Matador Resources Management

Management criteria checks 3/4

Matador Resources' CEO is Joseph Foran, appointed in Jul 2003, has a tenure of 21.5 years. total yearly compensation is $8.06M, comprised of 16.8% salary and 83.2% bonuses, including company stock and options. directly owns 3.41% of the company’s shares, worth €232.93M. The average tenure of the management team and the board of directors is 5.5 years and 6.2 years respectively.

Key information

Joseph Foran

Chief executive officer

US$8.1m

Total compensation

CEO salary percentage16.8%
CEO tenure21.5yrs
CEO ownership3.4%
Management average tenure5.5yrs
Board average tenure6.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joseph Foran's remuneration changed compared to Matador Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$925m

Jun 30 2024n/an/a

US$941m

Mar 31 2024n/an/a

US$877m

Dec 31 2023US$8mUS$1m

US$846m

Sep 30 2023n/an/a

US$845m

Jun 30 2023n/an/a

US$919m

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$9mUS$1m

US$1b

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$731m

Dec 31 2021US$9mUS$1m

US$585m

Sep 30 2021n/an/a

US$281m

Jun 30 2021n/an/a

-US$199m

Mar 31 2021n/an/a

-US$658m

Dec 31 2020US$2mUS$1m

-US$593m

Sep 30 2020n/an/a

-US$480m

Jun 30 2020n/an/a

-US$160m

Mar 31 2020n/an/a

US$230m

Dec 31 2019US$8mUS$1m

US$88m

Sep 30 2019n/an/a

US$200m

Jun 30 2019n/an/a

US$174m

Mar 31 2019n/an/a

US$197m

Dec 31 2018US$7mUS$1m

US$274m

Compensation vs Market: Joseph's total compensation ($USD8.06M) is above average for companies of similar size in the German market ($USD3.31M).

Compensation vs Earnings: Joseph's compensation has been consistent with company performance over the past year.


CEO

Joseph Foran (72 yo)

21.5yrs

Tenure

US$8,056,599

Compensation

Mr. Joseph Wm. Foran co-founded Matador Resources Company in July 2003 and has been Chairman and Chief Executive Officer since July 2003 and served as its President from July 2003 to November 2013 and serv...


Leadership Team

NamePositionTenureCompensationOwnership
Joseph Foran
Founder21.5yrsUS$8.06m3.41%
€ 232.9m
Brian Willey
CFO & Executive VP1.9yrsUS$3.00m0.073%
€ 5.0m
Van Singleton
President of Land9.9yrsUS$4.22m0.22%
€ 14.9m
Michael Frenzel
Executive VP & Treasurer6.4yrsUS$2.05m0.054%
€ 3.7m
Christopher Calvert
Executive VP & COO5.3yrsno data0.091%
€ 6.2m
Robert Macalik
Executive VP & Chief Accounting Officer9.5yrsno data0.11%
€ 7.4m
Mac Schmitz
Vice President of Investor Relationsno datano datano data
Bryan Erman
Executive VP2.8yrsno data0.061%
€ 4.1m
George Krug
Executive Vice President of Marketing & Midstream Strategy8.9yrsno data0.17%
€ 11.4m
Edmund Frost
Executive Vice President of Geosciences5.5yrsno datano data
W. Elsener
Executive Vice President of Reservoir Engineering & Senior Asset Manager5.3yrsno data0.083%
€ 5.6m
Glenn Stetson
Executive Vice President of Production5.3yrsno data0.069%
€ 4.7m

5.5yrs

Average Tenure

46yo

Average Age

Experienced Management: 7MR's management team is seasoned and experienced (5.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Joseph Foran
Founder21.5yrsUS$8.06m3.41%
€ 232.9m
Kenneth Stewart
Independent Director7.9yrsUS$211.23k0.055%
€ 3.8m
Robert Baty
Deputy Lead Independent Director8.3yrsUS$313.32k0.039%
€ 2.6m
David Lancaster
Special Board Advisor2.8yrsUS$1.53mno data
Timothy Parker
Lead Independent Director7yrsUS$325.82k0.064%
€ 4.3m
Matthew Hairford
Special Board Advisor2.8yrsUS$4.40mno data
Reynald Baribault
Independent Director10.6yrsUS$304.98k0.10%
€ 7.0m
William Byerley
Independent Director8.6yrsUS$254.98k0.019%
€ 1.3m
Susan Ward
Independent Directorless than a yearno data0.0010%
€ 71.8k
Monika Ehrman
Independent Director5.3yrsUS$225.82k0.027%
€ 1.8m
James Howard
Independent Director4yrsUS$225.82k0.088%
€ 6.0m
Shelley Appel
Director1.6yrsUS$202.32k0.050%
€ 3.4m

6.2yrs

Average Tenure

66.5yo

Average Age

Experienced Board: 7MR's board of directors are considered experienced (6.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 09:13
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Matador Resources Company is covered by 48 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Jeffrey RobertsonBarclays
Subhasish ChandraBenchmark Company