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

64.27USD+0.17 (+0.27%)Market Closed

Market Summary

USD64.27+0.17

Market Closed

0.27%

MTDR Alerts

Big jump in Revenue (Y/Y)

MTDR Stock Price

View Fullscreen

MTDR RSI Chart

MTDR Valuation

Market Cap

8.0B

Price/Earnings (Trailing)

9.08

Price/Sales (Trailing)

2.64

EV/EBITDA

3.83

Price/Free Cashflow

4.02

MTDR Price/Sales (Trailing)

MTDR Profitability

EBT Margin

37.50%

Return on Equity

18.87%

Return on Assets

10.64%

Free Cashflow Yield

24.9%

MTDR Fundamentals

MTDR Revenue

Revenue (TTM)

3.0B

Rev. Growth (Yr)

40.59%

Rev. Growth (Qtr)

-5.55%

MTDR Earnings

Earnings (TTM)

875.0M

Earnings Growth (Yr)

18.76%

Earnings Growth (Qtr)

-21.99%

Breaking Down MTDR Revenue

Last 7 days

5.2%

Last 30 days

-6.8%

Last 90 days

16.0%

Trailing 12 Months

46.2%

How does MTDR drawdown profile look like?

MTDR Financial Health

Current Ratio

0.89

MTDR Investor Care

Dividend Yield

1.01%

Dividend/Share (TTM)

0.65

Shares Dilution (1Y)

4.70%

Diluted EPS (TTM)

7.3

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
2024	3.0B	0	0	0
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
May 07, 2024	CIM INVESTMENT MANAGEMENT INC	unchanged	-	54,485	367,101	0.11%
May 07, 2024	M&T Bank Corp	reduced	-0.41	64,543	442,735	-%
May 07, 2024	ASSETMARK, INC	reduced	-14.4	382	73,447	-%
May 07, 2024	TimesSquare Capital Management, LLC	reduced	-6.4	3,627,000	40,196,000	0.58%
May 07, 2024	Swiss National Bank	added	0.18	2,237,650	14,923,200	0.01%
May 07, 2024	Concurrent Investment Advisors, LLC	reduced	-1.33	506,789	3,701,520	0.15%
May 07, 2024	ClariVest Asset Management LLC	reduced	-0.84	257,238	1,821,290	0.19%
May 07, 2024	Empowered Funds, LLC	added	90.24	1,408,000	2,549,010	0.02%
May 07, 2024	Americana Partners, LLC	new	-	206,052	206,052	0.02%
May 07, 2024	OPPENHEIMER & CO INC	new	-	299,664	299,664	-%

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

MTDR Alerts

Big jump in Revenue (Y/Y)

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 26, 2024	10-Q	Quarterly Report
Apr 26, 2024	ARS	ARS
Apr 26, 2024	DEF 14A	DEF 14A
Apr 26, 2024	DEFA14A	DEFA14A
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

