Analyst Price Target is $75.67
▲ +39.32% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for Matador Resources in the last 3 months. The average price target is $75.67, with a high forecast of $87.00 and a low forecast of $62.00. The average price target represents a 39.32% upside from the last price of $54.31.
Current Consensus is
Moderate Buy
The current consensus among 13 polled investment analysts is to moderate buy stock in Matador Resources. This rating has held steady since July 2024, when it changed from a Buy consensus rating.
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. Further, it provides natural gas processing and oil transportation services; and oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. The company sells natural gas to unaffiliated independent marketing companies and unaffiliated midstream companies. 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.
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