Matador valuation raised

dan_s · Post by **dan_s** » Wed May 07, 2014 10:16 am

Matador Resources (MTDR): An updated Net Income & Cash Flow Forecast model has been posted under the Sweet 16 Tab.

My Fair Value Estimate is now $32.50/share.

Valuation ncreased due to increased production forecast. Matador's first quarter production was 11,904 boepd. They are on-track to exit 2014 at ~21,000 boepd. Look for upgrades on this one after the analysts figure it out.