Insider Buying: Matador Resources (NYSE:MTDR) CEO Buys $244,783.00 in Stock

Posted by George Bondi on May 31st, 2026

Matador Resources Company (NYSE:MTDR – Get Free Report) CEO Joseph Wm Foran purchased 4,675 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was bought at an average cost of $52.36 per share, for a total transaction of $244,783.00. Following the purchase, the chief executive officer directly owned 6,997 shares in the company, valued at $366,362.92. This trade represents a 201.34% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Joseph Wm Foran also recently made the following trade(s):

On Friday, February 27th, Joseph Wm Foran purchased 468 shares of Matador Resources stock. The stock was bought at an average cost of $49.78 per share, for a total transaction of $23,297.04.

Matador Resources Price Performance

Matador Resources stock opened at $53.56 on Friday. The company’s fifty day moving average price is $59.38 and its 200 day moving average price is $50.41. Matador Resources Company has a 1 year low of $37.14 and a 1 year high of $66.84. The stock has a market capitalization of $6.65 billion, a P/E ratio of 13.77 and a beta of 0.81. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.70 and a current ratio of 0.73.

Matador Resources (NYSE:MTDR – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The energy company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.29. Matador Resources had a net margin of 14.41% and a return on equity of 11.20%. The firm had revenue of $941.60 million for the quarter, compared to analysts’ expectations of $871.57 million. During the same quarter last year, the company earned $1.99 EPS. The firm’s revenue for the quarter was down 33.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Matador Resources Company will post 7.36 earnings per share for the current fiscal year.

Matador Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 8th will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, May 8th. Matador Resources’s payout ratio is 38.56%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on MTDR shares. KeyCorp lifted their target price on shares of Matador Resources from $61.00 to $73.00 and gave the stock an “overweight” rating in a research note on Thursday, April 2nd. Mizuho lifted their target price on shares of Matador Resources from $74.00 to $77.00 and gave the stock an “outperform” rating in a research note on Wednesday. Weiss Ratings cut shares of Matador Resources from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 12th. BMO Capital Markets lifted their target price on shares of Matador Resources from $65.00 to $72.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. Finally, Zacks Research cut shares of Matador Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Ten equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Matador Resources has a consensus rating of “Moderate Buy” and a consensus target price of $65.08.

Read Our Latest Report on Matador Resources

Institutional Trading of Matador Resources

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Matador Resources by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 14,780,888 shares of the energy company’s stock valued at $664,105,000 after buying an additional 101,613 shares during the period. Dimensional Fund Advisors LP raised its holdings in Matador Resources by 4.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,948,104 shares of the energy company’s stock valued at $439,010,000 after buying an additional 277,839 shares during the period. State Street Corp raised its holdings in Matador Resources by 1.9% in the 4th quarter. State Street Corp now owns 4,617,864 shares of the energy company’s stock valued at $195,982,000 after buying an additional 86,344 shares during the period. LSV Asset Management raised its holdings in Matador Resources by 8.8% in the 4th quarter. LSV Asset Management now owns 3,842,011 shares of the energy company’s stock valued at $163,055,000 after buying an additional 309,708 shares during the period. Finally, Wellington Management Group LLP raised its holdings in Matador Resources by 65.0% in the 4th quarter. Wellington Management Group LLP now owns 3,406,182 shares of the energy company’s stock valued at $144,558,000 after buying an additional 1,342,145 shares during the period. 91.98% of the stock is currently owned by hedge funds and other institutional investors.

Matador Resources Company Profile

(Get Free Report)

Matador Resources Company is an independent energy firm primarily engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. The company focuses on upstream operations, utilizing horizontal drilling and hydraulic fracturing techniques to unlock hydrocarbons from key reservoirs. Its asset base includes both operated and non‐operated positions, with a particular emphasis on the Permian Basin, one of the most prolific oil-producing regions in North America.

Matador’s core operations are concentrated in the Delaware Basin segment of the Permian Basin, where it holds substantial acreage in both Reeves and Culberson counties in West Texas and Eddy and Lea counties in New Mexico.