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MTDR - Matador Resources Co...

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Matador Resources Company

MTDR

NYSE

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. It also operates the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. In addition, the company conducts midstream operations in support of its exploration, development, and production operations; provides natural gas processing and oil transportation services; and offers oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. As of December 31, 2021, its estimated total proved oil and natural gas reserves were 323.4 million barrels of oil equivalent, including 181.3 million stock tank barrels of oil and 852.5 billion cubic feet of natural gas. The company was formerly known as Matador Holdco, Inc. and changed its name to Matador Resources Company in August 2011. Matador Resources Company was founded in 2003 and is headquartered in Dallas, Texas.

48.62 USD

1.69 (3.48%)

Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

862.13M

1.66B

3.06B

2.82B

3.48B

5.15B

7.63B

11.3B

16.74B

24.79B

Revenue %

-

92.89

83.89

-7.86

23.47

48.1

48.1

48.1

48.1

Operating Cash Flow

477.58M

1.05B

1.98B

1.87B

2.25B

3.24B

4.8B

7.1B

10.52B

15.58B

Operating Cash Flow %

55.4

63.34

64.71

66.29

64.58

62.86

62.86

62.86

62.86

Cap Ex

-780.46M

-733.48M

-1.08B

-1.55B

-1.97B

-2.9B

-4.3B

-6.36B

-9.43B

-13.96B

Cap Ex %

-90.53

-44.11

-35.45

-55

-56.54

-56.32

-56.32

-56.32

-56.32

Free Cash Flow

-302.87M

319.88M

894.75M

318.02M

280.04M

336.95M

499.02M

739.04M

1.09B

1.62B

Weighted Average Cost Of Capital

Price

48.62

Beta

Diluted Shares Outstanding

124.08M

Costof Debt

8.12

Tax Rate

After Tax Cost Of Debt

5.69

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

2.11B

Total Equity

6.03B

Total Capital

8.15B

Debt Weighting

25.96

Equity Weighting

74.04

Wacc

15.81

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

862.13M

1.66B

3.06B

2.82B

3.48B

5.15B

7.63B

11.3B

16.74B

24.79B

Operating Cash Flow

477.58M

1.05B

1.98B

1.87B

2.25B

3.24B

4.8B

7.1B

10.52B

15.58B

Cap Ex

-780.46M

-733.48M

-1.08B

-1.55B

-1.97B

-2.9B

-4.3B

-6.36B

-9.43B

-13.96B

Free Cash Flow

-302.87M

319.88M

894.75M

318.02M

280.04M

336.95M

499.02M

739.04M

1.09B

1.62B

Wacc

15.81

15.81

15.81

15.81

15.81

Pv Lfcf

290.95M

372.07M

475.8M

608.45M

778.09M

Sum Pv Lfcf

2.53B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

15.81

Free Cash Flow T1

1.63B

Terminal Value

10.64B

Present Terminal Value

5.11B

Intrinsic Value

Enterprise Value

7.63B

Net Debt

2.09B

Equity Value

5.54B

Diluted Shares Outstanding

124.08M

Equity Value Per Share

44.66

Projected DCF

44.66 -0.089%

DCF Levered

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