Bank of America Securities analyst Noah Hungness reiterated a Buy rating on Matador Resources yesterday and set a price target of $55.00.
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Noah Hungness has given his Buy rating due to a combination of factors that highlight Matador Resources’ strong operational performance and promising financial outlook. The company is expected to report robust oil production figures for the third quarter of 2025, reaching the upper end of its guidance range. This operational efficiency is further supported by improvements that have reduced cycle times and allowed for accelerated activity, which could positively impact capital expenditures.
Additionally, Matador Resources has announced a 20% increase in its base dividend, resulting in an annual yield of approximately 3.5%. This move is seen as beneficial for shareholders, despite a slight increase in the 2026 post-dividend free cash flow breakeven point. The price objective for Matador Resources is set at $55 per share, reflecting a potential upside of 27% from the current price. This valuation considers the impact of lower 2026 gas prices and weaker natural gas realizations due to widening Waha differentials.
In another report released yesterday, Roth MKM also maintained a Buy rating on the stock with a $55.00 price target.
Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MTDR in relation to earlier this year.