MTDR - Matador Resources Co Stock Price, Fair Value and News

65.29USD+0.15 (+0.23%)Market Closed

Market Summary

USD65.29+0.15

Market Closed

0.23%

MTDR Stock Price

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MTDR RSI Chart

MTDR Valuation

Market Cap

7.8B

Price/Earnings (Trailing)

9.07

Price/Sales (Trailing)

2.77

EV/EBITDA

4.01

Price/Free Cashflow

4.18

MTDR Price/Sales (Trailing)

MTDR Profitability

EBT Margin

38.91%

Return on Equity

21.99%

Return on Assets

11.13%

Free Cashflow Yield

23.94%

MTDR Fundamentals

MTDR Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

18.09%

Rev. Growth (Qtr)

7.84%

MTDR Earnings

Earnings (TTM)

860.2M

Earnings Growth (Yr)

2.3%

Earnings Growth (Qtr)

-8.84%

Breaking Down MTDR Revenue

Last 7 days

-2.7%

Last 30 days

-4.0%

Last 90 days

20.3%

Trailing 12 Months

28.2%

How does MTDR drawdown profile look like?

MTDR Financial Health

Current Ratio

1.04

MTDR Investor Care

Dividend Yield

Dividend/Share (TTM)

0.65

Shares Dilution (1Y)

0.38%

Diluted EPS (TTM)

7.05

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	3.1B	2.8B	2.7B	2.8B
2022	2.2B	2.7B	3.1B	3.2B
2021	889.4M	1.2B	1.5B	1.9B
2020	1.2B	1.1B	1.1B	924.8M
2019	818.6M	840.5M	881.9M	1.0B
2018	594.5M	677.3M	774.1M	829.7M
2017	354.6M	438.1M	475.7M	544.3M
2016	289.8M	257.8M	247.6M	264.4M
2015	432.3M	411.3M	398.1M	317.6M
2014	278.8M	319.7M	360.5M	438.8M
2013	205.2M	207.5M	240.9M	259.2M
2012	82.4M	116.1M	132.4M	175.1M
2011	48.6M	54.7M	60.8M	66.9M
2010	0	0	0	42.5M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Matador Resources Co

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 17, 2024	willey brian j	sold (taxes)	-90,596	59.33	-1,527	evp and cfo
Feb 17, 2024	macalik robert t	sold (taxes)	-90,596	59.33	-1,527	evp, chief accounting officer
Feb 17, 2024	elsener william thomas	sold (taxes)	-90,596	59.33	-1,527	evp, reservoir engineering
Feb 16, 2024	willey brian j	sold (taxes)	-61,929	58.98	-1,050	evp and cfo
Feb 16, 2024	elsener william thomas	sold (taxes)	-61,929	58.98	-1,050	evp, reservoir engineering
Feb 16, 2024	macalik robert t	sold (taxes)	-61,929	58.98	-1,050	evp, chief accounting officer
Feb 14, 2024	macalik robert t	acquired	-	-	10,000	evp, chief accounting officer
Feb 06, 2024	elsener william thomas	acquired	134,985	29.68	4,548	evp, reservoir engineering
Feb 06, 2024	elsener william thomas	sold (taxes)	-183,845	53.74	-3,421	evp, reservoir engineering
Jan 24, 2024	ward susan m	acquired	-	-	1,311	-

Which funds bought or sold MTDR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Venturi Wealth Management, LLC	unchanged	-	15,856	106,832	0.01%
Apr 23, 2024	REGIONS FINANCIAL CORP	new	-	213,998	213,998	-%
Apr 23, 2024	Gradient Investments LLC	unchanged	-	139	935	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-9.19	241,000	3,884,000	0.03%
Apr 23, 2024	Hunter Perkins Capital Management, LLC	added	53.29	535,000	1,205,000	0.25%
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-26.22	-15,096	97,885	-%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	1,786	8,997	-%
Apr 23, 2024	Louisiana State Employees Retirement System	added	2.57	361,617	2,129,960	0.04%
Apr 23, 2024	WESBANCO BANK INC	new	-	1,371,720	1,371,720	0.05%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	227,000	1,529,000	0.06%

Are Funds Buying or Selling MTDR?

