On Dec 06, major Wall Street analysts update their ratings for $Matador Resources (MTDR.US)$, with price targets ranging from $68 to $80.
J.P. Morgan analyst Zach Parham maintains with a buy rating, and adjusts the target price from $71 to $72.
RBC Capital analyst Scott Hanold maintains with a buy rating, and maintains the target price at $70.
Stephens analyst Michael Scialla maintains with a buy rating, and adjusts the target price from $78 to $80.
Roth MKM analyst Leo Mariani maintains with a buy rating, and adjusts the target price from $77 to $68.
Furthermore, according to the comprehensive report, the opinions of $Matador Resources (MTDR.US)$'s main analysts recently are as follows:
In 2025, natural gas producers are anticipated to gain from three significant secular demand trends: the expansion of substantial liquefied natural gas export facilities, increased power requirements due to electrification, and the transition from coal to gas. The expected rise in long-term gas prices to above $3.50 per MMBtu reflects the need for higher prices to encourage additional supply from the Haynesville and other more costly gas basins. Additionally, a shift in the oil market from balanced conditions to a surplus by 2025 due to an increase in supply is anticipated, leading to a more conservative market approach.
Here are the latest investment ratings and price targets for $Matador Resources (MTDR.US)$ from 4 analysts:
Note:
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