Joseph Wm Foran Buys 3,130 Shares of Matador Resources (NYSE:MTDR) Stock

Matador Resources Company (NYSE:MTDR) CEO Joseph Wm Foran acquired 3,130 shares of Matador Resources stock in a transaction dated Monday, August 10th. The stock was purchased at an average cost of $51.04 per share, for a total transaction of $159,755.20. Following the completion of the purchase, the chief executive officer owned 14,908 shares in the company, valued at approximately $760,904.32. The trade was a 26.57% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Joseph Wm Foran also recently made the following trade(s):

• On Tuesday, August 11th, Joseph Wm Foran bought 709 shares of Matador Resources stock. The shares were purchased at an average cost of $51.68 per share, with a total value of $36,641.12.
• On Tuesday, June 9th, Joseph Wm Foran purchased 2,000 shares of Matador Resources stock. The shares were purchased at an average cost of $53.07 per share, for a total transaction of $106,140.00.
• On Thursday, June 4th, Joseph Wm Foran acquired 2,000 shares of Matador Resources stock. The stock was acquired at an average cost of $56.25 per share, with a total value of $112,500.00.
• On Friday, May 29th, Joseph Wm Foran purchased 482 shares of Matador Resources stock. The stock was acquired at an average cost of $52.70 per share, for a total transaction of $25,401.40.
• On Wednesday, May 27th, Joseph Wm Foran purchased 4,675 shares of Matador Resources stock. The shares were acquired at an average price of $52.36 per share, for a total transaction of $244,783.00.

Matador Resources Stock Performance

Shares of MTDR stock opened at $51.59 on Friday. The company has a market cap of $6.38 billion, a price-to-earnings ratio of 8.85 and a beta of 0.76. Matador Resources Company has a 52 week low of $37.14 and a 52 week high of $66.84. The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 0.67. The firm has a 50 day moving average of $51.13 and a 200-day moving average of $53.96.

Matador Resources (NYSE:MTDR) last released its earnings results on Wednesday, August 5th. The energy company reported $2.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.53. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.06 billion. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%. Matador Resources’s quarterly revenue was up 32.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.53 EPS. On average, equities analysts forecast that Matador Resources Company will post 7.11 earnings per share for the current year.

Matador Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th will be issued a dividend of $0.375 per share. The ex-dividend date is Monday, August 10th. This represents a $1.50 annualized dividend and a dividend yield of 2.9%. Matador Resources’s dividend payout ratio is currently 25.73%.

Key Headlines Impacting Matador Resources

Here are the key news stories impacting Matador Resources this week:

• Positive Sentiment: Management buying provided a confidence signal: CEO Joseph Wm. Foran purchased 3,130 shares for about $159,755 and another 709 shares for approximately $36,641, while EVP William Thomas Elsener bought 850 shares for roughly $43,299. The purchases increase executives’ personal exposure to MTDR near recent trading levels. Matador Resources insider buying
• Positive Sentiment: Wells Fargo raised its price target from $63 to $79 while maintaining an “equal weight” rating. The higher target implies substantial potential appreciation and suggests the firm sees improved value, even though it is not recommending an outright overweight position. Wells Fargo price target update
• Positive Sentiment: Matador’s second-quarter results materially exceeded expectations, with earnings per share of $2.61 versus the $2.08 consensus estimate and revenue of $1.17 billion versus $1.06 billion expected. Revenue rose 32.5% year over year, supporting the case for continued production and cash-flow strength.
• Positive Sentiment: Coverage highlights Matador’s expansion in the Delaware Basin and its midstream connectivity. The infrastructure network may increase the value of the company’s acreage by improving takeaway access and supporting the economics of future development. Delaware Basin expansion article Midstream connectivity analysis
• Neutral Sentiment: Siebert Williams Shank maintained a “buy” recommendation, reinforcing broadly constructive analyst sentiment. KeyCorp also kept an “overweight” rating despite reducing its target from $73 to $68, indicating upside remains but expectations have moderated. Siebert Williams Shank rating KeyCorp price target update
• Negative Sentiment: Recent target reductions from KeyCorp, Truist and Citigroup, along with questions surrounding 2026 commodity prices, spending and production growth, are limiting enthusiasm after the earnings beat. These concerns suggest investors remain focused on energy-market volatility and execution risks. Truist forecast

Analysts Set New Price Targets

A number of analysts recently commented on the company. Stephens boosted their target price on Matador Resources from $92.00 to $93.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Matador Resources in a report on Friday, August 7th. Mizuho raised Matador Resources to a “strong-buy” rating in a research report on Friday, July 31st. KeyCorp reduced their price target on shares of Matador Resources from $73.00 to $68.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, Wells Fargo & Company boosted their price target on shares of Matador Resources from $63.00 to $79.00 and gave the company an “equal weight” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Matador Resources has an average rating of “Moderate Buy” and a consensus price target of $66.07.

Institutional Trading of Matador Resources

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kestra Investment Management LLC lifted its holdings in shares of Matador Resources by 225.2% in the second quarter. Kestra Investment Management LLC now owns 517 shares of the energy company’s stock valued at $25,000 after purchasing an additional 358 shares in the last quarter. V Square Quantitative Management LLC purchased a new stake in Matador Resources in the 1st quarter valued at $27,000. Measured Wealth Private Client Group LLC purchased a new stake in Matador Resources in the 3rd quarter valued at $35,000. Center for Financial Planning Inc. bought a new position in Matador Resources during the 1st quarter valued at $41,000. Finally, Gilpin Wealth Management LLC bought a new position in Matador Resources during the 4th quarter valued at $42,000. 91.98% of the stock is owned by institutional investors.

About Matador Resources

Matador Resources Company is an independent energy firm primarily engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. The company focuses on upstream operations, utilizing horizontal drilling and hydraulic fracturing techniques to unlock hydrocarbons from key reservoirs. Its asset base includes both operated and non‐operated positions, with a particular emphasis on the Permian Basin, one of the most prolific oil-producing regions in North America.

Matador’s core operations are concentrated in the Delaware Basin segment of the Permian Basin, where it holds substantial acreage in both Reeves and Culberson counties in West Texas and Eddy and Lea counties in New Mexico.