Matador Resources Company (MTDR) Stock Price & Analysis
Matador Resources Company (MTDR) closed at USD 56.79 on Thursday, October 22, 2026, down 1.66% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 57.75; the Oct 22, 2026 session ranged USD 55.83–58.86 on volume of 1,194,851 shares. Market capitalization is $7.03B, with a 52-week range of USD 37.14–66.84 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:24 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MTDR.md
Key facts (MTDR)
- Last four reported quarters (through Jun 30, 2026): revenue $3.92B, net income $724M (18.5% margin) (SEC filings).
- Valuation: P/E 9.7x (avg 7.7x at the last 3 fiscal year-ends), EV/EBITDA 4.7x, net debt $4.19B.
- 2 of 80 tracked superinvestors hold MTDR (13F, Q2 2026): 1 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market purchases, last ~7 months: 16 Form 4 filings, $1.9M; 11 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.05 on a 1–5 scale) (22 analysts), mean target USD 71.1 (range 59–101).
- Total return with dividends: 1Y +44.8% vs S&P 500 +14.9%; 5Y +41.3% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD 1.78, revenue estimate $1.06B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MTDR)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.86B | $3.20B | $2.82B | $3.50B | $3.70B | $3.92B |
| Gross profit | $1.80B | $3.10B | $2.69B | $3.34B | $3.49B | — |
| Operating income | $793M | $1.76B | $1.21B | $1.43B | $1.23B | $1.17B |
| Net income | $585M | $1.21B | $846M | $885M | $759M | $724M |
| EPS (diluted) | $4.91 | $10.11 | $7.05 | $7.14 | $6.09 | — |
| Free cash flow | $215M | $915M | -$1.36B | -$1.66B | $270M | — |
| Gross margin | 96.7% | 97.0% | 95.6% | 95.2% | 94.4% | — |
| Operating margin | 42.6% | 55.0% | 42.9% | 40.9% | 33.2% | 30.0% |
| Net margin | 31.4% | 38.0% | 30.0% | 25.3% | 20.5% | 18.5% |
| Revenue growth | +116.0% | +71.7% | -11.9% | +24.4% | +5.5% | — |
| Cash + short-term investments | $48.1M | $505M | $52.7M | $23.0M | $15.3M | — |
| Total debt | — | $1.16B | $2.21B | $3.33B | $3.40B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (MTDR)
P/E 9.7x · P/S 1.8x · EV/EBITDA 4.7x · EV/Sales 2.9x · P/B 1.2x · Earnings yield 10.30% · Dividend yield (paid, TTM) 2.54% · Buyback yield (TTM) 0.34% · Net debt $4.19B · EV $11.2B
P/E at fiscal year-ends: Dec 2025 7.0x, Dec 2024 7.9x, Dec 2023 8.1x.
Superinvestors (SEC 13F-HR, Q2 2026) (MTDR)
2 of 80 tracked investors hold MTDR. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Tweedy Browne | 0.14% | $1.9M | Added +34.0% | |
| First Eagle Investment | First Eagle Investment Management | <0.01% | $1.5M | New position |
Insider purchases (SEC Form 4, open-market, last ~7 months) (MTDR)
16 purchases, $1.9M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-27 | Calvert Christopher P | EVP and CFO | 2,500 | $142K | 56.64 | Too little history (no open-market trades in 2023) |
| 2026-08-26 | Foran Joseph Wm | Chairman and CEO | 555 | $30K | 54.49 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-17 | Foran Joseph Wm | Chairman and CEO | 400 | $21K | 53.64 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-12…2026-08-13 | Foran Joseph Wm | Chairman and CEO | 15,000 | $779K | 51.92 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-10…2026-08-11 | Foran Joseph Wm | Chairman and CEO | 3,839 | $196K | 51.16 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-10 | Elsener William Thomas | EVP, Reservoir Engineering | 850 | $43K | 50.94 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-15 | Baty Robert Gaines | Director | 500 | $26K | 51.44 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-09 | Stetson Glenn W | EVP and COO | 500 | $27K | 53.41 | Too little history (no open-market trades in 2023) |
| 2026-06-09 | Foran Joseph Wm | Chairman and CEO | 2,000 | $106K | 53.07 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-08 | Ehrman Monika U | Director | 362 | $20K | 55.28 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-04 | Foran Joseph Wm | Chairman and CEO | 2,000 | $113K | 56.25 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-29 | Colodney Benjamin T | SVP & Chief Accounting Officer | 250 | $13K | 53.41 | Too little history (no open-market trades in 2023 or 2024) |
| 2026-05-29 | Calvert Christopher P | EVP and CFO | 1,500 | $80K | 53.24 | Too little history (no open-market trades in 2023) |
| 2026-05-29 | Foran Joseph Wm | Chairman and CEO | 482 | $25K | 52.7 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-28 | Stetson Glenn W | EVP and COO | 500 | $27K | 53.94 | Too little history (no open-market trades in 2023) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (MTDR)
