MTDR - Matador Resources Company

NYSE - NYSE Delayed Price. Currency in USD
31.74
+0.86 (+2.78%)
At close: 4:02PM EDT

31.74 0.00 (0.00%)
After hours: 5:05PM EDT

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Previous Close30.88
Open31.23
Bid29.62 x 2200
Ask33.49 x 1100
Day's Range31.13 - 31.87
52 Week Range24.04 - 35.22
Volume1,311,581
Avg. Volume1,515,362
Market Cap3.693B
Beta2.49
PE Ratio (TTM)19.70
EPS (TTM)1.61
Earnings DateOct 31, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est39.63
Trade prices are not sourced from all markets
  • TheStreet.com4 hours ago

    Surging U.S. Crude Oil Production Boosts Fortunes of Energy Firms

    Surging output from U.S. shale formations has boosted total crude oil production to a record high of nearly 10.7 million barrels a day (MM bbl/d), according to the U.S Energy Information Administration (EIA), making the U.S. the largest oil producer in the world. In February U.S. crude oil production exceeded that of Saudi Arabia for the first time in more than two decades at a moment when that country was negotiating production quotas with Russia. In June and August the U.S. surpassed Russia in crude oil production for the first time since February 1999.

  • Oil & Gas Stock Roundup: Diamondback's Permian JV, HollyFrontier's Buyback & More
    Zacks8 hours ago

    Oil & Gas Stock Roundup: Diamondback's Permian JV, HollyFrontier's Buyback & More

    Diamondback Energy (FANG) teamed up with private equity firm The Carlyle Group for the development of its assets in the region, while HollyFrontier (HFC) announced a $1 billion share buyback plan.

  • TheStreet.com4 days ago

    Matador Resources Picks Up Premium Property in the Permian Basin

    stock decline on Thursday has given investors a great opportunity to buy this mid-cap oil and gas exploration and production company focused on the Permian Basin. Shares fell 7% yesterday as the company was reported to be the higher bidder for a record sale by the Bureau of Land Management in New Mexico's Permian Basin. The company spent more than $387 million in last week's federal New Mexico Permian lease sale, picking up 8,400 gross acres in Lea and Eddy counties, or a weighted average cost of approximately $46,000 per net acre.

  • Matador Expands Footprint in Delaware Through Purchases
    Zacks5 days ago

    Matador Expands Footprint in Delaware Through Purchases

    Post the purchase, Matador's (MTDR) total leasehold and mineral position in the Delaware Basin reaches about 217,400 gross acres (123,800 net acres).

  • Matador Revealed as Mystery Buyer in Record Permian Auction
    Bloomberg6 days ago

    Matador Revealed as Mystery Buyer in Record Permian Auction

    Matador Resources Co. was the anonymous purchaser of drilling rights in the Permian shale that fetched a record $95,001 per acre. Chief Financial Officer David Lancaster confirmed on Wednesday that the record lease was part of the $387 million the Dallas-based company spent on 8,400 net acres in the Permian’s Delaware Basin. The U.S. Bureau of Land Management, which conducted New Mexico auction last week, had identified the winning bidder as Federal Abstract Co., a firm in Santa Fe that bids on behalf of anonymous investors.

  • Business Wire6 days ago

    Matador Resources Company Announces Acreage Acquisitions in BLM New Mexico Oil and Gas Lease Sale

    Matador Resources Company (MTDR) (“Matador” or the “Company”) announced today the successful acquisition of 8,400 gross (8,400 net) acres for approximately $387 million, or a weighted average cost of approximately $46,000 per net acre, in Lea and Eddy Counties, New Mexico in the Bureau of Land Management (“BLM”) New Mexico Oil and Gas Lease Sale on September 5 and 6, 2018. Two maps highlighting the acquired acreage are included on the Company’s website at www.matadorresources.com on the Presentations & Webcasts page under the Investors tab. Over the past several years, Matador has followed a strategy of primarily building its Delaware Basin land position on a ‘brick by brick’ basis, but we have always believed it is also important to capture unique value-creating opportunities on a select basis, like the recent BLM lease sale, which was the largest BLM New Mexico Oil and Gas Lease Sale in the last 10 years.

