Citigroup has initiated coverage on Matador Resources Co (MTDR), assigning a Buy rating as of December 7, 2025. This marks the firm's first evaluation of the company, reflecting its research and analysis of Matador's business fundamentals, industry dynamics, and growth prospects.
Headquartered in Dallas, Texas, Matador Resources Co operates in the energy sector, focusing on the exploration, development, production, and acquisition of oil and natural gas resources. The company primarily targets the oil and liquids-rich portions of the Wolfcamp and Bone Spring plays in the Delaware Basin, spanning Southeast New Mexico and West Texas. With a market capitalization of $5.1 billion, Matador boasts a price-to-earnings ratio of 6.57 and an impressive dividend yield of 363.0%.
Analyst ratings serve as professional opinions based on financial models and research. While they can provide valuable insights, these assessments are based on assumptions that may not always prove accurate. Investors should consider various factors, including company fundamentals and market trends, when making decisions. Analyst views should complement, not dictate, investment strategies.
In the context of recent performance, Matador has demonstrated strong earnings surprises over the past quarters, including a Q3 2025 EPS of $1.36, exceeding estimates by 5.8%. Upcoming earnings reports are anticipated on July 20, 2026, with an estimated EPS of $1.21 and revenue of $907.0 million.
The recent rating from Citigroup adds to a consensus that currently includes 8 Strong Buy, 16 Buy, and 3 Hold ratings, indicating a general positive outlook among analysts as of December 1, 2025.