News stories about Matador Resources (NYSE:MTDR) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Matador Resources earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned headlines about the energy company an impact score of 46.9985037061086 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Several brokerages have issued reports on MTDR. Mizuho set a $28.00 target price on shares of Matador Resources and gave the stock a “hold” rating in a report on Saturday, November 25th. Imperial Capital lifted their target price on shares of Matador Resources from $35.00 to $36.00 and gave the stock an “outperform” rating in a report on Wednesday, November 8th. Royal Bank of Canada lifted their target price on shares of Matador Resources from $29.00 to $30.00 and gave the stock an “outperform” rating in a report on Monday, November 13th. Northland Securities set a $35.00 target price on shares of Matador Resources and gave the stock a “buy” rating in a report on Monday, November 13th. Finally, Barclays lifted their target price on shares of Matador Resources from $25.00 to $28.00 and gave the stock an “equal weight” rating in a report on Monday, November 20th. Six equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $31.81.
Matador Resources (NYSE:MTDR) opened at $29.36 on Wednesday. The company has a current ratio of 0.60, a quick ratio of 0.58 and a debt-to-equity ratio of 0.58. Matador Resources has a twelve month low of $20.13 and a twelve month high of $33.96. The firm has a market cap of $3,180.00, a P/E ratio of 14.90, a PEG ratio of 0.70 and a beta of 1.20.
In related news, Director David M. Posner acquired 1,035 shares of the firm’s stock in a transaction dated Monday, December 4th. The stock was purchased at an average cost of $28.92 per share, with a total value of $29,932.20. Following the completion of the acquisition, the director now directly owns 6,274 shares of the company’s stock, valued at $181,444.08. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 11.90% of the stock is owned by insiders.
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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.
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