In 2023, Joseph Wm. Foran earned $15.58M in total compensation at Matador Resources, including $1.35M salary, $3.11M bonus and $11.09M in stock. Most recently acquired 2,377 shares in Mar 2025. Currently holds stock worth $41.10M. Has donated $137.51M in stock to charitable causes. Has led Matador Resources for over 10 years.
Compensation History
Annual executive compensation data for Joseph Wm. Foran, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$15.58M
Salary
$1.35M
Bonus
$3.11M
Other
$25.70K
Salary
$1.35MBoard Justification
The company maintains a pay-for-performance philosophy, aligning executive compensation with the company's performance and shareholder interests.
Bonus
$3.11MBoard Justification
The bonus is based on the Cash Incentive Plan, which is designed to link executive decision making and performance with the Company’s goals, rewarding achievements over the prior year.
Other Compensation
$25.70KBoard Justification
Other compensation includes contributions to the 401(k) plan and long-term care insurance premiums.
Restricted Stock
Board Justification
The stock awards that vested in 2023 include cash-settled phantom units and PSUs, reflecting the aggregate number of shares that vested during the year.
Performance Metrics
Key performance metrics include total shareholder return, adjusted EBITDA, net debt to adjusted EBITDA, adjusted operating costs per BOE, and return on average capital employed.
Joseph Wm. Foran
Founder and CEO of Matador Resources
Field of Expertise
Business & Management
Sector of Economy
Energy
CEO of Matador Resources for
10 years 5 months (Jun 2015 - Present)
Previous Experience
Chairman of the Board
Other Matador Resources CEOs
Holdings
Track Joseph Wm. Foran's stock holdings and portfolio value over time.
Total Stock Sold
$254.65K
$254.65K
11,000 MTDR shares
What if they kept their stock?
If Joseph Wm. Foran didn't sell their stock, today they would have:
Extra MTDR11,000 shares worth $490.93K.
This is 92.79% and $236.28K more than what they got when they sold the stock.
Charitable Transactions
3,081,101 shares
MTDR
Recent Charitable Transactions
91,424 shares
MTDR
Jan 16, 2024
Charity
1,000 shares
MTDR
Oct 19, 2023
Charity
2,000 shares
MTDR
Aug 28, 2023
Charity
555,904 shares
MTDR
Aug 23, 2023
Charity
700,584 shares
MTDR
Dec 31, 2022
Charity
7,000 shares
MTDR
Apr 7, 2022
Charity
Insider Trading
Joseph Wm. Foran's recent stock transactions, purchases, and sales filed with the SEC.
$109.15K
MTDR at $45.92/share
Mar 4, 2025
Purchase
$97.10K
MTDR at $48.55/share
Mar 3, 2025
Purchase
$103.08K
MTDR at $51.54/share
Feb 26, 2025
Purchase
$323.64K
MTDR at $53.94/share
Feb 21, 2025
Purchase
59,420 shares
MTDR
Jan 7, 2025
Received
$110.36K
MTDR at $55.18/share
Dec 6, 2024
Purchase
$124.93K
MTDR at $49.97/share
Sep 9, 2024
Purchase
$128.68K
MTDR at $51.47/share
Sep 6, 2024
Purchase
$111.92K
MTDR at $55.96/share
Aug 2, 2024
Purchase
91,424 shares
MTDR
Jan 16, 2024
Charity
Rivals
Compare Joseph Wm. Foran with competitor CEOs and industry peers.
Kaes Van't Hof
CEO of Diamondback Energy
2023 Compensation
Stock
$450.00K
Salary
$950.00K
Bonus
$300.00K
Other
$50.00K
Total Holdings
$15.80M
James H. Walter
CEO of Permian Resources
2023 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$4.30K
Total Holdings
$141.49M
William M. Hickey III
CEO of Permian Resources
2023 Compensation
Stock
$15.00M
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$46.73M
Brendan McCracken
CEO of Ovintiv
2023 Compensation
Stock
$3.86M
Salary
$1.10M
Bonus
$2.54M
Other
$407.55K
Total Holdings
$7.57M