Matador Resources Company (NYSE:MTDR) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, October 30th. Analysts expect the company to announce earnings of $0.10 per share for the quarter.

Matador Resources (NYSE:MTDR) last announced its quarterly earnings data on Wednesday, August 2nd. The energy company reported $0.11 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.11. The company had revenue of $115.90 million for the quarter, compared to analyst estimates of $112.21 million. Matador Resources had a return on equity of 5.45% and a net margin of 43.04%. The firm’s revenue for the quarter was up 65.1% on a year-over-year basis. During the same quarter last year, the firm posted ($0.01) EPS. On average, analysts expect Matador Resources to post $0.51 EPS for the current fiscal year and $0.75 EPS for the next fiscal year.

Shares of Matador Resources Company (MTDR) traded down 1.260% on Monday, reaching $25.465. The company’s stock had a trading volume of 300,546 shares. The stock has a market capitalization of $2.56 billion, a P/E ratio of 13.160 and a beta of 1.26. The company has a 50 day moving average of $25.56 and a 200 day moving average of $23.55. Matador Resources Company has a 1-year low of $20.13 and a 1-year high of $28.51.

Several analysts have weighed in on the company. Zacks Investment Research raised Matador Resources from a “sell” rating to a “hold” rating in a report on Tuesday, August 15th. Scotiabank set a $26.00 target price on Matador Resources and gave the company a “buy” rating in a report on Saturday, July 1st. Northland Securities set a $33.00 target price on Matador Resources and gave the company a “buy” rating in a report on Monday, August 21st. BMO Capital Markets set a $26.00 target price on Matador Resources and gave the company a “buy” rating in a report on Saturday, August 12th. Finally, Mizuho reissued a “hold” rating and issued a $24.00 target price on shares of Matador Resources in a report on Friday, September 29th. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $28.67.

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In other Matador Resources news, Director David M. Posner bought 4,115 shares of Matador Resources stock in a transaction that occurred on Tuesday, August 8th. The shares were purchased at an average cost of $24.10 per share, for a total transaction of $99,171.50. Following the completion of the transaction, the director now owns 6,274 shares of the company’s stock, valued at approximately $151,203.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 11.90% of the company’s stock.

Matador Resources Company Profile

Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. The Company’s segments include exploration and production, and midstream.

Earnings History for Matador Resources (NYSE:MTDR)

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