Energy Stock Insider Doubles Down, Buys 2,500 Shares Worth More Than $140,000
Calvert's indirect 401(k) purchase boosts total beneficial ownership to ~130,000 shares, valued at $7.35 million as of transaction date.
Overview
Christopher P. Calvert, EVP and CFO of Matador Resources Company (NYSE:MTDR), purchased 2,500 shares of common stock on Aug. 27, 2026, for a total investment of $141,600, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average purchase price ($56.64); post-transaction value based on Aug. 27, 2026, market close ($56.74).
Details
Matador Resources Company is a mid-cap independent energy producer with a $7.0 billion market capitalization and TTM revenues of $3.9 billion, demonstrating substantial scale within the upstream oil and gas sector. The company's strategic focus on the prolific Delaware Basin, combined with its integrated Exploration and Production and Midstream divisions, provides operational leverage and cost efficiency advantages. Matador's one-year share price appreciation of 13.73% reflects investor confidence in its reserve base, operational execution, and cash-generation capabilities amid a volatile commodity environment.
Source
Originally published at www.fool.com.