Joseph Wm Foran Purchases 709 Shares of Matador Resources (NYSE:MTDR) Stock

Matador Resources Company (NYSE:MTDR) CEO Joseph Wm Foran acquired 709 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average cost of $51.68 per share, with a total value of $36,641.12. Following the transaction, the chief executive officer directly owned 15,617 shares in the company, valued at $807,086.56. The trade was a 4.76% increase in their position. 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 Monday, August 10th, Joseph Wm Foran bought 3,130 shares of Matador Resources stock. The stock was acquired at an average cost of $51.04 per share, for a total transaction of $159,755.20.
• On Tuesday, June 9th, Joseph Wm Foran purchased 2,000 shares of Matador Resources stock. The shares were acquired at an average price of $53.07 per share, with a total value of $106,140.00.
• On Thursday, June 4th, Joseph Wm Foran acquired 2,000 shares of Matador Resources stock. The stock was acquired 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 acquired at an average cost of $52.70 per share, with a total value of $25,401.40.
• On Wednesday, May 27th, Joseph Wm Foran acquired 4,675 shares of Matador Resources stock. The stock was bought at an average price of $52.36 per share, for a total transaction of $244,783.00.

Matador Resources Trading Down 1.7%

Shares of MTDR stock opened at $51.59 on Friday. The firm has a market capitalization of $6.38 billion, a P/E ratio of 8.85 and a beta of 0.76. Matador Resources Company has a 1 year low of $37.14 and a 1 year high of $66.84. The firm’s fifty day simple moving average is $51.13 and its 200 day simple moving average is $53.96. 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 issued its quarterly earnings results on Wednesday, August 5th. The energy company reported $2.61 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.53. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.06 billion. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%. The business’s revenue was up 32.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.53 EPS. As a group, sell-side analysts predict that Matador Resources Company will post 7.11 EPS for the current year.

Matador Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders 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 dividend yield of 2.9%. Matador Resources’s dividend payout ratio is currently 25.73%.

Key Stories Impacting Matador Resources

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

• Positive Sentiment: Management buying provided a confidence signal: CEO Joseph Wm. Foran purchased 3,130 shares for about $159,755 and another 709 shares for approximately $36,641, while EVP William Thomas Elsener bought 850 shares for roughly $43,299. The purchases increase executives’ personal exposure to MTDR near recent trading levels. Matador Resources insider buying
• Positive Sentiment: Wells Fargo raised its price target from $63 to $79 while maintaining an “equal weight” rating. The higher target implies substantial potential appreciation and suggests the firm sees improved value, even though it is not recommending an outright overweight position. Wells Fargo price target update
• Positive Sentiment: Matador’s second-quarter results materially exceeded expectations, with earnings per share of $2.61 versus the $2.08 consensus estimate and revenue of $1.17 billion versus $1.06 billion expected. Revenue rose 32.5% year over year, supporting the case for continued production and cash-flow strength.
• Positive Sentiment: Coverage highlights Matador’s expansion in the Delaware Basin and its midstream connectivity. The infrastructure network may increase the value of the company’s acreage by improving takeaway access and supporting the economics of future development. Delaware Basin expansion article Midstream connectivity analysis
• Neutral Sentiment: Siebert Williams Shank maintained a “buy” recommendation, reinforcing broadly constructive analyst sentiment. KeyCorp also kept an “overweight” rating despite reducing its target from $73 to $68, indicating upside remains but expectations have moderated. Siebert Williams Shank rating KeyCorp price target update
• Negative Sentiment: Recent target reductions from KeyCorp, Truist and Citigroup, along with questions surrounding 2026 commodity prices, spending and production growth, are limiting enthusiasm after the earnings beat. These concerns suggest investors remain focused on energy-market volatility and execution risks. Truist forecast

Analyst Ratings Changes

MTDR has been the topic of several research reports. KeyCorp lowered their price target on Matador Resources from $73.00 to $68.00 and set an “overweight” rating on the stock in a research note on Thursday. Mizuho upgraded Matador Resources to a “strong-buy” rating in a research report on Friday, July 31st. Roth Capital raised Matador Resources from a “neutral” rating to a “buy” rating and set a $65.00 price objective on the stock in a report on Monday, June 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Matador Resources in a research report on Friday, August 7th. Finally, Citigroup cut their target price on Matador Resources from $68.00 to $60.00 and set a “buy” rating for the company in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.07.

Institutional Trading of Matador Resources

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

Matador Resources Company Profile

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.