Market closed · After hours · 7:08 PM ET
Last update: Sep 16, 2026, 5:08 PM ET
Matador Resources Company
$57.73 8.61% today
After Hours

Why Matador Resources Company (MTDR) stock moved

Updated Sep 16, 2026

Matador Resources Company (MTDR) shares tumbled 8.6% to $57.73 as of September 16, 2026, a significant decline from the prior close of $63.17. BestStocks flagged the session as a major change for MTDR. The move is tied to price move down. Below, we break down what changed for MTDR, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

MTDR fell 8.6% to $57.73

Matador Resources Company (MTDR) moved -6.42% from $61.69 to $57.73 on September 16, 2026. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average at 1.1x, indicating the move occurred without unusual trading activity. MTDR earnings report expected October 27, 2026.

This summary describes the catalyst and move as first detected on Sep 16, 2026, 4:57 PM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
Material / EarningsLow confidence
Rel. volume
1.1×
Normal
Vs peers
No comparable peers
Market cap
$7.2B
New York Stock Exchange
Analyst target
$72
+25.5% vs price
Price chart
Aug 17 – Sep 16
EEEEE$55$59$63Aug 17Aug 24Sep 1Sep 9Sep 16
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Matador Resources Company investors

For Matador Resources Company investors, the recent signals add up to a bearish shift. On the constructive side: Matador Resources Company (MTDR) moved +4.98% from $49.75 to $52.23 on 2026-08-10; Matador Resources Company (MTDR) moved +3.45% from $51.34 to $53.11 on 2026-07-13. Weighing against that: Material negative event; Sharp 8.6% decline — elevated risk. Wall Street's consensus price target sits at $72.45, implying +25.5% upside from $57.73. Over the past 90 days analysts logged 1 upgrade and 0 downgrades. BestStocks rates the overall signal quality low (59/100). With earnings roughly 41 days out, the next report is the most likely near-term test of the move.

MTDR price reaction

MTDR last traded at $57.73, down $5.44 (-8.61%) from the previous close of $63.17. The session traded on 1.1× average volume (normal), so participation was unremarkable. Over the past month the stock has ranged between $55.25 and $63.17, and it currently sits about 31% of the way up that band.

Bullish and bearish analyst opinions on Matador Resources Company (MTDR)

The consensus analyst price target on Matador Resources Company (MTDR) is $72.45, 25.5% above the recent $57.73. Over the past 90 days analysts logged 1 upgrade, 13 maintains, and 0 downgrades. Here is how the bullish and bearish cases on MTDR line up.

The bullish case

  • Wall Street's consensus price target of $72.45 implies +25.5% upside from $57.73.
  • The Street's most bullish target is $93.00 (+61.1%).
  • 1 analyst upgrade in the past 90 days, most recently Wells Fargo to Overweight (2026-09-02).
  • Matador Resources Company (MTDR) moved +4.98% from $49.75 to $52.23 on 2026-08-10.

The bearish case

  • Material negative event.
  • Sharp 8.6% decline — elevated risk.
  • Matador Resources Company (MTDR) moved -3.98% from $48.98 to $47.03 on August 5, 2026.
  • Matador Resources filed a material event 8-K today, coinciding with a 3.46% intraday decline to $53.09.
Bull vs bear balanceBearish Shift
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Sep 16, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $72+25.5%
1 upgrades= 13 maintains
Keybanc maintained Overweight · 2026-09-15
SEC filings watch
10-Q2026-08-07
Quarterly financial results
medium
8-K2026-08-05
Material event — review for impact
high
8-K2026-07-24
Material event — review for impact
high
8-K2026-07-22
Material event — review for impact
high
Peer context
MTDR-8.6%

Previous notable changes for MTDR

Material / Earnings2026-09-15+3.3%
Matador Resources Company (MTDR) moved +3.80% from $60.86 to $63.17 on 2026-09-15, reaching a new 30-day high. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found.
Material / Earnings2026-09-14+0.2%
Matador Resources Company (MTDR) moved −2.52% from $62.76 to $61.18 on September 14, 2026. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average at 1.2x, indicating the move was not driven by unusual trading activity.
Material / Earnings2026-08-27+2.7%
Matador Resources Company (MTDR) moved +4.11% from $54.50 to $56.74 on 2026-08-27. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move occurred on below-average volume (0.6x the 5-day average).
Material / Earnings2026-08-17+4.2%
Matador Resources Company (MTDR) moved +4.02% from $53.78 to $55.94 on 2026-08-17, reaching a new 30-day high. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average at 1.2x.
Upcoming catalysts & outlook
Next earnings
2026-10-27 (est.)
in 41 days
10-Q Filing (est.)
2026-11-06
Medium impact
Thesis shift
Bearish Shift
bearish signal
Risk level
High
from change events

Frequently asked questions about MTDR

Why did Matador Resources Company (MTDR) stock move?

MTDR tumbled 8.6% to $57.73. No single company-specific catalyst was confirmed during the move window, and it looks technical.

How much did MTDR stock fall?

MTDR lost 8.61% ($5.44) versus the prior close of $63.17, last trading at $57.73 on 1.1× average volume.

When is Matador Resources Company's next earnings date?

MTDR's next earnings report is estimated for 2026-10-27 — about 41 days away.

What is the analyst price target for MTDR?

The consensus analyst price target for MTDR is $72.45, about 25.5% above the current $57.73. Over the past 90 days, analysts recorded 1 upgrade, 13 maintains, and 0 downgrades.

How BestStocks tracks MTDR

This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. It draws on 20 tracked change events for MTDR, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of September 16, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.