Matador Resources Company Reports Record Third Quarter 2024 Results, Increases Full-Year 2024 Guidance and Expects Over 200,000 BOE Per Day in 2025

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Go back to Matador Resources Company Reports Record Third Quarter 2024 Results, Increases Full-Year 2024 Guidance and Expects Over 200,000 BOE Per Day in 2025

Matador Resources Company (MTDR) PT Lowered to $60 at CFRA

October 23, 2024 4:14 PM EDT

CFRA analyst Stewart Glickman lowered the price target on Matador Resources Company (NYSE: MTDR) to $60.00 (from $75.00) while maintaining a Buy rating.

The analyst comments "Our 12-month target of $60, cut $15, reflects a 4.6x multiple of enterprise value to projected 2025 EBITDA, in line with MTDR's... More

Mizuho Reiterates Outperform Rating on Matador Resources Company (MTDR)

October 23, 2024 6:20 AM EDT

Mizuho analyst Nitin Kumar reiterated an Outperform rating and $74.00 price target on Matador Resources Company (NYSE: MTDR)

The analyst comments "Stock Reaction to PR: Modestly Positive. MTDR delivered a ~2% EBITDX beat on in-line oil volumes (stand-alone oil production near top-end of... More