Are funds buying MTDR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MTDR

No. of Funds

Unveiling Matador Resources Co's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	9.25%	11,020,992	SC 13G/A
Jan 23, 2024	blackrock inc.	12.0%	14,266,998	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	4.1%	4,843,419	SC 13G/A
Feb 09, 2023	vanguard group inc	9.69%	11,454,049	SC 13G/A
Jan 26, 2023	blackrock inc.	11.6%	13,726,498	SC 13G/A
Jan 20, 2023	blackrock inc.	11.6%	13,726,498	SC 13G
Feb 08, 2022	dimensional fund advisors lp	5.6%	6,615,666	SC 13G/A
Jan 27, 2022	blackrock inc.	14.6%	17,085,728	SC 13G/A
Jan 26, 2022	blackrock inc.	14.6%	17,085,728	SC 13G/A
Feb 16, 2021	state street corp	4.68%	5,470,321	SC 13G/A

Recent SEC filings of Matador Resources Co

View All Filings

Date Filed	Form Type	Document
Apr 23, 2024	8-K	Current Report
Apr 19, 2024	3	Insider Trading
Apr 19, 2024	3	Insider Trading
Apr 19, 2024	3	Insider Trading
Apr 17, 2024	8-K	Current Report
Apr 12, 2024	8-K	Current Report
Apr 02, 2024	8-K	Current Report
Mar 28, 2024	8-K	Current Report
Mar 27, 2024	8-K	Current Report
Mar 26, 2024	8-K	Current Report

Peers (Alternatives to Matador Resources Co)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	480.3B	344.6B	6.63%	2.38%	13.34	1.39	-16.70%	-35.40%
CVX	303.9B	200.9B	5.29%	-5.04%	14.22	1.51	-18.40%	-39.75%
OXY	59.2B	28.9B	5.61%	7.38%	12.61	2.05	-22.04%	-64.70%
MRO	15.9B	6.6B	2.69%	12.54%	10.22	2.39	-17.41%	-56.98%
CHK	11.9B	8.7B	2.61%	7.38%	4.9	1.36	-25.73%	-50.99%
MID-CAP
RRC	8.5B	2.2B	10.15%	42.39%	17.6	3.86	-62.59%	-77.29%
HP	4.2B	2.8B	2.54%	14.07%	9.7	1.48	19.47%	177.97%
CNX	3.7B	3.4B	5.94%	53.51%	2.13	1.07	172.35%	1311.12%
KOS	2.8B	1.7B	0.34%	-14.77%	13.14	1.65	-26.01%	-5.75%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	289.7M	307.6M	16.98%	4.99%	0.74	0.94	-32.91%	578.62%
AMTX	166.2M	186.7M	-30.16%	80.93%	-3.58	0.89	-27.21%	56.92%
BATL	84.1M	220.8M	-8.07%	-26.71%	-27.59	0.38	-38.52%	-116.44%
AE	75.2M	2.7B	13.76%	-21.15%	354.73	0.03	-18.46%	-93.92%
BRN	27.2M	23.9M	18.14%	3.70%	-10.01	1.14	-21.86%	-149.09%