Consensus Buy (mean 2.05 on a 1–5 scale), 22 analysts; mean target USD 71.1 (low 59, high 101).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-19 | Mizuho | Target lowered | Outperform | $77 → $71 |
| 2026-10-15 | Scotiabank | Initiated | Sector Perform | $59 |
| 2026-10-15 | Morgan Stanley | Target raised | Equal-Weight | $66 → $69 |
| 2026-10-14 | Truist Securities | Target raised | Buy | $59 → $65 |
| 2026-10-14 | Wells Fargo | Target lowered | Overweight | $77 → $76 |
| 2026-09-15 | Keybanc | Target raised | Overweight | $68 → $73 |
| 2026-09-14 | UBS | Target raised | Neutral | $56 → $64 |
| 2026-09-03 | Seaport Global | Initiated | Neutral | |
| 2026-09-02 | Wells Fargo | Upgrade | Equal-Weight → Overweight | $79 → $77 |
| 2026-08-13 | Wells Fargo | Target raised | Equal-Weight | $63 → $79 |
| 2026-08-13 | Keybanc | Target lowered | Overweight | $73 → $68 |
| 2026-08-11 | Citigroup | Target lowered | Buy | $68 → $60 |
Total return (dividends reinvested) (MTDR)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +44.8% | +41.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +44.9% | +7.1% |
| Volatility (annualized) | 41.4% | 47.2% |
| Max drawdown | -29.1% (Mar 2026→Jul 2026) | -44.2% (Apr 2024→Mar 2025) |
MTDR revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Oil revenues | $1.13B | 96.0% | +56.6% |
| Oil and natural gas revenues | $1.09B | 92.7% | +33.3% |
| Third-party midstream services revenues | $44.6M | 3.8% | +6.2% |
| Sales of purchased natural gas | $41.2M | 3.5% | -39.3% |
| Total revenue | $1.17B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
MTDR suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | San Mateo Midstream II | “On February 25, 2019, we announced the formation of San Mateo Midstream II, LLC ("San Mateo II"), a strategic joint venture with Five Point designed to expand our midstream operations in the Delaware Basin, specifically in Eddy County, New Mexico.” |
Quoted from the company's 10-K filed Feb 26, 2026.
MTDR customer concentration
In the period ended Dec 31, 2025, 3 direct customers each accounted for at least 10% (49%, 13%, 10%) of revenue, per the company's 10-K filed Feb 26, 2026. The company does not name them.
MTDR company outlook (results filed Aug 5, 2026)
- “Matador successfully managed these challenges and produced oil volumes exceeding the upper end of May 2026 guidance estimates for the quarter.”
- “Midstream infrastructure and integration; capital associated with infrastructure integration related to assets acquired in the Federal lease sale and the Cardinal Midstream acquisition. "Most importantly, I am pleased to report well-level capital discipline and efficiencies remain intact, with Matador's overall costs per completed lateral foot expected to remain firm at $785 to $805 for 2026.”
Quoted word-for-word from the SEC 8-K results press release.
MTDR analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.78 | $1.60 | +11.6% | $1.06B | 22 |
| Next quarter (ends Dec 2026) | $2.36 | $1.73 | +36.1% | $1.22B | 18 |
| Current fiscal year (ends Dec 2026) | $8.24 | $6.83 | +20.6% | $4.21B | 19 |
| Next fiscal year (ends Dec 2027) | $10.19 | $8.31 | +22.7% | $4.95B | 19 |
Key Statistics (as of October 23, 2026 at 09:24 UTC)
| Price | USD 56.79 |
|---|---|
| Change | ▼ 1.66% (down) |
| Previous Close | USD 57.75 |
| Open | USD 58.62 |
| Day Range | USD 55.83 – 58.86 |
| 52-Week Range | USD 37.14 – 66.84 |
| Volume | 1,194,851 shares |
| Market Cap | $7.03B |
| Exchange | NYQ |
Technical Analysis (MTDR)
Nexqual's technical model rates MTDR "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 23, 2026 at 09:24 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 52.91 (neutral) |
| vs SMA50 | Above (USD 56.14) |
| MACD | 0.54 (positive) |
Analyst Ratings (MTDR)
Wall Street analysts rate MTDR "Buy" based on 22 analysts, with a mean price target of USD 71.1 (range USD 59–101), per Nexqual as of October 23, 2026 at 09:24 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 22 |
| Mean Target | USD 71.1 |
| High Target | USD 101 |
| Low Target | USD 59 |
| Buy / Hold / Sell | 18 / 4 / 0 |
Earnings (MTDR)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD 1.78 |
| Revenue Estimate | $1.06B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.61 vs est 2.09 ▲ beat |
| 2026-03-31 | USD 1.53 vs est 1.26 ▲ beat |
| 2025-12-31 | USD 0.87 vs est 0.76 ▲ beat |
| 2025-09-30 | USD 1.36 vs est 1.23 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:24 UTC.
