Joseph Wm Foran net worth and biography

Joseph Foran Biography and Net Worth

Mr. Foran founded Matador Resources Company in July 2003 and has served as Chairman of the Board, Chief Executive Officer and Secretary since our founding in 2003. He is also chair of the Board’s Executive Committee.

Mr. Foran began his career as an oil and natural gas independent in 1983 when he and his wife, Nancy, founded Foran Oil Company with $270,000 in contributed capital from 17 of his closest friends and neighbors. Foran Oil Company was later contributed into Matador Petroleum Corporation upon its formation by Mr. Foran in 1988, and Mr. Foran served as Chairman and Chief Executive Officer of that company from inception until the time of its sale to Tom Brown, Inc. in June 2003 for an enterprise value of $388 million in an all-cash transaction on a Friday. On the following Monday, Mr. Foran founded Matador Resources Company (Matador II). Today, Matador is one of the top 20 public exploration and production companies in the country by market capitalization and one of the top 10 oil and natural gas producers in New Mexico.

Mr. Foran is originally from Amarillo, Texas, where his family owned a pipeline construction business. From 1980 to 1983, he was Vice President and General Counsel of J. Cleo Thompson and James Cleo Thompson, Jr., Oil Producers, a large independent producer. Prior to that time, he was a briefing attorney to Chief Justice Joe R. Greenhill of the Supreme Court of Texas.

Mr. Foran graduated with a Bachelor of Science degree in Accounting from the University of Kentucky with highest honors and a law degree from the Southern Methodist University Dedman School of Law, where he was a Hatton W. Sumners scholar and the Leading Articles Editor on the Southwestern Law Review. He is currently active as a member of various industry and civic organizations, including his church and various youth activities. In 2002, Mr. Foran was honored as the Ernst & Young “Entrepreneur of the Year” for the Southwest Region. In 2015, he was inducted into the University of Kentucky Gatton College of Business and Economics Hall of Fame. In 2019, Mr. Foran received the SMU Dedman School of Law Distinguished Alumni Award for Corporate Service and was named D CEO Magazine’s 2019 Upstream CEO of the Year. In 2020, he was inducted into the Philosophical Society of Texas. He was also named to Institutional Investors’ All-American Executive Team as one of the top chief executive officers in the Small Cap Energy Division in 2021.

As the founder, Chairman of the Board and Chief Executive Officer of Matador Resources Company, Mr. Foran provides Board leadership, industry experience and long relationships with many of our shareholders.

What is Joseph Wm Foran's net worth?

The estimated net worth of Joseph Wm Foran is at least $8.26 million as of March 15th, 2023. Mr. Foran owns 173,468 shares of Matador Resources stock worth more than $8,255,342 as of March 31st. This net worth evaluation does not reflect any other investments that Mr. Foran may own. Learn More about Joseph Wm Foran's net worth.

What is Joseph Wm Foran's salary?

As the CEO of Matador Resources, Mr. Foran earned a total compensation package of $9,057,189.00 in 2021. Mr. Foran earned a salary of $1,231,250.00, stock awards of $5,203,040.00, non-equity compensation of $2,600,000.00, and other compensation of $22,899.00. Learn More on Joseph Wm Foran's salary.

How do I contact Joseph Wm Foran?

The corporate mailing address for Mr. Foran and other Matador Resources executives is 5400 LBJ Freeway Suite 1500, Dallas TX, 75240. Matador Resources can also be reached via phone at (972) 371-5200 and via email at [email protected] Learn More on Joseph Wm Foran's contact information.

Has Joseph Wm Foran been buying or selling shares of Matador Resources?

During the past quarter, Joseph Wm Foran has bought $187,040.00 of Matador Resources stock. Most recently, on Wednesday, March 15th, Joseph Wm Foran bought 2,000 shares of Matador Resources stock. The stock was acquired at an average cost of $44.75 per share, with a total value of $89,500.00. Following the completion of the transaction, the chief executive officer now directly owns 173,468 shares of the company's stock, valued at $7,762,693. Learn More on Joseph Wm Foran's trading history.

Who are Matador Resources' active insiders?

Matador Resources' insider roster includes Craig Adams (COO), Reynald Baribault (Director), Robert Baty (Director), Craig Burkert (Director), Monika Ehrman (Director), Joseph Foran (CEO), Julia Forrester- Rogers (Director), Billy Goodwin (COO), Robert Macalik (CAO), Timothy Parker (Director), and Kenneth Stewart (Director). Learn More on Matador Resources' active insiders.