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	458.0B	341.1B	-3.65%	6.42%	13.96	1.34	-16.75%	-46.83%
CVX	300.2B	198.9B	0.78%	2.14%	14.79	1.51	-18.05%	-43.28%
OXY	56.4B	27.7B	-7.39%	7.95%	13.06	2.04	-22.75%	-55.41%
MRO	15.2B	6.6B	-8.51%	17.82%	10.61	2.3	-15.57%	-47.38%
CHK	11.6B	6.4B	-2.01%	13.18%	10.97	1.8	-54.63%	-85.10%
MID-CAP
RRC	9.0B	2.2B	3.10%	44.71%	18.61	4.08	-62.59%	-77.29%
HP	3.8B	2.7B	-11.14%	20.77%	10.75	1.38	2.93%	8.77%
CNX	3.6B	2.5B	-2.36%	51.35%	3.55	1.42	-6.59%	-31.79%
KOS	2.8B	1.7B	1.69%	-5.21%	12.77	1.64	-15.13%	-28.06%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	283.6M	304.0M	2.58%	1.42%	9.27	0.93	-28.78%	-93.34%
AMTX	176.4M	186.7M	-21.14%	114.51%	-3.8	0.94	-27.21%	56.92%
BATL	93.1M	220.8M	-14.63%	-12.52%	-30.56	0.42	-38.52%	-116.44%
AE	71.6M	2.7B	-6.97%	-25.60%	337.78	0.03	-18.46%	-93.92%
BRN	28.7M	23.9M	12.16%	5.54%	-10.57	1.2	-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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-5.5%	788	834	772	650	560	705	854	975	663	562	521	443	336	184	222	147	372	332	264	234	174
Costs and Expenses	-0.4%	469	471	432	386	309	336	358	349	256	241	242	212	174	283	425	498	178	224	193	165	166
S&GA Expenses	0.5%	30.00	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
EBITDA Margin	0.0%	0.69*	0.69*	0.69*	0.70*	0.71*	0.69*	0.70*	0.68*	0.63*	0.61*	0.51*	0.25*	-	-	-	-	-	-	-	-	-
Interest Expenses	10.8%	40.00	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
Income Taxes	16.2%	67.00	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
Earnings Before Taxes	-16.0%	280	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
EBT Margin	-3.6%	0.38*	0.39*	0.41*	0.47*	0.53*	0.53*	0.54*	0.51*	0.43*	0.38*	0.22*	-0.10*	-	-	-	-	-	-	-	-	-
Net Income	-22.0%	194	248	264	177	163	235	338	436	224	202	204	122	69.00	-97.87	-276	-345	135	16.00	44.00	45.00	-9.48
Net Income Margin	-5.8%	0.29*	0.31*	0.32*	0.33*	0.38*	0.39*	0.39*	0.39*	0.34*	0.32*	0.20*	-0.15*	-	-	-	-	-	-	-	-	-
Free Cashflow	-24.2%	469	618	461	449	340	447	557	646	329	335	291	258	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	6.5%	8,227	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
Current Assets	5.3%	754	716	711	634	1,006	1,072	927	801	536	371	397	334	257	262	237	227	357	278	269	273	230
Cash Equivalents	-55.9%	23.00	53.00	26.00	22.00	449	547	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
Net PPE	6.1%	7,379	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
Current Liabilities	24.2%	851	685	722	687	601	576	625	609	538	465	473	423	376	291	286	345	360	400	403	337	328
Shareholder's Equity	13.0%	4,418	3,911	3,663	3,617	3,456	3,317	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
Retained Earnings	9.6%	1,946	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
Additional Paid-In Capital	15.9%	2,473	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
Accumulated Depreciation	4.1%	5,441	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
Shares Outstanding	4.5%	125	119	119	119	119	119	118	118	118	117	117	117	-	-	-	-	-	-	-	-	-
Minority Interest	0.5%	218	217	213	215	203	206	207	213	219	220	220	222	221	226	206	175	163	136	117	104	101
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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-24.2%	468,562	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
Share Based Compensation	-2.9%	2,838	2,923	4,556	3,931	2,290	4,236	3,810	4,063	3,014	3,422	2,967	1,795	855	3,176	3,369	3,286	3,794	4,765	4,664	4,489	4,587
Cashflow From Investing	1.0%	-543,315	-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
Cashflow From Financing	268.7%	42,781	-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
Dividend Payments	-	23,858	-	-	-	17,768	11,752	11,750	5,844	5,866	5,840	2,915	2,913	2,913	-	-	-	-	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

