Matador Resources Company chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 27.06
Dividend & Yield0.60$ (1.08%)
Beta 3.54
Market capitalization 6.89B
Operating cash flow 1.98B
ESG Scores unknown

Company description

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. It also operates the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. In addition, the company conducts midstream operations in support of its exploration, development, and production operations; provides natural gas processing and oil transportation services; and offers oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. 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.

Sector: Energy - Industry: Oil & Gas E&P

Financial Ratios
Quick Ratio0.77
Working Capital-6.25
Return On Equity0.31
Debt To Equity0.8
Fixed Asset Ratio0.88
Fixed Interest Cover10.62

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities -19M -43.84M 76.89M 63.45M
Total Cashflows From Investing Activities -903.98M -775.67M -729.26M -1.04B
Net Borrowings 283M 231M -289M -364.3M
Total Cash From Financing Activities 333.08M 324.34M -328.55M -480.85M
Change To Operating Activities 22.97M -31.58M 22.12M 26.88M
Issuance Of Stock 3.3M
Net Income 87.78M -593.21M 584.97M 1.21B
Change In Cash -18.86M 26.25M -4.46M 460.41M
Effect Of Exchange Rate
Total Cash From Operating Activities 552.04M 477.58M 1.05B 1.98B
Depreciation 352.36M 363.78M 346.97M 468.77M
Change To Account Receivables -43.26M 53M -98.46M -205.43M
Other Cashflows From Financing Activities 50.47M 94.89M -16.76M -62.06M
Change To Netincome 143.94M 730.09M 122.4M 413.7M
Capital Expenditures -925.9M -780.46M -733.48M -1.08B

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 158.51M -599.16M 715.35M 1.69B
Net Income 87.78M -593.21M 584.97M 1.21B
Selling General Administrative 80.05M 62.58M 123.1M 154.28M
Gross Profit 710.43M 578.61M 1.46B 2.52B
Ebit 235.48M 163.24M 793.08M 1.76B
Operating Income 235.48M 163.24M 793.08M 1.76B
Interest Expense -73.87M -76.69M -74.69M -67.16M
Income Tax Expense 35.53M -45.6M 74.71M 399.36M
Total Revenue 1.03B 851.13M 1.73B 2.97B
Cost Of Revenue 315.77M 272.52M 270.04M 452.81M
Total Other Income ExpenseNet -76.97M -762.4M -77.73M -73.6M
Net Income From Continuing Ops 122.98M -553.56M 640.64M 1.29B
Net Income Applicable To Common Shares 87.78M -593.21M 584.97M 1.21B

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 2.1B 2.17B 2.13B 2.24B
Total Stockholder Equity 1.83B 1.29B 1.91B 3.11B
Other Current Liabilities 157.09M 112.82M 207.58M 218.35M
Total Assets 4.07B 3.69B 4.26B 5.55B
Common Stock 1.17M 1.17M 1.18M 1.19M
Other Current Assets 25.1M 40.19M 40.76M 46.08M
Retained Earnings -148.5M -741.71M -171.32M 1.01B
Treasury Stock -26k -3k -243k -34k
Cash 40.02M 57.92M 48.13M 505.18M
Total Current Liabilities 399.77M 290.94M 464.84M 575.87M
Other Stockholder Equity
Property, Plant, and Equipment 3.79B 3.42B 3.89B 4.48B
Total Current Assets 278.49M 261.63M 371.31M 1.07B
Net Tangible Assets 1.83B 1.29B 1.91B 3.11B
Net Receivables 189.41M 137.13M 241.42M 453.82M
Accounts Payable 25.23M 13.98M 26.26M 58.85M


Insider Transactions

Here are the insider transactions of stock shares related to Matador Resources Company:

