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Joseph Wm. Foran, Chairman and CEO of Matador Resources Co (NYSE:MTDR), has recently purchased 5,000 shares of the company’s common stock. The acquisition took place on April 29, 2025, at an average price of $40.86 per share, with prices ranging from $40.74 to $40.98. This transaction amounts to a total value of approximately $204,300. The purchase comes as InvestingPro analysis indicates the stock is trading below its Fair Value, with the company maintaining strong profitability metrics including a 79.8% gross margin and an attractive P/E ratio of 5.5x.
Following this purchase, Foran directly owns 50,756 shares in Matador Resources. Additionally, he holds various indirect ownership stakes in the company through several trusts and partnerships, maintaining a substantial interest in the company’s stock. While the stock has faced recent volatility, with a 26.7% decline year-to-date, InvestingPro data shows the company has consistently raised its dividend for 4 consecutive years and maintains a healthy 3.05% dividend yield. For deeper insights into Matador Resources’ valuation and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Matador Resources reported its first-quarter earnings for 2025, revealing an earnings per share (EPS) of $1.99, surpassing analyst expectations of $1.84. However, the company posted a revenue of $909.9 million, which fell short of the forecasted $959.65 million. Despite the earnings beat, Matador Resources has been actively managing its financial health, repaying $190 million in debt and continuing its trend of increasing dividends, which it has done six times over the past four years. The company also announced a $400 million share buyback program and is considering a midstream initial public offering (IPO) as part of its strategic initiatives. Looking forward, Matador Resources anticipates a 17% increase in oil production by the end of the year, with the second quarter expected to be a record in terms of production. Analysts from firms such as KeyBanc Capital Markets and JPMorgan have shown interest in the company’s midstream expansion and future growth strategy. Matador Resources continues to focus on operational flexibility and maintaining a balanced approach to growth, as highlighted by its executives during the earnings call.
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