Matador Resources (NYSE:MTDR) Releases Earnings Results, Beats Expectations By $0.25 EPS

Matador Resources (NYSE:MTDR – Get Free Report) released its quarterly earnings data on Tuesday. The energy company reported $2.08 EPS for the quarter, topping the consensus estimate of $1.83 by $0.25, Zacks reports. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.12 billion. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%.

Matador Resources Price Performance

Shares of MTDR stock traded down $1.33 during trading hours on Tuesday, reaching $54.43. The stock had a trading volume of 2,637,185 shares, compared to its average volume of 1,840,952. The stock’s fifty day simple moving average is $56.61 and its 200 day simple moving average is $54.35. The company has a current ratio of 0.65, a quick ratio of 0.62 and a debt-to-equity ratio of 0.67. Matador Resources has a 12 month low of $37.14 and a 12 month high of $66.84. The firm has a market capitalization of $6.74 billion, a PE ratio of 9.34 and a beta of 0.93.

Matador Resources Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Tuesday, November 10th will be issued a $0.4375 dividend. The ex-dividend date of this dividend is Tuesday, November 10th. This is a positive change from Matador Resources’s previous quarterly dividend of $0.3750. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.2%. Matador Resources’s payout ratio is currently 30.02%.

Insider Activity at Matador Resources

In other news, CEO Joseph Foran bought 10,000 shares of the stock in a transaction on Wednesday, August 12th. The shares were acquired at an average cost of $52.16 per share, for a total transaction of $521,600.00. Following the purchase, the chief executive officer directly owned 25,617 shares of the company’s stock, valued at $1,336,182.72. This trade represents a 64.03% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP William Elsener purchased 850 shares of the business’s stock in a transaction on Monday, August 10th. The stock was purchased at an average cost of $50.94 per share, with a total value of $43,299.00. Following the completion of the acquisition, the executive vice president owned 114,879 shares in the company, valued at approximately $5,851,936.26. This trade represents a 0.75% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders bought 23,144 shares of company stock valued at $1,211,793. Corporate insiders own 5.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on MTDR. Seaport Research Partners started coverage on shares of Matador Resources in a research note on Thursday, September 3rd. They issued a “neutral” rating for the company. Mizuho dropped their target price on Matador Resources from $77.00 to $71.00 and set an “outperform” rating on the stock in a research report on Monday, October 19th. Truist Financial raised their price target on Matador Resources from $59.00 to $65.00 and gave the stock a “buy” rating in a report on Wednesday, October 14th. Stifel Nicolaus began coverage on Matador Resources in a research report on Thursday, September 10th. They issued a “buy” rating and a $66.00 price target for the company. Finally, Weiss Ratings upgraded Matador Resources from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Twelve equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Matador Resources currently has an average rating of “Moderate Buy” and an average target price of $68.43.

View Our Latest Research Report on MTDR

More Matador Resources News

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

  • Positive Sentiment: Matador’s 51%-owned San Mateo Midstream joint venture signed a new long-term, fixed-fee natural gas gathering and processing agreement with a large Northern Delaware Basin producer, alongside a second agreement and infrastructure expansion. The fixed-fee arrangement may support more predictable midstream revenue and the expansion could help accommodate additional activity. Article: Matador announces San Mateo expansion and agreements
  • Positive Sentiment: Zacks reported that the average Wall Street price target implies about 26.8% upside for MTDR, and noted a positive trend in earnings estimate revisions. Price targets are estimates, not a guarantee of future performance. Article: Wall Street analyst price targets for Matador
  • Neutral Sentiment: Riverwater Partners’ Q3 2026 investor letter disclosed that its Sustainable Value Strategy initiated a position in Matador. The supplied article excerpt does not give the firm’s specific investment rationale; the strategy overall underperformed its benchmark during the quarter. Article: Riverwater Partners’ Matador position
  • Neutral Sentiment: A separate article previews Matador’s earnings and what investors may watch, but the provided information gives no specific forecasts or results to assess. Article: Matador earnings preview

Matador Resources Company Profile

(Get Free Report)

Matador Resources Company (NYSE: MTDR) is an independent energy company engaged in the exploration, development, production and acquisition of oil, natural gas and natural gas liquids. The company focuses primarily on unconventional, or shale, resource plays and operates across both upstream exploration and production and related midstream activities.

Matador’s principal exploration and production operations are located in the Delaware Basin in southeastern New Mexico and West Texas. Its midstream operations, conducted primarily through San Mateo Midstream, provide natural gas gathering and processing, crude oil and produced-water gathering, and water sourcing and disposal services that support the company’s operations and other producers in the region.

Founded in 2003 and headquartered in Dallas, Texas, Matador has historically expanded through development and acquisitions in U.S.

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Earnings History for Matador Resources (NYSE:MTDR)

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