- There's a demand-side to consider in addition to the Black Sea's constrained supply.
- Matador Resources provides a high risk profile versus larger oil and gas stocks, making it a lucrative capital gains play if timed correctly.
- The San Mateo midstream venture could be a significant value-add in the company's longer term vertical integration plans.
- Although there are some balance sheet concerns, Matador still covers interest obligations well.
- The Sharpe Ratio and certain valuation multiples suggest that the stock is underpriced/undervalued.
For further details see:
Matador Resources: Provides High-Beta Russia-Ukraine Oil Exposure