Mar. 3 at 7:15 PM
Matador Resources
$MTDR continues its impressive trajectory, with Q4 2024 production reaching a record 201.1 MBOE/d, up 30% YoY. Crude oil output surged 34% to 118,440 BOPD, while natural gas production climbed 26% to 496.1 MMcf/d. The company recently increased its last quarterly dividend by 25%, reflecting its strong financial position and commitment to shareholder returns.
🔥 BlackRock increased its stake by 1.2M shares (
$67.58M) in Q4 2024, signaling institutional confidence in Matador's future. With analysts forecasting 45% upside potential and a price target of
$77.29, this is one energy stock to watch closely!
📊 Read our full investment review: https://prismo.pro/trading-idea/matador-resources-as-wall-street-still-loves-oil?utm_source=moomoo&utm_medium=social&utm_campaign=trading_idea&utm_content=MTDR&utm_date=2025-03-03
💡 Other energy stocks worth watching:
📈
$FANG
📈
$DVN
📈
$EOG
📈
$MRO