Matador Resources Company (MTDR) is trading 11% higher at $54.095 today. While it's a cheerful day for the Energy sector in general, the stock is flying past it's peers. The market is undergoing a significant macro move (1.9%) which could be a factor in the stock's movement.
Matador Resources Company has been trading between a 52-week high of $67.66 and a 52-week low of $33.37. The stock has a market cap of $6.39 Billion.
Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana.