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Matador ResourcesNYSE: MTDR

Profile

Sector:

Energy

Country:

United States

IPO:

02 February 2012

Next earnings report:

21 February 2025

Last dividends:

15 August 2024

Next dividends:

15 November 2024
$6.44 B
-26%vs. 3y high
75%vs. sector
-64%vs. 3y high
22%vs. sector
-64%vs. 3y high
50%vs. sector
-46%vs. 3y high
63%vs. sector

Price

after hours | Fri, 01 Nov 2024 22:00:07 GMT
$51.59-$0.56(-1.07%)
$860.14 M$987.47 M
$860.14 M$248.29 M

Analysts recommendations

Institutional Ownership

MTDR Latest News

Matador Resources Company Receives Approximately $113 Million From Sale of Piñon Midstream, LLC
businesswire.com29 October 2024 Sentiment: POSITIVE

DALLAS--(BUSINESS WIRE)--Yesterday, on October 28, 2024, Enterprise Products Partners L.P. (“Enterprise”) announced that it had completed its acquisition of Piñon Midstream, LLC (“Piñon”). Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced it had received its share of the sales proceeds, or approximately $113 million, for Matador's approximate 19% ownership interest in the parent company of Piñon. Joseph Wm. Foran, Matador's Founder, Chairman and CEO, commented,.

Matador Resources Expects Over 200,000 BOEPD In 2025 Production
seekingalpha.com25 October 2024 Sentiment: POSITIVE

Matador expects to produce over 200,000 BOEPD in 2025. This is driven by solid operational performance plus its Ameredev acquisition. MTDR is projected to generate over $7 per share in 2025 free cash flow at the current strip.

Matador Resources Company (MTDR) Q3 2024 Earnings Call Transcript
seekingalpha.com23 October 2024 Sentiment: NEUTRAL

Matador Resources Company (NYSE:MTDR ) Q3 2024 Earnings Conference Call October 23, 2024 11:00 AM ET Company Participants Mac Schmitz - VP, IR Joseph Foran - Chairman, CEO and Secretary Brian Willey - CFO, EVP and President, Midstream Operations Robert Macalik - EVP and CAO Christopher Calvert - COO and EVP Glenn Stetson - EVP, Production Edmund Frost - EVP, Geosciences Van Singleton - President-Land, A&D and Planning Conference Call Participants Neal Dingmann - Truist Scott Hanold - RBC Capital Markets Zach Parham - JPMorgan John Freeman - Raymond James Kevin MacCurdy - Pickering Energy Partners Gabe Daoud - TD Cowen Leo Mariani - ROTH Michael Scialla - Stephens Oliver Huang - Tudor Pickering Holt & Company Operator Good morning, ladies and gentlemen. Welcome to the Third Quarter 2024 Matador Resources Company Earnings Conference Call.

Matador Resources (MTDR) Beats Q3 Earnings and Revenue Estimates
zacks.com22 October 2024 Sentiment: POSITIVE

Matador Resources (MTDR) came out with quarterly earnings of $1.89 per share, beating the Zacks Consensus Estimate of $1.73 per share. This compares to earnings of $1.86 per share a year ago.

Matador Resources Company Increases Quarterly Cash Dividend to $0.25 Per Share
businesswire.com16 October 2024 Sentiment: POSITIVE

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that its Board of Directors revised and amended the Company's dividend policy. Pursuant to the new policy, the Company intends to pay cash dividends on its common stock of $0.25 per share per quarter, or $1.00 per share per year, beginning in the fourth quarter of 2024, which is a 25% increase from its prior policy of $0.20 per share per quarter. The Board also declared a quarterly cash.

Bear of the Day: Matador Resources (MTDR)
zacks.com11 October 2024 Sentiment: NEGATIVE

As oil slides, so will earnings.

Matador Resources Company Announces Date of Third Quarter 2024 Earnings Release
businesswire.com30 September 2024 Sentiment: POSITIVE

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced plans to release third quarter 2024 operational and financial results after the close of trading on Tuesday, October 22, 2024. Management will also host a live conference call on Wednesday, October 23, 2024, at 10:00 a.m. Central Time to review third quarter 2024 financial results and operational highlights. To access the live conference call by phone, you can use the following link http.

Matador Closes $1.83B Ameredev Deal, Expands Delaware Footprint
zacks.com24 September 2024 Sentiment: POSITIVE

MTDR closes its $1.83 billion acquisition of Ameredev assets, strengthening its Delaware Basin operations with increased production and operational efficiency for long-term growth.

Matador Resources Company: Acquisition Of Upstream Assets Set To Grow Valuation Into 2025
seekingalpha.com24 September 2024 Sentiment: POSITIVE

Matador Resources' acquisition of Ameredev II for $1.832 billion will significantly boost its enterprise value by nearly $2 billion, enhancing its Delaware Basin portfolio. The deal is strategically advantageous, as MTDR acquired Ameredev II at a bargain price compared to EnCap's 2022 valuation of $4 billion. MTDR's forward P/E ratio of 7.14X indicates the stock is undervalued, presenting a substantial upside potential into 2025.

Matador Resources Company Prices Offering of $750 Million of Senior Notes Due 2033
businesswire.com20 September 2024 Sentiment: POSITIVE

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that it has priced a private offering of $750 million of 6.250% senior unsecured notes due 2033 (the “Notes”) at a price of 100% of their face value. The offering is expected to close on September 25, 2024, subject to customary closing conditions. Matador intends to use the net proceeds from the offering to repay borrowings outstanding under Matador's credit facility, including all of th.

What type of business is Matador Resources?

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. It also operates the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. In addition, the company conducts midstream operations in support of its exploration, development, and production operations. Further, it provides natural gas processing and oil transportation services; and oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. The company sells natural gas to unaffiliated independent marketing companies and unaffiliated midstream companies. The company was formerly known as Matador Holdco, Inc. and changed its name to Matador Resources Company in August 2011. Matador Resources Company was founded in 2003 and is headquartered in Dallas, Texas.

What sector is Matador Resources in?

Matador Resources is in the Energy sector

What industry is Matador Resources in?

Matador Resources is in the Oil & Gas Equipment & Services industry

What country is Matador Resources from?

Matador Resources is headquartered in United States

When did Matador Resources go public?

Matador Resources initial public offering (IPO) was on 02 February 2012

What is Matador Resources website?

https://www.matadorresources.com

Is Matador Resources in the S&P 500?

No, Matador Resources is not included in the S&P 500 index

Is Matador Resources in the NASDAQ 100?

No, Matador Resources is not included in the NASDAQ 100 index

Is Matador Resources in the Dow Jones?

No, Matador Resources is not included in the Dow Jones index

When was Matador Resources the previous earnings report?

No data

When does Matador Resources earnings report?

The next expected earnings date for Matador Resources is 21 February 2025