Matador Resources Company (NYSE:MTDR - Get Free Report) CEO Joseph Foran purchased 5,000 shares of the company's stock in a transaction dated Thursday, November 5th. The shares were bought at an average price of $51.36 per share, for a total transaction of $256,800.00. Following the completion of the transaction, the chief executive officer directly owned 9,772 shares in the company, valued at approximately $501,889.92. This trade represents a 104.78% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Joseph Wm Foran also recently made the following trade(s):
- On Wednesday, August 26th, Joseph Foran purchased 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 acquired 400 shares of Matador Resources stock. The shares were bought at an average price of $53.64 per share, with a total value of $21,456.00.
- On Thursday, August 13th, Joseph Foran acquired 5,000 shares of Matador Resources stock. The shares were bought at an average price of $51.44 per share, with a total value of $257,200.00.
- On Wednesday, August 12th, Joseph Foran bought 10,000 shares of Matador Resources stock. The stock was bought at an average cost of $52.16 per share, for a total transaction of $521,600.00.
- On Tuesday, August 11th, Joseph Foran bought 709 shares of Matador Resources stock. The stock was bought at an average cost of $51.68 per share, for a total transaction of $36,641.12.
Matador Resources Stock Performance
MTDR stock opened at $49.98 on Tuesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.62 and a current ratio of 0.55. The stock has a market capitalization of $6.18 billion, a price-to-earnings ratio of 8.62 and a beta of 0.93. Matador Resources Company has a 1 year low of $38.80 and a 1 year high of $66.84. The stock's fifty day moving average is $56.08 and its two-hundred day moving average is $54.54.
Matador Resources (NYSE:MTDR - Get Free Report) last announced its quarterly earnings results 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 company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.12 billion. Matador Resources had a net margin of 18.60% and a return on equity of 14.32%. The company's revenue for the quarter was up 33.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.36 earnings per share. On average, research analysts predict that Matador Resources Company will post 8.34 EPS for the current year.
Matador Resources Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Tuesday, November 10th will be given a $0.4375 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $1.75 annualized dividend and a yield of 3.5%. This is a boost from Matador Resources's previous quarterly dividend of $0.3750. Matador Resources's payout ratio is 25.86%.
Wall Street Analysts Forecast Growth
Several research firms have commented on MTDR. Weiss Ratings cut shares of Matador Resources from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, November 4th. UBS Group raised their price target on shares of Matador Resources from $56.00 to $64.00 and gave the company a "neutral" rating in a research note on Monday, September 14th. Truist Financial lifted their price target on Matador Resources from $65.00 to $66.00 and gave the company a "buy" rating in a report on Thursday, November 5th. Mizuho reduced their price objective on Matador Resources from $77.00 to $71.00 and set an "outperform" rating for the company in a research report on Monday, October 19th. Finally, Scotiabank began coverage on Matador Resources in a report on Thursday, October 15th. They issued a "sector perform" rating and a $59.00 price objective for the company. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Matador Resources has a consensus rating of "Moderate Buy" and a consensus target price of $68.50.
Get Our Latest Analysis on MTDR
Key Stories Impacting Matador Resources
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 Inflows and Outflows
A number of large investors have recently modified their holdings of MTDR. Intech Investment Management LLC raised its stake in shares of Matador Resources by 156.6% during the third quarter. Intech Investment Management LLC now owns 73,702 shares of the energy company's stock valued at $3,802,000 after purchasing an additional 44,980 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in Matador Resources by 27.7% in the third quarter. Hantz Financial Services Inc. now owns 9,974 shares of the energy company's stock worth $514,000 after purchasing an additional 2,165 shares during the period. Royce & Associates LP lifted its holdings in Matador Resources by 0.4% in the third quarter. Royce & Associates LP now owns 374,831 shares of the energy company's stock worth $19,334,000 after purchasing an additional 1,337 shares during the period. Diversified Trust Co grew its position in Matador Resources by 1.8% in the 3rd quarter. Diversified Trust Co now owns 24,436 shares of the energy company's stock valued at $1,260,000 after buying an additional 434 shares in the last quarter. Finally, Allworth Financial LP grew its position in Matador Resources by 27.6% in the 3rd quarter. Allworth Financial LP now owns 1,621 shares of the energy company's stock valued at $81,000 after buying an additional 351 shares in the last quarter. 91.98% of the stock is owned by institutional investors and hedge funds.
About Matador Resources
(
Get Free Report)
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.
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