Matador Resources (NYSE:MTDR) COO Glenn Stetson Buys 1,000 Shares of Company Stock

Matador Resources Company (NYSE:MTDR) COO Glenn Stetson bought 1,000 shares of the business’s stock in a transaction on Friday, November 6th. The shares were acquired at an average price of $50.80 per share, with a total value of $50,800.00. Following the completion of the purchase, the chief operating officer directly owned 96,769 shares of the company’s stock, valued at approximately $4,915,865.20. The trade was a 1.04% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Matador Resources Price Performance

Matador Resources stock opened at $49.98 on Tuesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.62 and a current ratio of 0.55. Matador Resources Company has a 52 week low of $38.80 and a 52 week high of $66.84. The stock has a market capitalization of $6.18 billion, a P/E ratio of 8.62 and a beta of 0.93. The stock has a fifty day moving average of $56.08 and a 200-day moving average of $54.54.

Matador Resources (NYSE:MTDR) last issued its earnings results on Tuesday, November 3rd. The energy company reported $2.08 EPS for the quarter, topping the consensus estimate of $1.85 by $0.23. Matador Resources had a return on equity of 14.32% and a net margin of 18.60%. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the previous year, the firm earned $1.36 earnings per share. The business’s quarterly revenue was up 33.9% on a year-over-year basis. On average, sell-side analysts expect that Matador Resources Company will post 8.34 earnings per share for the current fiscal year.

Matador Resources Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Tuesday, November 10th will be given a $0.4375 dividend. This is an increase from Matador Resources’s previous quarterly dividend of $0.3750. This represents a $1.75 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Tuesday, November 10th. Matador Resources’s dividend payout ratio (DPR) is 25.86%.

Institutional Investors Weigh In On Matador Resources

Several large investors have recently added to or reduced their stakes in MTDR. Hsbc Holdings PLC grew its stake in Matador Resources by 935.4% during the second quarter. Hsbc Holdings PLC now owns 56,096 shares of the energy company’s stock valued at $2,824,000 after acquiring an additional 50,678 shares in the last quarter. Great Lakes Advisors LLC bought a new stake in Matador Resources during the 2nd quarter worth approximately $605,000. Quantbot Technologies LP bought a new stake in Matador Resources during the 2nd quarter worth approximately $3,682,000. BlackRock Inc. purchased a new stake in Matador Resources in the 2nd quarter worth approximately $573,936,000. Finally, Morningstar Investment Management LLC purchased a new stake in Matador Resources in the 1st quarter worth approximately $2,630,000. Institutional investors and hedge funds own 91.98% of the company’s stock.

Matador Resources News Summary

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

• Positive Sentiment: CEO Joseph Foran bought 5,000 shares for $256,800, more than doubling his direct stake. COO Glenn Stetson also purchased 1,000 shares for $50,800. SEC filing on Foran’s purchase SEC filing on Stetson’s purchase
• Positive Sentiment: Director Shelley Appel reported two purchases totaling 1,350 shares, while director Paul Harvey bought 500 shares. Together, the reported insider transactions represent roughly $401,000 of purchases. SEC filing on Appel’s purchases SEC filing on Harvey’s purchase
• Neutral Sentiment: A Zacks article reviewed Matador’s Q3 2026 results against estimates and year-ago figures for key metrics, but the available summary does not identify specific metric surprises. Zacks Q3 metrics article

Analysts Set New Price Targets

Several research analysts have recently issued reports on MTDR shares. KeyCorp upped their price target on shares of Matador Resources from $68.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, September 15th. Citigroup cut their price objective on Matador Resources from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Morgan Stanley boosted their price objective on Matador Resources from $66.00 to $69.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 15th. Weiss Ratings cut Matador Resources from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, November 4th. Finally, Seaport Research Partners initiated coverage on Matador Resources in a research report on Thursday, September 3rd. They issued a “neutral” rating for the company. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.50.

Matador Resources Company Profile

Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas. Its operations are focused primarily on the Delaware Basin in southeastern New Mexico and West Texas.

Alongside its exploration and production business, Matador provides midstream services through its subsidiary San Mateo Midstream. These activities include gathering and processing natural gas and handling produced water, supporting the company’s operations and serving other producers in the region.

Matador was founded in 2003 and is headquartered in Dallas, Texas.