Matador Resources (MTDR) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 22, 2024, might help the stock move higher if these key numbers are bet ...

Matador Resources Co. (MTDR) is an independent oil and gas company. Analysts are cutting this Zacks Rank #5 (Strong Sell)'s earnings estimates as the price of oil falls. Matador is an energy company that explores and produces oil and natural gas in the United States. It is focused on shale and other unconventional plays. Current operations include Wolfcamp and Bone Springs plays in the Delaware Basin in Southeast New Mexico and West Texas. It also operates in the Eagle Ford shale play in South Texas and the ...

Matador Resources Company (MTDR) announced the completion of its $1.832 billion acquisition of a subsidiary of Ameredev II Parent, LLC, adding significant assets in the Delaware Basin to its portfolio. This acquisition aligns with Matador's strategic expansion and enhances its position in a key U.S. oil and gas region. MTDR Expands Delaware Basin Footprint The Ameredev acquisition adds approximately 33,500 contiguous net acres in the Delaware Basin to MTDR's portfolio, with 82% of the acreage held by produc ...

Crude Oil Futures ( CL1:COM ) have risen 21.54% over the past 5 years despite falling 2.02% (YTD) partly due to the surging imbalance between the supply and demand of crude oil into 2024. Recently, the FOMC I have more than five years experience in the financial industry. I focus mostly in the commodities, foreign exchange and cryptocurrencies. I also write on general issues like equity research, economics and geopolitics.Fellow contributor Crispus Nyaga is my colleague. Analyst's Disclosure: I/we have a be ...

Matador Resources Company (MTDR) is a leading upstream player having a solid foothold in prolific oil and natural gas shale and other unconventional plays. The company is likely to see earnings growth of almost 16% and 20% in 2024 and 2025, respectively. What's Favoring Matador Resources? The price of West Texas Intermediate crude is again approaching the $70-per-barrel mark, which is highly favorable for exploration and production activities. Handsome crude price is likely to aid MTDR, carrying a Zacks Ran ...

Second Quarter 2024 Earnings Release July 23, 2024 Investor Relations Contact and Disclosure Statements 2 Investor Relations Contact Safe Harbor Statement – This presentation and statements made by representatives of Matador Resources Company ("Matador" or the "Company") during the course of this presentation includes "forwardlooking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. "Forward-looking st ...

The mean estimate comprises 12 short-term price targets with a standard deviation of $7.22. While the lowest estimate of $62 indicates a 0.9% increase from the current price level, the most optimistic analyst expects the stock to surge 43.2% to reach $88. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. Price, Consensus and EPS Surprise While Wall Street analysts hav ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------------------------|-------|-------------|-------|---------|-------|-------------|-------|-----------| | | | June \n2024 | 30, | 2023 | | June \n2024 | 30, | 2023 | | Operating Data | | | | | | | | | | (1) Revenues (in thousands) | | | | | | | | | | Oil | $ | 705,550 | $ | 510,364 | $ | 1,304,064 | $ | 912,141 | | Natural gas | | 70,729 | | 77,553 | | 175,755 | | 178,685 | | Total oil and natural gas reven ...

Matador Resources Co (NYSE:MTDR) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants Mac Schmitz - VP, IR Joseph Foran - Chairman, CEO & Secretary Brian Willey - CFO, EVP & President, Midstream Operations Christopher Calvert - COO & EVP Tom Elsener - EVP, Reservoir Engineering, Senior Asset Manager Glenn Stetson - EVP, Production Justin Hosp - SVP, Operations, Midstream Gregg Krug - EVP, Marketing and Midstream Strategy Edmund Frost - EVP, Geosciences Conference Call Participants ...

However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cuttingedge growth stocks. While there are numerous reasons why the stock of this independent oil and gas company is a great growth pick right now, we have highlighted three of the most important factors below: While the historical EPS growth rate for Matador is 80.6%, investors should actually focus on ...