Matador Resources Company (NYSE:MTDR – Get Free Report) CEO Joseph Wm Foran bought 10,000 shares of the stock in a transaction on Wednesday, August 12th. The shares were acquired at an average cost of $52.16 per share, with a total value of $521,600.00. Following the acquisition, the chief executive officer directly owned 25,617 shares in the company, valued at approximately $1,336,182.72. This trade represents a 64.03% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Joseph Wm Foran also recently made the following trade(s):
- On Thursday, August 13th, Joseph Wm Foran bought 5,000 shares of Matador Resources stock. The stock was bought at an average cost of $51.44 per share, for a total transaction of $257,200.00.
- On Tuesday, August 11th, Joseph Wm Foran bought 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, for a total transaction 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 price of $53.07 per share, with a total value of $106,140.00.
- On Thursday, June 4th, Joseph Wm Foran bought 2,000 shares of Matador Resources stock. The stock was purchased 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 purchased at an average price of $52.70 per share, with a total value of $25,401.40.
- On Wednesday, May 27th, Joseph Wm Foran bought 4,675 shares of Matador Resources stock. The shares were acquired at an average price of $52.36 per share, for a total transaction of $244,783.00.
Matador Resources Stock Up 3.9%
Shares of Matador Resources stock opened at $53.61 on Friday. The company has a market capitalization of $6.63 billion, a P/E ratio of 9.20 and a beta of 0.76. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.65 and a quick ratio of 0.62. The business has a 50-day moving average of $51.13 and a two-hundred day moving average of $53.96. Matador Resources Company has a 1 year low of $37.14 and a 1 year high of $66.84.
Matador Resources Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 10th will be given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Monday, August 10th. Matador Resources’s payout ratio is currently 25.73%.
Analyst Ratings Changes
Several analysts have issued reports on the company. Mizuho raised Matador Resources to a “strong-buy” rating in a research note on Friday, July 31st. Zacks Research lowered Matador Resources from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Matador Resources in a research report on Friday, August 7th. KeyCorp decreased their price target on shares of Matador Resources from $73.00 to $68.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Morgan Stanley lowered 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 report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Matador Resources presently has an average rating of “Moderate Buy” and an average price target of $66.07.
Check Out Our Latest Stock Analysis on MTDR
Matador Resources News Roundup
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
Institutional Trading of Matador Resources
A number of hedge funds and other institutional investors have recently modified their holdings of MTDR. Morningstar Investment Management LLC acquired a new stake in shares of Matador Resources in the 1st quarter valued at approximately $2,630,000. Peterson Wealth Services increased its holdings in Matador Resources by 333.7% during the fourth quarter. Peterson Wealth Services now owns 51,356 shares of the energy company’s stock worth $2,180,000 after buying an additional 39,516 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in Matador Resources by 2.1% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,054,232 shares of the energy company’s stock worth $44,742,000 after buying an additional 21,630 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its position in Matador Resources by 17.9% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 233,212 shares of the energy company’s stock worth $9,898,000 after acquiring an additional 35,366 shares in the last quarter. Finally, Copeland Capital Management LLC lifted its stake in Matador Resources by 19.6% in the fourth quarter. Copeland Capital Management LLC now owns 1,426,505 shares of the energy company’s stock valued at $60,541,000 after acquiring an additional 233,423 shares during the last quarter. Institutional investors and hedge funds 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.
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