The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
matador resources sees insider buying and institutional investment growth
EVP Glenn W. Stetson acquired 1,000 shares of Matador Resources at $53.06 each, increasing his ownership by 1.10% to 91,680 shares valued at $4.86 million. Institutional investors have significantly increased their stakes, with 91.98% of the stock now held by hedge funds. Matador recently reported Q4 earnings of $1.83 per share, missing estimates, and announced a dividend increase to $0.3125 per share.
Matador Resources increases 2024 oil production forecast in Permian Basin
Matador Resources Co. has raised its 2024 oil production forecast, now expecting to produce between 98,500 and 101,500 barrels per day, reflecting a 5% increase from earlier estimates. This adjustment highlights the continued growth of oil production in the western Permian Basin, the most active oil field in the U.S.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.