Financials & Fundamentals (MTDR)
| Total Revenue | $3.84B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +26.80% |
| Gross Margin | +82.39% |
| Operating Margin | +49.20% |
| Profit Margin | +18.85% |
| ROE | +13.59% |
| Debt / Equity | 0.69 |
| Current Ratio | 0.65 |
| Total Cash | $26.32M |
| Total Debt | $4.32B |
| Free Cash Flow (fiscal year ended Dec 2025, SEC 10-K) | $269.59M (7.3% of revenue) |
Source: Nexqual, October 23, 2026 at 09:24 UTC.
Financial Health Score (MTDR)
Nexqual rates Matador Resources Company's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:24 UTC.
| Growth | Solid — Revenue +5% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 82%, operating 49% (last 12 months) |
| Balance Sheet | Mixed — $26M cash and investments vs $4.22B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $270M (FY ended Dec 2025, 10-K), 7% margin |
| Efficiency | Mixed — ROE 14%, ROA 5.9% |
Ownership (MTDR)
| Insider Ownership | +7.09% |
|---|---|
| Institutional Ownership | +98.60% |
| Shares Outstanding | 123.75M |
| Float | 115.60M |
| Short % of Float | +12.52% |
Source: Nexqual, October 23, 2026 at 09:24 UTC.
Leadership (MTDR)
Matador Resources Company is led by Joseph Wm. Foran, Founder, CEO & Chairman of the Board, per Nexqual as of October 23, 2026 at 09:24 UTC.
| Founder, CEO & Chairman of the Board | Joseph Wm. Foran |
|---|---|
| President, & Corporate Secretary | Bryan A. Erman |
| Executive VP & CFO | Christopher P. Calvert |
| Executive VP & COO | Glenn W. Stetson |
| Senior Vice President of Investor Relations | Mac Schmitz |
Major Backers & Investors (MTDR)
Notable institutional backers of Matador Resources Company include LSV Asset Management, Wellington Management, T. Rowe Price, according to Nexqual as of October 23, 2026 at 09:24 UTC.
Active Investors
| Investor | Stake |
|---|---|
| LSV Asset Management | 3.25% |
| Wellington Management | 3.23% |
| T. Rowe Price | 3.02% |
| Alliancebernstein L.P. | 2.59% |
| Adage Capital Partners GP L.L.C. | 2.57% |
| American Century ETF Trust-Avantis U.S. Small Cap Value ETF | 2.29% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 10.69% |
| BlackRock | 9.32% |
| Dimensional Fund Advisors | 5.73% |
| State Street | 4.24% |
Source: Nexqual, October 23, 2026 at 09:24 UTC.
From Matador Resources Company's Latest SEC 10-K Filing (filed 2026-02-26)
Key Strengths & Strategy (as disclosed to the SEC)
- At December 31, 2025, approximately 99% of our estimated total proved oil and natural gas reserves, or 662.2 million BOE, was attributable to the Delaware Basin, including approximately 376.0 million Bbl of oil and 1.72 Tcf of natural gas, a 9% increase, as compared to 606.2 million BOE for the year ended December 31, 2024.
- We review these locations with Netherland, Sewell & Associates, Inc., independent reservoir engineers, on a periodic basis to ensure their concurrence with our estimates of these drilling plans and our approach to booking these reserves.
Legal & Regulatory Risks (Item 1A, quoted)
- We are subject to government regulation, including complex environmental laws, which could require significant expenditures.
- We are subject to tax laws and may become subject to new taxes, or tax deductions currently available to us may be eliminated or reduced.
- New climate disclosure rules proposed by the SEC or states in which we have operations or do business could increase our costs of compliance.
- We may incur significant costs and liabilities resulting from compliance with emissions or pipeline safety regulations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| MGY | Magnolia Oil & Gas Corporation | USD 25.27 | ▼ 0.63% |
| VIST | Vista Energy S.A.B. de C.V. | USD 70.61 | ▼ 1.16% |
| MUR | Murphy Oil Corporation | USD 42.37 | ▼ 1.37% |
| CHRD | Chord Energy Corporation | USD 150.48 | ▼ 0.25% |
| SM | SM Energy Company | USD 38.42 | ▼ 0.49% |
| CNX | CNX Resources Corporation | USD 35.73 | ▲ 1.62% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:24 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt