Matador Resources (NYSE:MTDR) CEO Acquires $21,456.00 in Stock

Matador Resources Company (NYSE:MTDRGet Free Report) CEO Joseph Wm Foran acquired 400 shares of the stock in a transaction on Monday, August 17th. The stock was purchased at an average cost of $53.64 per share, with a total value of $21,456.00. Following the transaction, the chief executive officer directly owned 31,017 shares of the company’s stock, valued at $1,663,751.88. This represents a 1.31% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Thursday, August 13th, Joseph Wm Foran bought 5,000 shares of Matador Resources stock. The shares were purchased at an average cost of $51.44 per share, for a total transaction of $257,200.00.
  • On Wednesday, August 12th, Joseph Wm Foran bought 10,000 shares of Matador Resources stock. The shares were purchased 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 stock was purchased at an average price of $51.68 per share, with a total value of $36,641.12.
  • On Monday, August 10th, Joseph Wm Foran purchased 3,130 shares of Matador Resources stock. The shares were purchased at an average cost of $51.04 per share, with a total value of $159,755.20.
  • On Tuesday, June 9th, Joseph Wm Foran purchased 2,000 shares of Matador Resources stock. The shares were purchased at an average cost of $53.07 per share, for a total transaction of $106,140.00.
  • On Thursday, June 4th, Joseph Wm Foran purchased 2,000 shares of Matador Resources stock. The shares were purchased at an average cost of $56.25 per share, for a total transaction of $112,500.00.
  • On Friday, May 29th, Joseph Wm Foran acquired 482 shares of Matador Resources stock. The stock was purchased at an average price of $52.70 per share, for a total transaction of $25,401.40.
  • On Wednesday, May 27th, Joseph Wm Foran acquired 4,675 shares of Matador Resources stock. The stock was purchased at an average cost of $52.36 per share, with a total value of $244,783.00.

Matador Resources Stock Performance

NYSE:MTDR opened at $58.51 on Friday. The firm has a 50-day moving average of $51.46 and a two-hundred day moving average of $54.43. 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 stock has a market cap of $7.24 billion, a P/E ratio of 10.04 and a beta of 0.76. Matador Resources Company has a 1-year low of $37.14 and a 1-year high of $66.84.

Matador Resources (NYSE:MTDRGet Free Report) last announced its earnings results on Wednesday, August 5th. The energy company reported $2.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.53. Matador Resources had a return on equity of 13.18% and a net margin of 19.85%.The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the company earned $1.53 earnings per share. The company’s revenue for the quarter was up 32.5% compared to the same quarter last year. On average, research analysts expect that Matador Resources Company will post 7.26 earnings per share for the current fiscal year.

Matador Resources Announces Dividend

The firm 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 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Monday, August 10th. Matador Resources’s dividend payout ratio (DPR) is 25.73%.

Matador Resources News Roundup

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

  • Positive Sentiment: CEO Joseph Wm. Foran purchased another 400 shares at an average price of $53.64, increasing his stake by 1.31%. The purchase follows several additional buys earlier in August, signaling management confidence in Matador’s valuation and outlook. Matador Resources CEO Purchases 400 Shares of Stock
  • Positive Sentiment: Matador’s latest quarterly results were stronger than expected: earnings per share came in at $2.61 versus the $2.08 consensus estimate, while revenue reached $1.17 billion, up 32.5% year over year and above the $1.06 billion forecast. The company also declared a quarterly dividend of $0.375, equivalent to a $1.50 annual payout and an approximately 2.6% yield.
  • Neutral Sentiment: Analyst sentiment remains broadly constructive but not decisive. Matador has a consensus “Moderate Buy” rating and an average price target of $66.07, while individual views range from Stephens’ $93 overweight target to Morgan Stanley’s $66 equal-weight target and Truist’s $59 buy target.
  • Negative Sentiment: Zacks Research lowered estimates for Q3 2026 EPS to $0.99 from $1.44, Q4 2026 EPS to $1.26 from $1.41, FY2027 EPS to $6.87 from $7.33, and FY2028 EPS to $7.32 from $7.45. It also reduced Q2 and Q3 2027 forecasts, although it raised its Q4 2027 and Q1 2028 estimates modestly. The revisions suggest continuing uncertainty around Matador’s future earnings, likely related to commodity prices and operating conditions in the Permian Basin.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Wells Fargo & Company increased their target price on Matador Resources from $63.00 to $79.00 and gave the company an “equal weight” rating in a research note on Thursday, August 13th. Roth Capital upgraded shares of Matador Resources from a “neutral” rating to a “buy” rating and set a $65.00 price target for the company in a research note on Monday, June 22nd. UBS Group upped their price target on shares of Matador Resources from $54.00 to $56.00 and gave the company a “neutral” rating in a report on Monday, August 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Matador Resources in a research note on Friday, August 7th. Finally, Stephens raised their price objective on shares of Matador Resources from $92.00 to $93.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $66.07.

View Our Latest Stock Report on MTDR

Institutional Investors Weigh In On Matador Resources

Institutional investors have recently modified their holdings of the business. AXQ Capital LP bought a new position in Matador Resources in the second quarter worth about $631,000. Susquehanna Fundamental Investments LLC acquired a new position in Matador Resources in the second quarter valued at approximately $201,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Matador Resources by 26.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 23,307 shares of the energy company’s stock valued at $1,160,000 after purchasing an additional 4,805 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Matador Resources by 1.9% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 190,361 shares of the energy company’s stock valued at $9,476,000 after purchasing an additional 3,473 shares during the last quarter. Finally, Hsbc Holdings PLC raised its position in shares of Matador Resources by 935.4% during the 2nd quarter. Hsbc Holdings PLC now owns 56,096 shares of the energy company’s stock worth $2,824,000 after purchasing an additional 50,678 shares during the period. Institutional investors own 91.98% of the company’s stock.

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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