Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €19.87 EUR
Change Today +0.75 / 3.91%
Volume 0.0
7MR On Other Exchanges
Symbol
Exchange
New York
As of 3:39 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

matador resources co (7MR) Snapshot

Open
€19.43
Previous Close
€19.12
Day High
€20.40
Day Low
€19.33
52 Week High
04/15/15 - €27.35
52 Week Low
12/9/14 - €11.55
Market Cap
1.7B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
85.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MATADOR RESOURCES CO (7MR)

matador resources co (7MR) Related Bloomberg News

View More Bloomberg News

matador resources co (7MR) Related Businessweek News

No Related Businessweek News Found

matador resources co (7MR) Details

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. The company primarily holds interests in the Eagle Ford shale play in South Texas; the Wolfcamp and Bone Spring plays in the Permian Basin in Southeast New Mexico and West Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas. As of December 31, 2014, its estimated proved oil and natural gas reserves were 68.7 million barrels of oil equivalent, including 24.2 million one stock tank barrels of oil and 267.1 billion cubic feet of natural gas. The company was formerly known as Matador Holdco, Inc. and changed its name to Matador Resources Company in August 2011. Matador Resources Company was founded in 2003 and is headquartered in Dallas, Texas.

99 Employees
Last Reported Date: 03/2/15
Founded in 2003

matador resources co (7MR) Top Compensated Officers

Founder, Chairman, Chief Executive Officer, S...
Total Annual Compensation: $875.0K
President
Total Annual Compensation: $500.0K
Chief Operating Officer, Chief Financial Offi...
Total Annual Compensation: $450.0K
Executive Vice President and General Manager
Total Annual Compensation: $460.0K
Special Board Advisor and Consultant
Total Annual Compensation: $659.0K
Compensation as of Fiscal Year 2014.

matador resources co (7MR) Key Developments

Matador Resources Company Announces Unaudited Consolidated Production and Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Revises Earnings Guidance for the Full Year 2015

Matador Resources Company announced unaudited consolidated production and earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $78,096,000 against $90,907,000 a year ago. Operating loss was $240,999,000 against operating income of $30,067,000 a year ago. Loss before income taxes was $246,366,000 against income before income taxes of $28,860,000 a year ago. Net loss was $157,016,000 against net income of $18,226,000 a year ago. Net loss attributable to the company shareholders was $157,091,000 against net income attributable to the company shareholders of $18,226,000 a year ago. Diluted loss per common share was $1.89 against earnings per share of $0.26 a year ago. Net cash provided by operating activities was $113,390,000 against $113,475,000 a year ago. Expenditures for other property and equipment was $32,885,000 against $1,884,000 a year ago. Adjusted EBITDA was $66.7 million against $69.5 million a year ago. Adjusted income attributable to matador resources shareholders before taxes was $6,392,000 against $7,689,000 a year ago. Adjusted net income attributable to the company shareholders was $4,477,000 against $5,332,000 a year ago. Basic and diluted adjusted earnings per share attributable to the company’s shareholders (non-gaap) were $0.05 against $0.07 a year ago. For the quarter, oil production was 1,260 mbbl against 802 mbbl a year ago. natural gas production was 7.0 bcf against 3.6 bcf For the six months, the company reported total revenues of $150,509,000 against $164,888,000 a year ago. Operating loss was $315,803,000 against operating income of $57,324,000 a year ago. Loss before income taxes was $322,953,000 against income before income taxes of $54,759,000 a year ago. Net loss was $207,213,000 against net income of $34,589,000 a year ago. Net loss attributable to the company shareholders was $207,324,000 against net income attributable to the company shareholders of $34,589,000 a year ago. Diluted loss per common share was $2.65 against earnings per share of $0.51 a year ago. Net cash provided by operating activities was $113,390,000 against $113,475,000 a year ago. Expenditures for other property and equipment was $32,885,000 against $1,884,000 a year ago. Adjusted EBITDA was $66.7 million against $69.5 million a year ago. Adjusted income attributable to matador resources shareholders before taxes was $6,392,000 against $7,689,000 a year ago. For the six months, oil production was 2,269 mbbl against 1,463 mbbl a year ago. natural gas production was 13.6 bcf against 6.1 bcf a year ago. Adjusted EBITDA was $116.8 million against $125.8 million a year ago. On August 4, 2015, full-year 2015 guidance estimates were revised as follows: increased estimated capital expenditures from $350 to $425 million (excluding capital expenditures associated with the heyco merger), primarily as a result of beginning to drill wells faster, increased working interests on certain operated wells, additional participation in non-operated wells proposed on the company’s acreage and an increased focus on drilling more, deeper wolfcamp wells in the delaware basin (as opposed to shallower bone spring wells) than originally planned for 2015, as well as for the addition of a third drilling rig in the delaware basin beginning in late July 2015, additional capital allocated to the acquisition of oil and natural gas leases and additional midstream investments; increased estimated oil production from 4.1 to 4.3 million barrels to 4.4 to 4.5 million barrels; increased estimated natural gas production from 24.0 to 26.0 billion cubic feet to 26.0 to 27.0 billion cubic feet; increased estimated oil and natural gas revenues from $270 to $290 million to $290 to $300 million; and increased estimated adjusted ebitda from $200 to $220 million to $220 to $230 million. oil and natural gas revenues and adjusted ebitda guidance are based on actual results for the first six months of 2015 and estimated average realized oil and natural gas prices of $50.00 per barrel and $3.00 per thousand cubic feet, respectively, for the final six months of 2015.

Matador Resources Seeks Acquisitions

Matador Resources Company (NYSE:MTDR) said that another $25 to $30 million of the $75 million increase in the capital expenditure budget for 2015 is expected to be allocated to land acquisition opportunities and additional midstream investments. The company currently anticipates that additional opportunities for acquiring new oil and natural gas leases in attractive areas of the Delaware Basin will continue to be available throughout the remainder of 2015.

Matador Resources Company to Report Q2, 2015 Results on Aug 04, 2015

Matador Resources Company announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Aug 04, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
7MR:GR €19.87 EUR +0.75

7MR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Carrizo Oil & Gas Inc $35.38 USD +2.87
Laredo Petroleum Inc $9.92 USD +0.07
Oasis Petroleum Inc $9.99 USD +0.52
PDC Energy Inc $54.94 USD +3.13
Vanguard Natural Resources LLC $9.62 USD +0.35
View Industry Companies
 

Industry Analysis

7MR

Industry Average

Valuation 7MR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 4.9x
Price/Book 1.8x
Price/Cash Flow 37.1x
TEV/Sales 3.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MATADOR RESOURCES CO, please visit www.matadorresources.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.