MTDR Stock Summary and Trading Ideas (Matador Resources Company | NYSE:MTDR)

Matador Resources Co is an independent energy company engaged in the exploration, development, production, and acquisition of oil and natural gas resources. The majority of the company's assets are located in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Along with maintaining a portfolio of oil and natural gas properties, Matador works to identify and develop midstream opportunities that support and enhance its exploration and development business.

Matador Resources Company trades on the NYSE stock market under the symbol MTDR.

As of January 17, 2025, MTDR stock price climbed to $63.77 with 876,510 million shares trading.

MTDR has a market cap of $7.96 billion. This is considered a Mid Cap stock.

Last quarter Matador Resources Company reported $900 million in Revenue and $1.89 earnings per share. This beat revenue expectation by $52 million and exceeded earnings estimates by $.17.

In the last 3 years, MTDR traded as high as $73.78 and as low as $37.50.

The top ETF exchange traded funds that MTDR belongs to (by Net Assets): IJH, VTI, VB, VXF, VBK.

MTDR has underperformed the market in the last year with a return of +21.8%, while SPY returned +28.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MTDR shares. However, MTDR has outperformed the market in the last 3 month and 2 week periods, returning +22.0% and +8.0%, while SPY returned +3.0% and +1.0%, respectively. This indicates MTDR has been having a stronger performance recently.

MTDR support price is $62.04 and resistance is $64.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MTDR shares will trade within this expected range on the day.