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Matador Resources Co (Matador Resources Co) E10

: $1.24 (As of Dec. 2023)
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E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Matador Resources Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.24 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Matador Resources Co's average E10 Growth Rate was 103.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2024-04-19), Matador Resources Co's current stock price is $64.61. Matador Resources Co's E10 for the quarter that ended in Dec. 2023 was $1.24. Matador Resources Co's Shiller PE Ratio of today is 52.10.

During the past 13 years, the highest Shiller PE Ratio of Matador Resources Co was 1230.20. The lowest was 42.93. And the median was 66.00.


Matador Resources Co E10 Historical Data

The historical data trend for Matador Resources Co's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Matador Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.38 -0.92 -0.45 0.61 1.24

Matador Resources Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.80 0.88 1.07 1.24

Competitive Comparison

For the Oil & Gas E&P subindustry, Matador Resources Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Matador Resources Co Shiller PE Ratio Distribution

For the Oil & Gas industry and Energy sector, Matador Resources Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Matador Resources Co's Shiller PE Ratio falls into.



Matador Resources Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Matador Resources Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.12/129.4194*129.4194
=2.120

Current CPI (Dec. 2023) = 129.4194.

Matador Resources Co Quarterly Data

per share eps CPI Adj_EPS
201403 0.250 99.695 0.325
201406 0.260 100.560 0.335
201409 0.400 100.428 0.515
201412 0.640 99.070 0.836
201503 -0.680 99.621 -0.883
201506 -1.890 100.684 -2.429
201509 -2.860 100.392 -3.687
201512 -2.760 99.792 -3.579
201603 -1.260 100.470 -1.623
201606 -1.150 101.688 -1.464
201609 0.130 101.861 0.165
201612 1.170 101.863 1.487
201703 0.440 102.862 0.554
201706 0.280 103.349 0.351
201709 0.150 104.136 0.186
201712 0.360 104.011 0.448
201803 0.550 105.290 0.676
201806 0.530 106.317 0.645
201809 0.150 106.507 0.182
201812 1.190 105.998 1.453
201903 -0.150 107.251 -0.181
201906 0.310 108.070 0.371
201909 0.380 108.329 0.454
201912 0.200 108.420 0.239
202003 1.080 108.902 1.283
202006 -3.040 108.767 -3.617
202009 -2.380 109.815 -2.805
202012 -0.770 109.897 -0.907
202103 0.510 111.754 0.591
202106 0.890 114.631 1.005
202109 1.710 115.734 1.912
202112 1.800 117.630 1.980
202203 1.730 121.301 1.846
202206 3.470 125.017 3.592
202209 2.820 125.227 2.914
202212 2.110 125.222 2.181
202303 1.360 127.348 1.382
202306 1.370 128.729 1.377
202309 2.200 129.860 2.193
202312 2.120 129.419 2.120

Add all the adjusted EPS together and divide 10 will get our e10.


Matador Resources Co  (NYSE:MTDR) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Matador Resources Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=64.61/1.24
=52.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Matador Resources Co was 1230.20. The lowest was 42.93. And the median was 66.00.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Matador Resources Co E10 Related Terms

Thank you for viewing the detailed overview of Matador Resources Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Matador Resources Co (Matador Resources Co) Business Description

Traded in Other Exchanges
Address
5400 LBJ Freeway, Suite 1500, One Lincoln Centre, Dallas, TX, USA, 75240
Matador Resources Co is an independent energy company engaged in the exploration, development, production, and acquisition of oil and natural gas resources. The majority of the company's assets are located in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Along with maintaining a portfolio of oil and natural gas properties, Matador works to identify and develop midstream opportunities that support and enhance its exploration and development business. The company often uses advanced formation evaluation, 3-D seismic technology, horizontal drilling, and hydraulic fracturing technology to enhance the development of the basins in which it operates.
Executives
Shelley F Appel director 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Robert T Macalik officer: VP, Chief Accounting Officer 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Timothy E. Parker director 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Robert Gaines Baty director 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Joseph Wm Foran director, officer: Chairman, CEO and President 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
William M Byerley director 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Monika U Ehrman director 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Billy E Goodwin officer: SVP - Operations 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
William Thomas Elsener officer: EVP, Reservoir Engineering 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Reynald Baribault director 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Michael D Frenzel officer: SVP, Treasurer (PFO) 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Brian J Willey officer: SVP, President of Midstream 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Craig N Adams officer: VP and General Counsel 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
James M Howard director 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Craig T Burkert director 5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240