Matador Resources (MTDR) – Research Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Matador Resources (NYSE: MTDR) in the last few weeks:

• 8/13/2026 – Matador Resources had its price target raised by Wells Fargo & Company from $63.00 to $79.00. They now have an “equal weight” rating on the stock.
• 8/13/2026 – Matador Resources had its price target lowered by KeyCorp from $73.00 to $68.00. They now have an “overweight” rating on the stock.
• 8/11/2026 – Matador Resources had its price target lowered by Citigroup Inc. from $68.00 to $60.00. They now have a “buy” rating on the stock.
• 8/10/2026 – Matador Resources had its price target raised by UBS Group AG from $54.00 to $56.00. They now have a “neutral” rating on the stock.
• 8/10/2026 – Matador Resources had its price target lowered by Truist Financial Corporation from $63.00 to $59.00. They now have a “buy” rating on the stock.
• 8/7/2026 – Matador Resources had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 7/31/2026 – Matador Resources was upgraded by Mizuho to “strong-buy”.
• 7/28/2026 – Matador Resources had its price target raised by Stephens from $92.00 to $93.00. They now have an “overweight” rating on the stock.
• 7/27/2026 – Matador Resources had its price target lowered by UBS Group AG from $56.00 to $54.00. They now have a “neutral” rating on the stock.
• 7/21/2026 – Matador Resources had its price target lowered by UBS Group AG from $62.00 to $56.00. They now have a “neutral” rating on the stock.
• 7/20/2026 – Matador Resources had its price target lowered by Citigroup Inc. from $72.00 to $68.00. They now have a “buy” rating on the stock.
• 7/16/2026 – Matador Resources had its price target lowered by Truist Financial Corporation from $67.00 to $63.00. They now have a “buy” rating on the stock.
• 6/29/2026 – Matador Resources had its price target lowered by Morgan Stanley from $75.00 to $66.00. They now have an “equal weight” rating on the stock.
• 6/22/2026 – Matador Resources was upgraded by Roth Capital from “neutral” to “buy”. They now have a $65.00 price target on the stock.

Matador Resources Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 10th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $1.50 dividend on an annualized basis and a yield of 2.8%. Matador Resources’s dividend payout ratio is 25.73%.

Insiders Place Their Bets

In other Matador Resources news, EVP William Thomas Elsener acquired 850 shares of the stock in a transaction dated 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 transaction, the executive vice president owned 114,879 shares in the company, valued at approximately $5,851,936.26. The trade was a 0.75% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Glenn W. Stetson acquired 500 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was acquired at an average cost of $53.41 per share, for a total transaction of $26,705.00. Following the completion of the purchase, the chief operating officer directly owned 95,470 shares in the company, valued at $5,099,052.70. This trade represents a 0.53% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have bought 31,596 shares of company stock valued at $1,654,207. 5.90% of the stock is currently owned by insiders.

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.