|Bid||2.6400 x 1400|
|Ask||2.6600 x 1800|
|Day's Range||2.3700 - 2.8500|
|52 Week Range||1.1100 - 22.2500|
|Beta (5Y Monthly)||2.52|
|PE Ratio (TTM)||3.52|
|Earnings Date||Apr 28, 2020 - May 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.41|
Moody's Investors Service ("Moody's") downgraded Matador Resources Company's (Matador) Corporate Family Rating (CFR) to B3 from B1, Probability of Default Rating (PDR) to B3-PD from B1-PD, and senior unsecured notes to Caa1 from B2. The Speculative Grade Liquidity Rating was downgraded to SGL-3 from SGL-2. The downgrade reflects Matador's high debt leverage at a time when very low commodity prices are likely to lead to dramatically reduced cash flow.
Potential Matador Resources Company (NYSE:MTDR) shareholders may wish to note that the Founder, Joseph Foran, recently...
Oil and natural gas production company Matador Resources Co. said Wednesday it was cutting the rigs it operates in half to three rigs by June 30, and its executives are taking pay cuts, in response to the recent sharp selloff in commodity prices. The stock, which has plunged 81.8% over the past month while the S&P 500 has declined 14.2%, was indicated down a little over 1% in premarket trading. Crude oil futures has lost 33% over the same time. The company said it expects to release one rig by the end of March and two others by the end of the second quarter. Chief Executive Joseph Foran said he would cut his base salary by 25%, the board members will reduce compensation by 25%, executive officers will cut salaries by 20% and vice presidents will lower their salaries by 10%. Separately, Matador said its borrowing was affirmed unanimously by its lenders at $900 million and increased its borrowing commitment to $700 million from $500 million, giving it more than enough liquidity to conduct operations through 2020. The company said it faces no near-term debt maturities.
Matador Resources Company (NYSE: MTDR) ("Matador" or the "Company") today provided a brief update on its 2020 operational plan in response to the recent sharp decline in oil prices.
Investors need to pay close attention to Matador Resources (MTDR) stock based on the movements in the options market lately.
To the annoyance of some shareholders, Matador Resources (NYSE:MTDR) shares are down a considerable 31% in the last...
Matador Resources' (MTDR) fourth-quarter results are supported by higher oil and gas production volumes, and increased oil price realization.
Matador Resources Company (NYSE: MTDR) ("Matador" or the "Company") today announced its full year 2020 operating plan and market guidance. A short slide presentation summarizing the highlights of Matador’s 2020 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. In a separate press release issued today, Matador also reported its financial and operating results for the fourth quarter and full year 2019.
Matador Resources Company (NYSE: MTDR) ("Matador" or the "Company") today reported financial and operating results for the fourth quarter and full year 2019. A short slide presentation summarizing the highlights of Matador’s fourth quarter and full year 2019 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. In a separate press release issued today, Matador also provided its 2020 operating plan and 2020 market guidance.
Matador Resources Company (NYSE: MTDR) ("Matador" or the "Company") today announced plans to release fourth quarter and full year 2019 operational and financial results after the close of trading on Tuesday, February 25, 2020. Management will also host a live conference call on Wednesday, February 26, 2020 at 9:00 a.m. Central Time to review fourth quarter and full year 2019 financial results and operational highlights. Matador also expects to release its full year 2020 operational and financial guidance in conjunction with this earnings release.
Many investors define successful investing as beating the market average over the long term. But its virtually certain...
Matador (MTDR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
CNX Resources' (CNX) fourth-quarter earnings are expected to have benefited from additional production from new wells. However, decline in commodity price might have been a concern.