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

Matador Resources Company (NYSE:MTDR) CEO Joseph Wm Foran purchased 2,000 shares of Matador Resources stock in a transaction on Thursday, June 4th. The shares were purchased at an average cost of $56.25 per share, with a total value of $112,500.00. Following the transaction, the chief executive officer owned 9,479 shares in the company, valued at approximately $533,193.75. The trade was a 26.74% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Friday, May 29th, Joseph Wm Foran purchased 482 shares of Matador Resources stock. The shares were purchased at an average cost of $52.70 per share, with a total value of $25,401.40.
• On Wednesday, May 27th, Joseph Wm Foran purchased 4,675 shares of Matador Resources stock. The shares were purchased at an average cost of $52.36 per share, with a total value of $244,783.00.

Matador Resources Trading Down 3.0%

NYSE:MTDR opened at $53.64 on Wednesday. Matador Resources Company has a twelve month low of $37.14 and a twelve month high of $66.84. The company has a quick ratio of 0.70, a current ratio of 0.73 and a debt-to-equity ratio of 0.59. The business has a 50 day moving average price of $58.60 and a two-hundred day moving average price of $51.20. The company has a market cap of $6.66 billion, a P/E ratio of 13.79 and a beta of 0.74.

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

Matador Resources Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 8th were given a dividend of $0.375 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.50 dividend on an annualized basis and a yield of 2.8%. Matador Resources’s dividend payout ratio is 38.56%.

Institutional Investors Weigh In On Matador Resources

Several hedge funds have recently added to or reduced their stakes in MTDR. Jones Financial Companies Lllp lifted its holdings 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 valued at $103,000 after purchasing an additional 1,845 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in Matador Resources by 361.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 881 shares of the energy company’s stock valued at $45,000 after purchasing an additional 690 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Matador Resources during the 2nd quarter valued at $255,000. Arrowstreet Capital Limited Partnership acquired a new stake in Matador Resources during the 2nd quarter valued at $5,126,000. Finally, EverSource Wealth Advisors LLC lifted its holdings 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 valued at $156,000 after purchasing an additional 2,885 shares during the last quarter. Institutional investors and hedge funds own 91.98% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on MTDR. Citigroup cut their price objective on Matador Resources from $77.00 to $72.00 and set a “buy” rating for the company in a report on Tuesday, May 26th. TD Cowen increased their price objective on Matador Resources from $60.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, March 17th. KeyCorp increased their price objective on Matador Resources from $61.00 to $73.00 and gave the company an “overweight” rating in a report on Thursday, April 2nd. UBS Group increased their price objective on Matador Resources from $50.00 to $52.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. Finally, Wells Fargo & Company increased their price objective on Matador Resources from $54.00 to $63.00 and gave the company an “equal weight” rating in a report on Thursday, April 16th. Ten analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Matador Resources currently has a consensus rating of “Moderate Buy” and an average target price 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 of Matador Resources at $56.25, a $112,500 purchase that increased his stake by 26.74%, which can signal management confidence in the company’s outlook. Insider Buying: Matador Resources (NYSE:MTDR) CEO Buys $112,500.00 in Stock
• Positive Sentiment: Zacks Research raised earnings estimates for multiple future periods, including Q3 2027, Q4 2027, FY2027 and FY2028, suggesting stronger longer-term profitability expectations for Matador Resources. Matador Resources stock page
• Positive Sentiment: Matador’s new natural gas marketing agreements with Energy Transfer are aimed at improving pricing, boosting cash flow, and reducing exposure to weak Waha Hub pricing, which could help sentiment on the stock. Matador Enhances Natural Gas Marketing Through Strategic Agreements
• Neutral Sentiment: Zacks Research kept a Hold rating overall and lowered its Q2 2026 EPS estimate to $1.49 from $1.54, which tempers some of the optimism from the higher longer-term forecasts.
• Neutral Sentiment: Additional coverage highlighted Matador’s recent dividend payment and generally solid prior-quarter results, but those items look more supportive of valuation than a fresh near-term catalyst.

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.