KeyBanc Reduces PT on Matador Resources (MTDR) Stock

Matador Resources Company (NYSE:MTDR) is one of the Best Oil and Gas Stocks to Buy According to Analysts. On September 3, KeyBanc reduced the price objective on the company’s stock to $61 from $62, while keeping an “Overweight” rating, as reported by The Fly. As per the firm, its updated estimates showcase the firm’s revised natural gas price forecast. Additionally, the firm has increased the capitalized G&A and interest expenses in order to account for the recent upward trends. However, in Q2 2025, Matador Resources Company (NYSE:MTDR) saw record quarterly production of 209,013 barrels of oil and natural gas equivalent per day (BOE/d), including 122,875 barrels of oil per day (Bbl/d).

Matador Resources Company (NYSE:MTDR)’s integrated upstream and midstream business garnered net cash provided by operating activities of $501 million and adjusted FCF of $133 million, reflecting an industry-leading FCF margin.  In H2 2025 and into 2026, Matador Resources Company (NYSE:MTDR) anticipates continuing to increase its 10 to 15 years of quality Delaware Basin inventory and to enhance its asset positions in the key asset areas to fuel growth and profitability.

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Disclosure: None. This article is originally published at Insider Monkey.