Matador Resources (MTDR) closed the last trading session at $61.65, gaining 8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $79.58 indicates a 29.1% upside potential. The mean estimate comprises 12 short-term price targets with a standard deviation of $7.22. While the lowest estimate of $62 indicates a 0.6% increase from the current price level, the most optimistic analyst expec ...

Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Has Matador Resources (MTDR) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Matador Resources is one of 249 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #13 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stoc ...

Investors might want to bet on Matador Resources (MTDR) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analy ...

Matador Resources Company (MTDR) is a leading upstream player, having a strong foothold in prolific oil and natural gas shale and other unconventional plays. The company is likely to see earnings growth of 16.5% and 18.6% in 2024 and 2025, respectively. What's Favoring the Stock? The price of West Texas Intermediate crude has touched the $80-per-barrel mark, which is highly favorable for exploration and production activities. Handsome crude price is likely to aid MTDR, sporting a Zacks Rank #1 (Strong Buy), ...

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits. Another valuation metric that we should highlight is MTDR's P/B ratio of 1.54. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/ ...

Upon completion, Matador's pro forma holdings will exceed 190,000 net acres in the Delaware Basin, boosting production to more than 180,000 barrels of oil and natural gas equivalent (BOE) per day and increasing proved reserves to over 580 million BOE. According to the company, the deal is expected to generate forward one-year Adjusted EBITDA of approximately $425-$475 million, offering a favorable purchase price multiple of 4.2x for the upstream assets. Mr. Foran expressed confidence in the acquisition's ab ...

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A month has gone by since the last earnings report for Matador Resources (MTDR) . Shares have lost about 7.1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Matador due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Matador Q1 Earnings Beat Estimates on Higher Prod ...

Matador Resources Company (MTDR) is a leading upstream player, having a strong foothold in prolific oil and natural gas shale and other unconventional plays. The company is likely to see earnings growth in 2024 and 2025. What's Favoring the Stock? Better-ranked energy companies include Sunoco LP (SUN) , Ultrapar Participacoes SA (UGP) and Eni SpA (E) . All the stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Sunoco, the leading independent ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...