Matador Resources CFO Christopher Calvert Purchases $140k Worth of Shares
Christopher P. Calvert, Executive Vice President and Chief Financial Officer (CFO) of Matador Resources Company (NYSE:MTDR), purchased 2,500 shares for a total value 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 brought his combined direct and indirect ownership to approximately 130,000 shares, representing a 0.1% stake in Matador Resources. Matador Resources reported strong financial performance over the trailing twelve months (TTM), with $3.9 billion in revenue and $723.7 million in net income as of August 28, 2026. The company's stock closed at $56.39 on that date, reflecting a total return of approximately 14% over the past year. As an independent oil and gas exploration and production firm operating primarily in the Delaware Basin, Matador benefits from vertical integration across its upstream and midstream operations. The insider purchase is seen as a sign of confidence by management in the company's future performance. While such transactions do not guarantee stock price appreciation, they are often viewed positively by investors due to their alignment with long-term shareholder interests.
Tickers: $MTDR