Group 1 - Matador Resources Company (NYSE:MTDR) has one of the lowest forward PE ratios among stocks [1] - Benchmark has retained its Buy rating on Matador with a price target of $62, despite lowering its fourth-quarter EBITDA projection from $571 million to $494 million due to weaker mark-to-market commodities and pricing disparities [1] - Benchmark has increased its output and capital expenditure forecasts due to faster cycle times exceeding previous projections [1] Group 2 - Five Point, a private equity partner, is maintaining a 49% ownership in Matador, with expectations of midstream monetization this year to finance future expansion and reduce borrowings on the San Mateo revolver [3] - The current setup assigns an upstream multiple to nearly $300 million of midstream EBITDA, which is considered more competitive than a higher-multiple midstream structure [3] Group 3 - Matador Resources Company is an independent U.S. energy firm focused on exploring, developing, producing, and acquiring oil and natural gas, primarily in the Delaware Basin, Wolfcamp, and Bone Spring plays [4]