|Bid||19.46 x 800|
|Ask||19.47 x 1000|
|Day's Range||19.17 - 19.96|
|52 Week Range||13.97 - 35.22|
|Beta (3Y Monthly)||2.30|
|PE Ratio (TTM)||8.06|
|Earnings Date||Apr 30, 2019 - May 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.35|
The Zacks Analyst Blog Highlights: Matador, Continental Resources, Pioneer Natural, Diamondback and Concho
Matador Resources Co is 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. Warning! GuruFocus has detected 2 Warning Signs with MTDR.
NEW YORK, March 01, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Matador (MTDR) creates a new JV to increase midstream assets in the Delaware formation amid lack of in-basin midstream properties in the Permian Basin.
Matador Resources Company today announced its full year 2019 operating plan and market guidance. A short slide presentation summarizing the highlights of Matador’s 2019 operating plan and market guidance is also included on the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab.
Matador Resources Company today reported financial and operating results for the fourth quarter and full year 2018. A short slide presentation summarizing the highlights of Matador’s fourth quarter and full year 2018 earnings release is also included on the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab.
The new joint venture, San Mateo Midstream II LLC, plans to build and operate infrastructure to gather and process oil-and-gas production from Matador’s fields in New Mexico’s Eddy County, according to a news release. The county covers a portion of the Northern Delaware Basin, which in turn is part of the Permian Basin, a vast oil-and-gas region spreading across West Texas and southeast New Mexico. Matador dedicated about 25,500 acres for 15 years to San Mateo II.
Joseph Foran has been the CEO of Matador Resources Company (NYSE:MTDR) since 2003. First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growthRead More...
Joint venture to build multi-commodity gathering, processing, and disposal infrastructure to serve E&Ps throughout the Northern Delaware Basin HOUSTON , Feb. 25, 2019 /PRNewswire/ -- Five Point Energy ...
Matador Resources Company (MTDR) (“Matador” or the “Company”) today announced a second strategic midstream transaction (“San Mateo II”) with a subsidiary of Five Point Energy LLC (“Five Point”) to expand San Mateo’s natural gas gathering and processing, salt water gathering and disposal and oil gathering operations in the Delaware Basin to be owned in the same proportions as San Mateo I—51% by Matador and 49% by Five Point. As part of the expansion, an additional cryogenic natural gas processing plant will be constructed in close proximity to the existing Black River cryogenic natural gas processing plant near Carlsbad, New Mexico in Matador’s Rustler Breaks asset area (the “Black River Processing Plant”).
Management will also host a live conference call on Wednesday, February 27, 2019 at 9:00 a.m. Central Time to review fourth quarter and full year 2018 financial results and operational highlights. Matador also expects to release its full year 2019 operational and financial guidance in conjunction with this earnings release. The live conference call will also be available through the Company’s website at www.matadorresources.com on the Presentations & Webcasts page under the Investors tab.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...
Matador Resources Company today provided an update to its 2019 operational plans. Matador plans to focus on continuing its profitable exploration and production activities in the Delaware Basin and continuing to grow the value of its midstream business, while also giving due consideration to the changing financial circumstances in the industry.
Upstream Review for the Week Ending January 11 (Continued from Prior Part) ## Upstream stocks On January 4–11, QEP Resources (QEP) gained the most on our list of upstream energy stocks from the SPDR S&P Oil & Gas Exploration & Production ETF (XOP). XOP rose 6.2%—the second-largest rise among the major energy ETFs that we discussed in the previous part of this series. On January 7, QEP Resources announced that it has received “a preliminary proposal from Elliott Management Corp. (“Elliott”) to acquire the Company for $8.75 per share in cash, subject to certain conditions including, among others, satisfactory completion of due diligence and negotiation of definitive documentation.” On the same day, QEP Resources rose 40.3%. ## Other outperformers Chesapeake Energy (CHK), SM Energy (SM), Matador Resources (MTDR), and Hess (HES) were the second, third, fourth, and fifth-largest outperformers, respectively, on our list of upstream energy stocks last week. On January 9, Chesapeake Energy reported its fourth-quarter preliminary results and operational details. On the same day, Chesapeake Energy rose ~12.7%. Chesapeake Energy has hedged ~16 MMbbls (million barrels) of 2019 oil production at $58.61 per barrel, which is higher than WTI’s forecast for 2019. Chesapeake Energy hedged 7 MMbbls of its 2019 forecasted production in the Eagle Ford at $6 more than WTI prices. LLS (Louisiana Light Sweet) crude oil versus WTI at Cushing, or the LLS-WTC spread, fell to $4.5 per barrel on December 27—the lowest level since August 24. LLS is the benchmark for most light sweet crude produced in the Eagle Ford region in Texas. On January 4, Hess announced that it will report its fourth-quarter earnings on January 30. Analysts’ consensus estimate suggests that Hess might report negative earnings of 21 cents per share. Last week, US crude oil January futures closed at $51.59 per barrel, while natural gas January futures closed at $3.09 per MMBtu. Next, we’ll discuss the biggest declines in the upstream energy space. Continue to Next Part Browse this series on Market Realist: * Part 1 - Upstream Sector Rose Last Week * Part 3 - Which Upstream Stocks Underperformed Last Week?
Ryan McQueeney chats with Zacks Strategist Tracey Ryniec about the Insider Trader portfolio service and the outlook for insider buying of stocks in 2019.
Matador Resources Company (NYSE:MTDR) is a small-cap stock with a market capitalization of US$1.8b. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they Read More...
Currently, Matador (MTDR) transports 65% of its oil production from the Wolf and Rustler Breaks asset areas in the Delaware Basin, courtesy of commissioning of the Rustler Breaks Pipeline System.
Matador Resources Company (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of its midstream joint venture, San Mateo Midstream, LLC (“San Mateo”), has placed into service its crude oil gathering and transportation system in the Rustler Breaks asset area in Eddy County, New Mexico (the “Rustler Breaks Pipeline System”) following a successful open season to gauge shipper interest in committed crude oil interstate transportation service on the Rustler Breaks Pipeline System earlier this year. The Rustler Breaks Pipeline System includes approximately 17 miles of 10-inch diameter crude oil gathering and transportation pipelines from origin points in Eddy County, New Mexico to an interconnect with Plains Pipeline, L.P.
Matador Resources Company (MTDR) (“Matador” or the “Company”) today announced that it has extended its offer (the “Exchange Offer”) to exchange up to $1.05 billion of its outstanding 5.875% Senior Notes due 2026, which were privately placed on August 21, 2018 and October 4, 2018 (the “Notes”), for a like principal amount of 5.875% Senior Notes due 2026 that have been registered under the Securities Act of 1933, as amended (the “Securities Act”). The Exchange Offer, previously scheduled to expire at 5:00 p.m., New York City time, on December 17, 2018, will now expire at 5:00 p.m., New York City time, on December 19, 2018, unless further extended. An aggregate principal amount of $1,049,850,000, or 99.99%, of the Notes were tendered in the Exchange Offer as of 5:00 p.m., New York City time, on December 17, 2018.