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Matador Resources CoMTDR +3.47%73 Owner Earnings per Share (TTM) is 4.59 as of Jun. 2026, which is 34% below its 10-year median of 6.91. GuruFocus rates MTDR with a GF Scoreâ„¢ of 73/100 and a GF Valueâ„¢ of $61.99 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 456 Oil & Gas companies, Matador Resources Co ranks better than 53.73% on this metric.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
Matador Resources Co's Owner Earnings per Share (TTM) ended in Jun. 2026 was $4.59. It's Price-to-Owner-Earnings ratio for today is 10.6.
The historical rank and industry rank for Matador Resources Co's Owner Earnings per Share (TTM) or its related term are showing as below:
MTDR'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 3.39 Med: 6.91 Max: 948.57
Current: 10.6
Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.
Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.
Matador Resources Co Owner Earnings per Share (TTM) Related Terms
Matador Resources Co Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Matador Resources Co's Owner Earnings per Share (TTM) 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.
Matador Resources Co Owner Earnings per Share (TTM) Chart
MTDR vs MGY, MUR, CNX: Owner Earnings per Share (TTM) Comparison
For the Oil & Gas E&P subindustry, Matador Resources Co's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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 Price-to-Owner-Earnings vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Matador Resources Co's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Matador Resources Co's Price-to-Owner-Earnings falls into.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income.
Matador Resources Co's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 was $178 Mil.
4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $1,327 Mil
It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.
The following shows how to get maintenance capital expenditure.
First, calculate the revenue change regarding to the previous quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.
Matador Resources Co's 5-Year Average Maintenance Capital Expenditure = $1,327 Mil
5. "Change In Working Capital" is from cashflow statement. Matador Resources Co's Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2026 was $203 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.
* 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.
What does a Owner Earnings per Share (TTM) of 4.59 mean?
Matador Resources Co (MTDR) has a Owner Earnings per Share (TTM) of 4.59 as of Jun. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Matador Resources Co. This is 34% below median its historical median of 6.91. Over the past decade, Matador Resources Co's Owner Earnings per Share (TTM) has ranged from 3.39 to 948.57. According to the industry distribution chart, Matador Resources Co ranks #211 out of 456 companies in the Oil & Gas industry, placing it in the top 46.3%.
Is Matador Resources Co's Owner Earnings per Share (TTM) too high?
Matador Resources Co's current Owner Earnings per Share (TTM) of 4.59 is 34% below median its 10-year median of 6.91. Over the past 10 years, this metric has ranged from a low of 3.39 to a high of 948.57. The Oil & Gas industry median Owner Earnings per Share (TTM) is 11.21. Matador Resources Co's value of 4.59 is 59.1% below this industry median. Based on the distribution chart, Matador Resources Co ranks #211 out of 456 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Matador Resources Co has a GF Scoreâ„¢ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Matador Resources Co's Owner Earnings per Share (TTM) compare to MGY and MUR?
According to the Oil & Gas industry distribution chart, Matador Resources Co ranks #211 out of 456 companies for Owner Earnings per Share (TTM). This puts Matador Resources Co in the upper half of its industry. The industry median Owner Earnings per Share (TTM) is 11.21. Matador Resources Co's value of 4.59 is 59.1% below this benchmark. Historically, Matador Resources Co's own Owner Earnings per Share (TTM) has ranged from 3.39 to 948.57 over the past decade. While the company's 10-year median is 6.91 vs. the industry median of 11.21, Matador Resources Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for an Oil & Gas company?
The median Owner Earnings per Share (TTM) among Oil & Gas companies is 11.21, based on 456 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Matador Resources Co's current Owner Earnings per Share (TTM) of 4.59 is 59.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Matador Resources Co. For the Oil & Gas industry, the median Owner Earnings per Share (TTM) is 11.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matador Resources Co's current Owner Earnings per Share (TTM) is 4.59, which is 34% below median its own 10-year median of 6.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matador Resources Co stock overvalued right now?
Based on GuruFocus' analysis, Matador Resources Co (MTDR) is currently considered Modestly Undervalued. The stock's GF Value™ is $61.99, compared to a current price of $48.66 — trading 21.5% below its estimated fair value. The current Owner Earnings per Share (TTM) is 4.59, which is 34% below median its 10-year median of 6.91 and 59.1% below the Oil & Gas industry median of 11.21. Matador Resources Co's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Matador Resources Co (MTDR), the current Owner Earnings per Share (TTM) is 4.59 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Matador Resources Co (MTDR) Overvalued in 2026?
Based on GuruFocus' analysis, Matador Resources Co stock appears to be undervalued.
The current stock price of $48.66 is trading 21.5% below its estimated GF Value™ of $61.99.
GuruFocus considers Matador Resources Co to be Modestly Undervalued.
Key valuation signals for MTDR:
Owner Earnings per Share (TTM): 4.59 (34% below median its 10-year median of 6.91)
GF Value™: $61.99 vs. price of $48.66 (21.5% below fair value)
Industry Position: 59.1% below the Oil & Gas median (#211 of 456)
No single metric tells the full story. See the MTDR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 has two reportable business segments: exploration and production and midstream. The company generates majority of its revenue from the exploration and production segment.
73GF Score
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