MTDR earnings call for the period ending March 31, 2021.
News & Analysis: Matador Reources
MTDR earnings call for the period ending December 31, 2020.
The oil producer's quarterly earnings update was full of good news, but the bad news took center stage today.
Normally, energy prices are the big news for exploration and production companies like Matador these days, but not this time.
It was a terrible day for exploration and production names with onshore U.S. exposure. Here's what took place and why it matters.
Oil stocks have been on a run lately, but there's one negative that's still a big issue. But this bad news is good news in the long run.
Inventories of just about everything related to crude oil are going up again, and demand is still way down.
Two catalysts fueled the oil stock last month.
The gains were pretty intense in the exploration and production space, with two big reasons for advances of as much as 50% during the day.
Chinese oil demand is said to be closing in on pre-coronavirus levels. If true, that's a big boon for an oil industry that's still deep in crisis.