Group 1 - Matador Resources (MTDR) is part of the Oils-Energy sector, which consists of 247 individual stocks and holds a Zacks Sector Rank of 6, indicating its relative strength among sector groups [2] - The Zacks Rank system highlights stocks with favorable earnings estimates and revisions, with Matador Resources currently holding a Zacks Rank of 2 (Buy) [3] - The consensus estimate for MTDR's full-year earnings has increased by 11.1% in the past quarter, reflecting improved analyst sentiment and a positive earnings outlook [3] Group 2 - Year-to-date, Matador Resources has gained approximately 5.3%, outperforming the Oils-Energy sector's average return of 5% [4] - Another stock in the Oils-Energy sector, Range Resources (RRC), has performed even better with a year-to-date return of 10.4% [4] - Matador Resources is categorized under the Oil and Gas - Exploration and Production - United States industry, which includes 34 stocks and currently ranks 52 in the Zacks Industry Rank, while this industry has seen an average loss of 13% this year [6] Group 3 - Investors in the Oils-Energy sector should monitor Matador Resources and Range Resources for their continued strong performance [7]
Has Matador Resources (MTDR) Outpaced Other Oils-Energy Stocks This Year?