Bear of the Day: Matador Resources (MTDR)

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 ...