Conestoga Capital Advisors LLC Acquires 34,286 Shares of Matador Resources Company $MTDR

Conestoga Capital Advisors LLC boosted its holdings in shares of Matador Resources Company (NYSE:MTDR) by 6.8% in the third quarter, HoldingsChannel reports. The fund owned 538,276 shares of the energy company’s stock after acquiring an additional 34,286 shares during the period. Conestoga Capital Advisors LLC’s holdings in Matador Resources were worth $27,764,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allworth Financial LP boosted its position in shares of Matador Resources by 16.1% in the 2nd quarter. Allworth Financial LP now owns 1,270 shares of the energy company’s stock worth $63,000 after purchasing an additional 176 shares in the last quarter. Oregon Public Employees Retirement Fund grew its stake in shares of Matador Resources by 0.8% in the third quarter. Oregon Public Employees Retirement Fund now owns 24,338 shares of the energy company’s stock worth $1,255,000 after acquiring an additional 200 shares during the last quarter. Altshuler Shaham Ltd grew its stake in shares of Matador Resources by 36.7% in the first quarter. Altshuler Shaham Ltd now owns 748 shares of the energy company’s stock worth $47,000 after acquiring an additional 201 shares during the last quarter. Smith Group Asset Management LLC grew its stake in shares of Matador Resources by 1.6% in the third quarter. Smith Group Asset Management LLC now owns 12,941 shares of the energy company’s stock worth $667,000 after acquiring an additional 208 shares during the last quarter. Finally, Crossmark Global Holdings Inc. increased its holdings in shares of Matador Resources by 2.6% during the third quarter. Crossmark Global Holdings Inc. now owns 8,536 shares of the energy company’s stock valued at $440,000 after acquiring an additional 214 shares in the last quarter. Institutional investors own 91.98% of the company’s stock.

Key Stories Impacting Matador Resources

Here are the key news stories impacting Matador Resources this week:

• Positive Sentiment: Matador reported third-quarter earnings of $2.08 per share, above the $1.83 analyst consensus, while revenue of $1.39 billion also exceeded expectations. Revenue rose 33.9% year over year, and the company notched its sixth consecutive earnings beat. Matador Resources Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: The company raised its dividend by 17%, supporting shareholder returns and signaling confidence in its financial position. Matador Resources Q3 2026: Six Straight Beats, Dividend Up 17%
• Positive Sentiment: Matador’s San Mateo joint venture expanded Delaware Basin infrastructure and secured new long-term gas agreements, which may support the handling and sale of production. San Mateo Infrastructure Expansion and Long-Term Agreements
• Negative Sentiment: Despite production growth and the earnings beat, market coverage highlighted margin compression as a concern, suggesting investors questioned the profitability of that growth. That pressure appears to have outweighed the quarter’s headline results. MTDR Q3 2026 Deep Dive

Insider Buying and Selling at Matador Resources

In other Matador Resources news, EVP William Elsener acquired 850 shares of the stock in a transaction dated Monday, August 10th. The shares were purchased at an average price of $50.94 per share, for a total transaction of $43,299.00. Following the purchase, the executive vice president directly owned 114,879 shares of the company’s stock, valued at approximately $5,851,936.26. This trade represents a 0.75% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Joseph Foran acquired 555 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was acquired at an average cost of $54.49 per share, for a total transaction of $30,241.95. Following the acquisition, the chief executive officer owned 4,772 shares of the company’s stock, valued at $260,026.28. The trade was a 13.16% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 23,144 shares of company stock worth $1,211,793. Insiders own 5.90% of the company’s stock.

Matador Resources Trading Down 7.3%

Matador Resources stock opened at $50.36 on Thursday. Matador Resources Company has a one year low of $37.14 and a one year high of $66.84. The business’s fifty day moving average is $56.44 and its 200 day moving average is $54.44. The stock has a market capitalization of $6.23 billion, a PE ratio of 8.68 and a beta of 0.93. 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 Resources (NYSE:MTDR) last issued its earnings results on Tuesday, November 3rd. The energy company reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.85 by $0.23. The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.12 billion. Matador Resources had a return on equity of 14.53% and a net margin of 18.60%. Matador Resources’s revenue was up 33.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.36 EPS. On average, sell-side analysts predict that Matador Resources Company will post 8.09 EPS for the current year.

Matador Resources Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Tuesday, November 10th will be issued a $0.4375 dividend. This is an increase from Matador Resources’s previous quarterly dividend of $0.3750. This represents a $1.75 annualized dividend and a yield of 3.5%. The ex-dividend date is Tuesday, November 10th. Matador Resources’s dividend payout ratio is 25.73%.

Wall Street Analysts Forecast Growth

MTDR has been the subject of several recent analyst reports. Wells Fargo & Company lowered their price target on Matador Resources from $77.00 to $76.00 and set an “overweight” rating for the company in a research report on Wednesday, October 14th. Morgan Stanley increased their price objective on shares of Matador Resources from $66.00 to $69.00 and gave the company an “equal weight” rating in a research report on Thursday, October 15th. Stifel Nicolaus assumed coverage on shares of Matador Resources in a research note on Thursday, September 10th. They set a “buy” rating and a $66.00 price objective for the company. Mizuho decreased their target price on shares of Matador Resources from $77.00 to $71.00 and set an “outperform” rating for the company in a report on Monday, October 19th. Finally, Truist Financial lifted their target price on shares of Matador Resources from $59.00 to $65.00 and gave the stock a “buy” rating in a report on Wednesday, October 14th. Twelve analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Matador Resources currently has an average rating of “Moderate Buy” and a consensus target price of $68.43.

Matador Resources Profile

Matador Resources Company (NYSE: MTDR) is an independent energy company engaged in the exploration, development, production and acquisition of oil, natural gas and natural gas liquids. The company focuses primarily on unconventional, or shale, resource plays and operates across both upstream exploration and production and related midstream activities.

Matador’s principal exploration and production operations are located in the Delaware Basin in southeastern New Mexico and West Texas. Its midstream operations, conducted primarily through San Mateo Midstream, provide natural gas gathering and processing, crude oil and produced-water gathering, and water sourcing and disposal services that support the company’s operations and other producers in the region.

Founded in 2003 and headquartered in Dallas, Texas, Matador has historically expanded through development and acquisitions in U.S.