Matador Resources (MTDR) Valuation Update - Mar 18
Posted: Tue Mar 18, 2025 2:41 pm
TipRanks: "In the last 3 months, 14 ranked analysts set 12-month price targets for MTDR. The average price target among the analysts is $75.43." Since March 5, four of the analysts have adjusted their price targets to $65, $67, $70 and $73.
Hedges: Matador only has oil collars in place that have ceilings on $86 and floors at $60.
My 2025 forecast is now based on Matador getting realized oil prices of $70/bbl and realized natural gas + NGL prices of $3.75/mcfe. Matador reports natural gas and NGLs on a combined basis. In Q4 2024 the company's realized prices were $70.66/bb for crude oil and $2.81/mcfe for natural gas and NGLs.
2025 production is expected to be 205,000 boepd, split is approximately 60% oil and 40% natural gas + NGLs.
Matador is an "Aggressive Growth" company that does pay a small dividend.
Recent production grow has been 22.4% in 2022, 24.9% in 2023, 29.6% in 2024 and the Company's guidance is for 20% in 2025.
MTDR is currently ranked 17th of the 84 companies in Harry's database.
My adjusted current valuation is $90/share. We will be publishing an updated profile on Matador tomorrow.
Hedges: Matador only has oil collars in place that have ceilings on $86 and floors at $60.
My 2025 forecast is now based on Matador getting realized oil prices of $70/bbl and realized natural gas + NGL prices of $3.75/mcfe. Matador reports natural gas and NGLs on a combined basis. In Q4 2024 the company's realized prices were $70.66/bb for crude oil and $2.81/mcfe for natural gas and NGLs.
2025 production is expected to be 205,000 boepd, split is approximately 60% oil and 40% natural gas + NGLs.
Matador is an "Aggressive Growth" company that does pay a small dividend.
Recent production grow has been 22.4% in 2022, 24.9% in 2023, 29.6% in 2024 and the Company's guidance is for 20% in 2025.
MTDR is currently ranked 17th of the 84 companies in Harry's database.
My adjusted current valuation is $90/share. We will be publishing an updated profile on Matador tomorrow.