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Date | Price Target | Rating | Analyst |
---|---|---|---|
1/10/2025 | $78.00 | Equal-Weight | Morgan Stanley |
1/3/2025 | $72.00 | Peer Perform → Outperform | Wolfe Research |
7/25/2024 | $80.00 → $84.00 | Equal Weight → Overweight | CapitalOne |
7/18/2024 | Peer Perform | Wolfe Research | |
6/21/2024 | $83.00 | Overweight | Stephens |
11/15/2023 | $73.00 | Overweight | Wells Fargo |
8/16/2023 | $66.00 → $78.00 | Neutral → Buy | Mizuho |
1/10/2023 | $70.00 | Neutral | Mizuho |
Matador Resources Company (NYSE:MTDR) ("Matador") today announced the successful closing of its previously announced agreement whereby Matador contributed Pronto Midstream, LLC ("Pronto"), Matador's wholly-owned midstream subsidiary, to San Mateo Midstream, LLC, Matador's 51%-owned midstream joint venture ("San Mateo"), for a total implied pre-closing valuation of Pronto of approximately $600 million. Upon completion of the transaction, San Mateo has a total estimated asset value of more than $1.5 billion net to Matador.1 Please see Matador's December 5, 2024, press release for additional details on the transaction. Joseph Wm. Foran, Matador's Founder, Chairman and CEO, commented, "We are
Matador Resources Company (NYSE:MTDR) ("Matador") today announced that it has executed a definitive agreement whereby Matador would contribute Pronto Midstream, LLC ("Pronto"), Matador's wholly-owned midstream subsidiary, to San Mateo Midstream, LLC, Matador's midstream joint venture ("San Mateo"), for a total implied valuation of Pronto of approximately $600 million. At the closing of the transaction, Matador will receive an up-front cash payment of approximately $220 million for the contribution of Pronto to San Mateo. In addition, Matador may earn up to $75 million in incentive payments from Five Point Energy LLC ("Five Point") as Matador executes its operational plans in northern Lea Co
Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced that its lenders increased the borrowing base under the Company's credit agreement by 30% from $2.50 billion to $3.25 billion. This increase of the borrowing base resulted from the regularly scheduled semi-annual borrowing base redetermination, although Matador elected to keep the borrowing commitments at $2.25 billion at present but appreciates the potential to increase its borrowings to $3.25 billion at a later date. The borrowing base increase was supported and approved by each of the 19 lenders under Matador's credit facility. Matador is also pleased to announce that its midstream joint venture, San Mat
4 - Matador Resources Co (0001520006) (Issuer)
4 - Matador Resources Co (0001520006) (Issuer)
4 - Matador Resources Co (0001520006) (Issuer)
4 - Matador Resources Co (0001520006) (Issuer)
4 - Matador Resources Co (0001520006) (Issuer)
4 - Matador Resources Co (0001520006) (Issuer)
Morgan Stanley initiated coverage of Matador Resources with a rating of Equal-Weight and set a new price target of $78.00
Wolfe Research upgraded Matador Resources from Peer Perform to Outperform and set a new price target of $72.00
CapitalOne upgraded Matador Resources from Equal Weight to Overweight and set a new price target of $84.00 from $80.00 previously
Matador Resources Company (NYSE:MTDR) ("Matador") today announced the appointment of Ms. Susan M. Ward to its Board of Directors (the "Board"). Ms. Ward is a former 12-year Senior Executive of Shell Oil Company ("Shell") with over 20 years of service at retirement in 2019. Her senior roles in Shell included Head, M&A and Commercial Finance for all of Shell's businesses in the Americas; Vice President, Chief Financial Officer and Board member of Shell Midstream Partners, which she helped take public for Shell in 2014; and Vice President, Upstream Commercial Finance, Shell International Exploration & Production B.V. while based in The Hague for Royal Dutch Shell. She also served as a Board me
Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") announced today the promotions of Billy E. Goodwin to President - Operations and Van H. Singleton, II to President – Land, A&D and Planning, both effective March 31, 2022. Both Messrs. Goodwin and Singleton have over ten years of experience leading departments at Matador and have served on Matador's Executive Committee since 2017. After 17 years with Matador, Matthew V. Hairford is retiring as President as of March 31, 2022, when he will be 61 years old, and is transitioning to a new role as a Special Advisor to Matador's Board of Directors and Executive Committee. In addition, David E. Lancaster, 65, whose service to the Co
SC 13G/A - Matador Resources Co (0001520006) (Subject)
SC 13G/A - Matador Resources Co (0001520006) (Subject)
SC 13G/A - Matador Resources Co (0001520006) (Subject)
8-K/A - Matador Resources Co (0001520006) (Filer)
10-Q - Matador Resources Co (0001520006) (Filer)
8-K - Matador Resources Co (0001520006) (Filer)
Matador Resources Company (NYSE:MTDR) ("Matador") today announced the successful closing of its previously announced agreement whereby Matador contributed Pronto Midstream, LLC ("Pronto"), Matador's wholly-owned midstream subsidiary, to San Mateo Midstream, LLC, Matador's 51%-owned midstream joint venture ("San Mateo"), for a total implied pre-closing valuation of Pronto of approximately $600 million. Upon completion of the transaction, San Mateo has a total estimated asset value of more than $1.5 billion net to Matador.1 Please see Matador's December 5, 2024, press release for additional details on the transaction. Joseph Wm. Foran, Matador's Founder, Chairman and CEO, commented, "We are
Matador Resources Company (NYSE:MTDR) ("Matador") today announced that it has executed a definitive agreement whereby Matador would contribute Pronto Midstream, LLC ("Pronto"), Matador's wholly-owned midstream subsidiary, to San Mateo Midstream, LLC, Matador's midstream joint venture ("San Mateo"), for a total implied valuation of Pronto of approximately $600 million. At the closing of the transaction, Matador will receive an up-front cash payment of approximately $220 million for the contribution of Pronto to San Mateo. In addition, Matador may earn up to $75 million in incentive payments from Five Point Energy LLC ("Five Point") as Matador executes its operational plans in northern Lea Co
Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced that its lenders increased the borrowing base under the Company's credit agreement by 30% from $2.50 billion to $3.25 billion. This increase of the borrowing base resulted from the regularly scheduled semi-annual borrowing base redetermination, although Matador elected to keep the borrowing commitments at $2.25 billion at present but appreciates the potential to increase its borrowings to $3.25 billion at a later date. The borrowing base increase was supported and approved by each of the 19 lenders under Matador's credit facility. Matador is also pleased to announce that its midstream joint venture, San Mat