Matador Resources Management
Management criteria checks 4/4
Matador Resources' CEO is Joseph Foran, appointed in Jul 2003, has a tenure of 21.42 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 $230.13M. The average tenure of the management team and the board of directors is 5.4 years and 6.1 years respectively.
Key information
Joseph Foran
Chief executive officer
US$8.1m
Total compensation
| CEO salary percentage | 16.8% |
| CEO tenure | 21.4yrs |
| CEO ownership | 3.4% |
| Management average tenure | 5.4yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
Matador Resources' (NYSE:MTDR) Upcoming Dividend Will Be Larger Than Last Year's
Nov 06
Matador Resources Expects Over 200,000 BOEPD In 2025 Production
Oct 25Matador Resources' (NYSE:MTDR) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 20A Look At The Intrinsic Value Of Matador Resources Company (NYSE:MTDR)
Sep 30Matador's Valuation Doesn't Account For The Threat Of An Exploration Ban
Sep 30Matador Resources Company: Acquisition Of Upstream Assets Set To Grow Valuation Into 2025
Sep 24Potential Upside For Matador Resources Company (NYSE:MTDR) Not Without Risk
Sep 04Matador Resources: Batter Up!
Jun 25A Look At The Intrinsic Value Of Matador Resources Company (NYSE:MTDR)
Jun 02Matador Resources (NYSE:MTDR) Is Looking To Continue Growing Its Returns On Capital
May 12Matador Resources: Growth In Production While Maintaining A Solid Balance Sheet
May 02Insufficient Growth At Matador Resources Company (NYSE:MTDR) Hampers Share Price
Apr 20Matador Resources: Profitable Oil Growth, Raising Target
Apr 09Matador Resources Company (NYSE:MTDR) Just Released Its Yearly Earnings: Here's What Analysts Think
Feb 23Matador Resources (NYSE:MTDR) Is Due To Pay A Dividend Of $0.20
Feb 17Matador Resources Company: Downside Seems Limited From Here
Feb 01Matador Resources (NYSE:MTDR) Is Doing The Right Things To Multiply Its Share Price
Jan 07Matador Resources: A Solid Shale Driller At A Cheap Price
Nov 13Matador Resources: Still In A Buy Zone
Aug 29Matador Resources: Oil Growth With A Near-Term Upside Catalyst
Jul 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$925m |
| Jun 30 2024 | n/a | n/a | US$941m |
| Mar 31 2024 | n/a | n/a | US$877m |
| Dec 31 2023 | US$8m | US$1m | US$846m |
| Sep 30 2023 | n/a | n/a | US$845m |
| Jun 30 2023 | n/a | n/a | US$919m |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$9m | US$1m | US$1b |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$731m |
| Dec 31 2021 | US$9m | US$1m | US$585m |
| Sep 30 2021 | n/a | n/a | US$281m |
| Jun 30 2021 | n/a | n/a | -US$199m |
| Mar 31 2021 | n/a | n/a | -US$658m |
| Dec 31 2020 | US$2m | US$1m | -US$593m |
| Sep 30 2020 | n/a | n/a | -US$480m |
| Jun 30 2020 | n/a | n/a | -US$160m |
| Mar 31 2020 | n/a | n/a | US$230m |
| Dec 31 2019 | US$8m | US$1m | US$88m |
| Sep 30 2019 | n/a | n/a | US$200m |
| Jun 30 2019 | n/a | n/a | US$174m |
| Mar 31 2019 | n/a | n/a | US$197m |
| Dec 31 2018 | US$7m | US$1m | US$274m |
| Sep 30 2018 | n/a | n/a | US$176m |
| Jun 30 2018 | n/a | n/a | US$173m |
| Mar 31 2018 | n/a | n/a | US$142m |
| Dec 31 2017 | US$10m | US$1m | US$126m |
Compensation vs Market: Joseph's total compensation ($USD8.06M) is about average for companies of similar size in the US market ($USD8.00M).
Compensation vs Earnings: Joseph's compensation has been consistent with company performance over the past year.
CEO
Joseph Foran (72 yo)
21.4yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 21.4yrs | US$8.06m | 3.41% $ 230.1m | |
| CFO & Executive VP | 1.8yrs | US$3.00m | 0.073% $ 4.9m | |
| President of Land | 9.8yrs | US$4.22m | 0.22% $ 14.8m | |
| Executive VP & Treasurer | 6.3yrs | US$2.05m | 0.054% $ 3.6m | |
| Executive VP & COO | 5.2yrs | no data | 0.091% $ 6.1m | |
| Executive VP & Chief Accounting Officer | 9.4yrs | no data | 0.11% $ 7.3m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 2.8yrs | no data | 0.061% $ 4.1m | |
| Executive Vice President of Marketing & Midstream Strategy | 8.8yrs | no data | 0.17% $ 11.3m | |
| Executive Vice President of Geosciences | 5.4yrs | no data | no data | |
| Executive Vice President of Reservoir Engineering & Senior Asset Manager | 5.2yrs | no data | 0.083% $ 5.6m | |
| Executive Vice President of Production | 5.2yrs | no data | 0.069% $ 4.7m |
5.4yrs
Average Tenure
46yo
Average Age
Experienced Management: MTDR's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 21.4yrs | US$8.06m | 3.41% $ 230.1m | |
| Independent Director | 7.8yrs | US$211.23k | 0.055% $ 3.7m | |
| Deputy Lead Independent Director | 8.2yrs | US$313.32k | 0.039% $ 2.6m | |
| Special Board Advisor | 2.8yrs | US$1.53m | no data | |
| Lead Independent Director | 6.9yrs | US$325.82k | 0.064% $ 4.3m | |
| Special Board Advisor | 2.8yrs | US$4.40m | no data | |
| Independent Director | 10.5yrs | US$304.98k | 0.10% $ 6.9m | |
| Independent Director | 8.5yrs | US$254.98k | 0.019% $ 1.3m | |
| Independent Director | less than a year | no data | 0.0010% $ 71.0k | |
| Independent Director | 5.3yrs | US$225.82k | 0.027% $ 1.8m | |
| Independent Director | 3.9yrs | US$225.82k | 0.088% $ 6.0m | |
| Director | 1.5yrs | US$202.32k | 0.050% $ 3.4m |
6.1yrs
Average Tenure
66.5yo
Average Age
Experienced Board: MTDR's board of directors are considered experienced (6.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 05:28 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Jeffrey Robertson | Barclays |
| Subhasish Chandra | Benchmark Company |