Matador Resources (NYSE:MTDR) Stock Price Down 5.1% – Here’s What Happened

Matador Resources Company (NYSE:MTDR)’s stock price was down 5.1% on Thursday . The stock traded as low as $56.59 and last traded at $56.5010. Approximately 1,977,226 shares changed hands during trading, an increase of 6% from the average daily volume of 1,856,591 shares. The stock had previously closed at $59.52.

Matador Resources News Roundup

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

• Positive Sentiment: Matador announced a $1.1 billion acquisition of 5,154 net undeveloped acres in the core of the Delaware Basin, which could improve its growth runway and reserve base. Reuters article
• Positive Sentiment: Analysts at Zacks Research raised several longer-term earnings estimates, including FY2027 and FY2028, which suggests confidence in Matador’s future production and cash flow outlook. MarketBeat article
• Positive Sentiment: Morgan Stanley increased its price target on Matador Resources to $75, reinforcing expectations for additional upside from current levels. Benzinga article
• Neutral Sentiment: Recent coverage comparing MTDR with peers does not appear to have changed the investment thesis, but it keeps the stock in focus versus other energy names. Zacks article
• Negative Sentiment: Some Zacks Research estimates for near- and medium-term earnings were cut, including FY2026 and several 2026–2027 quarters, which may temper enthusiasm around short-term profit growth. MarketBeat article

Analysts Set New Price Targets

Several research analysts have weighed in on MTDR shares. Roth Mkm reaffirmed a “neutral” rating and set a $65.00 price target (up from $52.00) on shares of Matador Resources in a research report on Wednesday, April 8th. KeyCorp boosted their price target on Matador Resources from $61.00 to $73.00 and gave the stock an “overweight” rating in a research report on Thursday, April 2nd. Weiss Ratings lowered Matador Resources from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Morgan Stanley boosted their price target on Matador Resources from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, BMO Capital Markets boosted their price target on Matador Resources from $65.00 to $72.00 and gave the stock an “outperform” rating in a research report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $65.23.

Matador Resources Price Performance

The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.70 and a current ratio of 0.73. The firm has a market capitalization of $7.03 billion, a price-to-earnings ratio of 14.56 and a beta of 0.81. The business has a fifty day moving average of $59.67 and a two-hundred day moving average of $49.86.

Matador Resources (NYSE:MTDR) last posted its 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. The business had revenue of $941.60 million for the quarter, compared to analyst estimates of $871.57 million. Matador Resources had a return on equity of 11.20% and a net margin of 14.41%.The firm’s revenue was down 33.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.99 EPS. As a group, research analysts predict that Matador Resources Company will post 7.21 EPS for the current fiscal year.

Matador Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 8th will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.6%. Matador Resources’s payout ratio is presently 38.56%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Norris Financial Group LLC acquired a new position in shares of Matador Resources during the 1st quarter worth approximately $250,000. Cim Investment Management Inc. bought a new stake in Matador Resources in the 1st quarter valued at $264,000. Altshuler Shaham Ltd boosted its stake in Matador Resources by 36.7% in the 1st quarter. Altshuler Shaham Ltd now owns 748 shares of the energy company’s stock valued at $47,000 after purchasing an additional 201 shares during the period. Smith Group Asset Management LLC boosted its stake in Matador Resources by 78.2% in the 1st quarter. Smith Group Asset Management LLC now owns 12,571 shares of the energy company’s stock valued at $794,000 after purchasing an additional 5,515 shares during the period. Finally, Amundi bought a new stake in Matador Resources in the 1st quarter valued at $486,000. 91.98% of the stock is owned by institutional investors and hedge funds.

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.