The CEO and COO open-market purchases are a modest positive signal, but the dollar amount is too small relative to market cap to be material. The purchases coincide with a credit facility expansion that provides additional liquidity headroom. Monitor for any follow-on purchases or a material increase in buying volume before assigning directional significance.
Price Chart
Executive Summary
Matador Resources Co (MTDR) insiders executed a cluster of open-market purchases totaling $179K over an 8-day window, led by CEO Joseph Foran ($106K) and EVP/COO Glenn Stetson ($27K). The purchases follow a June 10 credit facility amendment that increased aggregate commitments by $500M to $2.75B, a credit-positive event for the company. The total cluster value is 0.003% of MTDR's $6.4B market cap, which is below the 0.1% threshold for materiality, making this a routine signal despite the C-suite participation.
Key Financial Metrics
Key Facts
- CEO Joseph Foran purchased 2,000 shares at $53.07 on June 9, 2026, for $106,140
- EVP/COO Glenn Stetson purchased 500 shares at $53.41 on June 9, 2026, for $26,705
- Director Robert Baty purchased 500 shares at $51.44 on June 15, 2026, for $25,720
- Director Monika Ehrman purchased 362 shares at $55.28 on June 8, 2026, for $20,011
- Total open-market purchases: $179,000 across 4 insiders
- Total value is 0.003% of MTDR's $6.4B market cap
- 10 directors received non-cash grants of 3,642 shares each on June 11, 2026, at $0 value
- Company amended credit facility on June 10, 2026, increasing commitments from $2.25B to $2.75B
Financial Impact
Total open-market purchases of $179K, representing 0.003% of market cap
Risk Factors
- Oil and gas sector volatility may overshadow insider signals
- Small cluster size relative to market cap limits signal strength
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MTDR-1781729168300 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 4d ago | 8-K | $56.79 | awaiting T+60 | — | $59.96 (+5.58%) |
Oct 5, 2026 21d ago | 8-K | $53.01 | awaiting T+60 | — | $59.96 (+13.11%) |
Aug 31, 2026 8w ago | Insider Cluster | $58.01 | awaiting T+60 | — | $59.96 (+3.36%) |
Aug 14, 2026 10w ago | Insider Cluster | $53.69 | awaiting T+60 | — | $59.96 (+11.68%) |
Aug 12, 2026 10w ago | Insider Cluster | $52.51 | awaiting T+60 | — | $59.96 (+14.19%) |
Jul 24, 2026 13w ago | 8-K | $50.81 $57.38 | ▲ +12.93% | ▲ +9.64% | $59.96 (+18.01%) |
Jun 17, 2026 18w ago | Insider Cluster | $49.56 $61.18 | ▲ +23.45% | ▲ +21.55% | $59.96 (+20.98%) |
Jun 16, 2026 18w ago | 8-K | $50.40 $61.05 | ▲ +21.13% | ▲ +17.98% | $59.96 (+18.97%) |
Jun 11, 2026 19w ago | Institutional Cluster | $53.62 $59.15 | ▲ +10.31% | ▲ +5.92% | $59.96 (+11.82%) |
Jun 11, 2026 19w ago | Insider Cluster | $53.62 $59.15 | ▲ +10.31% | ▲ +5.92% | $59.96 (+11.82%) |
US Market Status
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