MTDR
Matador Resources (NYSE: MTDR) announced a major acquisition of Paloma Permian LLC for $1.
Article Summary
BUY- Matador Resources (NYSE: MTDR) announced a major acquisition of Paloma Permian LLC for $1.275 billion in cash, significantly expanding its footprint in the Delaware Basin while strengthening its long-term inventory through a separate acreage acquisition and a successful Woodford shale test in New Mexico.
- The acquisition from EnCap Investments-backed Paloma includes 16,235 net undeveloped acres in Eddy and Lea counties, New Mexico, along with producing assets expected to deliver approximately 11,100 barrels of oil equivalent per day during the third quarter of 2026, adding estimated 55 million BOE of proved reserves and more than 156 net drilling locations, primarily targeting Bone Spring and Wolfcamp formations.
- Matador Resources Co. reported strong initial results from its first exploratory Woodford well in southeast Lea County producing more than 2,200 BOE per day consisting of 72% oil during its official 24-hour production test, with the Rae's Creek well outperforming average Texas Woodford wells on 60-day cumulative oil production basis.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -2.9% | 25% | 0.0 ptsDeclining (-2.9%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 13.1% | 25% | 35.0 ptsBelow Screener (13.1%) - Modest outlook |
| Target Price Upside ? | 35.3% | 20% | 85.0 ptsLarge Upside (35.3%) - Target: $69.95 vs Current: $51.71 |
| Gross Margin % ? | 38.9% | 15% | 60.0 ptsSolid (38.9%) - Decent margins |
| Drawdown from 52-Wk High ? | -22.6% | 15% | 40.0 ptsMild Pullback (-22.6%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About MTDR
- Matador Resources Company, an independent energy company, engages in the acquisition, exploration, development, and production 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 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, as well as 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 incorporated in 2003 and is headquartered in Dallas, Texas.