Nucor earnings beat by $0.08, revenue fell short of estimates
DALLAS - Matador Resources Company (NYSE:MTDR), a $6.1 billion market cap energy company with a robust 21.7% revenue growth over the last twelve months, announced several leadership promotions effective June 11, 2025, according to a company press release.
Bryan A. Erman has been elevated to Co-President, Chief Legal Officer and Head of M&A, while William D. Lambert has been promoted to Executive Vice President, Chief Financial Officer and Head of Strategy.
The company also announced two additional executive changes. Brian J. Willey has been promoted to Executive Vice President - Midstream of Matador and Executive Vice President, Chief Administrative Officer and Chief Legal Officer of San Mateo Midstream, LLC. Robert T. Macalik will now serve as Executive Vice President - Administration and Finance of Matador and Executive Vice President and Chief Financial Officer of San Mateo.
Joseph Wm. Foran, Matador’s Founder, Chairman and Chief Executive Officer, stated that Erman’s promotion reflects his critical role in shaping company strategy alongside Co-President Van Singleton. Foran noted that Lambert, who joined earlier this year, has already made significant contributions to the finance and investor relations teams.
Timothy E. Parker, Matador’s Lead Independent Director, highlighted San Mateo’s growth from a gas processing capacity of 60 million cubic feet per day in 2016 to 720 million cubic feet per day currently, making it one of the top three midstream gas processing systems by capacity in New Mexico.
Matador Resources Company is an independent energy company focused on oil and natural gas exploration and production in the United States, primarily in the Delaware Basin in Southeast New Mexico and West Texas. The company trades at an attractive P/E ratio of 6.6 and offers a 2.55% dividend yield, having raised its dividends for four consecutive years. InvestingPro analysis suggests the stock is currently undervalued, with multiple additional insights available through their comprehensive Pro Research Report, part of their coverage of over 1,400 US equities.
In other recent news, Matador Resources Company reported its first-quarter earnings for 2025, exceeding analyst expectations with an earnings per share (EPS) of $1.99, compared to the forecasted $1.84. However, the company’s revenue fell short, posting $909.9 million against a forecast of $959.65 million. Fitch Ratings upgraded Matador Resources’ Long-Term Issuer Default Ratings to ’BB’ from ’BB-’, reflecting successful debt reduction and a stable outlook. BofA Securities initiated coverage on Matador Resources with a Buy rating and a price target of $56.00, citing the company’s diverse growth strategies and strong management. RBC Capital reaffirmed its Outperform rating on Matador Resources, maintaining a price target of $62.00, and highlighted the company’s strategic advantages in its midstream asset. Matador Resources is also exploring options to maximize the value of its midstream operations, including a potential initial public offering (IPO). The company has repaid $190 million in debt and authorized a $400 million share buyback, indicating confidence in its future prospects. These developments suggest a focus on financial stability and growth opportunities amidst a challenging macroeconomic environment.
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