Matador Resources Co News

Latest updates

Matador Resources Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	7.8%	832	772	650	564	705	854	975	663	562	521	443	336	184	222	147	372	332	264	234	174	209
Costs and Expenses	8.8%	471	432	386	309	336	358	349	256	241	242	212	174	283	425	498	178	224	193	165	166	142
S&GA Expenses	-7.0%	29.00	32.00	27.00	22.00	35.00	28.00	24.00	30.00	25.00	25.00	24.00	22.00	17.00	15.00	15.00	16.00	22.00	20.00	20.00	18.00	14.00
EBITDA Margin	0.0%	0.69*	0.69*	0.70*	0.71*	0.69*	0.70*	0.68*	0.63*	0.61*	0.51*	0.25*	-0.31*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.8%	36.00	35.00	34.00	16.00	16.00	16.00	18.00	16.00	19.00	18.00	18.00	20.00	20.00	18.00	18.00	20.00	20.00	18.00	18.00	18.00	14.00
Income Taxes	293.9%	57.00	15.00	57.00	57.00	81.00	114	136	69.00	73.00	-6.70	5.00	3.00	-2.23	26.00	-109	40.00	10.00	13.00	13.00	-1.01	-7.69
Earnings Before Taxes	13.8%	333	293	234	236	353	468	572	293	304	211	127	72.00	-78.82	-239	-455	175	44.00	67.00	58.00	-10.50	136
EBT Margin	-6.2%	0.39*	0.41*	0.47*	0.53*	0.53*	0.54*	0.51*	0.43*	0.38*	0.22*	-0.10*	-0.79*	-	-	-	-	-	-	-	-	-
Net Income	-8.8%	240	264	177	179	235	338	436	224	202	204	122	69.00	-97.87	-276	-345	135	16.00	44.00	45.00	-9.48	131
Net Income Margin	-3.9%	0.31*	0.32*	0.33*	0.38*	0.39*	0.39*	0.39*	0.34*	0.32*	0.20*	-0.15*	-0.73*	-	-	-	-	-	-	-	-	-
Free Cashflow	34.1%	618	461	449	340	447	557	646	329	335	291	258	169	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.9%	7,727	7,439	7,132	5,782	5,555	5,305	4,964	4,567	4,262	3,985	3,835	3,739	3,687	3,786	4,001	4,334	4,070	3,937	3,751	3,583	3,456
Current Assets	0.6%	716	711	634	1,006	1,072	927	801	536	371	397	334	257	262	237	227	357	278	269	273	230	306
Cash Equivalents	103.1%	53.00	26.00	22.00	449	505	400	230	63.00	48.00	73.00	45.00	18.00	91.00	42.00	21.00	27.00	65.00	16.00	60.00	21.00	84.00
Net PPE	4.2%	6,956	6,676	6,439	4,706	4,418	4,318	4,104	3,996	3,857	3,536	3,462	3,437	3,368	3,483	3,663	3,887	3,700	3,560	3,383	3,277	3,123
Current Liabilities	-5.1%	685	722	687	601	576	625	609	538	465	473	423	376	291	286	345	360	400	403	337	328	330
Shareholder's Equity	6.8%	3,911	3,663	3,617	3,456	3,111	3,066	2,742	2,337	2,127	1,908	1,702	1,581	1,513	1,578	1,819	2,154	1,969	1,912	1,841	1,792	1,780
Retained Earnings	14.9%	1,777	1,546	1,300	1,153	1,008	766	440	30.00	-171	-380	-580	-683	-741	-652	-376	-22.77	-148	-172	-216	-253	-236
Additional Paid-In Capital	0.6%	2,133	2,121	2,107	2,100	2,102	2,095	2,091	2,088	2,078	2,069	2,062	2,044	23.00	2,025	2,020	21.00	28.00	1,971	1,956	1,946	1,924
Accumulated Depreciation	4.4%	5,229	5,009	4,816	4,639	4,512	4,381	4,262	4,142	4,046	3,957	3,868	3,776	3,702	3,502	3,163	2,746	2,656	2,555	2,463	2,384	2,307
Shares Outstanding	0.3%	119	119	119	119	119	118	118	118	117	117	117	117	-	-	-	-	-	-	-	-	-
Minority Interest	2.0%	217	213	215	203	206	207	213	219	220	220	222	221	226	206	175	163	136	117	104	101	91.00
Float	-	-	-	5,764	-	-	-	5,189	-	-	-	3,980	-	-	-	931	-	-	-	2,188	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	34.1%	618,347	460,970	449,011	339,500	446,523	556,960	646,302	328,954	334,529	291,231	258,200	169,395	157,623	109,574	101,013	109,372	198,915	158,630	135,257	59,240	189,205
Share Based Compensation	-35.8%	2,923	4,556	3,931	2,290	4,213	3,810	4,063	3,014	3,383	2,967	1,795	855	3,151	3,369	3,286	3,794	4,760	4,664	4,489	4,587	3,413
Cashflow From Investing	-29.6%	-548,868	-423,591	-1,895,267	-343,466	-276,357	-240,116	-269,108	-251,896	-345,587	-132,556	-142,227	-108,895	-114,511	-202,394	-210,541	-248,220	-264,927	-244,355	-179,814	-214,880	-294,725
Cashflow From Financing	38.2%	-25,355	-41,043	1,008,666	-39,936	-64,556	-157,407	-215,068	-43,821	-9,813	-130,092	-85,022	-103,626	-19,632	117,215	96,241	130,515	90,334	41,769	82,607	118,368	136,496
Dividend Payments	-	-	-	-	17,768	11,752	11,750	5,844	5,866	5,840	2,915	2,913	2,913	-	-	-	-	-	-	-	-	-

MTDR Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Revenues	$ 2,817,621	$ 3,196,699	$ 1,862,075
Realized loss on derivatives	(9,575)	(157,483)	(220,105)
Unrealized (loss) gain on derivatives	(1,261)	18,809	21,011
Total revenues	2,806,785	3,058,025	1,662,981
Expenses
Production taxes, transportation and processing	264,493	282,193	178,987
Lease operating	243,655	157,105	108,964
Plant and other midstream services operating	128,910	95,522	61,459
Purchased natural gas	129,401	178,937	77,126
Depletion, depreciation and amortization	716,688	466,348	344,905
Accretion of asset retirement obligations	3,943	2,421	2,068
General and administrative	110,373	116,229	96,396
Total expenses	1,597,463	1,298,755	869,905
Operating income	1,209,322	1,759,270	793,076
Other income (expense)
Net loss on asset sales and impairment	(202)	(1,311)	(331)
Interest expense	(121,520)	(67,164)	(74,687)
Other income (expense)	8,785	(5,121)	(2,712)
Total other expense	(112,937)	(73,596)	(77,730)
Income before income taxes	1,096,385	1,685,674	715,346
Income tax provision (benefit)
Current	13,922	54,877	0
Deferred	172,104	344,480	74,710
Total income tax provision	186,026	399,357	74,710
Net income	910,359	1,286,317	640,636
Net income attributable to non-controlling interest in subsidiaries	(64,285)	(72,111)	(55,668)
Net income attributable to Matador Resources Company shareholders	$ 846,074	$ 1,214,206	$ 584,968
Earnings per common share attributable to Matador Resources Company shareholders
Basic (usd per share)	$ 7.10	$ 10.28	$ 5.00
Diluted (usd per share)	$ 7.05	$ 10.11	$ 4.91
Weighted average common shares outstanding
Basic (in shares)	119,139	118,122	116,999
Diluted (in shares)	119,980	120,131	119,163
Oil and natural gas revenues
Revenues
Revenues	$ 2,545,599	$ 2,905,738	$ 1,700,542
Third-party midstream services revenues
Revenues
Revenues	122,153	90,606	75,499
Sales of purchased natural gas
Revenues
Revenues	$ 149,869	$ 200,355	$ 86,034

