Matador Resources (NYSE:MTDR) CEO Joseph Wm Foran Acquires 5,000 Shares of Company Stock

Matador Resources Company (NYSE:MTDR) CEO Joseph Foran acquired 5,000 shares of the company’s stock in a transaction dated Thursday, November 5th. The shares were acquired at an average cost of $51.36 per share, with a total value of $256,800.00. Following the completion of the purchase, the chief executive officer owned 9,772 shares in the company, valued at approximately $501,889.92. This represents a 104.78% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Wednesday, August 26th, Joseph Foran bought 555 shares of Matador Resources stock. The stock was bought at an average cost of $54.49 per share, for a total transaction of $30,241.95.
• On Monday, August 17th, Joseph Foran bought 400 shares of Matador Resources stock. The stock was bought at an average cost of $53.64 per share, for a total transaction of $21,456.00.
• On Thursday, August 13th, Joseph Foran bought 5,000 shares of Matador Resources stock. The shares were bought at an average price of $51.44 per share, for a total transaction of $257,200.00.
• On Wednesday, August 12th, Joseph Foran purchased 10,000 shares of Matador Resources stock. The shares were bought at an average cost of $52.16 per share, with a total value of $521,600.00.
• On Tuesday, August 11th, Joseph Foran purchased 709 shares of Matador Resources stock. The shares were bought at an average cost of $51.68 per share, with a total value of $36,641.12.

Matador Resources Stock Performance

NYSE MTDR opened at $49.98 on Tuesday. Matador Resources Company has a fifty-two week low of $38.80 and a fifty-two week high of $66.84. The stock has a market cap of $6.18 billion, a price-to-earnings ratio of 8.62 and a beta of 0.93. The business has a fifty day moving average of $56.08 and a 200-day moving average of $54.54. The company has a quick ratio of 0.62, a current ratio of 0.55 and a debt-to-equity ratio of 0.67.

Matador Resources (NYSE:MTDR) last issued its quarterly earnings data on Tuesday, November 3rd. The energy company reported $2.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.23. The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.12 billion. Matador Resources had a return on equity of 14.32% and a net margin of 18.60%. The business’s revenue was up 33.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.36 earnings per share. As a group, analysts predict that Matador Resources Company will post 8.34 earnings per share for the current fiscal year.

Matador Resources Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Tuesday, November 10th will be paid a $0.4375 dividend. This represents a $1.75 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Tuesday, November 10th. This is a positive change from Matador Resources’s previous quarterly dividend of $0.3750. Matador Resources’s dividend payout ratio is presently 25.86%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Weiss Ratings downgraded shares of Matador Resources from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, November 4th. Stifel Nicolaus began coverage on shares of Matador Resources in a research report on Thursday, September 10th. They issued a “buy” rating and a $66.00 price objective for the company. Truist Financial upped their price objective on shares of Matador Resources from $65.00 to $66.00 and gave the company a “buy” rating in a research note on Thursday, November 5th. KeyCorp raised their target price on shares of Matador Resources from $68.00 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 15th. Finally, UBS Group raised their target price on shares of Matador Resources from $56.00 to $64.00 and gave the stock a “neutral” rating in a research report on Monday, September 14th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $68.50.

More Matador Resources News

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

• Positive Sentiment: CEO Joseph Foran bought 5,000 shares for $256,800, more than doubling his direct stake. COO Glenn Stetson also purchased 1,000 shares for $50,800. SEC filing on Foran’s purchase SEC filing on Stetson’s purchase
• Positive Sentiment: Director Shelley Appel reported two purchases totaling 1,350 shares, while director Paul Harvey bought 500 shares. Together, the reported insider transactions represent roughly $401,000 of purchases. SEC filing on Appel’s purchases SEC filing on Harvey’s purchase
• Neutral Sentiment: A Zacks article reviewed Matador’s Q3 2026 results against estimates and year-ago figures for key metrics, but the available summary does not identify specific metric surprises. Zacks Q3 metrics article

Institutional Trading of Matador Resources

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Intech Investment Management LLC raised its holdings in shares of Matador Resources by 156.6% during the 3rd quarter. Intech Investment Management LLC now owns 73,702 shares of the energy company’s stock valued at $3,802,000 after buying an additional 44,980 shares during the period. Hantz Financial Services Inc. boosted its stake in Matador Resources by 27.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 9,974 shares of the energy company’s stock valued at $514,000 after acquiring an additional 2,165 shares during the last quarter. Royce & Associates LP grew its holdings in Matador Resources by 0.4% during the 3rd quarter. Royce & Associates LP now owns 374,831 shares of the energy company’s stock worth $19,334,000 after acquiring an additional 1,337 shares in the last quarter. Diversified Trust Co increased its position in shares of Matador Resources by 1.8% in the 3rd quarter. Diversified Trust Co now owns 24,436 shares of the energy company’s stock worth $1,260,000 after purchasing an additional 434 shares during the last quarter. Finally, Allworth Financial LP increased its position in shares of Matador Resources by 27.6% in the 3rd quarter. Allworth Financial LP now owns 1,621 shares of the energy company’s stock worth $81,000 after purchasing an additional 351 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 company engaged in the exploration, development, production and acquisition of oil and natural gas. Its operations are focused primarily on the Delaware Basin in southeastern New Mexico and West Texas.

Alongside its exploration and production business, Matador provides midstream services through its subsidiary San Mateo Midstream. These activities include gathering and processing natural gas and handling produced water, supporting the company’s operations and serving other producers in the region.

Matador was founded in 2003 and is headquartered in Dallas, Texas.