Matador Resources (NYSE:MTDR) EVP William Thomas Elsener Purchases 850 Shares

Matador Resources Company (NYSE:MTDRGet Free Report) EVP William Thomas Elsener purchased 850 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average cost of $50.94 per share, with a total value of $43,299.00. Following the completion of the purchase, the executive vice president directly owned 114,879 shares in the company, valued at $5,851,936.26. The trade was a 0.75% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Matador Resources Stock Performance

Shares of Matador Resources stock opened at $52.45 on Thursday. The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 0.67. The stock’s fifty day moving average is $51.21 and its two-hundred day moving average is $53.90. Matador Resources Company has a 52 week low of $37.14 and a 52 week high of $66.84. The company has a market capitalization of $6.49 billion, a PE ratio of 9.00 and a beta of 0.76.

Matador Resources (NYSE:MTDRGet Free Report) last released its earnings results on Wednesday, August 5th. The energy company reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.53. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.06 billion. Matador Resources had a return on equity of 13.18% and a net margin of 19.85%.The business’s revenue for the quarter was up 32.5% compared to the same quarter last year. During the same period last year, the company earned $1.53 earnings per share. As a group, analysts expect that Matador Resources Company will post 7.11 earnings per share for the current year.

Matador Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 10th will be issued a dividend of $0.375 per share. The ex-dividend date is Monday, August 10th. This represents a $1.50 dividend on an annualized basis and a yield of 2.9%. Matador Resources’s dividend payout ratio (DPR) is presently 25.73%.

Key Headlines Impacting Matador Resources

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

  • Positive Sentiment: CEO Joseph Wm. Foran bought 3,130 shares for approximately $159,755 and then purchased another 709 shares, while EVP William Thomas Elsener bought 850 shares for roughly $43,299. The concentrated buying by senior executives may signal that management considers MTDR attractively valued after its recent weakness. Matador Resources insider buying report
  • Positive Sentiment: Matador’s second-quarter earnings exceeded expectations, with adjusted earnings of $2.61 per share versus the $2.08 consensus estimate and revenue of $1.17 billion versus forecasts of $1.06 billion. Revenue increased 32.5% year over year, strengthening the fundamental case for the energy producer. Matador Resources financial information
  • Positive Sentiment: An analysis argues that Matador’s midstream connectivity increases the value of its Delaware Basin acreage, potentially improving infrastructure access and supporting the economics of future development. Matador Resources midstream connectivity analysis
  • Neutral Sentiment: Analysts continue to scrutinize management’s outlook and answers from the second-quarter earnings call, indicating that future production, commodity prices and 2026 spending remain important valuation factors. Matador Resources earnings call analysis
  • Negative Sentiment: Citigroup reduced its price target from $68 to $60, and Truist reportedly issued a more pessimistic outlook. Although both firms retain constructive elements, the target reductions highlight concerns about 2026 headwinds and temper the impact of the earnings beat. Citigroup price target update Truist forecast report

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Mizuho raised shares of Matador Resources to a “strong-buy” rating in a research report on Friday, July 31st. Zacks Research lowered Matador Resources from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Truist Financial dropped their price objective on Matador Resources from $63.00 to $59.00 and set a “buy” rating on the stock in a research note on Monday. UBS Group raised their price objective on Matador Resources from $54.00 to $56.00 and gave the stock a “neutral” rating in a report on Monday. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $65.29.

Get Our Latest Research Report on Matador Resources

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in Matador Resources during the second quarter worth $573,936,000. Wellington Management Group LLP increased its holdings in shares of Matador Resources by 65.0% in the 4th quarter. Wellington Management Group LLP now owns 3,406,182 shares of the energy company’s stock valued at $144,558,000 after acquiring an additional 1,342,145 shares during the period. Encompass Capital Advisors LLC bought a new position in shares of Matador Resources in the 4th quarter worth $53,249,000. Bank of New York Mellon Corp bought a new position in shares of Matador Resources in the 2nd quarter worth $56,161,000. Finally, Value Holdings Management CO. LLC purchased a new stake in shares of Matador Resources during the 2nd quarter worth $41,532,000. Hedge funds and other institutional investors own 91.98% of the company’s stock.

Matador Resources Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Matador Resources (NYSE:MTDR)

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