Joseph Wm Foran Acquires 5,000 Shares of Matador Resources (NYSE:MTDR) Stock

Matador Resources Company (NYSE:MTDRGet Free Report) CEO Joseph Wm Foran bought 5,000 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was acquired at an average cost of $51.44 per share, for a total transaction of $257,200.00. Following the purchase, the chief executive officer owned 30,617 shares of the company’s stock, valued at $1,574,938.48. This trade represents a 19.52% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Joseph Wm Foran also recently made the following trade(s):

  • On Wednesday, August 12th, Joseph Wm Foran purchased 10,000 shares of Matador Resources stock. The shares were acquired at an average price of $52.16 per share, with a total value of $521,600.00.
  • On Tuesday, August 11th, Joseph Wm Foran purchased 709 shares of Matador Resources stock. The shares were acquired at an average price of $51.68 per share, with a total value of $36,641.12.
  • On Monday, August 10th, Joseph Wm Foran acquired 3,130 shares of Matador Resources stock. The shares were bought at an average cost of $51.04 per share, for a total transaction of $159,755.20.
  • On Tuesday, June 9th, Joseph Wm Foran acquired 2,000 shares of Matador Resources stock. The stock was bought at an average price of $53.07 per share, for a total transaction of $106,140.00.
  • On Thursday, June 4th, Joseph Wm Foran bought 2,000 shares of Matador Resources stock. The stock was bought at an average cost of $56.25 per share, with a total value of $112,500.00.
  • On Friday, May 29th, Joseph Wm Foran bought 482 shares of Matador Resources stock. The shares were bought at an average price of $52.70 per share, with a total value of $25,401.40.
  • On Wednesday, May 27th, Joseph Wm Foran bought 4,675 shares of Matador Resources stock. The shares were bought at an average price of $52.36 per share, with a total value of $244,783.00.

Matador Resources Price Performance

Shares of MTDR stock opened at $53.61 on Friday. The stock’s fifty day simple moving average is $51.13 and its 200 day simple moving average is $53.96. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.65 and a quick ratio of 0.62. The firm has a market cap of $6.63 billion, a price-to-earnings ratio of 9.20 and a beta of 0.76. Matador Resources Company has a one year low of $37.14 and a one year high of $66.84.

Matador Resources (NYSE:MTDRGet Free Report) last released its quarterly earnings data on Wednesday, August 5th. The energy company reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.53. Matador Resources had a return on equity of 13.18% and a net margin of 19.85%.The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the company posted $1.53 earnings per share. The business’s revenue for the quarter was up 32.5% compared to the same quarter last year. On average, analysts expect that Matador Resources Company will post 7.11 earnings per share for the current fiscal year.

Matador Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 10th will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Monday, August 10th. Matador Resources’s dividend payout ratio is currently 25.73%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in MTDR. Altshuler Shaham Ltd lifted its stake 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. grew its stake in shares of Matador Resources by 0.8% during the first 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 during the period. Fiduciary Trust Co grew its stake in shares of Matador Resources by 2.2% during the third quarter. Fiduciary Trust Co now owns 11,821 shares of the energy company’s stock worth $531,000 after purchasing an additional 253 shares during the period. O Shaughnessy Asset Management LLC increased its holdings in Matador Resources by 2.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 9,138 shares of the energy company’s stock valued at $388,000 after purchasing an additional 254 shares during the last quarter. Finally, Verdence Capital Advisors LLC increased its holdings 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 purchasing an additional 278 shares during the last quarter. 91.98% of the stock is currently owned by institutional investors and hedge funds.

Matador Resources News Roundup

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

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on MTDR. KeyCorp decreased their target price on Matador Resources from $73.00 to $68.00 and set an “overweight” rating on the stock in a report on Thursday. Mizuho raised Matador Resources to a “strong-buy” rating in a report on Friday, July 31st. Morgan Stanley reduced their price target on shares of Matador Resources from $75.00 to $66.00 and set an “equal weight” rating on the stock in a research report on Monday, June 29th. Wells Fargo & Company increased their price objective on shares of Matador Resources from $63.00 to $79.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, Stephens raised their price objective on shares of Matador Resources from $92.00 to $93.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $66.07.

Get Our Latest Analysis on Matador Resources

About Matador Resources

(Get Free Report)

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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Insider Buying and Selling by Quarter for Matador Resources (NYSE:MTDR)

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