Matador Resources (NYSE:MTDR) Announces Earnings Results, Beats Estimates By $0.23 EPS

Matador Resources (NYSE:MTDR) announced its quarterly earnings results on Tuesday. The energy company reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.23, Zacks reports. Matador Resources had a net margin of 18.60% and a return on equity of 14.53%. The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the previous year, the business posted $1.36 EPS. Matador Resources’s revenue was up 33.9% compared to the same quarter last year.

Matador Resources Price Performance

NYSE MTDR opened at $50.36 on Thursday. The stock has a market capitalization of $6.23 billion, a price-to-earnings ratio of 8.68 and a beta of 0.93. Matador Resources has a 1-year low of $37.14 and a 1-year high of $66.84. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.65 and a quick ratio of 0.62. The business’s fifty day moving average price is $56.44 and its 200-day moving average price is $54.44.

Matador Resources Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Tuesday, November 10th will be issued a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Tuesday, November 10th. This is a positive change from Matador Resources’s previous quarterly dividend of $0.3750. Matador Resources’s payout ratio is currently 25.73%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on MTDR shares. Mizuho reduced their price objective on shares of Matador Resources from $77.00 to $71.00 and set an “outperform” rating for the company in a research note on Monday, October 19th. KeyCorp upped their target price on shares of Matador Resources from $68.00 to $73.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 15th. Truist Financial increased their price target on shares of Matador Resources from $59.00 to $65.00 and gave the company a “buy” rating in a report on Wednesday, October 14th. Seaport Research Partners assumed coverage on shares of Matador Resources in a report on Thursday, September 3rd. They set a “neutral” rating on the stock. Finally, Citigroup reduced their price target on shares of Matador Resources from $68.00 to $60.00 and set a “buy” rating for the company in a research report on Tuesday, August 11th. Twelve analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $68.43.

More Matador Resources News

Here are the key news stories impacting Matador Resources this week:

• Positive Sentiment: Matador reported Q3 2026 earnings of $2.08 per share, above the roughly $1.85 consensus estimate, and revenue of $1.39 billion versus expectations of $1.12 billion. Revenue rose 33.9% year over year, while EPS increased from $1.36 a year earlier. Matador Resources Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Reports also highlight stronger production, a 17% dividend increase, and new long-term gas agreements in the Delaware Basin—developments that may support growth and provide greater certainty for gas sales. Matador Resources Q3 2026: Six Straight Beats, Dividend Up 17% Matador Resources Secures New Long Term Gas Agreements
• Negative Sentiment: The key concern is margin compression despite production growth. That profitability pressure appears to be outweighing the earnings beat and other positive updates in investors’ near-term reaction. MTDR Q3 2026 Deep Dive: Market Responds to Margin Compression Despite Production Growth

Insider Buying and Selling

In other news, CFO Christopher P. Calvert bought 2,500 shares of the stock in a transaction on Thursday, August 27th. The shares were bought at an average price of $56.64 per share, with a total value of $141,600.00. Following the completion of the acquisition, the chief financial officer owned 44,000 shares in the company, valued at $2,492,160. The trade was a 6.02% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Joseph Foran acquired 555 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was acquired at an average cost of $54.49 per share, for a total transaction of $30,241.95. Following the acquisition, the chief executive officer owned 4,772 shares of the company’s stock, valued at $260,026.28. The trade was a 13.16% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought 23,144 shares of company stock valued at $1,211,793 over the last 90 days. Company insiders own 5.90% of the company’s stock.

Matador Resources Company Profile

Matador Resources Company (NYSE: MTDR) is an independent energy company engaged in the exploration, development, production and acquisition of oil, natural gas and natural gas liquids. The company focuses primarily on unconventional, or shale, resource plays and operates across both upstream exploration and production and related midstream activities.

Matador’s principal exploration and production operations are located in the Delaware Basin in southeastern New Mexico and West Texas. Its midstream operations, conducted primarily through San Mateo Midstream, provide natural gas gathering and processing, crude oil and produced-water gathering, and water sourcing and disposal services that support the company’s operations and other producers in the region.

Founded in 2003 and headquartered in Dallas, Texas, Matador has historically expanded through development and acquisitions in U.S.