  • Why Is Matador (MTDR) Up 2.3% Since Last Earnings Report?
    Zacks18 days ago

    Why Is Matador (MTDR) Up 2.3% Since Last Earnings Report?

    Matador (MTDR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Matador Resources Closes Offering of Senior Unsecured Notes
    Zacks27 days ago

    Matador Resources Closes Offering of Senior Unsecured Notes

    Matador Resources (MTDR) raises net proceeds of about $740 million from the private offering of $750 million of 5.875% senior unsecured notes.

  • Business Wire28 days ago

    Matador Resources Company Announces Closing of Offering of $750 Million of Senior Notes Due 2026

    Matador Resources Company (MTDR) (“Matador”) announced today that it has closed its previously announced private offering of $750 million of 5.875% senior unsecured notes due 2026. Matador received net proceeds from this offering of approximately $740 million, after deducting the initial purchasers’ discounts and estimated offering expenses. Matador used a portion of the net proceeds from the offering to fund its previously announced tender offer (the “Tender Offer”) to purchase for cash, subject to certain conditions, any and all of its outstanding 6.875% senior unsecured notes due 2023 (the “Tender Notes”).

  • Business Wire28 days ago

    Matador Resources Company Announces Results of Its Cash Tender Offer for Its 6.875% Senior Notes Due 2023

    Matador Resources Company (MTDR) (“Matador”) announced today the expiration and final results as of 5:00 p.m., New York City time, on August 20, 2018 (the “Expiration Time”) of its cash tender offer to purchase any and all of its $575 million in aggregate principal amount of outstanding 6.875% Senior Notes due 2023 (CUSIP No. 576485AB2 / ISIN US576485AB26) (the “Notes”). The tender offer is being made on the terms and subject to the conditions set forth in an Offer to Purchase, dated August 7, 2018 (the “Offer to Purchase”), and related Letter of Transmittal. As of the Expiration Time, $378,915,000 million in aggregate principal amount of Notes had been validly tendered (and not validly withdrawn).

  • Shale Earnings Analysis: Winners and Losers From Q2
    Zackslast month

    Shale Earnings Analysis: Winners and Losers From Q2

    Missed the slew of shale oil earnings? Here's a quick run-through of how some of the bigwigs fared in their earnings reports.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of MTDR earnings conference call or presentation 2-Aug-18 2:00pm GMT

    Q2 2018 Matador Resources Co Earnings Call

  • Last Week’s Strongest Exploration and Production Stocks
    Market Realistlast month

    Last Week’s Strongest Exploration and Production Stocks

    Black Stone Minerals (BSM), a mineral interest owner structured as an MLP, was the strongest E&P (exploration and production) stock last week, rising 11.1%. This growth may have been due to its strong second-quarter earnings and gains in natural gas prices. Its distribution rose 8% year-over-year during the quarter, and the partnership increased its 2018 production guidance. BSM has risen 6.4% this year, while peer Viper Energy Partners (VNOM) has risen 59%. For a comparison of the two royalty owners, read VNOM and BSM: A Comparative Analysis of Two Mineral Interest MLPs.

  • GlobeNewswirelast month

    Report: Developing Opportunities within Select Medical, Extreme Networks, Matador Resources, Owens-Illinois, Regions Financial, and E*TRADE Financial — Future Expectations, Projections Moving into 2018

    NEW YORK, Aug. 10, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Select ...

  • Business Wirelast month

    Matador Resources Company Prices Offering of $750 Million of Senior Notes Due 2026

    Matador Resources Company (MTDR) (“Matador”) announced today that it has priced a private offering of $750 million of 5.875% senior unsecured notes due 2026. Matador intends to use the net proceeds from the offering to fund a tender offer (the “Tender Offer”) to purchase for cash, subject to certain conditions, any and all of its outstanding 6.875% senior unsecured notes due 2023 (the “Tender Notes”). The Tender Offer is being made pursuant to an Offer to Purchase dated August 7, 2018.

  • Moody'slast month

    Matador Resources Company -- Moody's assigns B2 rating to Matador's proposed senior notes issuance

    Moody's Investors Service, ("Moody's") assigned a B2 rating to Matador Resources Company's (Matador) proposed issuance of $700 million senior notes due 2026. Matador's other ratings including its B1 Corporate Family Rating (CFR), B1-PD Probability of Default Rating (PDR) and SGL-2 Speculative Grade Liquidity (SGL) Rating are unchanged. Matador will use part of the proceeds from the notes issuance to fund the 2023 notes tender offer and redeem any 2023 notes not tendered.

