Matador Resources Company (NYSE:MTDR – Get Free Report) CEO Joseph Wm Foran purchased 3,130 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average cost of $51.04 per share, with a total value of $159,755.20. Following the completion of the purchase, the chief executive officer owned 14,908 shares of the company’s stock, valued at $760,904.32. The trade was a 26.57% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.
Joseph Wm Foran also recently made the following trade(s):
- On Thursday, August 13th, Joseph Wm Foran acquired 5,000 shares of Matador Resources stock. The stock was acquired at an average price of $51.44 per share, for a total transaction of $257,200.00.
- On Wednesday, August 12th, Joseph Wm Foran acquired 10,000 shares of Matador Resources stock. The stock was acquired at an average cost of $52.16 per share, for a total transaction of $521,600.00.
- On Tuesday, August 11th, Joseph Wm Foran bought 709 shares of Matador Resources stock. The shares were acquired at an average cost of $51.68 per share, with a total value of $36,641.12.
- On Tuesday, June 9th, Joseph Wm Foran bought 2,000 shares of Matador Resources stock. The shares were acquired at an average cost of $53.07 per share, with a total value of $106,140.00.
- On Thursday, June 4th, Joseph Wm Foran bought 2,000 shares of Matador Resources stock. The shares were acquired at an average price of $56.25 per share, with a total value of $112,500.00.
- On Friday, May 29th, Joseph Wm Foran purchased 482 shares of Matador Resources stock. The stock was bought at an average cost of $52.70 per share, for a total transaction of $25,401.40.
- On Wednesday, May 27th, Joseph Wm Foran purchased 4,675 shares of Matador Resources stock. The stock was bought at an average cost of $52.36 per share, for a total transaction of $244,783.00.
Matador Resources Stock Up 3.9%
NYSE:MTDR opened at $53.61 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 0.67. Matador Resources Company has a 12-month low of $37.14 and a 12-month high of $66.84. The stock’s fifty day simple moving average is $51.13 and its 200-day simple moving average is $53.96. The firm has a market capitalization of $6.63 billion, a P/E ratio of 9.20 and a beta of 0.76.
Matador Resources Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Monday, August 10th. Matador Resources’s payout ratio is presently 25.73%.
Key Stories Impacting Matador Resources
Here are the key news stories impacting Matador Resources this week:
- Positive Sentiment: CEO Joseph Wm. Foran purchased 10,000 shares for approximately $521,600 on August 12 and another 5,000 shares for $257,200 on August 13. These purchases followed additional recent buying, bringing his direct ownership to 30,617 shares. EVP William Thomas Elsener also bought 850 shares. The concentrated insider activity may signal that management views MTDR as undervalued. SEC insider transaction filing
- Positive Sentiment: Wells Fargo raised its price target from $63 to $79, implying significant potential upside, even while maintaining an “equal weight” rating. Siebert Williams Shank also reiterated a “buy” rating, supporting the view that analysts see additional value in the shares. Wells Fargo price target update Siebert Williams Shank rating
- Positive Sentiment: Matador’s second-quarter earnings exceeded expectations, with earnings per share of $2.61 versus the $2.08 consensus and revenue of $1.17 billion versus $1.06 billion expected. Revenue rose 32.5% year over year, reinforcing the company’s operating momentum. Matador Resources earnings information
- Positive Sentiment: Recent analysis highlights Matador’s midstream infrastructure and connectivity in the Delaware Basin, which may improve access to markets, increase acreage value and support the economics of future drilling. Delaware Basin midstream analysis
- Neutral Sentiment: Analysts give MTDR a consensus “Moderate Buy” rating, but recent target changes are mixed. KeyCorp lowered its target from $73 to $68 while retaining an “overweight” rating, suggesting continued confidence tempered by near-term uncertainty. Matador Resources analyst consensus KeyCorp price target update
- Negative Sentiment: Investors continue to monitor 2026 headwinds, including commodity-price conditions, production expectations and spending plans. These factors could limit the near-term benefit of the earnings beat and create volatility for the energy producer. Matador Resources earnings call analysis
Institutional Investors Weigh In On Matador Resources
Hedge funds have recently modified their holdings of the business. Altshuler Shaham Ltd grew its position in shares of Matador Resources by 36.7% in the 1st quarter. Altshuler Shaham Ltd now owns 748 shares of the energy company’s stock valued at $47,000 after purchasing an additional 201 shares during the period. Burford Brothers Inc. increased its stake in Matador Resources by 0.8% during the 1st quarter. Burford Brothers Inc. now owns 26,798 shares of the energy company’s stock worth $1,693,000 after purchasing an additional 225 shares in the last quarter. Fiduciary Trust Co raised its holdings in Matador Resources by 2.2% during the 3rd quarter. Fiduciary Trust Co now owns 11,821 shares of the energy company’s stock worth $531,000 after buying an additional 253 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in Matador Resources by 2.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 9,138 shares of the energy company’s stock worth $388,000 after buying an additional 254 shares during the period. Finally, Verdence Capital Advisors LLC lifted its stake in Matador Resources by 3.5% in the fourth quarter. Verdence Capital Advisors LLC now owns 8,233 shares of the energy company’s stock valued at $349,000 after buying an additional 278 shares in the last quarter. Institutional investors and hedge funds own 91.98% of the company’s stock.
Analyst Ratings Changes
A number of brokerages recently weighed in on MTDR. Wells Fargo & Company increased their price target on shares of Matador Resources from $63.00 to $79.00 and gave the company an “equal weight” rating in a research report on Thursday. KeyCorp decreased their price objective on shares of Matador Resources from $73.00 to $68.00 and set an “overweight” rating for the company in a report on Thursday. UBS Group upped their target price on shares of Matador Resources from $54.00 to $56.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Zacks Research lowered shares of Matador Resources from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Matador Resources in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Matador Resources presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.07.
View Our Latest Stock Analysis on MTDR
About Matador Resources
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.
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