Filer Name Transaction Text Ownership Date Filer Relation Shares
MACALIK ROBERT T.Stock Award(Grant) at price 0.00 per share.D2023-02-16Officer8k
WILLEY BRIAN JStock Award(Grant) at price 0.00 per share.D2023-02-16Officer8k
ELSENER WILLIAM THOMASStock Award(Grant) at price 0.00 per share.D2023-02-16Officer8k
FORAN JOSEPH WMStock Award(Grant) at price 0.00 per share.D2022-12-30Chief Executive Officer278.7k
ADAMS CRAIG NStock Award(Grant) at price 0.00 per share.D2022-12-30Chief Operating Officer118.45k
SINGLETON VAN H IIStock Award(Grant) at price 0.00 per share.D2022-12-30Officer97.55k
MACALIK ROBERT T.Stock Award(Grant) at price 0.00 per share.D2022-12-30Officer8.75k
KRUG GEORGE GStock Award(Grant) at price 0.00 per share.D2022-12-30Officer83.61k
GOODWIN BILLY EStock Award(Grant) at price 0.00 per share.D2022-12-30Officer118.45k
WILLEY BRIAN JStock Award(Grant) at price 0.00 per share.D2022-12-30Officer8.75k
ELSENER WILLIAM THOMASStock Award(Grant) at price 0.00 per share.D2022-12-30Officer8.75k
FORRESTER ROGERS JULIA P.Stock Gift at price 0.00 per share.D2022-12-27Director240
EHRMAN MONIKA U.Purchase at price 57.32 per share.D2022-12-15Director200
ELSENER WILLIAM THOMASConversion of Exercise of derivative security at price 14.80 per share.D2022-10-27Officer9.33k
MACALIK ROBERT T.Conversion of Exercise of derivative security at price 14.80 per share.D2022-08-30Officer4.17k
WILLEY BRIAN JConversion of Exercise of derivative security at price 14.80 per share.D2022-08-30Officer6.67k
FORAN JOSEPH WMStock Gift at price 0.00 per share.I2022-08-22Chief Executive Officer700.58k
MACALIK ROBERT T.Conversion of Exercise of derivative security at price 48.72 per share.D2022-06-22Officer1.67k
WILLEY BRIAN JConversion of Exercise of derivative security at price 48.72 per share.D2022-06-22Officer1.67k
FRENZEL MICHAEL D.Conversion of Exercise of derivative security at price 48.72 per share.D2022-06-22Officer and Treasurer1.25k
ELSENER WILLIAM THOMASConversion of Exercise of derivative security at price 48.72 per share.D2022-06-22Officer1.67k
BARIBAULT REYNALD AStock Award(Grant) at price 0.00 per share.D2022-06-10Director2.04k
BYERLEY WILLIAM M.Stock Award(Grant) at price 0.00 per share.D2022-06-10Director2.04k
BATY ROBERT GAINESStock Award(Grant) at price 0.00 per share.D2022-06-10Director2.04k
FORRESTER ROGERS JULIA P.Stock Award(Grant) at price 0.00 per share.D2022-06-10Director2.04k
STEWART KENNETH L.Stock Award(Grant) at price 0.00 per share.D2022-06-10Director2.04k
PARKER TIMOTHY EStock Award(Grant) at price 0.00 per share.D2022-06-10Director2.04k
EHRMAN MONIKA U.Stock Award(Grant) at price 0.00 per share.D2022-06-10Director2.04k
HOWARD JAMES M.Stock Award(Grant) at price 0.00 per share.D2022-06-10Director2.04k
FORAN JOSEPH WMConversion of Exercise of derivative security at price 62.75 per share.D2022-06-03Chief Executive Officer20.67k
ADAMS CRAIG NConversion of Exercise of derivative security at price 62.75 per share.D2022-06-03Chief Operating Officer9.33k
SINGLETON VAN H IIConversion of Exercise of derivative security at price 62.75 per share.D2022-06-03Officer8.33k
KRUG GEORGE GConversion of Exercise of derivative security at price 62.75 per share.D2022-06-03Officer8.33k
GOODWIN BILLY EConversion of Exercise of derivative security at price 62.75 per share.D2022-06-03Officer9.33k
FORRESTER ROGERS JULIA P.Stock Gift at price 0.00 per share.D2022-05-31Director100
EHRMAN MONIKA U.Purchase at price 51.51 per share.D2022-05-04Director200
MACALIK ROBERT T.Conversion of Exercise of derivative security at price 48.82 per share.D2022-04-29Officer2.56k
WILLEY BRIAN JConversion of Exercise of derivative security at price 48.82 per share.D2022-04-29Officer2.56k
FRENZEL MICHAEL D.Conversion of Exercise of derivative security at price 48.82 per share.D2022-04-29Officer and Treasurer1.81k
FORAN JOSEPH WMConversion of Exercise of derivative security at price 27.26 - 29.68 per share.D2022-04-07Chief Executive Officer213.49k
FORAN JOSEPH WMStock Gift at price 0.00 per share.D/I2022-03-11Chief Executive Officer7k
FORAN JOSEPH WMConversion of Exercise of derivative security at price 54.26 per share.D2022-03-10Chief Executive Officer53.09k
HAIRFORD MATTHEW VConversion of Exercise of derivative security at price 54.26 per share.D2022-03-10President27.87k
LANCASTER DAVID EConversion of Exercise of derivative security at price 54.26 per share.D2022-03-10Chief Financial Officer25.22k
ADAMS CRAIG NConversion of Exercise of derivative security at price 54.26 per share.D2022-03-10Officer22.56k
SINGLETON VAN H IIConversion of Exercise of derivative security at price 54.26 per share.D2022-03-10Officer18.58k
KRUG GEORGE GConversion of Exercise of derivative security at price 54.26 per share.D2022-03-10Officer15.93k
GOODWIN BILLY EConversion of Exercise of derivative security at price 54.26 per share.D2022-03-10Officer22.56k
MACALIK ROBERT T.Conversion of Exercise of derivative security at price 29.68 per share.D2022-02-28Officer7.03k
MACALIK ROBERT T.Stock Award(Grant) at price 0.00 per share.D2022-02-17Officer11.64k
FORAN JOSEPH WMConversion of Exercise of derivative security at price 44.33 per share.D2022-02-11Chief Executive Officer37.79k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Matador Resources Company. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Matador Resources Company

