MTDR Description — Matador Resources Co
Matador Resources is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the U.S., with a focus on oil and natural gas shale and other unconventional plays. Co.'s operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Co. also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. Additionally, Co. conducts midstream operations through its midstream joint ventures, San Mateo Midstream, LLC and San Mateo Midstream II, LLC.
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Strong Buy (3.64 out of 4) 64th percentile
(ranked higher than approx. 64% of all stocks covered)
Analysts Forecast: MTDR Price Target Based on data provided by Zacks Investment Research via Quandl.com |
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