Matador Resources CFO Buys $141,600 Worth of Shares in August 2026
Christopher P. Calvert, the Executive Vice President and Chief Financial Officer (CFO) of Matador Resources Company (MTDR), purchased 2,500 shares for a total investment of $141,600 on August 27, 2026, according to an SEC Form 4 filing. The transaction increased his indirect holdings in the company's 401(k) account and added to his overall beneficial ownership stake, which now stands at approximately 0.1% of Matador Resources' shares outstanding. The purchase occurred amid strong recent financial performance for Matador Resources, with a total return on its stock of 14% over the past year as of August 27, 2026. The company reported $3.9 billion in trailing twelve-month revenue and $723.7 million in net income during that period. As an independent oil and gas exploration and production firm with a market capitalization of $7.0 billion, Matador's operations are primarily focused on the Delaware Basin. The insider purchase is seen as a vote of confidence from management regarding the company’s future performance. While such transactions do not guarantee stock success, they often signal optimism about growth potential or undervaluation.
Tickers: $MTDR
Topics: executive activity oil & gas SEC filings