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Shelley F. Appel, a director at Matador Resources Co (NYSE:MTDR), recently acquired additional shares in the company amid the stock trading near its 52-week low of $45.27. According to a recent SEC filing, Appel purchased a total of 400 shares in two separate transactions, as the $5.74 billion market cap company trades at an attractive P/E ratio of 6.37x. The first transaction, completed on March 4, 2025, involved the purchase of 200 shares at an average price of $45.88 per share. The second transaction took place on March 5, 2025, with another 200 shares acquired at a price of $44.00 per share. The total value of these transactions amounted to $17,976. The purchases come as the stock has declined 10.4% in the past week, while offering a dividend yield of 2.69%.
Following these acquisitions, Appel now directly owns 58,441 shares of Matador Resources. Additionally, Appel holds indirect ownership of several other shares through various trusts and accounts, including a Roth Individual Retirement Account and a Roth 401(k) account. These holdings reflect a diversified approach to managing her stake in the company. According to InvestingPro analysis, the stock currently appears undervalued, with multiple additional insights available in the comprehensive Pro Research Report.
In other recent news, Matador Resources Company reported its fourth-quarter performance, which included a slight miss in oil production, reaching 118.4 thousand barrels of oil per day, just below the company’s guidance. Despite higher-than-expected capital expenditures of $392 million, the company raised its annual dividend by 25% to $1.25 per share, signaling confidence in its future cash flow and production growth. Analysts have responded positively, with JPMorgan raising the price target to $76 and maintaining an Overweight rating, while Truist Securities reiterated a Buy rating with an $80 target, praising Matador’s strong quarterly performance. Mizuho (NYSE:MFG) Securities also increased its price target to $77, acknowledging the company’s operational efficiencies and strong initial production results from new wells.
Furthermore, TD Cowen raised its price target to $75, citing anticipated efficiency gains and synergy capture as drivers for robust future performance. Matador’s guidance for 2025 includes higher production and reduced capital expenditure expectations, contributing to an optimistic outlook from analysts. The company has been recognized for its strategic management of capital expenditures and midstream operations, which are seen as valuable assets for future growth. These developments highlight Matador Resources’ ability to adapt to industry conditions and maintain a positive trajectory in the energy sector.
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