Here's How Much $1000 Invested In Matador Resources 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Matador Resources (NYSE:MTDR) has produced an average annual return of 10.95%, outperforming the market. A $1000 investment in MTDR a decade ago would now be worth $2,713.20. The company's current market capitalization stands at $6.35 billion.
December 08, 2023 | 5:30 pm
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Matador Resources has delivered a strong performance over the past decade with an average annual return of 10.95%, significantly growing a $1000 investment to $2,713.20.
The historical performance of Matador Resources is likely to instill confidence in investors, potentially attracting more interest in the stock. The strong past performance, especially when it outperforms the market, is often seen as a positive indicator by investors, which could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100