Matador Resources (NYSE:MTDR) CEO Joseph Wm Foran Purchases 555 Shares of Stock

August 29, 2026 by InsiderTrades.com

Key Points

CEO Joseph Wm Foran bought 555 Matador Resources shares at an average price of $54.49, investing $30,241.95 and increasing his direct holdings by 13.16% to 4,772 shares. The purchase follows several other insider buys totaling substantial additional shares in August and June.
Matador reported strong quarterly results, with earnings of $2.61 per share and revenue of $1.17 billion, beating analyst estimates and increasing revenue 32.5% year over year. The company also declared a quarterly dividend of $0.375 per share, or a 2.7% annualized yield.
Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $66.07, compared with a recent opening price of $56.42.

Matador Resources Company (NYSE:MTDR - Get Free Report) CEO Joseph Wm Foran purchased 555 shares of the company's stock in a transaction dated Wednesday, August 26th. The stock was purchased at an average price of $54.49 per share, for a total transaction of $30,241.95. Following the transaction, the chief executive officer directly owned 4,772 shares in the company, valued at approximately $260,026.28. This trade represents a 13.16% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Permian Resources Rally Faces a Test

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

On Monday, August 17th, Joseph Wm Foran bought 400 shares of Matador Resources stock. The shares were purchased at an average cost of $53.64 per share, with a total value of $21,456.00.
On Thursday, August 13th, Joseph Wm Foran acquired 5,000 shares of Matador Resources stock. The stock was acquired at an average cost of $51.44 per share, with a total value of $257,200.00.
On Wednesday, August 12th, Joseph Wm Foran bought 10,000 shares of Matador Resources stock. The stock was acquired at an average price of $52.16 per share, with a total value of $521,600.00.
On Tuesday, August 11th, Joseph Wm Foran acquired 709 shares of Matador Resources stock. The stock was 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 bought 3,130 shares of Matador Resources stock. The shares were bought at an average price of $51.04 per share, for a total transaction of $159,755.20.
On Tuesday, June 9th, Joseph Wm Foran purchased 2,000 shares of Matador Resources stock. The stock was bought at an average cost of $53.07 per share, with a total value of $106,140.00.
On Thursday, June 4th, Joseph Wm Foran purchased 2,000 shares of Matador Resources stock. The stock was bought at an average cost of $56.25 per share, with a total value of $112,500.00.

Matador Resources Stock Performance

Shares of Matador Resources stock opened at $56.42 on Friday. Matador Resources Company has a one year low of $37.14 and a one year high of $66.84. The firm has a market capitalization of $6.98 billion, a price-to-earnings ratio of 9.68 and a beta of 0.76. The business has a 50-day simple moving average of $52.05 and a 200 day simple moving average of $54.81. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.65 and a quick ratio of 0.62.

Matador’s Results Were Better Than Feared, But 2026 Headwinds Still Matter

Matador Resources (NYSE:MTDR - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The energy company reported $2.61 EPS for the quarter, beating the consensus estimate of $2.08 by $0.53. Matador Resources had a return on equity of 13.18% and a net margin of 19.85%.The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the company posted $1.53 earnings per share. The company's quarterly revenue was up 32.5% on a year-over-year basis. On average, research analysts anticipate that Matador Resources Company will post 7.26 earnings per share for the current fiscal year.

Matador Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Monday, August 10th. Matador Resources's dividend payout ratio (DPR) is currently 25.73%.

Analysts Set New Price Targets

3 Mid-Cap Energy Firms Analysts See Moving Up to the Big Leagues

A number of equities analysts have issued reports on MTDR shares. Wall Street Zen upgraded Matador Resources from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. KeyCorp lowered their price objective on Matador Resources from $73.00 to $68.00 and set an "overweight" rating for the company in a research note on Thursday, August 13th. Weiss Ratings upgraded Matador Resources from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, August 21st. Mizuho raised Matador Resources to a "strong-buy" rating in a research report on Friday, July 31st. Finally, UBS Group upped their price target on Matador Resources from $54.00 to $56.00 and gave the stock a "neutral" rating in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $66.07.

Read Our Latest Stock Analysis on Matador Resources

Institutional Trading of Matador Resources

Hedge funds have recently bought and sold shares of the business. V Square Quantitative Management LLC bought a new stake in shares of Matador Resources during the 1st quarter worth $27,000. Kestra Investment Management LLC grew its position in Matador Resources by 225.2% during the second quarter. Kestra Investment Management LLC now owns 517 shares of the energy company's stock valued at $25,000 after buying an additional 358 shares during the period. Center for Financial Planning Inc. bought a new position in Matador Resources during the first quarter valued at about $41,000. Altshuler Shaham Ltd increased its holdings in Matador Resources by 36.7% during the first quarter. Altshuler Shaham Ltd now owns 748 shares of the energy company's stock worth $47,000 after buying an additional 201 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC purchased a new stake in Matador Resources during the third quarter worth about $35,000. 91.98% of the stock is currently owned by institutional investors.

Matador Resources Company Profile

(Get Free Report)

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.