Matador Resources Company (NYSE:MTDR – Get Free Report) CEO Joseph Wm Foran bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The stock was bought at an average cost of $52.16 per share, for a total transaction of $521,600.00. Following the completion of the transaction, the chief executive officer directly owned 25,617 shares of the company’s stock, valued at approximately $1,336,182.72. The trade was a 64.03% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Joseph Wm Foran also recently made the following trade(s):
- On Thursday, August 13th, Joseph Wm Foran purchased 5,000 shares of Matador Resources stock. The shares were bought at an average cost of $51.44 per share, for a total transaction of $257,200.00.
- On Tuesday, August 11th, Joseph Wm Foran bought 709 shares of Matador Resources stock. The stock was purchased at an average cost of $51.68 per share, for a total transaction of $36,641.12.
- On Monday, August 10th, Joseph Wm Foran bought 3,130 shares of Matador Resources stock. The stock was purchased at an average price of $51.04 per share, for a total transaction 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 price 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 cost 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 acquired at an average price 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 shares were acquired at an average cost of $52.36 per share, for a total transaction of $244,783.00.
Matador Resources Price Performance
Matador Resources stock opened at $53.61 on Friday. The firm has a fifty day moving average of $51.13 and a 200-day moving average of $53.96. Matador Resources Company has a 52-week low of $37.14 and a 52-week high of $66.84. The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 0.67. 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 company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th will be paid a dividend of $0.375 per share. The ex-dividend date is Monday, August 10th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.8%. Matador Resources’s dividend payout ratio (DPR) is currently 25.73%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the business. Jones Financial Companies Lllp grew its holdings in shares of Matador Resources by 1,104.8% during the first quarter. Jones Financial Companies Lllp now owns 2,012 shares of the energy company’s stock valued at $103,000 after purchasing an additional 1,845 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Matador Resources by 361.3% during the first quarter. Geneos Wealth Management Inc. now owns 881 shares of the energy company’s stock valued at $45,000 after acquiring an additional 690 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Matador Resources during the second quarter valued at $255,000. Arrowstreet Capital Limited Partnership acquired a new position in Matador Resources during the 2nd quarter valued at about $5,126,000. Finally, EverSource Wealth Advisors LLC grew its position in Matador Resources by 767.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,261 shares of the energy company’s stock worth $156,000 after purchasing an additional 2,885 shares during the last quarter. 91.98% of the stock is 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
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the company. Mizuho raised Matador Resources to a “strong-buy” rating in a research report on Friday, July 31st. Stephens increased their price target on Matador Resources from $92.00 to $93.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. Roth Capital upgraded Matador Resources from a “neutral” rating to a “buy” rating and set a $65.00 price objective for the company in a research note on Monday, June 22nd. KeyCorp dropped their price objective on Matador Resources from $73.00 to $68.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, Truist Financial reduced their price objective on shares of Matador Resources from $63.00 to $59.00 and set a “buy” rating on the stock in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $66.07.
Get Our Latest Analysis on MTDR
Matador Resources Company Profile
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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