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In the latest stock transaction at Matador Resources Co (NYSE:MTDR), Director Shelley F. Appel has purchased 300 shares of the company’s common stock. The transaction, dated February 21, 2025, saw shares acquired at a price of $54.45 each, totaling approximately $16,335. The purchase comes as the stock has declined over 7% in the past week, according to InvestingPro data, which also indicates the company is currently trading below its Fair Value.
Following this acquisition, Appel holds a direct ownership of 58,041 shares in Matador Resources. Additionally, the filing reveals various indirect holdings, which include shares held by family partnerships and trusts, as well as in personal retirement accounts. Notably, these indirect holdings are reported with disclaimers of beneficial ownership, indicating Appel’s interest is limited to her pecuniary stake in these shares. The $6.66 billion energy company maintains a healthy 2.34% dividend yield and trades at an attractive P/E ratio of 7.04. InvestingPro analysis reveals strong financial health scores and additional insights available in the comprehensive Pro Research Report.
In other recent news, Matador Resources Company reported its fourth-quarter earnings, which showed a slight miss in oil production volumes, attributed to third-party midstream constraints. Despite higher-than-expected capital expenditures of $392 million, the company raised its base dividend by 25% to $1.25 per share annually, indicating confidence in its future cash flow and production growth. Matador’s guidance for the first quarter projects oil production at 115 MBo/d, which is below analyst expectations by 5%. Analysts from JPMorgan, Truist Securities, and Mizuho (NYSE:MFG) have maintained positive ratings on the stock, with price targets set at $76, $80, and $77, respectively, reflecting confidence in Matador’s long-term growth potential.
Truist Securities highlighted Matador’s strong fourth-quarter performance, which exceeded consensus estimates for earnings and adjusted free cash flow, despite some midstream challenges. Mizuho noted that while first-quarter volume guidance fell short, operational costs were better than expected, and initial production from new wells was strong. JPMorgan revised its price target to $75 and expects Matador to achieve production volumes of 122.5 MBoe/d in fiscal year 2025, with a capital expenditure of $1.51 billion.
TD Cowen also raised its price target to $75, maintaining a Buy rating based on anticipated efficiency gains and well productivity. The firm recognized Matador as a top pick among small to mid-size companies in its sector, citing the company’s strategic initiatives as key drivers for future success. These developments collectively indicate a positive outlook for Matador Resources, despite some near-term operational challenges.
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