The estimated Net Worth of Joseph Wm Foran is at least $10.3 millió dollars as of 9 September 2024. Mr. Foran owns over 2,500 units of Matador Resources Co stock worth over $1,992,022 and over the last 13 years he sold MTDR stock worth over $254,320. In addition, he makes $8,028,310 as Chairman of the Board, Chief Executive Officer és Secretary at Matador Resources Co.
Joseph has made over 62 trades of the Matador Resources Co stock since 2012, according to the Form 4 filled with the SEC. Most recently he bought 2,500 units of MTDR stock worth $124,925 on 9 September 2024.
The largest trade he's ever made was buying 239,732 units of Matador Resources Co stock on 13 March 2020 worth over $479,464. On average, Joseph trades about 15,133 units every 43 days since 2012. As of 9 September 2024 he still owns at least 40,251 units of Matador Resources Co stock.
You can see the complete history of Mr. Foran stock trades at the bottom of the page.
Joseph Wm. Foran serves as Chairman of the Board, Chief Executive Officer, Secretary of the Company. He is also chair of the Board’s Executive Committee. Mr. Foran began his career as an oil and natural gas independent in 1983 when he and his wife, Nancy, founded Foran Oil Company with $270,000 in contributed capital from 17 of his closest friends and neighbors. Foran Oil Company was later contributed into Matador Petroleum Corporation upon its formation by Mr. Foran in 1988, and Mr. Foran served as Chairman and Chief Executive Officer of that company from inception until the time of its sale to Tom Brown, Inc. in June 2003 for an enterprise value of $388 million in an all-cash transaction. Mr. Foran is originally from Amarillo, Texas, where his family owned a pipeline construction business. From 1980 to 1983, he was Vice President and General Counsel of J. Cleo Thompson and James Cleo Thompson, Jr., Oil Producers, a large independent producer. Prior to that time, he was a briefing attorney to Chief Justice Joe R. Greenhill of the Supreme Court of Texas. Mr. Foran graduated with a Bachelor of Science degree in Accounting from the University of Kentucky with highest honors and a law degree from the Southern Methodist University Dedman School of Law, where he was a Hatton W. Sumners scholar and the Leading Articles Editor of the Southwestern Law Review. He is currently active as a member of various industry and civic organizations, including his church and various youth activities. In 2002, Mr. Foran was honored as the Ernst & Young “Entrepreneur of the Year” for the Southwest Region. In 2019, he received the SMU Dedman School of Law Distinguished Alumni Award for Corporate Service and was named D Magazine’s 2019 Upstream CEO of the Year. In 2020, he was inducted into the Philosophical Society of Texas.
As the Chairman of the Board, Chief Executive Officer és Secretary of Matador Resources Co, the total compensation of Joseph Foran at Matador Resources Co is $8,028,310. There are no executives at Matador Resources Co getting paid more.
Joseph Foran is 67, he's been the Chairman of the Board, Chief Executive Officer és Secretary of Matador Resources Co since 2013. There are 2 older and 30 younger executives at Matador Resources Co. The oldest executive at Matador Resources Co is R. Gaines Baty, 69, who is the Deputy Lead Independent Director.
Joseph's mailing address filed with the SEC is 5400 LBJ FREEWAY, SUITE 1500, DALLAS, TX, 75240.
Over the last 13 years, insiders at Matador Resources Co have traded over $1,285,520 worth of Matador Resources Co stock and bought 1,479,796 units worth $15,737,866 . The most active insiders traders include Joseph Wm Foran, Matthew P Clifton és David E Lancaster. On average, Matador Resources Co executives and independent directors trade stock every 16 days with the average trade being worth of $678,260. The most recent stock trade was executed by Shelley F Appel on 9 September 2024, trading 500 units of MTDR stock currently worth $24,915.
matador resources company (“matador”) is a dallas-based, well established, publicly traded, (nyse:mtdr), independent energy company engaged in exploration, development, production and acquisition of oil and natural gas resources in the us, with a particular emphasis on shale plays and other unconventional plays. matador’s current operations are focused primarily on the oil and liquids-rich portion of the eagle ford shale play in south texas and the wolfcamp and bone spring plays in the permian basin in southeast new mexico and west texas. matador also operates in the haynesville shale and cotton valley plays in northwest louisiana and east texas. in addition, matador has a large exploratory leasehold position in southwest wyoming and adjacent areas of utah and idaho where it is testing the meade peak shale. matador’s has an excellent team of dedicated technical and administrative professionals and a culture of strong performance and financial discipline. matador was established as
Matador Resources Co executives and other stock owners filed with the SEC include: