Breaking: Matador Resources (NYSE:MTDR) “Buy” Rating Kept by Stifel Nicolaus Today; The Target Price is Set to $36.0000

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Investors sentiment increased to 2.3 in 2018 Q2. Its up 1.35, from 0.95 in 2018Q1. It is positive, as 25 investors sold Matador Resources Company shares while 44 reduced holdings. 43 funds opened positions while 116 raised stakes. 101.82 million shares or 10.21% more from 92.39 million shares in 2018Q1 were reported.

Amarillo Bankshares reported 123,337 shares or 1.94% of all its holdings. Susquehanna International Group Incorporated Llp has 0% invested in Matador Resources Company (NYSE:MTDR). State Bank Of Montreal Can invested 0% of its portfolio in Matador Resources Company (NYSE:MTDR). Fiera Cap holds 200,065 shares or 0.03% of its portfolio. Sawgrass Asset Mgmt Limited owns 33,940 shares. 145,991 were reported by New York State Common Retirement Fund. Alps Advsrs reported 20,213 shares. Shine Invest Advisory Service Incorporated owns 187 shares or 0% of their US portfolio. Barclays Public Ltd Liability Corporation has 0% invested in Matador Resources Company (NYSE:MTDR) for 17,878 shares. Bnp Paribas Arbitrage Sa holds 157,948 shares or 0% of its portfolio. Metropolitan Life Insur Company invested in 0% or 58,565 shares. Peak6 Investments Ltd Partnership holds 0% of its portfolio in Matador Resources Company (NYSE:MTDR) for 11,023 shares. Voya Invest Management Llc owns 38,858 shares for 0% of their portfolio. Pier Lc holds 0.53% or 128,673 shares in its portfolio. Renaissance Technology, New York-based fund reported 16,200 shares.

Since June 5, 2018, it had 9 insider purchases, and 0 selling transactions for $570,686 activity. 2,000 shares valued at $44,860 were bought by Foran Joseph Wm on Friday, November 23. STEWART KENNETH L. also bought $244,000 worth of Matador Resources Company (NYSE:MTDR) shares. Shares for $18,376 were bought by Macalik Robert T on Monday, November 26. Another trade for 1,000 shares valued at $22,030 was made by Adams Craig N on Tuesday, November 27. $54,700 worth of Matador Resources Company (NYSE:MTDR) was bought by Lancaster David E. Hairford Matthew V had bought 1,000 shares worth $22,270 on Tuesday, November 27.

Matador Resources (NYSE:MTDR) Rating Reaffirmed

Matador Resources (NYSE:MTDR) just had their share rating of a ‘”Buy”‘ issued by research analysts at Stifel Nicolaus, who now has a $36.0000 target price per share on the $2.65 billion market cap company or a 57.89 % upside potential. This key information was shown in an analyst report on 25 November.

Matador Resources Company (NYSE:MTDR) Ratings Coverage

Among 5 analysts covering Matador Resources (NYSE:MTDR), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Matador Resources has $43 highest and $35 lowest target. $38’s average target is 66.67% above currents $22.8 stock price. Matador Resources had 7 analyst reports since June 6, 2018 according to SRatingsIntel. Stifel Nicolaus maintained Matador Resources Company (NYSE:MTDR) on Wednesday, June 6 with “Buy” rating. The firm earned “Accumulate” rating on Wednesday, August 15 by Johnson Rice. KLR Group upgraded the stock to “Buy” rating in Friday, June 29 report. The stock has “Hold” rating by SunTrust on Tuesday, September 25. The company was maintained on Sunday, November 25 by Stifel Nicolaus.

The stock decreased 2.31% or $0.54 during the last trading session, reaching $22.8. About 2.32M shares traded or 54.28% up from the average. Matador Resources Company (NYSE:MTDR) has risen 43.73% since December 2, 2017 and is uptrending. It has outperformed by 28.11% the S&P500.

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. The company has market cap of $2.65 billion. It operates in two divisions, Exploration and Production, and Midstream. It has a 14.54 P/E ratio. The firm primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas; the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas.

More important recent Matador Resources Company (NYSE:MTDR) news were published by: Seekingalpha.com which released: “Matador Resources 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” on August 02, 2018, also Businesswire.com published article titled: “Matador Resources Company Commences Registered Exchange Offer for Previously Issued 5.875% Senior Notes Due 2026 – Business Wire”, Seekingalpha.com published: “Matador Resources: A Strong Permian Player With A 30% Upside – Seeking Alpha” on September 20, 2018. More interesting news about Matador Resources Company (NYSE:MTDR) was released by: Seekingalpha.com and their article: “Matador Resources buys New Mexico acreage in oil and gas lease sale – Seeking Alpha” with publication date: September 12, 2018.

Matador Resources Company (NYSE:MTDR) Institutional Positions Chart

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