Matador Resources (NYSE:MTDR) Director Paul Harvey Purchases 500 Shares of Company Stock

Matador Resources Company (NYSE:MTDR) Director Paul Harvey acquired 500 shares of Matador Resources stock in a transaction on Thursday, November 5th. The stock was acquired at an average cost of $52.72 per share, for a total transaction of $26,360.00. Following the purchase, the director owned 33,121 shares of the company’s stock, valued at approximately $1,746,139.12. This represents a 1.53% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Matador Resources Price Performance

Shares of MTDR stock opened at $49.98 on Tuesday. Matador Resources Company has a 52 week low of $38.80 and a 52 week high of $66.84. The stock has a market capitalization of $6.18 billion, a PE ratio of 8.62 and a beta of 0.93. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.62 and a current ratio of 0.55. The stock’s fifty day moving average is $56.08 and its 200-day moving average is $54.54.

Matador Resources (NYSE:MTDR) last released its quarterly earnings results on Tuesday, November 3rd. The energy company reported $2.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.85 by $0.23. Matador Resources had a return on equity of 14.32% and a net margin of 18.60%. The business had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same period in the previous year, the business posted $1.36 earnings per share. The firm’s revenue for the quarter was up 33.9% compared to the same quarter last year. Equities research analysts expect that Matador Resources Company will post 8.34 EPS for the current fiscal year.

Matador Resources Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Tuesday, November 10th will be issued a dividend of $0.4375 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $1.75 dividend on an annualized basis and a yield of 3.5%. This is an increase from Matador Resources’s previous quarterly dividend of $0.3750. Matador Resources’s payout ratio is currently 25.86%.

Hedge Funds Weigh In On Matador Resources

Several hedge funds have recently added to or reduced their stakes in MTDR. BlackRock Inc. bought a new stake in Matador Resources during the 2nd quarter worth about $573,936,000. Dimensional Fund Advisors LP boosted its stake in shares of Matador Resources by 4.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,948,104 shares of the energy company’s stock valued at $439,010,000 after purchasing an additional 277,839 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Matador Resources by 103.3% in the 1st quarter. First Trust Advisors LP now owns 1,595,415 shares of the energy company’s stock valued at $100,798,000 after purchasing an additional 810,808 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Matador Resources by 2.3% during the 1st quarter. Bank of New York Mellon Corp now owns 1,186,046 shares of the energy company’s stock worth $74,934,000 after buying an additional 26,205 shares during the period. Finally, Bank of America Corp DE acquired a new stake in shares of Matador Resources during the 2nd quarter worth approximately $42,184,000. Institutional investors own 91.98% of the company’s stock.

Matador Resources News Summary

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

• Positive Sentiment: CEO Joseph Foran bought 5,000 shares for $256,800, more than doubling his direct stake. COO Glenn Stetson also purchased 1,000 shares for $50,800. SEC filing on Foran’s purchase SEC filing on Stetson’s purchase
• Positive Sentiment: Director Shelley Appel reported two purchases totaling 1,350 shares, while director Paul Harvey bought 500 shares. Together, the reported insider transactions represent roughly $401,000 of purchases. SEC filing on Appel’s purchases SEC filing on Harvey’s purchase
• Neutral Sentiment: A Zacks article reviewed Matador’s Q3 2026 results against estimates and year-ago figures for key metrics, but the available summary does not identify specific metric surprises. Zacks Q3 metrics article

Analysts Set New Price Targets

A number of brokerages have weighed in on MTDR. Mizuho dropped their target price on shares of Matador Resources from $77.00 to $71.00 and set an “outperform” rating for the company in a research note on Monday, October 19th. Wells Fargo & Company decreased their price target on shares of Matador Resources from $77.00 to $76.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 14th. Wall Street Zen raised shares of Matador Resources from a “buy” rating to a “strong-buy” rating in a report on Saturday. Citigroup lowered their price target on shares of Matador Resources from $68.00 to $60.00 and set a “buy” rating for the company in a report on Tuesday, August 11th. Finally, KeyCorp boosted their price objective on shares of Matador Resources from $68.00 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 15th. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Matador Resources presently has a consensus rating of “Moderate Buy” and an average price target of $68.50.

About Matador Resources

Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas. Its operations are focused primarily on the Delaware Basin in southeastern New Mexico and West Texas.

Alongside its exploration and production business, Matador provides midstream services through its subsidiary San Mateo Midstream. These activities include gathering and processing natural gas and handling produced water, supporting the company’s operations and serving other producers in the region.

Matador was founded in 2003 and is headquartered in Dallas, Texas.