Matador Resources (NYSE:MTDR) is scheduled to post its quarterly earnings results after the market closes on Wednesday, February 21st. Analysts expect Matador Resources to post earnings of $0.20 per share for the quarter.
Shares of Matador Resources (NYSE:MTDR) opened at $28.26 on Wednesday. Matador Resources has a 12-month low of $20.13 and a 12-month high of $33.96. The company has a market cap of $3,063.63, a price-to-earnings ratio of 14.42, a P/E/G ratio of 0.67 and a beta of 1.20. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.60 and a quick ratio of 0.58.
Several analysts recently commented on the stock. BidaskClub upgraded shares of Matador Resources from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Zacks Investment Research downgraded shares of Matador Resources from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 31st. Deutsche Bank assumed coverage on shares of Matador Resources in a research report on Thursday, February 1st. They issued a “hold” rating and a $37.00 price target for the company. SunTrust Banks set a $40.00 price target on shares of Matador Resources and gave the company a “buy” rating in a research report on Wednesday, January 24th. Finally, Northland Securities set a $33.00 price target on shares of Matador Resources and gave the company a “buy” rating in a research report on Monday, December 11th. Six investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $31.81.
ILLEGAL ACTIVITY WARNING: This story was posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The legal version of this story can be read at https://www.americanbankingnews.com/2018/02/14/matador-resources-mtdr-to-release-quarterly-earnings-on-wednesday.html.
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.
Receive News & Ratings for Matador Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Matador Resources and related companies with MarketBeat.com's FREE daily email newsletter.