As of Jul 25, 2024, the Matador Resources stock's PE ratio is 8.4. This results from the current EPS of $7.34 and stock price of $61.69. The P/E ratio has an increase of 4.3% from the past four quarters average of 8.1.
The PE ratio of Matador Resources has averaged 13.74 over the last ten years. The current PE ratio of 8.4 is 39% below the historical average. Over the past ten years, MTDR's PE ratio was at its highest in the Mar 2017 quarter at 40.32, when the stock price was $23.79 and the EPS was $0.59. The lowest value was in the Mar 2020 quarter, when it reached 1.25 with a price of $2.48 and an EPS of $1.98.
Maximum annual increase: 272.05% in 2019
Maximum annual decrease: -74.56% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.01 | 43.81% |
| 2022 | 5.57 | -24.53% |
| 2021 | 7.38 | N/A |
| 2020 | N/A | N/A |
| 2019 | 23.96 | 272.05% |
| 2018 | 6.44 | -74.56% |
| 2017 | 25.31 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | 12.8 | -47.13% |
The current PE ratio of MTDR is above the 3-year historical average, but it is below the 5 and 10-year averages.
MTDR's PE ratio is lower than its peer stocks EOG and DVN. Matador Resources is presently trading at a lower PE ratio (8.4) than its peer group average of 9.99.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MTDR Matador Resources Co | 8.37 | $7.67B |
| DVN Devon Energy Corp | 8.79 | $29.29B |
| CHK Chesapeake Energy Corp | 9.71 | $10.19B |
| EOG Eog Resources Inc | 10 | $73.07B |
| MRO Marathon Oil Corp | 11.52 | $15.72B |
| CRK Comstock Resources Inc | 47.27 | $3.04B |
MTDR stock has a price to earnings ratio of 8.4 as of Jul 25, 2024.
The average PE ratio for MTDR stock over the past 3 years is 7.68.
The average PE ratio for MTDR stock over the past 5 years is 8.51.
Over the last ten years, the quarterly PE ratio reached a historic high of 40.32 in the Mar 2017 quarter.
MTDR's price to earnings ratio is currently 39% below its 10-year historical average.
MTDR's PE ratio of 8.4 is considered low because the company's stock price is trading at a lower multiple of earnings.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Matador Resources's stock price is $61.69. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.34. Therefore, Matador Resources's P/E ratio for today is 8.4. PE RATIO(8.4) = STOCK PRICE($61.69) / TTM EPS($7.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.