Matador Resources Company (MTDR)
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]
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 StatementsAnalyst 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.
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.
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.

Why Is Matador (MTDR) Down 12.6% Since Last Earnings Report?
Matador (MTDR) reported earnings 30 days ago. What's next for the stock?

Here's Why Hold Strategy is Apt for Matador (MTDR) Stock
Handsome oil prices aid Matador's (MTDR) upstream operations.

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.

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.

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?

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...

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...

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...

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.

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.

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.

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...

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.

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.

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.

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...

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...

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.

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...

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).

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...