Resources from $61.00 to $73.00 and gave the company an “overweight” rating in a research report on Thursday, April 2nd. Ten investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Matador Resources presently has an average rating of “Moderate Buy” and a consensus price target of $65.08.

Institutional Trading of Matador Resources

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Harbor Capital Advisors Inc. lifted its position in Matador Resources by 184.9% in the fourth quarter. Harbor Capital Advisors Inc. now owns 30,836 shares of the energy company’s stock valued at $1,309,000 after purchasing an additional 20,011 shares during the last quarter. CIBC Bancorp USA Inc. bought a new stake in Matador Resources in the third quarter valued at approximately $61,615,000. LSV Asset Management raised its holdings in shares of Matador Resources by 5.9% during the third quarter. LSV Asset Management now owns 3,532,303 shares of the energy company’s stock valued at $158,706,000 after acquiring an additional 197,528 shares in the last quarter. Wedge Capital Management L L P NC raised its holdings in shares of Matador Resources by 25.5% during the fourth quarter. Wedge Capital Management L L P NC now owns 78,035 shares of the energy company’s stock valued at $3,312,000 after acquiring an additional 15,859 shares in the last quarter. Finally, Neo Ivy Capital Management bought a new position in shares of Matador Resources during the third quarter valued at approximately $871,000. Institutional investors own 91.98% of the company’s stock.

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.