Benchmark sees midstream monetization unlocking value for Matador Resources (MTDR)
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Benchmark has maintained a Buy rating on Matador Resources (NYSE:MTDR) with a price target of $62, despite lowering its fourth-quarter EBITDA projection from $571 million to $494 million due to weaker mark-to-market commodities. Matador Resources is noted for having one of the lowest forward PE ratios among stocks.
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