Glenn Stetson Acquires 500 Shares of Matador Resources (NYSE:MTDR) Stock

Posted by Brian Himes on Jun 11th, 2026

Matador Resources Company (NYSE:MTDR – Get Free Report) COO Glenn Stetson bought 500 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were acquired at an average price of $53.41 per share, with a total value of $26,705.00. Following the acquisition, the chief operating officer owned 95,470 shares of the company’s stock, valued at $5,099,052.70. This represents a 0.53% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Matador Resources Price Performance

Shares of Matador Resources stock opened at $55.10 on Thursday. The company has a quick ratio of 0.70, a current ratio of 0.73 and a debt-to-equity ratio of 0.59. The company has a market cap of $6.84 billion, a PE ratio of 14.16 and a beta of 0.74. The business has a 50 day moving average of $58.40 and a 200 day moving average of $51.30. Matador Resources Company has a 52 week low of $37.14 and a 52 week high of $66.84.

Matador Resources (NYSE:MTDR – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The energy company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.29. The business had revenue of $941.60 million during the quarter, compared to the consensus estimate of $871.57 million. Matador Resources had a return on equity of 11.20% and a net margin of 14.41%.The firm’s quarterly revenue was down 33.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.99 earnings per share. As a group, equities research analysts forecast that Matador Resources Company will post 7.5 earnings per share for the current year.

Matador Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 8th were issued a $0.375 dividend. The ex-dividend date was Friday, May 8th. This represents a $1.50 dividend on an annualized basis and a yield of 2.7%. Matador Resources’s dividend payout ratio is 38.56%.

Institutional Investors Weigh In On Matador Resources

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Matador Resources by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 14,780,888 shares of the energy company’s stock worth $664,105,000 after buying an additional 101,613 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Matador Resources by 4.2% during 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 purchasing an additional 277,839 shares during the last quarter. State Street Corp increased its position in shares of Matador Resources by 1.9% during the 4th quarter. State Street Corp now owns 4,617,864 shares of the energy company’s stock valued at $195,982,000 after purchasing an additional 86,344 shares during the last quarter. LSV Asset Management increased its position in shares of Matador Resources by 8.8% during the 4th quarter. LSV Asset Management now owns 3,842,011 shares of the energy company’s stock valued at $163,055,000 after purchasing an additional 309,708 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Matador Resources by 65.0% during 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 purchasing an additional 1,342,145 shares during the last quarter. 91.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Citigroup decreased their price objective on Matador Resources from $77.00 to $72.00 and set a “buy” rating for the company in a report on Tuesday, May 26th. BMO Capital Markets increased their price objective on Matador Resources from $65.00 to $72.00 and gave the stock an “outperform” rating in a report on Monday, April 6th. UBS Group increased their price objective on Matador Resources from $50.00 to $52.00 and gave the stock a “neutral” rating in a report on Thursday, March 5th. Weiss Ratings downgraded Matador Resources from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Finally, Zacks Research downgraded Matador Resources from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Ten analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $65.08.

Check Out Our Latest Report on MTDR

About Matador Resources

(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.