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.
Matador Resources Company's Chief Financial Officer and Executive Vice President, Christopher P. Calvert, has bolstered his stake in the company, acquiring an additional 2,500 shares on August 27, 2026, worth over $140,000. The transaction, as reported by an SEC Form 4 filing, was executed at an average price of $56.64 per share, with the post-transaction value calculated at $56.74 per share based on the market close on the same day.
Matador Resources, a mid-cap independent energy producer with a market capitalization of $7.0 billion, has demonstrated significant scale within the upstream oil and gas sector. The company, which generates $3.9 billion in trailing twelve-month revenues, is strategically focused on the prolific Delaware Basin. Matador's integrated Exploration and Production and Midstream divisions provide it with operational leverage and cost efficiency advantages.
The company's share price has appreciated by 13.73% over the past year, indicating investor confidence in its reserve base, operational execution, and cash-generation capabilities, even in a volatile commodity market.
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