  • Business Wirelast month

    Matador Resources Company Announces Cash Tender Offer for Its 6.875% Senior Notes Due 2023

    Matador Resources Company (MTDR) (“Matador”) announced today that it has commenced a cash tender offer to purchase any and all of its $575 million in aggregate principal amount of outstanding 6.875% Senior Notes due 2023 (CUSIP No. 576485AB2 / ISIN US576485AB26) (the “Notes”). The tender offer is being made on the terms and subject to the conditions set forth in an Offer to Purchase, dated August 7, 2018 (the “Offer to Purchase”), and related Letter of Transmittal. The tender offer is subject to the satisfaction or waiver of certain conditions, as described in the Offer to Purchase, including the condition that Matador shall have received net proceeds from one or more debt financings sufficient to repurchase all of the Notes tendered, including the payment of all accrued and unpaid interest, and costs and expenses incurred in connection with the tender offer, as described in more detail in the Offer to Purchase.

  • Business Wirelast month

    Matador Resources Company Announces Offering of $700 Million of Senior Notes Due 2026

    Matador Resources Company (MTDR) (“Matador”) announced today that, subject to market conditions, it intends to offer $700 million of senior unsecured notes due 2026 in a private placement to eligible purchasers. Matador intends to use the net proceeds from the offering to fund a tender offer (the “Tender Offer”) to purchase for cash, subject to certain conditions, any and all of its outstanding 6.875% senior unsecured notes due 2023 (the “Tender Notes”). The Tender Offer is being made pursuant to an Offer to Purchase dated August 7, 2018.

  • Matador (MTDR) Earnings Beat Estimates in Q2, Reserves Grow
    Zackslast month

    Matador (MTDR) Earnings Beat Estimates in Q2, Reserves Grow

    Delaware basin production and increased realized crude price back Matador's (MTDR) strong second-quarter results.

  • Investor's Business Daily2 months ago

    Permian Bottleneck Weighs On These Top Shale Producers In Q2 Results

    The pipeline bottleneck in west Texas continued to weigh on prices that shale producers actually fetched for the oil they pumped in Q2.

  • Matador Resources (MTDR) Q2 Earnings and Revenues Beat Estimates
    Zacks2 months ago

    Matador Resources (MTDR) Q2 Earnings and Revenues Beat Estimates

    Matador (MTDR) delivered earnings and revenue surprises of 24.24% and 15.16%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Press2 months ago

    Matador: 2Q Earnings Snapshot

    The Dallas-based company said it had net income of 53 cents per share. Earnings, adjusted for non-recurring gains, came to 41 cents per share. The results exceeded Wall Street expectations. The average ...

  • Business Wire2 months ago

    Matador Resources Company Reports Second Quarter 2018 Results, Provides Operational Update and Increases 2018 Guidance Estimates

    Matador Resources Company today reported financial and operating results for the second quarter of 2018. A short slide presentation summarizing the highlights of Matador’s second quarter 2018 earnings release is also included on the Company’s website at www.matadorresources.com on the Presentations & Webcasts page under the Investors tab.

  • Business Wire2 months ago

    Matador Resources Company Announces Appointment of New Director

    Matador Resources Company today announced the appointment of Mr. Matthew P. Clifton to its Board of Directors . Mr. Clifton retired in November 2017 as Chairman of Holly Logistic Services, L.L.C , a subsidiary of HollyFrontier Corporation and the general partner of Holly Energy Partners, L.P.

  • ACCESSWIRE2 months ago

    Free Technical Research on Newfield Exploration and Three More Oil & Gas Equities

    Research reports have been issued by WallStEquities.com on Continental Resources Inc. (NYSE: CLR), Matador Resources Co. (NYSE: MTDR), Murphy Oil Corp. (NYSE: MUR), and Newfield Exploration Co. (NYSE: NFX). Also known as non-integrated oil and gas, Independent Oil and Gas companies are exclusively engaged in the exploration and production segment of the industry, with no downstream marketing or refining within their operations.