MTDR

Matador Resources Co

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Advanced Chart

39.350

+1.41(3.716%)1D

Line

Candle

YTD

High

39.445

Open

38.290

VWAP

39.15

Vol

1.94M

Mkt Cap

4.89B

Low

37.740

Amount

76.07M

EV/EBITDA(TTM)

3.33

Total Shares

124.78M

8.44B

EV/OCF(TTM)

3.34

P/S(TTM)

1.29

Matador Resources Company is an independent energy company. The Company is 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. It operates through two segments: exploration and production and midstream. The exploration and production segment are engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States and is 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. The midstream segment conducts midstream operations in support of the Company’s exploration, development and production operations and provides natural gas processing, oil transportation services, oil, natural gas and produced water gathering services and produce water disposal services to third parties.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

838.33M

-13.61%

1.005

-45.1%

885.93M

-12.63%

1.235

-37.92%

879.62M

-1.75%

1.192

-22.09%

Estimates Revision

The market is revising Downward the revenue expectations for Matador Resources Company (MTDR) for FY2025, with the revenue forecasts being adjusted by -3.65% over the past three months. During the same period, the stock price has changed by -15.45%.

Revenue Estimates for FY2025

Revise Downward

-3.65%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-9.44%

In Past 3 Month

Stock Price

Go Down

-15.45%

In Past 3 Month

15 Analyst Rating

Wall Street analysts forecast MTDR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MTDR is 59.00 USD with a low forecast of 46.00 USD and a high forecast of 67.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

13 Buy

2 Hold

0 Sell

Strong Buy

Current: 39.350

Low

46.00

Averages

59.00

High

67.00

Current: 39.350

Low

46.00

Averages

59.00

High

67.00

BofA

Buy

downgrade

$55 -> $50

2025-11-03

Reason

BofA

Price Target

$55 -> $50

2025-11-03

downgrade

Buy

Reason

BofA lowered the firm's price target on Matador to $50 from $55 and keeps a Buy rating on the shares after the company announced that it had entered into multiple natural gas transportation and marketing agreements. Prior to these agreements, the firm estimates that roughly half of Matador's dry gas was exposed to Waha pricing, but with this announcement, it sees that exposure effectively eliminated. The firm updated its 2025 and 2026 capex and oil production estimates based on Q3 results, Q4 guidance, and the preliminary 2026 outlook, the analyst noted.

UBS

Neutral

downgrade

$48 -> $46

2025-10-23

Reason

UBS

Price Target

$48 -> $46

2025-10-23

downgrade

Neutral

Reason

UBS lowered the firm's price target on Matador to $46 from $48 and keeps a Neutral rating on the shares following the company's Q3 report.

BofA

Buy

maintain

$56 -> $55

2025-10-16

Reason

BofA

Price Target

$56 -> $55

2025-10-16

maintain

Buy

Reason

BofA lowered the firm's price target on Matador to $55 from $56 and keeps a Buy rating on the shares ahead of the company reporting Q3 results after market close on October 21. The firm is marking to market its price deck, noting that the main drivers of its price target change are lower 2026 gas prices and weaker natural gas realizations lead by widening Waha differentials.

Mizuho

William Janela

Outperform

downgrade

$73 -> $69

2025-09-15

Reason

Mizuho

William Janela

Price Target

$73 -> $69

2025-09-15

downgrade

Outperform

Reason

Mizuho analyst William Janela lowered the firm's price target on Matador to $69 from $73 and keeps an Outperform rating on the shares. The firm adjusted ratings in the integrated oil space after updating its commodity price outlook and valuations. Mizuho still sees a positive skew in gas prices over the next 12 months. Oil stocks are pricing in the current strip while gas stocks offer a 10%-15% discount based on implied commodity prices, the analyst tells investors in a research note. As such, the firm maintains a relative preference for large-cap, gas exploration and production companies with "selective exposure" to core oil names.

KeyBanc

Overweight

downgrade

$62 -> $61

2025-09-03

Reason

KeyBanc

Price Target

$62 -> $61

2025-09-03

downgrade

Overweight

Reason

KeyBanc lowered the firm's price target on Matador to $61 from $62 and keeps an Overweight rating on the shares. The firm says its updated estimates reflect KeyBanc's revised natural gas price forecast. In addition, the firm increases capitalized G&A and interest expenses to account for the recent upward trends.

William Blair

Neal Dingmann

Outperform

initiated

$70

2025-08-25

Reason

William Blair

Neal Dingmann

Price Target

$70

2025-08-25

initiated

Outperform

Reason

William Blair analyst Neal Dingmann initiated coverage of Matador with an Outperform rating. The firm believes Matador continues to benefit from the aptitude of founder and CEO Joe Foran and team, with Foran demonstrating similar operational and financial success as at his predecessor companies. William Blair notes shares trade at a 3.2-times EV/EBITDAX multiple and a 13% free cash flow yield using its 2026 estimates of $2.5B in EBITDAX and $1.0B in free cash flow, compared to the group average of 3.5-times and 10%. In Blair's view, the company's successful historical track record coupled with leading operational efficiencies deserves a premium versus similarly sized peers. It believes Matador could trade as high as a 5.0-times multiple and 11% yield, suggesting an equally weighted fair value of $70 per share, or 51% upside.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Matador Resources Co (MTDR.N) is 8.29, compared to its 5-year average forward P/E of 6.99. For a more detailed relative valuation and DCF analysis to assess Matador Resources Co 's fair value, click here.

Forward PE
Forward EV/EBITDA
Forward PS

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

6.99

Current PE

8.29

Overvalued PE

8.46

Undervalued PE

5.53

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

4.10

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

4.67

Undervalued EV/EBITDA

3.53

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

2.27

Current PS

39.35

Overvalued PS

5.44

Undervalued PS

-0.90