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Matador Resources ( (MTDR) ) just unveiled an update.
On April 27, 2026, Matador Resources Company announced that Christopher P. Calvert was promoted to Executive Vice President and Chief Financial Officer and Glenn W. Stetson to Executive Vice President and Chief Operating Officer, with both changes effective April 21, 2026. Calvert, formerly Executive Vice President and Chief Operating Officer, assumes the CFO role from Robert T. Macalik, whose departure as CFO on April 21, 2026, was not related to any financial, accounting or operational disagreements with the company.
Both Calvert and Stetson have led departments at Matador for more than a decade and bring roughly 20 years of industry experience each, having served as key members of the company’s Executive Committee. Matador’s leadership emphasized that the promotions are intended to strengthen execution, efficiency and long-term value creation, underscoring continuity and operational depth in its senior team as it advances its growth strategy in core shale and midstream businesses.
The most recent analyst rating on (MTDR) stock is a Buy with a $69.00 price target. To see the full list of analyst forecasts on Matador Resources stock, see the MTDR Stock Forecast page.
Spark’s Take on MTDR Stock
According to Spark, TipRanks’ AI Analyst, MTDR is a Outperform.
The score is driven primarily by strong cash-flow generation and improved leverage, supported by attractive valuation (low P/E). Offsetting factors include a mixed near-term technical picture and cyclical fundamentals with recent revenue/earnings softening, despite constructive 2026 guidance focused on efficiency and free cash flow.
To see Spark’s full report on MTDR stock, click here.
More about Matador Resources
Matador Resources Company is an independent U.S. energy producer focused on the exploration, development, production and acquisition of oil and natural gas, emphasizing shale and other unconventional plays. Its operations are concentrated in the oil and liquids-rich Wolfcamp and Bone Spring formations in the Delaware Basin of Southeast New Mexico and West Texas, with additional activity in the Haynesville shale and Cotton Valley plays in Northwest Louisiana.
Matador also runs midstream operations that support its upstream activities and serve third-party customers, including natural gas processing, oil transportation, and gathering and disposal services for natural gas, oil and produced water. This integrated structure positions the company to capture value across the energy value chain while concentrating on high-return basins and infrastructure-led growth.
Average Trading Volume: 1,943,146
Technical Sentiment Signal: Strong Buy
Current Market Cap: $7.51B
For detailed information about MTDR stock, go to TipRanks’ Stock Analysis page.