Here is the result of two systematic investment strategies applied to Matador Resources Company. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Matador Resources Company

The following chart shows the equity curve of the two systematic investment strategies applied to Matador Resources Company:

Matador Resources Company automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 117.98% on the backtest period.

Performance at glance

Performance

117.98 %

Latent gain

2665.38 $

Invested capital

2259.12 $

Annualized return

28.5 %
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Momentum strategy results on Matador Resources Company

This is the result of two momentum investment strategies applied to Matador Resources Company. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Matador Resources Company

The following chart shows all the entries opened by the momentum investment system on Matador Resources Company:

Matador Resources Company momentum entries
  • The first momentum investment strategy would give 161.97% of return on Matador Resources Company. That represents 8160.7$ of latent gain with 5038.3$ of employed capital.
  • The second momentum investment strategy would give 102.01% of return on Matador Resources Company. That represents 2808.14$ of latent gain with 2752.86$ of employed capital.
Performance at glance (1Q Momentum)

Performance

161.97 %

Latent gain

8160.7 $

Invested capital

5038.3 $

Annualized return

49.4 %
Performance at glance (2Q Momentum)

Performance

102.01 %

Latent gain

2808.14 $

Invested capital

2752.86 $

Annualized return

27.87 %

Momentum equity curve on Matador Resources Company

The following chart shows the equity curve of the two momentum strategies applied to Matador Resources Company:

Matador Resources Company momentum equity

Note: the dividends potentially given by Matador Resources Company are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Matador Resources Company

The following chart shows the employed capital evolution of the two momentum strategies on Matador Resources Company since the beginning:

Matador Resources Company

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Matador Resources Company

Buy the dip entry openings on Matador Resources Company

Matador Resources Company

The performance achieved by the robo-advisor on Matador Resources Company is 105.72%. That represents 2117.55$ of latent gain with 2002.95$ of employed capital. The following chart shows Matador Resources Company stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Matador Resources Company, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

105.72 %

Latent gain

2117.55 $

Invested capital

2002.95 $

Annualized return

49.4 %

Equity curve of the strategy applied to Matador Resources Company

The following chart shows the result of the investment strategy applied to Matador Resources Company:

Matador Resources Company

Note: the dividends potentially given by Matador Resources Company are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Matador Resources Company

The following chart shows the employed capital evolution since the beginning of the investment strategy on Matador Resources Company:

Matador Resources Company

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Matador Resources Company

In this section, I will compare the three previous investment strategies applied to Matador Resources Company.

Equity curve comparison on Matador Resources Company

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Matador Resources Company investment strategy comparison

Employed capital comparison on Matador Resources Company

Matador Resources Company investment comparison

Performance comparison on Matador Resources Company

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 117.98% 2665.38$ 2259.12$ 28.5%
Momentum 1 quarter 161.97% 8160.7$ 5038.3$ 41.53%
Momentum 2 quarters 102.01% 2808.14$ 2752.86$ 27.87%
Non-directional 105.72% 2117.55$ 2002.95$ 49.4%
Annualized return comparison

Automatic investment

28.5 %

Momentum 1Q

27.87 %

Momentum 2Q

27.87 %

Non-directional

49.4 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Matador Resources Company:

Positive correlations

Most correlated stocks this year

  • Matador Resources Company

  • Most correlated stocks last 3 months

  • Matador Resources Company
  • Tyson Foods Inc - Class A
  • Kenon Holdings Ltd

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Matador Resources Company and the other stocks. There may be false positives or some missing correlated stocks. If the price of Matador Resources Company does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Matador Resources Company
    Country United States
    City Dallas
    Address One Lincoln Centre
    Phone 972 371 5200
    Website www.matadorresources.com
    FullTime employees
    Industry Oil & Gas E&P
    Sector Energy
    Exchange XNYS
    Ticker MTDR
    Market www.nyse.com

    Matador Resources Company ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown