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Matador Resources Co (Matador Resources Co) Momentum Rank : 10 (As of Apr. 24, 2024)


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What is Matador Resources Co Momentum Rank?

Matador Resources Co has the Momentum Rank of 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Matador Resources Co's Momentum Rank

For the Oil & Gas E&P subindustry, Matador Resources Co's Momentum Rank, along with its competitors' market caps and Momentum Rank 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's Momentum Rank Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Matador Resources Co's Momentum Rank falls into.



Matador Resources Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of Matador Resources Co's Momentum Rank 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