Matador Resources (MTDR)

Matador 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. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. Additionally, Matador conducts midstream operations, primarily through its midstream joint venture, San Mateo, in support of its exploration, development and production operations and provides natural gas processing, oil transportation services, natural gas, oil and produced water gathering services and produced water disposal services to third parties.

Company profile

Ticker

MTDR

Exchange

NYSE

Website

www.matadorresources.com

CEO

Joseph Foran

Incorporated

Texas

Location

Texas

Fiscal year end

Dec 31

Sector

Mining, Quarrying, and Oil and Gas Extraction > Crude Petroleum and Natural Gas Extraction

Industry (SIC)

Crude Petroleum & Natural Gas

Petroleo Brasileiro S.A. Petrobras • Occidental Petroleum • Anadarko Petroleum • Apache • Chesapeake Energy • Devon Energy • Marathon Oil • EOG Resources • Pressburg • Ovintiv ...

SEC CIK

0001520006

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Black River Water Management Company, LLC • Delaware Water Management Company, LLC • DLK Black River Midstream, LLC • Fulcrum Delaware Water Resources, LLC • Greyhound Midstream, LLC • Greyhound Resources, LLC • Longwood Gathering and Disposal Systems GP, Inc. • Longwood Gathering and Disposal Systems, LP • Longwood Midstream Delaware, LLC • Longwood Midstream Holdings, LLC ...

IRS number

274662601

MTDR stock data

1M 1Y 5Y

News

From Benzinga Pro

Matador Resources Company Raises Guidance

26 Jul 22

Full-Year 2022 Guidance Update

Matador Resources Q2 EPS $3.47 Beats $3.13 Estimate, Sales $943.93M Beat $802.34M Estimate

26 Jul 22

Matador Resources (NYSE:MTDR) reported quarterly earnings of $3.47 per share which beat the analyst consensus estimate of $3.13 by 10.86 percent. This is a 240.2 percent increase over earnings of $1.02 per share from the

Raymond James Maintains Outperform on Matador Resources, Lowers Price Target to $70

26 Jul 22

Raymond James analyst John Freeman maintains Matador Resources (NYSE:MTDR) with a Outperform and lowers the price target from $74 to $70.

Earnings Scheduled For July 26, 2022

26 Jul 22

Matador Resources Earnings Preview

25 Jul 22

Press releases

From Benzinga Pro

Matador Resources Company Reports Second Quarter 2022 Results, Announces $158 Million in Bond Repurchases and Raises Full Year 2022 Guidance

26 Jul 22

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today reported financial and operating results for the second quarter of 2022. A short slide presentation summarizing the highlights of Matador's second

Matador Resources Company Declares Quarterly Cash Dividend

25 Jul 22

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share of common stock payable on September 1, 2022 to shareholders of record

Matador Resources Company Announces Date of Second Quarter 2022 Earnings Release

13 Jul 22

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced plans to release second quarter 2022 operational and financial results after the close of trading on Tuesday, July 26, 2022. Management

Matador Resources Company Amends Quarterly Cash Dividend Policy to Double Quarterly Cash Dividend

10 Jun 22

Matador Resources Announces Strategic Acquisition of Midstream Assets in Eddy and Lea Counties, New Mexico

9 Jun 22

Analyst ratings and price targets

Last 3 months

Calendar

29 Jul 22

18 Aug 22

31 Dec 22

Financial summary

Financial statements Chart MTDR financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

MTDR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
22 Jun 22	Robert T Macalik	Phantom Units Common Stock	Option exercise	Dispose M	No	No	1,667	1,667
22 Jun 22	Brian J Willey	Phantom Units Common Stock	Option exercise	Dispose M	No	No	1,667	1,667
22 Jun 22	William Thomas Elsener	Phantom Units Common Stock	Option exercise	Dispose M	No	No	1,667	1,667
22 Jun 22	Michael D Frenzel	Phantom Units Common Stock	Option exercise	Dispose M	No	No	1,250	1,250
10 Jun 22	James M Howard	Common Stock	Grant	Acquire A	No	No	2,040	20,214

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q2 2022

MTDR institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	347	357	-2.8%
Opened positions	65	89	-27.0%
Closed positions	75	34	+120.6%
Increased positions	121	97	+24.7%
Reduced positions	124	128	-3.1%

13F shares	Current	Prev Q	Change
Total value	4.74B	5.6B	-15.4%
Total shares	101.6M	105.63M	-3.8%
Total puts	699.9K	833.7K	-16.0%
Total calls	1.13M	1.36M	-16.5%
Total put/call ratio	0.6	0.6	+0.5%

Largest owners	Shares	Value	Change
BLK Blackrock	13.34M	$621.54M	-25.8%
Vanguard	11.24M	$523.68M	-9.5%
Dimensional Fund Advisors	5.52M	$257.2M	-8.4%
STT State Street	5.11M	$238.06M	-11.6%
TROW T. Rowe Price	4.33M	$201.55M	+3.2%
IVZ Invesco	4.24M	$197.45M	-3.0%
Alliancebernstein	4.02M	$187.49M	-4.4%
SAMG Silvercrest Asset Management	3.94M	$183.56M	-4.9%
JPM JPMorgan Chase & Co.	3.28M	$152.83M	+16.3%
GS Goldman Sachs	2.01M	$93.83M	+51.6%

Largest transactions	Shares	Bought/sold	Change
BLK Blackrock	13.34M	-4.63M	-25.8%
ATAC Neuberger Berman	1.66M	+1.57M	+1721.4%
THRC Management	0	-1.48M	EXIT
MCQEF Macquarie	1.76M	+1.26M	+252.7%
Vanguard	11.24M	-1.18M	-9.5%
Adage Capital Partners GP, L.L.C.	1.11M	+1.05M	+1612.0%
Wasatch Advisors	701.7K	+701.7K	NEW
GS Goldman Sachs	2.01M	+685.22K	+51.6%
STT State Street	5.11M	-668.07K	-11.6%
Lord, Abbett & Co.	641.94K	+641.94K	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

(1)We report our production volumes in two streams: oil and natural gas, including both dry and liquids-rich natural gas. Revenues associated with natural gas liquids are included with our natural gas revenues.
(2)One thousand Bbl of oil.
(3)One billion cubic feet of natural gas.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. senior Avg

New words: absolute, back, enable, encourage, ESPP, falling, forma, geoscience, Incentive, indirect, issuance, LP, ownership, payroll, pro, Pronto, renamed, Summit

Removed: iv, preparing, previously, remeasured, servicing

From filing 10-Q 2022 Q2

Financial reports

View all