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Matador Resources Co (NYSE:MTDR) director Monika U. Ehrman recently purchased 300 shares of the company’s common stock. The transaction, dated March 10, 2025, saw Ehrman acquiring shares at a price of $45.20 each, totaling $13,560. Following this transaction, Ehrman holds 36,567 shares directly. The purchase comes as the stock trades near its 52-week low of $43.89, with a current P/E ratio of 6.56 and a dividend yield of 2.66%. The purchase reflects Ehrman’s ongoing investment in the Dallas-based oil and gas company, which specializes in crude petroleum and natural gas. With a market capitalization of $5.88 billion, Matador Resources has demonstrated strong long-term performance. According to InvestingPro analysis, the stock is currently trading below its Fair Value, with analyst price targets ranging from $62 to $90 per share. For deeper insights and additional ProTips, investors can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Matador Resources Company has seen several updates from analysts following its fourth-quarter earnings report. JPMorgan slightly increased its price target to $76, maintaining an Overweight rating, despite Matador’s first oil production miss in recent history and higher-than-expected capital expenditures. The company’s fourth-quarter oil volumes were just shy of its guidance, attributed to midstream constraints, but these issues have largely been resolved. Truist Securities maintained a Buy rating with an $80 target, praising Matador’s performance that surpassed consensus estimates for earnings and adjusted free cash flow. Mizuho (NYSE:MFG) Securities also raised its price target to $77, citing positive operational cost management and strong initial production results from new wells.
JPMorgan’s updated model predicts Matador will achieve oil production of 123.5 thousand barrels per day by FY25, with free cash flow projected at $967 million, reflecting a 13.5% yield. Additionally, TD Cowen raised its price target to $75, maintaining a Buy rating, following meetings with Matador executives who discussed efficiency gains and synergy capture. These developments underscore a positive outlook from analysts, with expectations of continued growth and operational efficiency improvements. Matador Resources’ strategic management of capital expenditures and robust midstream assets have been highlighted as key factors in its promising future performance.
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