Matador Resources Company (MTDR): From Top to Bottom

Matador Resources Company (MTDR) is an interesting player in the Basic Materials space, with a focus on Independent Oil & Gas. The stock has been active on the tape, currently trading at $30.86, up from yesterday’s close by 3.49%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Matador Resources Company (MTDR) currently trades with a market capitalization of $3.53 Billion. That value represents a market adjusting for revenues that have been growing by 82.02 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$521.14 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.3 on a per share basis this quarter. Perhaps, that suggests something about why 3.90% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Matador Resources Company recorded a 52-week high of $33.96. It is now trading 3.1% off that level. The stock is trading $29.36 its 50-day moving average by -1.5%. The stock carved out a 52-week low down at $20.13.

In recent action, Matador Resources Company (MTDR) has made a move of +6.71% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.08, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 10.90% with $97.15 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of MTDR.

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