Matador Resources (NYSE:MTDR) CEO Joseph Wm Foran Buys 2,000 Shares of Stock

Matador Resources Company (NYSE:MTDR) CEO Joseph Wm Foran acquired 2,000 shares of the stock in a transaction on Tuesday, June 9th. The stock was bought at an average price of $53.07 per share, with a total value of $106,140.00. Following the transaction, the chief executive officer directly owned 11,479 shares in the company, valued at approximately $609,190.53. This represents a 21.10% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Thursday, June 4th, Joseph Wm Foran acquired 2,000 shares of Matador Resources stock. The stock was bought at an average price of $56.25 per share, with a total value of $112,500.00.
• On Friday, May 29th, Joseph Wm Foran acquired 482 shares of Matador Resources stock. The stock was 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 acquired 4,675 shares of Matador Resources stock. The stock was bought at an average price of $52.36 per share, with a total value of $244,783.00.

Matador Resources Trading Down 2.4%

MTDR opened at $53.60 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.70 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $6.66 billion, a PE ratio of 13.78 and a beta of 0.74. Matador Resources Company has a 1-year low of $37.14 and a 1-year high of $66.84. The firm has a 50-day moving average price of $58.21 and a two-hundred day moving average price of $51.39.

Matador Resources (NYSE:MTDR) last posted its quarterly earnings data on Wednesday, May 6th. The energy company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.29. The firm had revenue of $941.60 million during the quarter, compared to analysts’ expectations of $871.57 million. Matador Resources had a net margin of 14.41% and a return on equity of 11.20%. The company’s quarterly revenue was down 33.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.99 EPS. As a group, equities analysts anticipate that Matador Resources Company will post 7.5 earnings per share for the current fiscal year.

Matador Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 8th were paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, May 8th. Matador Resources’s dividend payout ratio (DPR) is 38.56%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of MTDR. Jones Financial Companies Lllp boosted its stake in Matador Resources by 1,104.8% during the 1st quarter. Jones Financial Companies Lllp now owns 2,012 shares of the energy company’s stock worth $103,000 after acquiring an additional 1,845 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Matador Resources by 361.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 881 shares of the energy company’s stock worth $45,000 after acquiring an additional 690 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Matador Resources during the 2nd quarter worth approximately $255,000. Arrowstreet Capital Limited Partnership bought a new position in Matador Resources during the 2nd quarter worth approximately $5,126,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Matador Resources by 767.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,261 shares of the energy company’s stock worth $156,000 after acquiring an additional 2,885 shares during the last quarter. Institutional investors own 91.98% of the company’s stock.

Analysts Set New Price Targets

MTDR has been the topic of several recent research reports. TD Cowen raised their target price on shares of Matador Resources from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, March 17th. Wells Fargo & Company raised their target price on shares of Matador Resources from $54.00 to $63.00 and gave the company an “equal weight” rating in a research note on Thursday, April 16th. Weiss Ratings lowered shares of Matador Resources from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 12th. Citigroup reduced their target price on shares of Matador Resources from $77.00 to $72.00 and set a “buy” rating on the stock in a research note on Tuesday, May 26th. Finally, KeyCorp raised their target price on shares of Matador Resources from $61.00 to $73.00 and gave the company an “overweight” rating in a research note on Thursday, April 2nd. Ten equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $65.08.

Key Stories Impacting Matador Resources

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

• Positive Sentiment: CEO Joseph Wm Foran bought 2,000 shares, and COO Glenn W. Stetson bought 500 shares, signaling management confidence in Matador Resources’ outlook. Insider trade filing for Joseph Wm Foran Insider trade filing for Glenn W. Stetson
• Positive Sentiment: Zacks Research raised near-term and fiscal 2026 earnings estimates for MTDR, which suggests analysts see slightly stronger profitability ahead.
• Neutral Sentiment: Matador Resources held a shareholder/analyst call, but the provided transcript headline does not specify any major new guidance, deal, or operational update. Matador Resources Company (MTDR) Shareholder/Analyst Call Prepared Remarks Transcript
• Negative Sentiment: Despite the supportive news, MTDR has been trading below its recent levels, with investors still weighing the company’s slower year-over-year revenue trend from the latest quarter.

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.