MTDR Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash	$ 52,662	$ 505,179
Restricted cash	53,636	42,151
Accounts receivable
Oil and natural gas revenues	274,192	224,860
Joint interest billings	163,660	180,947
Other	35,102	48,011
Derivative instruments	2,112	3,930
Lease and well equipment inventory	41,808	15,184
Prepaid expenses and other current assets	92,700	51,570
Total current assets	715,872	1,071,832
Oil and natural gas properties, full-cost method
Evaluated	9,633,757	6,862,455
Unproved and unevaluated	1,193,257	977,502
Midstream properties	1,318,015	1,057,668
Midstream properties	40,375	32,847
Less accumulated depletion, depreciation and amortization	(5,228,963)	(4,512,275)
Net property and equipment	6,956,441	4,418,197
Other assets
Derivative instruments	558	0
Other long-term assets	54,125	64,476
Total other assets	54,683	64,476
Total assets	7,726,996	5,554,505
Current liabilities
Accounts payable	68,185	58,848
Accrued liabilities	365,848	261,310
Royalties payable	161,983	117,698
Amounts due to affiliates	28,688	32,803
Advances from joint interest owners	19,954	52,357
Other current liabilities	40,617	52,857
Total current liabilities	685,275	575,873
Long-term liabilities
Borrowings under Credit Agreement	500,000	0
Borrowings under San Mateo Credit Facility	522,000	465,000
Senior unsecured notes payable	1,184,627	695,245
Asset retirement obligations	87,485	52,985
Deferred income taxes	581,439	428,351
Other long-term liabilities	38,482	19,960
Total long-term liabilities	2,914,033	1,661,541
Commitments and contingencies (Note 14)
Shareholders' equity
Common stock — $0.01 par value, 160,000,000 shares authorized; 119,478,282 and 118,953,381 shares issued; and 119,458,674 and 118,948,624 shares outstanding, respectively	1,194	1,190
Additional paid-in capital	2,133,172	2,101,999
Retained earnings	1,776,541	1,007,642
Treasury stock, at cost, 19,608 and 4,757 shares, respectively	(45)	(34)
Total shareholders' equity	3,910,862	3,110,797
Non-controlling interest in subsidiaries	216,826	206,294
Total shareholders’ equity	4,127,688	3,317,091
Total liabilities and shareholders’ equity	$ 7,726,996	$ 5,554,505

About Matador Resources Co

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. It also operates the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. In addition, the company conducts midstream operations in support of its exploration, development, and production operations. Further, it provides natural gas processing and oil transportation services; and oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. The company was formerly known as Matador Holdco, Inc. and changed its name to Matador Resources Company in August 2011. Matador Resources Company was founded in 2003 and is headquartered in Dallas, Texas.

CEO	Mr. Joseph Wm. Foran
WEBSITE	matadorresources.com
INDUSTRY	Oil - E&P
EMPLOYEES	360

Matador Resources Co Frequently Asked Questions

What is the ticker symbol for Matador Resources Co? What does MTDR stand for in stocks?

MTDR is the stock ticker symbol of Matador Resources Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Matador Resources Co (MTDR)?

As of Tue Apr 23 2024, market cap of Matador Resources Co is 7.79 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MTDR stock?

You can check MTDR's fair value in chart for subscribers.

What is the fair value of MTDR stock?

You can check MTDR's fair value in chart for subscribers. The fair value of Matador Resources Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Matador Resources Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MTDR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Matador Resources Co a good stock to buy?

The fair value guage provides a quick view whether MTDR is over valued or under valued. Whether Matador Resources Co is cheap or expensive depends on the assumptions which impact Matador Resources Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MTDR.

What is Matador Resources Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, MTDR's PE ratio (Price to Earnings) is 9.05 and Price to Sales (PS) ratio is 2.76. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MTDR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Matador Resources Co's stock?

In the past 10 years, Matador Resources Co has provided 0.089 (multiply by 100 for percentage) rate of return.