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In a recent transaction reported to the Securities and Exchange Commission, Christopher P. Calvert, Executive Vice President and Chief Operating Officer of Matador Resources Co (NYSE:MTDR), purchased 1,500 shares of the company’s common stock. The transaction, dated May 1, 2025, was executed at a price of $41.13 per share, amounting to a total purchase value of $61,695. This insider purchase comes as the $5.1 billion energy company trades below its InvestingPro Fair Value, with the stock down over 26% year-to-date.
Following this acquisition, Calvert holds a total of 36,500 shares indirectly through his 401(k) account. Additionally, he directly owns 85,293 shares, which include shares acquired through Matador’s Employee Stock Purchase Plan and restricted stock grants. These grants are set to vest over the next few years, enhancing his stake in the company. InvestingPro data shows the stock’s high volatility with a beta of 2.75, though the company maintains a GOOD financial health score. For deeper insights into insider trading patterns and comprehensive analysis, access the full Pro Research Report, available for over 1,400 US stocks.
In other recent news, Matador Resources reported its first-quarter earnings for 2025, surpassing analyst expectations with an earnings per share (EPS) of $1.99, compared to the forecasted $1.84. However, the company did not meet revenue expectations, posting $909.9 million against a forecast of $959.65 million. Despite the earnings beat, Matador Resources announced the repayment of $190 million in debt and continued its trend of increasing dividends. The company also authorized a $400 million share buyback and is exploring the possibility of a midstream IPO, signaling strategic financial maneuvers. Analysts from KeyBanc Capital Markets and JPMorgan raised inquiries about Matador’s midstream expansion and future growth strategies. The company anticipates a 17% increase in oil production by the end of the year and expects the second quarter to be a record in terms of production. Matador Resources continues to focus on operational flexibility and strategic growth, as emphasized by its executives during the earnings call.
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