Matador ResourcesMTDR
MTDR
About: Matador Resources Co is an independent energy company engaged in the exploration, development, production, and acquisition of oil and natural gas resources. The majority of the company's assets are located in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Along with maintaining a portfolio of oil and natural gas properties, Matador works to identify and develop midstream opportunities that support and enhance its exploration and development business.
Employees: 395
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
67% more call options, than puts
Call options by funds: $167M | Put options by funds: $100M
7% more repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 167
3.04% less ownership
Funds ownership: 91.94% [Q2] → 88.91% (-3.04%) [Q3]
4% less funds holding
Funds holding: 471 [Q2] → 454 (-17) [Q3]
19% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 74
20% less capital invested
Capital invested by funds: $6.84B [Q2] → $5.49B (-$1.35B) [Q3]
56% less funds holding in top 10
Funds holding in top 10: 9 [Q2] → 4 (-5) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$62
3%
downside
Avg. target
$75
18%
upside
High target
$91
43%
upside
10 analyst ratings
9 positive
90%
1 neutral
10%
0 negative
0%
Benchmark Subash Chandra 49% 1-year accuracy 18 / 37 met price target | 3%downside $62 | Buy Reiterated | 17 Jan 2025 |
RBC Capital Scott Hanold 72% 1-year accuracy 33 / 46 met price target | 10%upside $70 | Outperform Reiterated | 15 Jan 2025 |
Truist Securities Neal Dingmann 63% 1-year accuracy 100 / 159 met price target | 25%upside $80 | Buy Maintained | 13 Jan 2025 |
Morgan Stanley Devin McDermott 42% 1-year accuracy 10 / 24 met price target | 22%upside $78 | Equal-Weight Initiated | 10 Jan 2025 |
Wolfe Research Doug Leggate 42% 1-year accuracy 13 / 31 met price target | 13%upside $72 | Outperform Upgraded | 3 Jan 2025 |
Financial journalist opinion
Positive
Seeking Alpha
1 day ago
Matador Resources Could Be Your Next Oil And Gas Winner
Matador's recent growth has been driven primarily by efficiency gains and the acquisition of high-quality acreage. Valuation is attractive relative to the company's own recent history and that of peers like Diamondback Energy, Devon Energy, Permian Resources,.and EOG Resources. Despite a low forward dividend yield, Matador's low payout ratio and rapid CAGR make it attractive for long-term investors.
Positive
Zacks Investment Research
1 week ago
Rig Count Stays Steady: Should EOG & MTDR Stocks Be on Your Watchlist?
It would be wise to focus on EOG & MTDR stocks, as the crude price is favorable & BKR's weekly rig count report states that the tally remains steady.
Neutral
Business Wire
1 month ago
Matador Resources Company Successfully Closes Contribution of Pronto Midstream, LLC to San Mateo Midstream, LLC
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador”) today announced the successful closing of its previously announced agreement whereby Matador contributed Pronto Midstream, LLC (“Pronto”), Matador's wholly-owned midstream subsidiary, to San Mateo Midstream, LLC, Matador's 51%-owned midstream joint venture (“San Mateo”), for a total implied pre-closing valuation of Pronto of approximately $600 million. Upon completion of the transaction, San Mateo has a total estimated.
Positive
Zacks Investment Research
1 month ago
Rig Count Stays Steady: Should EOG & MTDR Stocks Be on Your Watchlist?
It would be wise to watch EOG & MTDR stocks on favorable crude price, with BKR's weekly rig count report stating that the tally is flat.
Positive
Zacks Investment Research
1 month ago
More Rigs in Action: Are EOG & MTDR Stocks Must Watch Now?
It would be wise to focus on EOG & MTDR stocks, as the crude price is favorable with BKR's weekly rig count report stating that the tally is rising.
Neutral
Zacks Investment Research
1 month ago
Here's Why You Should Hold on to Matador Resources Stock Now
Handsome oil prices aid Matador's (MTDR) upstream operations. However, the company is exposed to volatility in commodity prices.
Neutral
Business Wire
1 month ago
Matador Resources Company Announces Contribution of Pronto Midstream, LLC to San Mateo Midstream, LLC
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador”) today announced that it has executed a definitive agreement whereby Matador would contribute Pronto Midstream, LLC (“Pronto”), Matador's wholly-owned midstream subsidiary, to San Mateo Midstream, LLC, Matador's midstream joint venture (“San Mateo”), for a total implied valuation of Pronto of approximately $600 million. At the closing of the transaction, Matador will receive an up-front cash payment of approximately $220.
Neutral
Business Wire
1 month ago
Matador Resources Company Increases Borrowing Base Under Matador Credit Facility and Lender Commitments Under San Mateo Credit Facility
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that its lenders increased the borrowing base under the Company's credit agreement by 30% from $2.50 billion to $3.25 billion. This increase of the borrowing base resulted from the regularly scheduled semi-annual borrowing base redetermination, although Matador elected to keep the borrowing commitments at $2.25 billion at present but appreciates the potential to increase its borrowings t.
Positive
Zacks Investment Research
1 month ago
Are EOG & MTDR Stocks Worth Watching Amid Shrinking Rig Activity?
It would be wise to focus on EOG & MTDR stocks, as the crude price is favorable despite BKR's weekly rig count report stating that the tally is shrinking.
Neutral
Zacks Investment Research
1 month ago
Fewer Rigs in Operation: Are EOG & MTDR Still Worth Watching?
Focusing on EOG and MTDR stocks could be a smart move despite BKR's weekly rig count report showing a decline in the tally.
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