Matador Resources (NYSE:MTDR) CEO Joseph Wm Foran Purchases 709 Shares of Stock

Matador Resources Company (NYSE:MTDR) CEO Joseph Wm Foran acquired 709 shares of Matador Resources stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of $51.68 per share, with a total value of $36,641.12. Following the transaction, the chief executive officer directly owned 15,617 shares in the company, valued at approximately $807,086.56. The trade was a 4.76% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, August 10th, Joseph Wm Foran bought 3,130 shares of Matador Resources stock. The stock was bought at an average cost of $51.04 per share, for a total transaction of $159,755.20.
• On Tuesday, June 9th, Joseph Wm Foran purchased 2,000 shares of Matador Resources stock. The shares were bought at an average price of $53.07 per share, for a total transaction of $106,140.00.
• On Thursday, June 4th, Joseph Wm Foran purchased 2,000 shares of Matador Resources stock. The stock was bought at an average cost of $56.25 per share, with a total value of $112,500.00.
• On Friday, May 29th, Joseph Wm Foran acquired 482 shares of Matador Resources stock. The stock was bought at an average price 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 stock was bought at an average price of $52.36 per share, with a total value of $244,783.00.

Matador Resources Stock Performance

Shares of MTDR stock opened at $52.45 on Thursday. The stock’s 50-day moving average is $51.21 and its two-hundred day moving average is $53.90. 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 Company has a 1 year low of $37.14 and a 1 year high of $66.84. The firm has a market cap of $6.49 billion, a price-to-earnings ratio of 9.00 and a beta of 0.76.

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

Matador Resources Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 10th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $1.50 annualized dividend and a yield of 2.9%. Matador Resources’s payout ratio is 25.73%.

Matador Resources News Roundup

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

• Positive Sentiment: CEO Joseph Wm. Foran bought 3,130 shares for approximately $159,755 and then purchased another 709 shares, while EVP William Thomas Elsener bought 850 shares for roughly $43,299. The concentrated buying by senior executives may signal that management considers MTDR attractively valued after its recent weakness. Matador Resources insider buying report
• Positive Sentiment: Matador’s second-quarter earnings exceeded expectations, with adjusted earnings of $2.61 per share versus the $2.08 consensus estimate and revenue of $1.17 billion versus forecasts of $1.06 billion. Revenue increased 32.5% year over year, strengthening the fundamental case for the energy producer. Matador Resources financial information
• Positive Sentiment: An analysis argues that Matador’s midstream connectivity increases the value of its Delaware Basin acreage, potentially improving infrastructure access and supporting the economics of future development. Matador Resources midstream connectivity analysis
• Neutral Sentiment: Analysts continue to scrutinize management’s outlook and answers from the second-quarter earnings call, indicating that future production, commodity prices and 2026 spending remain important valuation factors. Matador Resources earnings call analysis
• Negative Sentiment: Citigroup reduced its price target from $68 to $60, and Truist reportedly issued a more pessimistic outlook. Although both firms retain constructive elements, the target reductions highlight concerns about 2026 headwinds and temper the impact of the earnings beat. Citigroup price target update Truist forecast report

Analyst Upgrades and Downgrades

MTDR has been the topic of a number of recent research reports. Morgan Stanley cut their target price on shares of Matador Resources from $75.00 to $66.00 and set an “equal weight” rating on the stock in a report on Monday, June 29th. Truist Financial decreased their price target on shares of Matador Resources from $63.00 to $59.00 and set a “buy” rating for the company in a research note on Monday. UBS Group raised their price objective on shares of Matador Resources from $54.00 to $56.00 and gave the stock a “neutral” rating in a research report on Monday. Zacks Research lowered shares of Matador Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Finally, Mizuho upgraded shares of Matador Resources to a “strong-buy” rating in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Matador Resources currently has an average rating of “Moderate Buy” and an average target price of $65.29.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in shares of Matador Resources during the second quarter worth approximately $573,936,000. Dimensional Fund Advisors LP lifted its holdings in shares of Matador Resources by 4.2% during the first quarter. Dimensional Fund Advisors LP now owns 6,948,104 shares of the energy company’s stock worth $439,010,000 after purchasing an additional 277,839 shares during the period. State Street Corp grew its position in Matador Resources by 1.9% in the 4th quarter. State Street Corp now owns 4,617,864 shares of the energy company’s stock valued at $195,982,000 after buying an additional 86,344 shares during the last quarter. LSV Asset Management grew its position in Matador Resources by 8.8% in the 4th quarter. LSV Asset Management now owns 3,842,011 shares of the energy company’s stock valued at $163,055,000 after buying an additional 309,708 shares during the last quarter. Finally, Wellington Management Group LLP increased its stake in Matador Resources by 65.0% in the 4th quarter. Wellington Management Group LLP now owns 3,406,182 shares of the energy company’s stock valued at $144,558,000 after buying an additional 1,342,145 shares during the period. 91.98% of the stock is currently owned by hedge funds and other institutional investors.

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.