Is Matador Resources Co (NYSE: MTDR) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Matador Resources Company Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Operational Update, 2024 Operating Plan and Market Guidance.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-listed company operates within the Oil & Gas E&P industry segment, falling under the Energy sector. The current market capitalization of Matador Resources Co is $7.60B. A total of 1.17 million shares were traded on the day, compared to an average of 1.25M shares.

In the most recent transaction, Appel Shelley F bought 500 shares of MTDR for 52.98 per share on Dec 13 ’23. After the transaction, the Director now owns 54,708 company shares. In a previous transaction on Dec 12 ’23, PARKER TIMOTHY E. bought 5,000 shares at 52.13 per share. MTDR shares that Director owns now total 79,257.

Among the insiders who bought shares, Ehrman Monika U acquired of 200 shares on Dec 12 ’23 at a per-share price of $52.23. This resulted in the Director holding 33,249 shares of MTDR after the transaction. In another insider transaction, Macalik Robert T bought 125 shares at $52.00 per share on Dec 12 ’23. Company shares held by the EVP, Chief Accounting Officer now total 28,800.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Matador Resources Co pays an annual dividend of $0.70, resulting in a dividend yield of 1.10%, and it has a price to earnings (P/E) ratio of 9.02. MTDR’s most recent ex-dividend date was 2/22/2024 when it declared a $0.20 quarterly dividend that was paid in cash on 3/13/2024. Previously, the company paid the dividend on 12/1/2023 with an ex-dividend date of 11/9/2023. The MTDR stock dividend was $0.20 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, MTDR has a high of $67.71 and a low of $42.04.

As of this writing, MTDR has an earnings estimate of $1.49 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $1.76 per share and a lower estimate of $1.25. The company reported an EPS of $1.86 in the last quarter, which was 12.70% higher than expectations of $1.65.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. MTDR’s latest balance sheet shows that the firm has $48.13M in Cash & Short Term Investments as of fiscal 2021. There were $1.53B in debt and $464.84M in liabilities at the time. Its Book Value Per Share was $32.74, while its Total Shareholder’s Equity was $2.13B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MTDR is Buy with a score of 4.60.

Most Popular

Related Posts