Matador Resources Company (MTDR) |
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Price: $66.5600
$0.17
0.256%
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Day's High:
| $67.18
| Week Perf:
| 2.83 %
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Day's Low: |
$ 65.98 |
30 Day Perf: |
18.27 % |
Volume (M): |
2,854 |
52 Wk High: |
$ 67.71 |
Volume (M$): |
$ 189,982 |
52 Wk Avg: |
$55.35 |
Open: |
$66.27 |
52 Wk Low: |
$42.04 |
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Market Capitalization (Millions $) |
7,988 |
Shares
Outstanding (Millions) |
120 |
Employees |
165 |
Revenues (TTM) (Millions $) |
2,673 |
Net Income (TTM) (Millions $) |
828 |
Cash Flow (TTM) (Millions $) |
-335 |
Capital Exp. (TTM) (Millions $) |
1,632 |
Matador Resources Company
We are an independent energy company engaged in the exploration, development,
production and acquisition of oil and natural gas resources in the United States,
with an emphasis on oil and natural gas shale and other unconventional plays.
Our current operations are focused primarily on the oil and liquids-rich portion
of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New
Mexico and West Texas. We also operate in the Eagle Ford shale play in South
Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana
and East Texas. Additionally, we conduct midstream operations primarily, as
of February 17, 2017, through our midstream joint venture, San Mateo Midstream,
LLC (“San Mateo” or the “Joint Venture”), in support
of our exploration, development and production operations and provide natural
gas processing, natural gas, oil and salt water gathering services and salt
water disposal services to third parties on a limited basis.
We are a Texas corporation founded in July 2003 by Joseph Wm. Foran, Chairman
and CEO. Mr. Foran began his career as an oil and natural gas independent in
1983 when he founded Foran Oil Company with $270,000 in contributed capital
from 17 friends and family members. Foran Oil Company was later contributed
to Matador Petroleum Corporation upon its formation by Mr. Foran in 1988. Mr.
Foran served as Chairman and Chief Executive Officer of that company from its
inception until it was sold in June 2003 to Tom Brown, Inc., in an all cash
transaction for an enterprise value of approximately $388.5 million.
On February 2, 2012, our common stock began trading on the New York Stock Exchange
(the “NYSE”) under the symbol “MTDR.” Prior to trading
on the NYSE, there was no established public trading market for our common stock.
Our goal is to increase shareholder value by building oil and natural gas reserves,
production and cash flows at an attractive rate of return on invested capital.
We plan to achieve our goal by, among other items, executing the following business
strategies:
focus our exploration and development activities primarily on unconventional
plays, including the Wolfcamp and Bone Spring plays in the Delaware Basin, the
Eagle Ford shale in South Texas and the Haynesville shale and Cotton Valley
plays in Northwest Louisiana and East Texas;
identify, evaluate and develop additional oil and natural gas plays as necessary
to maintain a balanced portfolio of oil and natural gas properties;
continue to improve operational and cost efficiencies;
identify and develop midstream opportunities that support and enhance our exploration
and development activities;
maintain our financial discipline; and
pursue opportunistic acquisitions, divestitures and joint ventures.
Company Address: 5400 LBJ Freeway, Dallas, 75240 TX
Company Phone Number: 371-5200 Stock Exchange / Ticker: NYSE MTDR
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Customers Net Income grew by |
MTDR's Customers Net Profit Margin grew to |
147.84 % |
5.07 %
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Stock Performances by Major Competitors |
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Dividend
Published Tue, Feb 13 2024 9:18 PM UTC
The recent announcement made by Matador Resources Company regarding the declaration of a quarterly cash dividend of $0.20 per share of common stock has sparked interest among shareholders and investors alike. This move comes amidst a period of fluctuating stock prices for the company, with shares dropping by -0.24% over the past 30 days but improving by 3.35% in the las...
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Management Changes
Published Thu, Jan 25 2024 11:00 AM UTC
Matador Resources Company (NYSE: MTDR) has recently appointed Ms. Susan M. Ward as a new member to its Board of Directors. Ms. Ward, who served as a Senior Executive at Shell Oil Company for 12 years and retired in 2019 after over 20 years of service, brings a wealth of experience and expertise to the position. During her time at Shell, Ms. Ward held several senior role...
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Business Update
Published Mon, Nov 13 2023 9:15 PM UTC
Matador Resources Company (NYSE: MTDR) has recently provided an encouraging operational update, showcasing the successful acquisition of 21 Margarita wells and further strengthening its financial position. Despite reporting a decrease in revenue during the second quarter of 2023, Matador Resources has outperformed its competitors in terms of profitability and net i...
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Matador Resources Company
Matador Resources Company, an oil and gas exploration and production company, experienced a significant decline in income per share for the fiscal interval ending on June 30, 2023. The income per share decreased by -60.52% to $1.37 compared to $3.47 in the previous year. However, there was a slight improvement of 0.74% from $1.36 per share in the prior reporting season. Similarly, the company's revenue saw a decline of -32.401%, amounting to $638.08 million compared to $943.93 million in the corresponding reporting season a year ago. However, there was a sequential increase in revenue by 13.887% from $560.28 million.
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Matador Resources Company
The stock market can be unpredictable and sensitive to various fluctuations, whether they be political, economic, or company-specific. As avid investors, it's essential to keep a close eye on the latest news, which can impact stock performance positively or negatively. Recently, Matador Resources Company (MTDR) announced disappointing earnings that may have some investors worried. From January to March 31, 2023, the company's earnings per share (eps) deteriorated by -21.39 % to $1.36 from $1.73, and revenue sunk by -0.957 % to $560.28 million year on year. This news may have a significant impact on the stock market, specifically MTDR's stock price, as it can directly influence investors' sentiment.
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Per Share |
Current |
Earnings (TTM) |
6.32 $ |
Revenues (TTM) |
22.28 $
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Cash Flow (TTM) |
- |
Cash |
0.44 $
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Book Value |
34.39 $
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Dividend (TTM) |
2.11 $ |
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Per Share |
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Earnings (TTM) |
6.32 $
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Revenues (TTM) |
22.28 $ |
Cash Flow (TTM) |
- |
Cash |
0.44 $
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Book Value |
34.39 $ |
Dividend (TTM) |
2.11 $ |
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