Matador Resources Co is a oil and gas company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker MTDR on the NYSE exchange.
Matador Resources Co stock last closed at $65.29, up 0.23% from the previous day, and has increased 28.47% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 0.1 percentage points. Matador Resources Co stock is currently +55.3% from its 52-week low of $42.04, and -8.15% from its 52-week high of $71.08.
At the moment, there are 119.52M shares of MTDR outstanding. The market capitalization of MTDR is $7.80B. In the last 24 hours, 3.11M MTDR shares were traded.
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Once you have identified the best place to buy Matador Resources Co stock, it's absolutely critical to analyze their stock prior to investing, so you truly understand the risk as well as the opportunity.
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You can view all of the due diligence checks on MTDR's stock page.
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MTDR's fair value.
Using relative valuations methods:
You can access more valuation research on MTDR's stock here.
Out of 11 Equities analysts who give ratings on MTDR, the consensus analyst rating on MTDR is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Neal Dingmann, a top 1% analyst from Truist Securities maintains MTDR with a strong buy rating and raises their MTDR price target from $82.00 to $85.00, on Apr 5, 2024.
Truist Securities's Neal Dingmann raised their price target on Matador Resources Co (NYSE: MTDR) by 3.7% from $82 to $85 on 2024/04/05. The analyst maintained their Strong Buy rating on the stock.
The analyst made their price target move after taking a deep dive into names in their Energy (Oil & Gas Exploration & Production) portfolio.
With the combination of a solid 2024 commodity landscape, potentially lower oilfield equipment and services pricing, continued routine operations for most names in the space, and the maintenance of material shareholder returns, there is no reason not to give the space a "Strong Buy" rating, Dingmann said.
The analyst told readers that Truist Securities expects "the sector's current underweight positioning to change," stating that recent discussions indicate only the "Long Onlys" remain underweight on the energy sector compared to the firm's benchmark.
Leo Mariani, a top 1% analyst from Roth MKM maintains MTDR with a strong buy rating and raises their MTDR price target from $66.00 to $71.00, on Mar 28, 2024.
William Janela, a top 6% analyst from Mizuho maintains MTDR with a strong buy rating and raises their MTDR price target from $67.00 to $76.00, on Mar 18, 2024.
Scott Hanold, a top 2% analyst from RBC Capital reiterates MTDR with a buy rating and maintains their MTDR price target from $70.00 to $70.00, on Mar 5, 2024.
Gabe Daoud, a bottom 9% analyst from TD Cowen maintains MTDR with a buy rating and raises their MTDR price target from $64.00 to $72.00, on Mar 4, 2024.
You can dig deeper into what analysts are forecasting on the Matador Resources Co stock forecast page.
Last year, MTDR earnings were $846.07M. Over the past five year, MTDR's earnings have increased by 24.12% per year. This was faster than the Oil & Gas E&P industry average of 12.87%.
Last year, MTDR revenue was $2.81B. Over the last five year, MTDR's revenue has gone up by 25.55% per year. This was faster than the Oil & Gas E&P industry average of 19.2%.
Dive into MTDR's earnings and revenue performance here.
In the past 12 months, executives and large shareholders at MTDR have sold more shares than they have bought.
William Thomas Elsener, EVP Reservoir Engineering of MTDR, was the latest MTDR insider to sell. They sold $90,596.91 worth of MTDR shares on Feb 17, 2024.
Dig into more about who owns MTDR shares here.
Matador Resources Co pays a dividend of 1.07%, compared to the Oil & Gas E&P industry's average dividend yield of 3.56%. If you owned $1,000 worth of MTDR stock, you would have been paid $10.72 in the past year.
Find more analysis about Matador Resources Co dividend yield and history here.
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