Insider Buying: Matador Resources (NYSE:MTDR) CEO Buys $36,641.12 in Stock

Matador Resources Company (NYSE:MTDRGet Free Report) CEO Joseph Wm Foran bought 709 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average price of $51.68 per share, for a total transaction of $36,641.12. Following the acquisition, the chief executive officer directly owned 15,617 shares in the company, valued at $807,086.56. The trade was a 4.76% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

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

  • On Thursday, August 13th, Joseph Wm Foran purchased 5,000 shares of Matador Resources stock. The shares were bought at an average price of $51.44 per share, with a total value of $257,200.00.
  • On Wednesday, August 12th, Joseph Wm Foran acquired 10,000 shares of Matador Resources stock. The stock was bought at an average cost of $52.16 per share, with a total value of $521,600.00.
  • On Monday, August 10th, Joseph Wm Foran bought 3,130 shares of Matador Resources stock. The shares were bought at an average cost of $51.04 per share, for a total transaction of $159,755.20.
  • On Tuesday, June 9th, Joseph Wm Foran purchased 2,000 shares of Matador Resources stock. The stock was bought at an average cost of $53.07 per share, with a total value of $106,140.00.
  • On Thursday, June 4th, Joseph Wm Foran bought 2,000 shares of Matador Resources stock. The stock was purchased at an average price of $56.25 per share, with a total value of $112,500.00.
  • On Friday, May 29th, Joseph Wm Foran purchased 482 shares of Matador Resources stock. The shares were purchased at an average cost of $52.70 per share, for a total transaction of $25,401.40.
  • On Wednesday, May 27th, Joseph Wm Foran acquired 4,675 shares of Matador Resources stock. The stock was purchased at an average price of $52.36 per share, with a total value of $244,783.00.

Matador Resources Price Performance

Shares of NYSE MTDR opened at $53.61 on Friday. The company has a market capitalization of $6.63 billion, a PE ratio of 9.20 and a beta of 0.76. The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 0.67. The stock’s 50 day moving average price is $51.13 and its 200-day moving average price is $53.96. Matador Resources Company has a twelve month low of $37.14 and a twelve month high of $66.84.

Matador Resources (NYSE:MTDRGet Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The energy company reported $2.61 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.53. Matador Resources had a return on equity of 13.18% and a net margin of 19.85%.The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period last year, the company posted $1.53 earnings per share. Matador Resources’s quarterly revenue was up 32.5% compared to the same quarter last year. On average, equities analysts anticipate that Matador Resources Company will post 7.11 EPS for the current year.

Matador Resources Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $1.50 annualized dividend and a dividend yield of 2.8%. Matador Resources’s dividend payout ratio (DPR) is currently 25.73%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on MTDR shares. Truist Financial reduced their price target on shares of Matador Resources from $63.00 to $59.00 and set a “buy” rating for the company in a research report on Monday, August 10th. UBS Group increased their target price on shares of Matador Resources from $54.00 to $56.00 and gave the company a “neutral” rating in a research report on Monday, August 10th. Morgan Stanley decreased their price target on shares of Matador Resources from $75.00 to $66.00 and set an “equal weight” rating for the company in a research note on Monday, June 29th. Stephens lifted their price target on shares of Matador Resources from $92.00 to $93.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. Finally, Wall Street Zen upgraded Matador Resources from a “hold” rating to a “buy” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $66.07.

View Our Latest Analysis on Matador Resources

Matador Resources News Roundup

Here are the key news stories impacting Matador Resources this week:

  • Positive Sentiment: CEO Joseph Wm. Foran purchased 10,000 shares for approximately $521,600 on August 12 and another 5,000 shares for $257,200 on August 13. These purchases followed additional recent buying, bringing his direct ownership to 30,617 shares. EVP William Thomas Elsener also bought 850 shares. The concentrated insider activity may signal that management views MTDR as undervalued. SEC insider transaction filing
  • Positive Sentiment: Wells Fargo raised its price target from $63 to $79, implying significant potential upside, even while maintaining an “equal weight” rating. Siebert Williams Shank also reiterated a “buy” rating, supporting the view that analysts see additional value in the shares. Wells Fargo price target update Siebert Williams Shank rating
  • Positive Sentiment: Matador’s second-quarter earnings exceeded expectations, with earnings per share of $2.61 versus the $2.08 consensus and revenue of $1.17 billion versus $1.06 billion expected. Revenue rose 32.5% year over year, reinforcing the company’s operating momentum. Matador Resources earnings information
  • Positive Sentiment: Recent analysis highlights Matador’s midstream infrastructure and connectivity in the Delaware Basin, which may improve access to markets, increase acreage value and support the economics of future drilling. Delaware Basin midstream analysis
  • Neutral Sentiment: Analysts give MTDR a consensus “Moderate Buy” rating, but recent target changes are mixed. KeyCorp lowered its target from $73 to $68 while retaining an “overweight” rating, suggesting continued confidence tempered by near-term uncertainty. Matador Resources analyst consensus KeyCorp price target update
  • Negative Sentiment: Investors continue to monitor 2026 headwinds, including commodity-price conditions, production expectations and spending plans. These factors could limit the near-term benefit of the earnings beat and create volatility for the energy producer. Matador Resources earnings call analysis

Institutional Investors Weigh In On Matador Resources

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Morningstar Investment Management LLC bought a new position in Matador Resources during the first quarter worth about $2,630,000. Peterson Wealth Services increased its stake in shares of Matador Resources by 333.7% in the fourth quarter. Peterson Wealth Services now owns 51,356 shares of the energy company’s stock worth $2,180,000 after purchasing an additional 39,516 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of Matador Resources by 2.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,054,232 shares of the energy company’s stock valued at $44,742,000 after purchasing an additional 21,630 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH raised its position in shares of Matador Resources by 17.9% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 233,212 shares of the energy company’s stock valued at $9,898,000 after purchasing an additional 35,366 shares during the period. Finally, Copeland Capital Management LLC lifted its stake in shares of Matador Resources by 19.6% during the 4th quarter. Copeland Capital Management LLC now owns 1,426,505 shares of the energy company’s stock valued at $60,541,000 after buying an additional 233,423 shares in the last quarter. 91.98% of the stock is currently owned by institutional investors.

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.

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Insider Buying and Selling by Quarter for Matador Resources (NYSE:MTDR)

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