Here's Why Matador (MTDR) is an Attractive Investment Bet
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), ...