Foran Joseph Wm buys Matador Resources (MTDR) shares

Published 15/09/2025, 12:36
Foran Joseph Wm buys Matador Resources (MTDR) shares

Matador Resources Co (NYSE:MTDR), a $5.9 billion oil and gas company trading at an attractive P/E ratio of 7x, saw its Chairman and CEO Foran Joseph Wm purchase 2,000 shares of common stock on September 12, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were bought at a weighted average price ranging from $48.14 to $48.15, resulting in a total transaction value of $96,300. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value estimate, while offering a 2.62% dividend yield.

Following the transaction, Foran Joseph Wm directly owns 8,025 shares of Matador Resources Co , showing confidence in the company which has remained profitable over the last twelve months with strong returns over the past five years. The filing also indicates that Foran Joseph Wm indirectly owns several blocks of shares through various trusts, including the Foran 2012 Savings Trust, the Foran 2012 Security Trust, Sage Resources, Ltd, the 2011 Non-GST Trusts, the 2020 Non-GST Trusts, the JWF 2024-1 GRAT, the NNF 2024-1 GRAT, the JWF 2024-2 GRAT, the NNF 2024-2 GRAT, the JWF 2025-1 GRAT, the NNF 2025-1 GRAT, the JWF 2025-2 GRAT, and the NNF 2025-2 GRAT. For comprehensive insider trading analysis and additional insights, access the full InvestingPro research report, available for over 1,400 US stocks.

In other recent news, Matador Resources Company reported its second-quarter earnings for 2025, surpassing earnings per share (EPS) expectations with a reported EPS of $1.53, compared to the forecasted $1.44. However, the company fell short on revenue, generating $815.77 million against the anticipated $908.61 million. Despite the earnings beat, the revenue shortfall appeared to concern investors. Additionally, KeyBanc raised its price target for Matador Resources to $62.00 from $60.00, maintaining an Overweight rating. This decision came after the recent earnings report, which KeyBanc viewed positively. The firm noted that the stock’s decline might be attributed to trading-oriented accounts expecting news on strategic decisions for the company’s Midstream segment. These developments highlight the mixed reactions from investors and analysts regarding Matador’s recent performance.

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