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Matador Resources Company  (MTDR)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $66.5600 $0.17 0.256%
Day's High: $67.18 Week Perf: 2.83 %
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



 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
   


Customers Net Income grew by MTDR's Customers Net Profit Margin grew to

147.84 %

5.07 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CHKEW     
EOG        2.26% 
EQT   -3.24%    
OXY        3.37% 
PXD        3.52% 
SWN   -0.14%    
• View Complete Report
   



Dividend

Matador Resources Company Declares Quarterly Dividend Amid Stock Price Volatility

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...

Management Changes

Matador Resources Bolsters Leadership with Addition of Former Shell Executive and Achieves Impressive ROI in Q2 2023

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...

Business Update

Matador Resources Reports Promising Operational Update and Financial Resilience Amidst Challenging Market Conditions

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...

Matador Resources Company

Matador Resources Company Suffers Harrowing -60.52% Dip in Income Per Share Amidst Revenue Decline in FQ2 2023, Yet Finds Solace in Sequential Revenue Boost

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.

Matador Resources Company

Almost uneventful times at the company during the January to March 31 2023 three months

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.






 

Matador Resources's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Matador Resources does not provide revenue guidance.

Earnings Outlook
Matador Resources Company does not provide earnings estimates.

 
Geographic Revenue Dispersion




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