Matador Resources Company $MTDR Stock: Conestoga Capital Advisors LLC Raises Holdings

Conestoga Capital Advisors LLC increased its position in shares of Matador Resources Company (NYSE:MTDR) by 6.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 538,276 shares of the energy company’s stock after buying an additional 34,286 shares during the quarter. Conestoga Capital Advisors LLC owned about 0.43% of Matador Resources worth $27,764,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. BlackRock Inc. bought a new stake in shares of Matador Resources in the 2nd quarter worth $573,936,000. Dimensional Fund Advisors LP raised its stake in Matador Resources by 4.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,948,104 shares of the energy company’s stock valued at $439,010,000 after acquiring an additional 277,839 shares during the period. First Trust Advisors LP grew its stake in Matador Resources by 103.3% in the 1st quarter. First Trust Advisors LP now owns 1,595,415 shares of the energy company’s stock valued at $100,798,000 after buying an additional 810,808 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Matador Resources by 2.3% during the 1st quarter. Bank of New York Mellon Corp now owns 1,186,046 shares of the energy company’s stock valued at $74,934,000 after purchasing an additional 26,205 shares during the period. Finally, Bank of America Corp DE purchased a new stake in shares of Matador Resources in the second quarter worth about $42,184,000. 91.98% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

MTDR has been the subject of several recent analyst reports. Morgan Stanley boosted their price objective on Matador Resources from $66.00 to $69.00 and gave the stock an “equal weight” rating in a report on Thursday, October 15th. KeyCorp increased their price target on shares of Matador Resources from $68.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, September 15th. Truist Financial lifted their price objective on shares of Matador Resources from $59.00 to $65.00 and gave the stock a “buy” rating in a report on Wednesday, October 14th. Citigroup cut their target price on shares of Matador Resources from $68.00 to $60.00 and set a “buy” rating for the company in a research report on Tuesday, August 11th. Finally, Stifel Nicolaus initiated coverage on Matador Resources in a research note on Thursday, September 10th. They issued a “buy” rating and a $66.00 target price on the stock. Twelve investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $68.43.

Matador Resources Stock Down 7.3%

Shares of NYSE:MTDR opened at $50.36 on Thursday. The stock’s 50-day moving average price is $56.44 and its 200-day moving average price is $54.44. Matador Resources Company has a 12-month low of $37.14 and a 12-month high of $66.84. The stock has a market capitalization of $6.23 billion, a P/E ratio of 8.68 and a beta of 0.93. 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 (NYSE:MTDR) last released its quarterly earnings data on Tuesday, November 3rd. The energy company reported $2.08 EPS for the quarter, topping the consensus estimate of $1.85 by $0.23. The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.12 billion. Matador Resources had a return on equity of 14.53% and a net margin of 18.60%. The company’s quarterly revenue was up 33.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.36 earnings per share. On average, equities analysts anticipate that Matador Resources Company will post 8.09 earnings per share for the current year.

Matador Resources Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Tuesday, November 10th will be paid 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 annualized dividend and a dividend yield of 3.5%. Matador Resources’s payout ratio is presently 25.73%.

Trending Headlines about Matador Resources

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

• Positive Sentiment: Matador reported third-quarter earnings of $2.08 per share, above the $1.83 analyst consensus, while revenue of $1.39 billion also exceeded expectations. Revenue rose 33.9% year over year, and the company notched its sixth consecutive earnings beat. Matador Resources Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: The company raised its dividend by 17%, supporting shareholder returns and signaling confidence in its financial position. Matador Resources Q3 2026: Six Straight Beats, Dividend Up 17%
• Positive Sentiment: Matador’s San Mateo joint venture expanded Delaware Basin infrastructure and secured new long-term gas agreements, which may support the handling and sale of production. San Mateo Infrastructure Expansion and Long-Term Agreements
• Negative Sentiment: Despite production growth and the earnings beat, market coverage highlighted margin compression as a concern, suggesting investors questioned the profitability of that growth. That pressure appears to have outweighed the quarter’s headline results. MTDR Q3 2026 Deep Dive

Insider Buying and Selling

In other news, CEO Joseph Foran purchased 10,000 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were acquired at an average price of $52.16 per share, with a total value of $521,600.00. Following the acquisition, the chief executive officer directly owned 25,617 shares in the company, valued at approximately $1,336,182.72. The trade was a 64.03% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Christopher P. Calvert acquired 2,500 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was purchased at an average price of $56.64 per share, for a total transaction of $141,600.00. Following the transaction, the chief financial officer directly owned 44,000 shares of the company’s stock, valued at approximately $2,492,160. This trade represents a 6.02% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 23,144 shares of company stock valued at $1,211,793 over the last three months. 5.90% of the stock is owned by company insiders.

Matador Resources Profile

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.