Matador Resources Company (MTDR)
| Market Cap | 8.21B |
| Revenue (ttm) | 2.81B |
| Net Income (ttm) | 846.07M |
| Shares Out | 124.78M |
| EPS (ttm) | 7.05 |
| PE Ratio | 9.43 |
| Forward PE | 9.19 |
| Dividend | $0.80 (1.22%) |
| Ex-Dividend Date | Feb 22, 2024 |
| Volume | 359,798 |
| Open | 66.36 |
| Previous Close | 65.65 |
| Day's Range | 65.53 - 66.71 |
| 52-Week Range | 42.04 - 71.08 |
| Beta | 3.35 |
| Analysts | Strong Buy |
| Price Target | 73.27 (+11.39%) |
| Earnings Date | Apr 23, 2024 |
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 2023, MTDR's revenue was $2.81 billion, a decrease of -8.22% compared to the previous year's $3.06 billion. Earnings were $846.07 million, a decrease of -30.32%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for MTDR stock is "Strong Buy." The 12-month stock price forecast is $73.27, which is an increase of 11.39% from the latest price.
News
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 $0.20 per share of common stock payable on...
Matador Resources Company Announces Date of First Quarter 2024 Earnings Release
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced plans to release first quarter 2024 operational and financial results after the close of tr...
Matador Resources Company Announces Expiration and Results of Cash Tender Offer for Any and All of Its Outstanding 5.875% Senior Notes Due 2026
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador”) today announced the expiration and results of its previously announced cash tender offer (the “Tender Offer”) to purchase an...
Matador Resources Company Prices Upsized Offering of $900 Million of Senior Notes Due 2032
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador”) today announced that it has priced a private offering of $900 million of 6.500% senior unsecured notes due 2032 (the “New No...
Matador Resources Company Announces Cash Tender Offer for Any and All of Its Outstanding 5.875% Senior Notes Due 2026
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador”) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of the approximately ...
Matador Resources Company Announces Offering of $800 Million of Senior Notes Due 2032
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador”) today announced that, subject to market conditions, it intends to offer $800 million of senior unsecured notes due 2032 (the...
Matador Resources Company Announces Pricing of Public Offering of Common Stock
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador”) announced today that it has priced an underwritten public offering of 5,250,000 shares of its common stock. The total estima...
Matador Resources Company Announces Commencement of Public Offering of Common Stock
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador”) announced today that it has commenced an underwritten public offering of 5,250,000 shares of its common stock. Matador inten...
Matador Resources Company Announces Amendment to Its Credit Facility and Completion of Natural Gas Pipeline Connections
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that Matador and its lenders successfully amended the Company's credit agreement to, among ...
Matador Resources Company Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Operational Update, 2024 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 2023. A slide presentat...
Matador Resources Company Announces Appointment of New Director
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador”) today announced the appointment of Ms. Susan M. Ward to its Board of Directors (the “Board”). Ms. Ward is a former 12-year S...
Matador Resources Company Announces Date of Fourth Quarter and Full Year 2023 Earnings Release
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced plans to release fourth quarter and full year 2023 operational and financial results after ...
20 midcap stocks with 2024 upside ranging up to 62%, according to analysts
When investors think about whether to increase their exposure beyond the big companies that grab most of the headlines in the financial media, they are likely to look at small-cap stocks first. After ...
Matador Resources Company Provides Operational Update
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced initial production results from its 21 Margarita wells that were acquired in connection wit...
Matador Resources Company Reports Third Quarter 2023 Results and Increases Fourth Quarter Production Guidance
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the third quarter of 2023. A short slide presentation su...
Matador Resources Company Increases Quarterly Cash Dividend to $0.20 Per Share and Announces Increases to Its Credit Facility
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that its Board of Directors amended the Company's dividend policy pursuant to which the Com...
Matador Resources Company Announces Date of Third Quarter 2023 Earnings Release
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced plans to release third quarter 2023 operational and financial results after the close of tr...
Matador Resources Company Reports Second Quarter 2023 Results, Increases Production Guidance and Decreases Capital Expenditure Guidance
DALLAS, Texas--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the second quarter of 2023. A short slide present...
Matador Resources Company Announces Date of Second Quarter 2023 Earnings Release
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced plans to release second quarter 2023 operational and financial results after the close of t...
Matador Resources Company Announces 2023 Annual Meeting and Webcast Details
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) will hold its 2023 Annual Meeting of Shareholders on Friday, June 9, 2023 at 9:30 a.m. Central Time. The An...
Matador Resources Company Reports First Quarter 2023 Financial Results and Provides Operational Update
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the first quarter of 2023. A short slide presentation su...
Matador Resources Company Announces Date of First Quarter 2023 Earnings Release
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced plans to release first quarter 2023 operational and financial results after the close of tr...