Matador Resources (NYSE:MTDR) Posts Earnings Results, Beats Expectations By $0.25 EPS

Matador Resources (NYSE:MTDR) posted its quarterly earnings data on Tuesday. The energy company reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.25, Zacks reports. The firm had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%.

Matador Resources Trading Down 2.4%

Shares of NYSE MTDR traded down $1.33 on Tuesday, reaching $54.43. 2,637,196 shares of the company traded hands, compared to its average volume of 1,840,956. Matador Resources has a fifty-two week low of $37.14 and a fifty-two week high of $66.84. The company has a current ratio of 0.65, a quick ratio of 0.62 and a debt-to-equity ratio of 0.67. The company has a 50 day moving average of $56.61 and a 200 day moving average of $54.35. The stock has a market capitalization of $6.74 billion, a PE ratio of 9.34 and a beta of 0.93.

Matador Resources Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Tuesday, November 10th will be issued a $0.4375 dividend. This is a positive change from Matador Resources’s previous quarterly dividend of $0.3750. The ex-dividend date is Tuesday, November 10th. This represents a $1.75 annualized dividend and a yield of 3.2%. Matador Resources’s dividend payout ratio (DPR) is presently 30.02%.

Key Stories Impacting Matador Resources

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

• Positive Sentiment: Matador’s 51%-owned San Mateo Midstream joint venture signed a new long-term, fixed-fee natural gas gathering and processing agreement with a large Northern Delaware Basin producer, alongside a second agreement and infrastructure expansion. The fixed-fee arrangement may support more predictable midstream revenue and the expansion could help accommodate additional activity. Article: Matador announces San Mateo expansion and agreements
• Positive Sentiment: Zacks reported that the average Wall Street price target implies about 26.8% upside for MTDR, and noted a positive trend in earnings estimate revisions. Price targets are estimates, not a guarantee of future performance. Article: Wall Street analyst price targets for Matador
• Neutral Sentiment: Riverwater Partners’ Q3 2026 investor letter disclosed that its Sustainable Value Strategy initiated a position in Matador. The supplied article excerpt does not give the firm’s specific investment rationale; the strategy overall underperformed its benchmark during the quarter. Article: Riverwater Partners’ Matador position
• Neutral Sentiment: A separate article previews Matador’s earnings and what investors may watch, but the provided information gives no specific forecasts or results to assess. Article: Matador earnings preview

Wall Street Analysts Forecast Growth

MTDR has been the topic of a number of recent research reports. Citigroup cut their target price on shares of Matador Resources from $68.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, August 11th. Weiss Ratings raised Matador Resources from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. KeyCorp boosted their target price on Matador Resources from $68.00 to $73.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 15th. Wall Street Zen downgraded shares of Matador Resources from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 17th. Finally, Morgan Stanley boosted their price target 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. Twelve investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Matador Resources presently has a consensus rating of “Moderate Buy” and an average target price of $68.43.

Insider Activity at Matador Resources

In related news, CFO Christopher P. Calvert acquired 2,500 shares of the business’s stock in a transaction on Thursday, August 27th. The shares were bought at an average cost of $56.64 per share, with a total value of $141,600.00. Following the completion of the transaction, the chief financial officer directly owned 44,000 shares of the company’s stock, valued at $2,492,160. This trade represents a 6.02% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Joseph Foran bought 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The shares were bought at an average price of $52.16 per share, for a total transaction of $521,600.00. Following the completion of the acquisition, the chief executive officer owned 25,617 shares in the company, valued at approximately $1,336,182.72. This trade represents a 64.03% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have bought 23,144 shares of company stock worth $1,211,793. 5.90% of the stock is owned by insiders.

Matador Resources Company 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.