Matador Resources (MTDR)
(Delayed Data from NYSE)
$50.49 USD
+1.07 (2.17%)
Updated Oct 1, 2024 04:00 PM ET
After-Market: $50.51 +0.02 (0.04%) 7:58 PM ET
5-Strong Sell of 5 5
B Value A Growth D Momentum B VGM
Company Summary
Headquartered in Dallas, TX, Matador Resources Company is among the leading oil and gas explorer in the shale and unconventional resources in the United States. The company’s upstream operations are primarily concentrated in the in the Delaware and Midland basins — two sub-basins of Permian — and South Texas’ Eagle Ford shale. The company, founded in 1983, also operates in the Cotton Valley and Haynesville shale resources.
Overall, the company’s prime intention is to create more value for shareholders and to generate lucrative returns from the capital ...
Company Summary
Headquartered in Dallas, TX, Matador Resources Company is among the leading oil and gas explorer in the shale and unconventional resources in the United States. The company’s upstream operations are primarily concentrated in the in the Delaware and Midland basins — two sub-basins of Permian — and South Texas’ Eagle Ford shale. The company, founded in 1983, also operates in the Cotton Valley and Haynesville shale resources.
Overall, the company’s prime intention is to create more value for shareholders and to generate lucrative returns from the capital invested in unconventional plays. The company is also committed toward developing and evaluating additional resources that will boost oil and natural gas production, proved reserves and cashflows. In fact, Matador Resources emphasized that it has successfully widened its reserve base and production of commodities despite a challenging business scenario owing to volatile oil and gas prices since 2014.
Total proved oil and gas reserves of Matador Resources grew 29% year over year through 2023 to 460.1 billion Boe. Of the total amount, 59% was oil. In addition, 97% was from the Delaware Basin.
Through San Mateo Midstream, LLC — joint venture between an affiliate of Matador and Five Point Energy LLC — the company conducts midstream businesses to support upstream operations. Starting from transporting oil, gathering natural gas, crude and salt water, Matador’s midstream operations also comprises of processing natural gas.
There is ample demand for midstream infrastructures like oil and gas transportation as well as gathering assets in the U.S. shale plays like the Permian Basin. Since 2012, the company’s midstream business has come a long way as it currently captures more than $1 billion in value compared to some negligible figures at the beginning.
General Information
Matador Resources Company
5400 LBJ Freeway Suite 1500
Dallas, TX 75240
Phone: 972-371-5200
Fax: 972-371-5201
Web: http://www.matadorresources.com
Email: investors@matadorresources.com
Industry | Oil and Gas - Exploration and Production - United States |
Sector | Oils-Energy |
Fiscal Year End | December |
Last Reported Quarter | 9/30/2024 |
Earnings Date | 10/22/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.78 |
Current Year EPS Consensus Estimate | 7.50 |
Estimated Long-Term EPS Growth Rate | NA |
Earnings Date | 10/22/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 49.42 |
52 Week High | 71.08 |
52 Week Low | 47.15 |
Beta | 3.26 |
20 Day Moving Average | 1,631,266.00 |
Target Price Consensus | 77.38 |
4 Week | -12.87 |
12 Week | -16.29 |
YTD | -13.09 |
4 Week | -14.60 |
12 Week | -19.05 |
YTD | -28.06 |
Shares Outstanding (millions) | 124.82 |
Market Capitalization (millions) | 6,168.42 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 1.62% |
Annual Dividend | $0.80 |
Payout Ratio | 0.11 |
Change in Payout Ratio | 0.06 |
Last Dividend Payout / Amount | 8/15/2024 / $0.20 |
Fundamental Ratios
P/E (F1) | 6.59 |
Trailing 12 Months | 6.49 |
PEG Ratio | NA |
vs. Previous Year | 44.37% |
vs. Previous Quarter | 19.88% |
vs. Previous Year | 32.76% |
vs. Previous Quarter | 7.55% |
Price/Book | 1.27 |
Price/Cash Flow | 3.83 |
Price / Sales | 1.90 |
6/30/24 | 21.12 |
3/31/24 | 20.62 |
12/31/23 | 21.54 |
6/30/24 | 11.58 |
3/31/24 | 10.98 |
12/31/23 | 11.56 |
6/30/24 | 0.86 |
3/31/24 | 0.89 |
12/31/23 | 1.04 |
6/30/24 | 0.82 |
3/31/24 | 0.84 |
12/31/23 | 0.98 |
6/30/24 | 28.48 |
3/31/24 | 27.62 |
12/31/23 | 28.92 |
6/30/24 | 29.01 |
3/31/24 | 28.89 |
12/31/23 | 30.14 |
6/30/24 | 37.98 |
3/31/24 | 37.60 |
12/31/23 | 39.06 |
6/30/24 | 38.90 |
3/31/24 | 37.15 |
12/31/23 | 34.65 |
6/30/24 | 15.11 |
3/31/24 | 15.05 |
12/31/23 | 16.32 |
6/30/24 | 0.41 |
3/31/24 | 0.43 |
12/31/23 | 0.53 |
6/30/24 | 28.98 |
3/31/24 | 29.84 |
12/31/23 | 34.84 |