Matador Resources Co (NYSE:MTDR) Director Julia P. Forrester bought 730 shares of the business’s stock in a transaction on Friday, December 8th. The stock was bought at an average cost of $28.25 per share, with a total value of $20,622.50. Following the transaction, the director now owns 9,322 shares in the company, valued at approximately $263,346.50. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Matador Resources Co (NYSE:MTDR) traded down $0.33 during mid-day trading on Tuesday, hitting $27.40. 836,911 shares of the stock were exchanged, compared to its average volume of 1,540,836. Matador Resources Co has a 12-month low of $20.13 and a 12-month high of $29.76. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.58 and a current ratio of 0.60. The company has a market cap of $2,994.22, a P/E ratio of 51.13, a price-to-earnings-growth ratio of 1.35 and a beta of 1.16.

Matador Resources (NYSE:MTDR) last issued its quarterly earnings data on Monday, November 6th. The energy company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.08. Matador Resources had a net margin of 40.30% and a return on equity of 5.99%. The firm had revenue of $126.28 million during the quarter, compared to the consensus estimate of $123.62 million. During the same quarter in the previous year, the firm posted $0.06 EPS. The company’s revenue for the quarter was up 42.3% compared to the same quarter last year. sell-side analysts expect that Matador Resources Co will post 0.63 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State Street Corp lifted its stake in shares of Matador Resources by 40.5% during the 2nd quarter. State Street Corp now owns 4,756,810 shares of the energy company’s stock valued at $101,655,000 after buying an additional 1,370,196 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of Matador Resources by 3,072.3% during the 2nd quarter. Principal Financial Group Inc. now owns 398,282 shares of the energy company’s stock valued at $8,511,000 after buying an additional 385,727 shares in the last quarter. TD Asset Management Inc. lifted its stake in shares of Matador Resources by 2.5% during the 2nd quarter. TD Asset Management Inc. now owns 36,200 shares of the energy company’s stock valued at $774,000 after buying an additional 897 shares in the last quarter. Northpointe Capital LLC lifted its stake in shares of Matador Resources by 9.7% during the 3rd quarter. Northpointe Capital LLC now owns 400,228 shares of the energy company’s stock valued at $10,866,000 after buying an additional 35,248 shares in the last quarter. Finally, Neuberger Berman Group LLC lifted its stake in shares of Matador Resources by 88.5% during the 2nd quarter. Neuberger Berman Group LLC now owns 4,959,286 shares of the energy company’s stock valued at $105,980,000 after buying an additional 2,328,250 shares in the last quarter. Institutional investors own 85.37% of the company’s stock.

A number of equities research analysts have commented on MTDR shares. Zacks Investment Research raised shares of Matador Resources from a “sell” rating to a “hold” rating in a research report on Tuesday, August 15th. Northland Securities set a $33.00 target price on shares of Matador Resources and gave the stock a “buy” rating in a research report on Monday, August 21st. Stifel Nicolaus reaffirmed a “buy” rating and issued a $33.00 target price on shares of Matador Resources in a research report on Thursday, September 7th. BidaskClub downgraded shares of Matador Resources from a “buy” rating to a “hold” rating in a research report on Tuesday, September 12th. Finally, Scotiabank reissued a “buy” rating on shares of Matador Resources in a research report on Tuesday, September 26th. Seven equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Matador Resources currently has a consensus rating of “Buy” and a consensus target price of $29.88.

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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.

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

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