From Financial Modeling Prep: 2025-02-18 07:00:02

Matador Resources Company’s (NYSE:MTDR) consensus price target has risen from $77.87 to $84 over the past year, showing increased analyst optimism. Despite this, a decline in earnings is predicted for the upcoming financial report. Zacks upgraded Matador to a Zacks Rank #2 (Buy), indicating confidence in the company’s future earnings potential.

Matador Resources, an independent energy company, focuses on oil and gas exploration, development, and production in strategic regions like the Delaware Basin and Eagle Ford shale. With midstream services for oil and gas transportation, the company has seen a positive trend in its consensus price target, now at $84. However, analysts foresee a decline in earnings.

Analysts are cautious about Matador’s earnings performance despite the optimistic price target. Doug Leggate from Wolfe Research set a price target of $72, lower than the consensus $84. Nonetheless, Zacks upgraded Matador to a Zacks Rank #2 (Buy), signaling confidence in the company’s future earnings potential. Investors should consider all factors when evaluating the stock.



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