The most important thing to take away is that analysts increased their loss per share estimates for this year. Contact the source provider Comtex at editorial@comtex.com. (See TriplePoint’s stock analysis at TipRanks)To find good ideas for dividend stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. Furthermore, these results, along with numerous others that Matador has achieved in 2020, including from the Rodney Robinson and Ray State wells, continue to demonstrate the improved capital efficiency the Company has achieved through its successful transition from drilling and completing one-mile laterals to drilling and completing two-mile or longer laterals in the Delaware Basin. All four Boros wells highlighted in this release are currently producing at restricted flow rates through the Company’s newly constructed production facilities in the Stateline asset area, and all oil, natural gas and water from these wells is being gathered via pipeline. Matador Resources News Release Details . Based on the $13.60 average price target, shares could surge 85% in the next year. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. For this therapy, Rama believes peak sales could land at $3 billion.“From current levels, execution on one product across a few indications or a combination of both products in more select go-forward indications has the potential to create meaningful value (via probability of success increase and/or peak revenue increases),” Rama said.What’s more, both therapies are wholly owned by ITOS, which leaves “the potential for future strategic interest in both assets pending evolution of data,” in Rama’s opinion. Arabtec Holding PJSC made the announcement after emails circulated Wednesday among developers suggesting the firm's end had come. Data Provided by Refinitiv. The Permian Basin in Southeast New Mexico and West Texas is a mature exploration and production province with extensive developments in a wide variety of petroleum systems resulting in stacked target horizons in many areas. Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced plans to release third quarter 2020 operational and financial results after the close of trading on Tuesday, October 27, 2020. This has truly been a team effort, and we are very proud of our geologic, reservoir, land, operations and midstream staff for the significant value each of these groups has individually created in the Stateline asset area through their technical expertise and strong execution. These wells are expected to add significantly to the overall value of Matador’s reserves and to the value of Matador’s midstream affiliate, San Mateo, going forward.”.

Matador also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. Following this this downgrade, earnings are now expected to tip over into loss-making territory, with the analysts forecasting losses of US$0.27 per share in 2020. It will be interesting to see if this downgrade motivates investors to start selling their holdings. But the stock does have some perks.

Early September showed a sharp drop from peak values, but since the eighth of the month – for the past three weeks – volatility has ruled the day. After the transaction, the executive's stake in Matador Resources moved to 32,939 shares. Why Matador Resources Stock Rallied as Much as 10% at the Open Today Normally, energy prices are the big news for exploration and production companies like Matador … Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. All told, the numbers the company released raise the risk that it will miss analysts’ estimates. (1) 24-hr IP per 1,000 feet of completed lateral length. Our current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Management will also host a live conference call on Wednesday, October 28, 2020 at 9:00 a.m. Central Time to review third quarter 2020 financial results and operational highlights. Tech profits could also potentially help offset earnings weakness in the broader market.“As for COVID-19 sensitive companies, Q2 likely marked the bottom with earnings to see a sustained recovery as the economy rebounds, and consumer and corporate behavior gradually normalize,” Lakos-Bujas commented. It is very important to do your own analysis before making any investment. “Forward-looking statements” are statements related to future, not past, events. Buy) along with a $16 price target. These forward-looking statements involve certain risks and uncertainties, including, but not limited to, the following risks related to financial and operational performance: general economic conditions; the Company’s ability to execute its business plan, including whether its drilling program is successful; changes in oil, natural gas and natural gas liquids prices and the demand for oil, natural gas and natural gas liquids; its ability to replace reserves and efficiently develop current reserves; costs of operations; delays and other difficulties related to producing oil, natural gas and natural gas liquids; delays and other difficulties related to regulatory and governmental approvals and restrictions; its ability to make acquisitions on economically acceptable terms; its ability to integrate acquisitions; availability of sufficient capital to execute its business plan, including from future cash flows, increases in its borrowing base and otherwise; weather and environmental conditions; the impact of the novel coronavirus, or COVID-19, pandemic on oil and natural gas demand, oil and natural gas prices and our business; the operating results of the Company’s midstream joint venture’s expansion of the Black River cryogenic processing plant, including the timing of the further expansion of such plant; the timing and operating results of the buildout by the Company’s midstream joint venture of oil, natural gas and water gathering and transportation systems and the drilling of any additional salt water disposal wells, including in conjunction with the expansion of the midstream joint venture’s services and assets into new areas in Eddy County, New Mexico; and other important factors which could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. View source version on businesswire.com: https://www.businesswire.com/news/home/20200929006159/en/, Mac Schmitz Actual results and future events could differ materially from those anticipated in such statements, and such forward-looking statements may not prove to be accurate. Subscriber Agreement & Terms of Use, This target implies an 18% upside for the coming year. Based on this solid data, a Phase 1/2 trial was initiated for EOS-850 in patients with advanced solid tumors, both as monotherapy and in combination with standard of care therapies.