Matador Resources Company (NYSE:MTDR – Get Free Report) CEO Joseph Wm Foran purchased 10,000 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were bought at an average cost of $52.16 per share, for a total transaction of $521,600.00. Following the purchase, the chief executive officer owned 25,617 shares of the company’s stock, valued at $1,336,182.72. This trade represents a 64.03% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.
Joseph Wm Foran also recently made the following trade(s):
- On Thursday, August 13th, Joseph Wm Foran acquired 5,000 shares of Matador Resources stock. The shares were bought at an average cost of $51.44 per share, with a total value of $257,200.00.
- On Tuesday, August 11th, Joseph Wm Foran acquired 709 shares of Matador Resources stock. The shares were purchased at an average price of $51.68 per share, with a total value of $36,641.12.
- On Monday, August 10th, Joseph Wm Foran bought 3,130 shares of Matador Resources stock. The stock was purchased at an average cost of $51.04 per share, for a total transaction of $159,755.20.
- On Tuesday, June 9th, Joseph Wm Foran bought 2,000 shares of Matador Resources stock. The stock was purchased at an average price of $53.07 per share, for a total transaction of $106,140.00.
- On Thursday, June 4th, Joseph Wm Foran purchased 2,000 shares of Matador Resources stock. The shares were purchased at an average cost of $56.25 per share, with a total value of $112,500.00.
- On Friday, May 29th, Joseph Wm Foran acquired 482 shares of Matador Resources stock. The stock was purchased at an average price of $52.70 per share, for a total transaction of $25,401.40.
- On Wednesday, May 27th, Joseph Wm Foran acquired 4,675 shares of Matador Resources stock. The stock was purchased at an average cost of $52.36 per share, for a total transaction of $244,783.00.
Matador Resources Stock Down 0.2%
Shares of NYSE:MTDR opened at $53.61 on Monday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.62 and a current ratio of 0.65. Matador Resources Company has a 1 year low of $37.14 and a 1 year high of $66.84. The stock has a market capitalization of $6.63 billion, a P/E ratio of 9.20 and a beta of 0.76. The stock has a 50-day simple moving average of $51.13 and a 200-day simple moving average of $54.04.
Matador Resources Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, August 10th. Matador Resources’s dividend payout ratio (DPR) is currently 25.73%.
Key Stories Impacting Matador Resources
Here are the key news stories impacting Matador Resources this week:
- Positive Sentiment: CEO Joseph Wm. Foran purchased 10,000 shares for approximately $521,600 on August 12 and another 5,000 shares for $257,200 on August 13. These purchases followed additional recent buying, bringing his direct ownership to 30,617 shares. EVP William Thomas Elsener also bought 850 shares. The concentrated insider activity may signal that management views MTDR as undervalued. SEC insider transaction filing
- Positive Sentiment: Wells Fargo raised its price target from $63 to $79, implying significant potential upside, even while maintaining an “equal weight” rating. Siebert Williams Shank also reiterated a “buy” rating, supporting the view that analysts see additional value in the shares. Wells Fargo price target update Siebert Williams Shank rating
- Positive Sentiment: Matador’s second-quarter earnings exceeded expectations, with earnings per share of $2.61 versus the $2.08 consensus and revenue of $1.17 billion versus $1.06 billion expected. Revenue rose 32.5% year over year, reinforcing the company’s operating momentum. Matador Resources earnings information
- Positive Sentiment: Recent analysis highlights Matador’s midstream infrastructure and connectivity in the Delaware Basin, which may improve access to markets, increase acreage value and support the economics of future drilling. Delaware Basin midstream analysis
- Neutral Sentiment: Analysts give MTDR a consensus “Moderate Buy” rating, but recent target changes are mixed. KeyCorp lowered its target from $73 to $68 while retaining an “overweight” rating, suggesting continued confidence tempered by near-term uncertainty. Matador Resources analyst consensus KeyCorp price target update
- Negative Sentiment: Investors continue to monitor 2026 headwinds, including commodity-price conditions, production expectations and spending plans. These factors could limit the near-term benefit of the earnings beat and create volatility for the energy producer. Matador Resources earnings call analysis
Institutional Investors Weigh In On Matador Resources
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kestra Investment Management LLC boosted its stake in shares of Matador Resources by 225.2% during the 2nd quarter. Kestra Investment Management LLC now owns 517 shares of the energy company’s stock valued at $25,000 after buying an additional 358 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Matador Resources during the 1st quarter valued at about $27,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Matador Resources during the 3rd quarter valued at about $35,000. Center for Financial Planning Inc. acquired a new stake in Matador Resources during the first quarter worth about $41,000. Finally, Gilpin Wealth Management LLC bought a new position in Matador Resources in the fourth quarter worth about $42,000. Hedge funds and other institutional investors own 91.98% of the company’s stock.
Analysts Set New Price Targets
A number of analysts recently weighed in on the stock. Mizuho raised shares of Matador Resources to a “strong-buy” rating in a research report on Friday, July 31st. Wall Street Zen upgraded Matador Resources from a “hold” rating to a “buy” rating in a research note on Saturday. Morgan Stanley decreased their target price on Matador Resources from $75.00 to $66.00 and set an “equal weight” rating for the company in a research report on Monday, June 29th. Truist Financial lowered their target price on Matador Resources from $63.00 to $59.00 and set a “buy” rating for the company in a research note on Monday, August 10th. Finally, Roth Capital upgraded Matador Resources from a “neutral” rating to a “buy” rating and set a $65.00 target price on the stock in a report on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Matador Resources has an average rating of “Moderate Buy” and an average price target of $66.07.
View Our Latest Research Report on Matador Resources
About Matador Resources
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.
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