Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. It also operates the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. In addition, the company conducts midstream operations in support of its exploration, development, and production operations. Further, it provides natural gas processing and oil transportation services; and oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. The company sells natural gas to unaffiliated independent marketing companies and unaffiliated midstream companies. The company was formerly known as Matador Holdco, Inc. and changed its name to Matador Resources Company in August 2011. Matador Resources Company was founded in 2003 and is headquartered in Dallas, Texas.
Delaware Dominance | Explore Matador Resources' strategic focus on the Delaware Basin, driving operational excellence and consistent growth in oil production and cash flows. |
Acquisition Prowess | Delve into Matador's $1.9 billion Ameredev acquisition, boosting EBITDA by 16% and adding 15-20 years of inventory at current activity levels. |
Financial Fortitude | Learn how Matador maintains a robust financial position with leverage projected to fall below 1.0x by 2025, despite significant acquisitions. |
Analyst Optimism | Discover why analysts project EPS of $13.54 for 2025 and set price targets ranging from $75 to $89, reflecting confidence in Matador's growth strategy. |
Metrics to compare | MTDR | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipMTDRPeersSector | |
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P/E Ratio | 7.6x | 9.2x | 4.5x | |
PEG Ratio | 1.03 | −0.28 | 0.00 | |
Price/Book | 1.4x | 1.2x | 1.1x | |
Price / LTM Sales | 2.3x | 2.2x | 1.1x | |
Upside (Analyst Target) | 31.2% | 36.5% | 31.4% | |
Fair Value Upside | Unlock | 30.5% | 9.2% | Unlock |