Are insiders buying or selling shares of Matador Resources?

During the last twelve months, Matador Resources insiders bought shares 9 times. They purchased a total of 10,900 shares worth more than $497,103.00. The most recent insider tranaction occured on March, 16th when insider Billy E Goodwin bought 1,000 shares worth more than $44,520.00. Insiders at Matador Resources own 5.6% of the company. Learn More about insider trades at Matador Resources.

Information on this page was last updated on 3/16/2023.

Joseph Wm Foran Insider Trading History at Matador Resources

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/15/2023Buy2,000$44.75$89,500.00173,468View SEC Filing Icon  
3/13/2023Buy2,000$48.77$97,540.00171,468View SEC Filing Icon  
8/4/2021Buy3,000$28.04$84,120.00View SEC Filing Icon  
11/6/2020Buy15,000$6.69$100,350.00View SEC Filing Icon  
10/30/2020Buy1,500$6.71$10,065.00View SEC Filing Icon  
3/13/2020Buy239,732$2.00$479,464.00View SEC Filing Icon  
3/9/2020Buy50,000$2.37$118,500.00View SEC Filing Icon  
11/29/2019Buy10,000$14.08$140,800.00View SEC Filing Icon  
11/18/2019Buy10,000$13.90$139,000.00View SEC Filing Icon  
11/14/2019Buy10,000$14.30$143,000.00View SEC Filing Icon  
8/14/2019Buy8,000$14.14$113,120.00View SEC Filing Icon  
8/5/2019Buy8,000$15.05$120,400.00View SEC Filing Icon  
12/10/2018Buy2,000$20.66$41,320.00View SEC Filing Icon  
11/27/2018Buy2,000$21.95$43,900.00View SEC Filing Icon  
11/23/2018Buy2,000$22.43$44,860.00View SEC Filing Icon  
6/9/2017Sell11,000$23.12$254,320.00View SEC Filing Icon  
12/14/2015Buy4,657$20.95$97,564.15122,422View SEC Filing Icon  
8/7/2015Buy10,000$22.16$221,600.00View SEC Filing Icon  
3/13/2015Buy5,000$20.50$102,500.00View SEC Filing Icon  
9/8/2014Buy4,000$25.00$100,000.00View SEC Filing Icon  
8/13/2014Buy2,000$25.23$50,460.00View SEC Filing Icon  
8/12/2014Buy4,000$26.00$104,000.00View SEC Filing Icon  
5/15/2014Buy5,000$23.60$118,000.00117,250View SEC Filing Icon  
9/10/2013Buy15,000$15.25$228,750.00View SEC Filing Icon  
5/23/2013Buy10,000$9.40$94,000.00View SEC Filing Icon  
12/14/2012Buy10,000$7.98$79,800.00View SEC Filing Icon  
12/7/2012Buy5,000$8.25$41,250.00View SEC Filing Icon  
11/15/2012Buy5,000$8.43$42,150.00View SEC Filing Icon  
9/4/2012Buy5,000$9.98$49,900.00View SEC Filing Icon  
8/28/2012Buy5,000$9.95$49,750.00View SEC Filing Icon  
8/17/2012Buy10,000$10.16$101,600.00View SEC Filing Icon  
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Joseph Wm Foran Buying and Selling Activity at Matador Resources

This chart shows Joseph Wm Foran's buying and selling at Matador Resources by year and by quarter.

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Matador Resources Company Overview

Matador Resources logo
Matador Resources Co. is a holding company, which engages in the exploration, development, production, and acquisition of oil and natural gas resources. It operates through the following segments: Exploration and Production, Midstream, and Corporate. The Exploration and Production segment focuses on the exploration, development, production, and acquisition of oil and liquids-rich portion of the Wolfcamp and Bone Spring. The Midstream segment conducts natural gas processing, oil transportation services, oil, natural gas and produced water gathering services, and produced water disposal services to third parties. The company was founded by Joseph William Foran and Scott E. King in July 2003 and is headquartered in Dallas, TX.
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Today's Range

Now: $48.21
Low: $47.52
High: $48.22

50 Day Range

MA: $56.26
Low: $43.45
High: $68.74

2 Week Range

Now: $48.21
Low: $41.17
High: $73.78


355,654 shs

Average Volume

1,334,448 shs

Market Capitalization

$5.74 billion

P/E Ratio


Dividend Yield