Headlines about Matador Resources (NYSE:MTDR) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Matador Resources earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave press coverage about the energy company an impact score of 45.3485429074724 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern’s analysis:
- Brokerages Anticipate Matador Resources Company (MTDR) Will Announce Quarterly Sales of $121.81 Million (americanbankingnews.com)
- Matador Resources Company (MTDR) Given Buy Rating at BMO Capital Markets (americanbankingnews.com)
- Matador Resources Company (MTDR) Stocks within Institutional Investors Spotlight – Wallstreet Investorplace (wallstreetinvestorplace.com)
- He thought it was just breakfast. Turns out, it was the start of a 14-year career at this Dallas company (bizjournals.com)
- Matador Resources Co (MTDR) Lowered to Buy at BidaskClub (americanbankingnews.com)
Shares of Matador Resources (NYSE MTDR) opened at 25.73 on Wednesday. The firm has a market cap of $2.58 billion, a PE ratio of 13.30 and a beta of 1.26. The company’s 50-day moving average price is $24.91 and its 200-day moving average price is $23.39. Matador Resources has a 52-week low of $20.13 and a 52-week high of $28.51.
Matador Resources (NYSE:MTDR) last released its earnings results on Wednesday, August 2nd. The energy company reported $0.11 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.11. The firm had revenue of $115.90 million during the quarter, compared to analysts’ expectations of $112.21 million. Matador Resources had a return on equity of 5.45% and a net margin of 43.04%. The company’s revenue was up 65.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.01) EPS. Equities analysts expect that Matador Resources will post $0.49 earnings per share for the current fiscal year.
A number of research analysts have recently weighed in on MTDR shares. Scotiabank reiterated a “buy” rating and set a $26.00 price target on shares of Matador Resources in a report on Thursday, August 3rd. BidaskClub upgraded Matador Resources from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Royal Bank Of Canada reiterated a “buy” rating and set a $34.00 price target on shares of Matador Resources in a report on Friday, June 16th. Northland Securities set a $33.00 price target on Matador Resources and gave the company a “buy” rating in a report on Monday, July 17th. Finally, Zacks Investment Research downgraded Matador Resources from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Eight research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $28.67.
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In other news, Director David M. Posner bought 4,115 shares of the stock in a transaction on Tuesday, August 8th. The stock was purchased at an average price of $24.10 per share, for a total transaction of $99,171.50. Following the acquisition, the director now owns 6,274 shares in the company, valued at $151,203.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 11.90% of the stock is currently owned by corporate insiders.
Matador Resources Company Profile
Matador Resources Company 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. The Company’s segments include exploration and production, and midstream.
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