MTDR Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME — UNAUDITED - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Revenues	$ 785,343	$ 563,674
Realized gain on derivatives	275	3,669
Unrealized gain (loss) on derivatives	2,075	(7,067)
Total revenues	787,693	560,276
Expenses
Production taxes, transportation and processing	70,153	55,486
Lease operating	76,295	44,407
Purchased natural gas	39,432	28,448
Depletion, depreciation and amortization	212,311	126,325
Accretion of asset retirement obligations	1,273	699
General and administrative	29,653	22,433
Total expenses	468,740	308,843
Operating income	318,953	251,433
Other income (expense)
Interest expense	(39,562)	(16,176)
Other income	577	339
Total other expense	(38,985)	(15,837)
Income before income taxes	279,968	235,596
Income tax provision (benefit)
Current	17,272	4,929
Deferred	49,506	51,743
Total income tax provision	66,778	56,672
Net income	213,190	178,924
Net income attributable to non-controlling interest in subsidiaries	(19,461)	(15,794)
Net income attributable to Matador Resources Company shareholders	$ 193,729	$ 163,130
Earnings per common share
Basic (in dollars per share)	$ 1.62	$ 1.37
Basic (in shares)	119,721	119,034
Diluted (in shares)	120,253	119,702
Diluted (in dollars per share)	$ 1.61	$ 1.36
Weighted average common shares outstanding	$ 1.62	$ 1.37
Oil and natural gas revenues
Revenues
Revenues	$ 703,540	$ 502,909
Third-party midstream services revenues
Revenues
Revenues	32,357	26,511
Expenses
Plant and other midstream services operating	39,623	31,045
Sales of purchased natural gas
Revenues
Revenues	$ 49,446	$ 34,254

MTDR Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS — UNAUDITED - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash	$ 23,208	$ 52,662
Restricted cash	51,118	53,636
Accounts receivable
Oil and natural gas revenues	278,155	274,192
Joint interest billings	207,540	163,660
Other	42,778	35,102
Derivative instruments	3,027	2,112
Lease and well equipment inventory	39,927	41,808
Prepaid expenses and other current assets	108,382	92,700
Total current assets	754,135	715,872
Oil and natural gas properties, full-cost method
Evaluated	9,973,110	9,633,757
Unproved and unevaluated	1,407,512	1,193,257
Midstream properties	1,398,601	1,318,015
Other property and equipment	40,901	40,375
Less accumulated depletion, depreciation and amortization	(5,441,274)	(5,228,963)
Net property and equipment	7,378,850	6,956,441
Other assets
Derivative instruments	1,718	558
Other long-term assets	92,626	54,125
Total other assets	94,344	54,683
Total assets	8,227,329	7,726,996
Current liabilities
Accounts payable	121,823	68,185
Accrued liabilities	419,791	365,848
Royalties payable	178,506	161,983
Amounts due to affiliates	13,495	28,688
Advances from joint interest owners	37,725	19,954
Other current liabilities	80,001	40,617
Total current liabilities	851,341	685,275
Long-term liabilities
Borrowings under Credit Agreement	260,000	500,000
Borrowings under San Mateo Credit Facility	526,000	522,000
Senior unsecured notes payable	1,185,567	1,184,627
Asset retirement obligations	90,361	87,485
Deferred income taxes	625,682	581,439
Other long-term liabilities	52,216	38,482
Total long-term liabilities	2,739,826	2,914,033
Commitments and contingencies
Shareholders’ equity
Common stock - $0.01 par value, 160,000,000 shares authorized; 124,835,154 and 119,478,282 shares issued; and 124,780,297 and 119,458,674 shares outstanding, respectively	1,248	1,194
Additional paid-in capital	2,472,681	2,133,172
Retained earnings	1,946,412	1,776,541
Treasury stock, at cost, 54,857 and 19,608 shares, respectively	(2,091)	(45)
Total Matador Resources Company shareholders’ equity	4,418,250	3,910,862
Non-controlling interest in subsidiaries	217,912	216,826
Total shareholders’ equity	4,636,162	4,127,688
Total liabilities and shareholders’ equity	$ 8,227,329	$ 7,726,996

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 Wed May 08 2024, market cap of Matador Resources Co is 8.02 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 Wed May 08 2024, MTDR's PE ratio (Price to Earnings) is 9.08 and Price to Sales (PS) ratio is 2.64. 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 0.102 (multiply by 100 for percentage) rate of return.