Here's Why You Should Hold on to Matador Resources Stock Now
MTDRMatador Resources(MTDR) ZACKS·2024-09-13 22:10

Matador Resources Company (MTDR) is a leading upstream player having a solid foothold in prolific oil and natural gas shale and other unconventional plays. The company is likely to see earnings growth of almost 16% and 20% in 2024 and 2025, respectively.What’s Favoring Matador Resources?The price of West Texas Intermediate crude is again approaching the $70-per-barrel mark, which is highly favorable for exploration and production activities. Handsome crude price is likely to aid MTDR, carrying a Zacks Rank ...