Matador Resources Company (MTDR)

NYSE: MTDR · IEX Real-Time Price · USD
47.69
+0.09 (0.20%)
Mar 31, 2023, 11:07 AM EDT - Market open
0.2%
Market Cap 5.68B
Revenue (ttm) 3.06B
Net Income (ttm) 1.21B
Shares Out 119.07M
EPS (ttm) 10.11
PE Ratio 4.71
Forward PE 5.34
Dividend $0.40 (0.84%)
Ex-Dividend Date Feb 24, 2023
Volume 175,383
Open 47.98
Previous Close 47.59
Day's Range 47.52 - 48.20
52-Week Range 41.17 - 73.78
Beta 3.56
Analysts Buy
Price Target 72.50 (+52.04%)
Earnings Date Apr 24, 2023

About MTDR

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. It also operates the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. In addition, the com... [Read more]

Industry Oil & Gas E&P
Sector Energy
IPO Date Feb 2, 2012
Employees 286
Stock Exchange NYSE
Ticker Symbol MTDR
Full Company Profile

Financial Performance

In 2022, MTDR's revenue was $3.06 billion, an increase of 83.89% compared to the previous year's $1.66 billion. Earnings were $1.21 billion, an increase of 107.57%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for MTDR stock is "Buy." The 12-month stock price forecast is $72.5, which is an increase of 52.04% from the latest price.

Price Target
$72.5
(52.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Matador (MTDR) to Pay $6.2M Fine for Polluting Permian Basin

Matador's (MTDR) settlement is estimated to reduce emissions by 16,000 tons, with an additional reduction of methane and other greenhouse gas emissions by 31,000 tons.

2 days ago - Zacks Investment Research

Here's why there is a buying opportunity in energy stocks, according to RBC Capital's Scott Hanold

Scott Hanold, managing director at RBC Capital Market, joins ‘Closing Bell: Overtime' to discuss whether there is a buying opportunity in energy stocks despite trading lower by over 9% this year.

Other symbols: FANGMROPRRRCXLE
3 days ago - CNBC Television

Why Is Matador (MTDR) Down 12.6% Since Last Earnings Report?

Matador (MTDR) reported earnings 30 days ago. What's next for the stock?

1 week ago - Zacks Investment Research

Here's Why Hold Strategy is Apt for Matador (MTDR) Stock

Handsome oil prices aid Matador's (MTDR) upstream operations.

1 week ago - Zacks Investment Research

Oil Price Remains Favorable: 3 Permian Explorers to Gain

Exploration and production businesses are still lucrative, considering the prevailing commodity prices. Thus, Diamondback (FANG), Pioneer (PXD) & Matador (MTDR) are poised to gain.

Other symbols: FANGPXD
1 week ago - Zacks Investment Research

7 Stocks to Buy in March 2023

Although the equities sector got off to a great start earlier in the year, significant tremors force a discussion on truly viable stocks to buy in March. Predominantly, comments by Federal Reserve Cha...

Other symbols: DQHCCPBFERFHHSUNFI
2 weeks ago - InvestorPlace

The 12 Best Stocks to Buy Now

The lesson of the past two years: Be ready for anything. Our best stocks to buy now reflect opportunities amid an uncertain economic backdrop.

1 month ago - Kiplinger

Matador (MTDR) Tops on Q4 Earnings, Hikes Quarterly Dividend

Higher oil-equivalent production volumes and commodity price realizations aid Matador's (MTDR) earnings in Q4.

1 month ago - Zacks Investment Research

Matador Resources (MTDR) Tops Q4 Earnings and Revenue Estimates

Matador (MTDR) delivered earnings and revenue surprises of 6.67% and 8.66%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Matador Resources Company Reports Fourth Quarter and Full Year 2022 Financial Results and Provides Operational Update, 2023 Operating Plan and Market Guidance

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the fourth quarter and full year 2022. A slide presentat...

1 month ago - Business Wire

Matador Resources Company Names New Chief Financial Officer

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador”) today announced the promotion of Brian J. Willey to Chief Financial Officer, President of Midstream Operations and Executive...

1 month ago - Business Wire

Matador Resources Company Declares Quarterly Cash Dividend

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador”) today announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share of common stock payable on...

1 month ago - Business Wire

Matador Resources (MTDR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Matador (MTDR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Oil Price Remains Healthy: 3 Permian Explorers to Gain

Exploration and production businesses are witnessing big gains from a healthy crude price trajectory. Thus, Diamondback (FANG), Pioneer (PXD) & Matador (MTDR) are poised to gain.

Other symbols: FANGPXD
1 month ago - Zacks Investment Research

3 Permian Explorers to Keep an Eye on Healthy Oil Prices

Exploration and production businesses are witnessing big gains from a healthy crude price trajectory. Thus, Diamondback (FANG), Pioneer (PXD) & Matador (MTDR) are poised to gain.

Other symbols: FANGPXD
2 months ago - Zacks Investment Research

Matador Resources Company Announces Date of Fourth Quarter and Full Year 2022 Earnings Release

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced plans to release fourth quarter and full year 2022 operational and financial results afte...

2 months ago - Business Wire

New Strong Sell Stocks for January 27th

CIVI, MTDR and HOPE have been added to the Zacks Rank #5 (Strong Sell) List on January 27, 2023.

Other symbols: CIVIHOPE
2 months ago - Zacks Investment Research

Matador (MTDR) Signs $1.6B Deal to Buy Delaware Basin Assets

Matador (MTDR) expects the acquired assets to generate forward one-year adjusted earnings before interest, taxes, depreciation and amortization of $475-$525 million.

2 months ago - Zacks Investment Research

New Strong Sell Stocks for January 25th

AG, JLL and MTDR have been added to the Zacks Rank #5 (Strong Sell) List on January 25, 2023.

Other symbols: AGJLL
2 months ago - Zacks Investment Research

Matador Resources buying EnCap portfolio company Advance Energy Partners

Matador Resources Co. MTDR, +1.18% said Tuesday it agreed to pay $1.6 billion as part of an acquisition agreement with oil and gas property owner Advance Energy Partners Holdings LLC from seller EnCap...

2 months ago - Market Watch

Matador Resources Company Announces Strategic Bolt-on Delaware Basin Acquisition

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acqu...

2 months ago - Business Wire

3 Permian Explorers in Focus on Healthy Oil Prices

Exploration and production businesses are witnessing big gains from a healthy crude price trajectory. Thus, Diamondback (FANG), Pioneer (PXD) & Matador (MTDR) are poised to gain.

Other symbols: FANGPXD
3 months ago - Zacks Investment Research

7 Best Natural Gas Stocks to Buy Now

This may feel like an odd time to be talking about the best natural gas stocks to buy. Natural gas futures trading on the New York Mercantile Exchange's Henry Hub just closed at a two-month low despit...

Other symbols: BSMCNQFANGPXDTPLWDS
3 months ago - InvestorPlace

3 Permian Explorers to Gain as Oil Price Remains Healthy

Exploration and production businesses are witnessing big gains on the back of a healthy crude price trajectory. This will benefit Diamondback (FANG), Pioneer (PXD) & Matador (MTDR).

Other symbols: FANGPXD
3 months ago - Zacks Investment Research

7 Discounted Oil Stocks to Pick Up on Recession Jitters

While oil stocks represented one of the strongest segments of the market earlier this year due to a combustible combination of skyrocketing inflation and Russia's invasion of Ukraine, the present circ...

Other symbols: EPSNIMOPNRGVLOWDS
3 months ago - InvestorPlace