David White
Long/short equity, value, REITs, macro

Matador Resources Is A Strong Stock And It May Triple Or More.

Matador Resources Company (NYSE:MTDR) is a quickly growing oil and gas E & P company. It has 29,149 net acres in South Texas (mostly the Eagle Ford), 61,951 net acres in Southeast New Mexico and West Texas (the Permian Basin), 25,028 net acres in Northwest Louisiana and East Texas (the Haynesville and the Cotton Valley), and 36,004 net acres in Wyoming, Utah, and Idaho. The above properties total 152,132 net acres.

Total proved oil and gas reserves were 57.2 million Boe as of June 30, 2014. Proved oil reserves increased 54% to 18.6 million barrels as of June 30,2014. What may be best is that a lot of MTDR's leases in its biggest leaseholdings area, the Permian, are...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details