Matador Resources Company (NYSE:MTDR – Get Free Report) Director Shelley Appel acquired 1,075 shares of the company’s stock in a transaction that occurred on Monday, November 9th. The stock was acquired at an average price of $49.96 per share, with a total value of $53,707.00. Following the acquisition, the director directly owned 3,950 shares of the company’s stock, valued at approximately $197,342. This represents a 37.39% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.
Matador Resources Stock Performance
NYSE:MTDR opened at $49.98 on Tuesday. Matador Resources Company has a 52 week low of $38.80 and a 52 week high of $66.84. The company has a fifty day simple moving average of $56.08 and a two-hundred day simple moving average of $54.54. The company has a quick ratio of 0.62, a current ratio of 0.55 and a debt-to-equity ratio of 0.67. The company has a market cap of $6.18 billion, a price-to-earnings ratio of 8.62 and a beta of 0.93.
Matador Resources (NYSE:MTDR – Get Free Report) last announced its quarterly earnings data 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 business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.12 billion. Matador Resources had a return on equity of 14.32% and a net margin of 18.60%. The company’s revenue for the quarter was up 33.9% compared to the same quarter last year. During the same period last year, the firm earned $1.36 earnings per share. As a group, equities analysts anticipate that Matador Resources Company will post 8.34 earnings per share for the current fiscal year.
Matador Resources Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Tuesday, November 10th will be issued a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Tuesday, November 10th. This is a positive change from Matador Resources’s previous quarterly dividend of $0.3750. Matador Resources’s dividend payout ratio (DPR) is 25.86%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of MTDR. Intech Investment Management LLC grew its position in Matador Resources by 156.6% in the 3rd quarter. Intech Investment Management LLC now owns 73,702 shares of the energy company’s stock valued at $3,802,000 after buying an additional 44,980 shares during the last quarter. Hantz Financial Services Inc. raised its position in Matador Resources by 27.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 9,974 shares of the energy company’s stock worth $514,000 after buying an additional 2,165 shares during the last quarter. Royce & Associates LP raised its position in Matador Resources by 0.4% during the 3rd quarter. Royce & Associates LP now owns 374,831 shares of the energy company’s stock worth $19,334,000 after buying an additional 1,337 shares during the last quarter. Diversified Trust Co raised its position in Matador Resources by 1.8% during the 3rd quarter. Diversified Trust Co now owns 24,436 shares of the energy company’s stock worth $1,260,000 after buying an additional 434 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in shares of Matador Resources by 27.6% in the 3rd quarter. Allworth Financial LP now owns 1,621 shares of the energy company’s stock worth $81,000 after acquiring an additional 351 shares during the period. 91.98% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities analysts recently commented on MTDR shares. Truist Financial increased their target price on Matador Resources from $65.00 to $66.00 and gave the company a “buy” rating in a report on Thursday, November 5th. Wall Street Zen raised Matador Resources from a “buy” rating to a “strong-buy” rating in a report on Saturday. Seaport Research Partners initiated coverage on Matador Resources in a research report on Thursday, September 3rd. They set a “neutral” rating for the company. Citigroup dropped their price objective on Matador Resources from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Finally, Stephens raised their target price on Matador Resources from $92.00 to $93.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. Eleven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Matador Resources presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.50.
Get Our Latest Research Report on Matador Resources
Matador Resources News Summary
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
About Matador Resources
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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