Today, the CTO, EVP-Reservoir Engineering of Matador Resources (MTDR), Bradley Robinson, bought shares of MTDR for $43.36K.
Following Bradley Robinson’s last MTDR Buy transaction on May 17, 2012, the stock climbed by 14.0%. In addition to Bradley Robinson, 10 other MTDR executives reported Buy trades in the last month.
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Based on Matador Resources’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $223 million and quarterly net profit of $17.79 million. In comparison, last year the company earned revenue of $138 million and had a net profit of $15.04 million. MTDR’s market cap is $2.64B and the company has a P/E ratio of 14.39. Currently, Matador Resources has an average volume of 1.96M.
Based on 8 analyst ratings, the analyst consensus is Strong Buy with an average price target of $38.00, reflecting a 62.8% upside. Seven different firms, including BMO Capital and Oppenheimer, currently also have a Buy rating on the stock.
The insider sentiment on Matador Resources has been positive according to 63 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Bradley Robinson’s trades have generated a 18.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Matador Resources Co. is a holding company engages in the exploration, development, production, and acquisition of oil and natural gas resources. It operates through the following segments: Exploration & Production; Midstream, and Corporate.
