Matador Resources Sees Unusually High Options Volume (MTDR)

Matador Resources (NYSE:MTDR) saw unusually large options trading activity on Thursday. Stock traders purchased 2,902 call options on the stock. This is an increase of 2,167% compared to the typical daily volume of 128 call options.

Several equities research analysts have issued reports on the stock. Royal Bank of Canada set a $39.00 price target on shares of Matador Resources and gave the stock a “buy” rating in a research note on Friday. Zacks Investment Research cut shares of Matador Resources from a “buy” rating to a “hold” rating in a research note on Tuesday, March 13th. ValuEngine raised shares of Matador Resources from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Mizuho raised shares of Matador Resources from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 16th. Finally, Stifel Nicolaus set a $39.00 price target on shares of Matador Resources and gave the stock a “buy” rating in a research note on Wednesday, March 28th. Five investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $33.69.

MTDR opened at $31.39 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.89 and a current ratio of 0.91. Matador Resources has a 1 year low of $20.13 and a 1 year high of $33.96. The company has a market capitalization of $3,371.42, a P/E ratio of 43.60, a P/E/G ratio of 0.89 and a beta of 1.21.



Matador Resources (NYSE:MTDR) last released its earnings results on Wednesday, February 21st. The energy company reported $0.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.02. Matador Resources had a net margin of 22.64% and a return on equity of 7.11%. The business had revenue of $168.40 million for the quarter, compared to analysts’ expectations of $148.89 million. During the same period last year, the company earned $0.08 earnings per share. equities research analysts anticipate that Matador Resources will post 1.26 EPS for the current year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sei Investments Co. boosted its position in shares of Matador Resources by 4.4% in the fourth quarter. Sei Investments Co. now owns 142,446 shares of the energy company’s stock worth $4,434,000 after acquiring an additional 5,948 shares during the last quarter. New York State Common Retirement Fund raised its holdings in Matador Resources by 22.5% in the third quarter. New York State Common Retirement Fund now owns 126,888 shares of the energy company’s stock valued at $3,445,000 after buying an additional 23,274 shares during the period. Arizona State Retirement System raised its holdings in Matador Resources by 37.5% in the fourth quarter. Arizona State Retirement System now owns 69,470 shares of the energy company’s stock valued at $2,163,000 after buying an additional 18,943 shares during the period. Legal & General Group Plc raised its holdings in Matador Resources by 8.5% in the third quarter. Legal & General Group Plc now owns 76,379 shares of the energy company’s stock valued at $2,074,000 after buying an additional 5,975 shares during the period. Finally, GSA Capital Partners LLP purchased a new position in Matador Resources in the third quarter valued at approximately $264,000. 87.63% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION NOTICE: “Matador Resources Sees Unusually High Options Volume (MTDR)” was first reported by Dakota Financial News and is the property of of Dakota Financial News. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://dakotafinancialnews.com/2018/04/14/matador-resources-sees-unusually-high-options-volume-mtdr.html.

About Matador Resources

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 in 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.

Receive News & Ratings for Matador Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Matador Resources and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply