Last $24.27 USD
Change Today +0.62 / 2.62%
Volume 919.5K
MTDR On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

matador resources co (MTDR) Snapshot

Open
$23.44
Previous Close
$23.65
Day High
$24.38
Day Low
$21.85
52 Week High
07/1/14 - $29.94
52 Week Low
12/17/13 - $17.69
Market Cap
1.8B
Average Volume 10 Days
851.8K
EPS TTM
$1.28
Shares Outstanding
73.3M
EX-Date
--
P/E TM
18.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for MATADOR RESOURCES CO (MTDR)

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matador resources co (MTDR) Details

Matador Resources Company, an independent energy company, acquires, explores, develops, and produces oil and natural gas resources in the United States. It primarily holds interests in the Eagle Ford shale play in South Texas; and the Wolfcamp and Bone Spring plays in the Permian Basin in Southeast New Mexico and West Texas. The company also has interests in the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas; and the Meade Peak shale play in Southwest Wyoming and the adjacent areas of Utah and Idaho. As of December 31, 2013, its estimated total proved oil and natural gas reserves were 51.7 million barrels of oil equivalent, including 16.4 million one stock tank barrels of oil and 212.2 billion cubic feet of natural gas. The company was formerly known as Matador Holdco, Inc. and changed its name to Matador Resources Company in August 2011. Matador Resources Company was founded in 2003 and is headquartered in Dallas, Texas.

66 Employees
Last Reported Date: 03/17/14
Founded in 2003

matador resources co (MTDR) Top Compensated Officers

Founder, Chairman of The Board, Chief Executi...
Total Annual Compensation: $600.0K
President
Total Annual Compensation: $330.0K
Chief Operating Officer, Chief Financial Offi...
Total Annual Compensation: $375.0K
Chief Technology Officer and Vice President o...
Total Annual Compensation: $340.0K
Executive Director of Exploration
Total Annual Compensation: $415.6K
Compensation as of Fiscal Year 2013.

matador resources co (MTDR) Key Developments

Matador Resources Company Announces Production Results for the Third Quarter and Nine Months Ended September 30, 2014; Revises Production and Earnings Guidance for Fiscal 2014

Matador Resources Company announced production results for the third quarter and nine months ended September 30, 2014. Its quarterly production results, which were the best quarterly oil equivalent production and quarterly oil production results in the company's history. Oil equivalent production increased 19% year over year from approximately 1.24 million barrels of oil equivalent (BOE) (50% oil) or an average of about 13,500 BOE per day in the third quarter of 2013 to approximately 1.5 million BOE (57% oil) or an average of about 16,100 BOE per day in the third quarter of 2014. Oil production increased 36% year over year from 617,000 barrels ("Bbl") of oil or about 6,700 Bbl of oil per day in the third quarter of 2013 to 839,000 Bbl of oil or about 9,100 Bbl of oil per day in the third quarter of 2014. Natural gas production increased 3% year over year from approximately 3.7 billion cubic feet (Bcf) of natural gas, or about 40.7 million cubic feet of natural gas per day in the third quarter of 2013 to approximately 3.85 Bcf of natural gas, or about 41.8 million cubic feet of natural gas per day in the third quarter of 2014. For the nine months, oil equivalent production year over year increased 24% from 3.2 million BOE for the nine months ended September 30, 2013 or about 11,700 BOE per day to 4.0 million BOE or about 14,500 BOE per day. Oil production year over year increased 51% from 1.5 million Bbl for the nine months ended September 30, 2013 or about 5,600 Bbl of oil per day to 2.3 million Bbl for the nine months ended September 30, 2014 or about 8,400 Bbl of oil per day. Natural gas production year over year remained essentially flat at approximately 10.0 Bcf for the nine months ended both September 30, 2013 and 2014 or about 36.4 million cubic feet of natural gas per day. Matador announced that based on its projections for the remainder of 2014, the company currently anticipates that its total oil equivalent production for 2014 will be between 5.9 and 6.0 million BOE, representing an anticipated increase of between 25 and 33% in the fourth quarter of 2014 as compared to the third quarter, and the sequential quarter to quarter increase of about 6% between the second and third quarter of 2014. Matador increased its full year 2014 oil production guidance range from the high end of 2.8 to 3.1 million barrels to 3.2 to 3.3 million barrels. Matador reaffirms its remaining full year 2014 guidance as revised upwards for (1) estimated capital expenditures of $570 million, (2) estimated natural gas production of 16.0 to 17.5 Bcf (although pointing investors to the middle or lower half of this range), (3) estimated total oil and natural gas revenues of $380 to $400 million and (4) estimated Adjusted EBITDA of $270 to $290 million.

Matador Resources Company Presents at Canaccord Genuity 8th Annual Global Resources Conference, Oct-15-2014

Matador Resources Company Presents at Canaccord Genuity 8th Annual Global Resources Conference, Oct-15-2014 . Venue: Palace Hotel, 455 Madison Avenue, New York, New York, United States.

Matador Resources Company Reports Unaudited Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2014; Reaffirms Earnings Guidance for the Full Year of 2014

Matador Resources Company reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $90,907,000 against $65,959,000 a year ago. Operating income was $30,067,000 against $26,905,000 a year ago. Income before income taxes was $28,860,000 against $25,151,000 a year ago. Net income was $18,226,000 or $0.26 per diluted share against $25,119,000 or $0.45 per diluted share a year ago. Adjusted EBITDA was $69,464,000 against $40,772,000 a year ago. For the six months, the company reported total revenues of $164,888,000 against $120,845,000 a year ago. Operating income was $57,324,000 against $12,650,000 a year ago. Income before income taxes was $54,759,000 against $9,693,000 a year ago. Net income was $34,589,000 or $0.51 per diluted share against $9,615,000 or $0.17 per diluted share a year ago. Net cash provided by operating activities was $113,475,000 against $83,912,000 a year ago. Oil and natural gas properties capital expenditures were $234,335,000 against $173,989,000 a year ago. Expenditures for other property and equipment were $1,884,000 against $2,081,000 a year ago. Adjusted EBITDA was $125,810,000 against $81,444,000 a year ago. For the quarter, the company reported net oil production was $802 MBbl against $447 MBbl a year ago. Natural gas was 3.6 Bcf against 3.1 Bcf a year ago. Average daily production was 15,424 BOE per day against 10,582 BOE per day a year ago. For the six months, the company reported net oil production was $1,463 MBbl against $908 MBbl a year ago. Natural gas was 6.1 Bcf against 6.2 Bcf a year ago. Average daily production was 13,673 BOE per day against 10,739 BOE per day a year ago. For the full year of 2014, the company reaffirms guidance as revised upwards on May 6, 2014 and May 22, 2014 for estimated capital expenditures of $570 million. Estimated total natural gas production of 16.0 to 17.5 Bcf. Estimated total oil and natural gas revenues of $380 to $400 million and estimated Adjusted EBITDA of $270 to $290 million. Further, the company reaffirms its guidance to the high end of its 2014 estimated oil production range of 2.8 to 3.1 million Bbl.

 

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Price/Earnings 21.9x
Price/Sales 4.9x
Price/Book 2.2x
Price/Cash Flow 9.9x
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